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Compare and Save! - Current Accounts

 

Key Benefits

Eligibility

Fees

Interest Rates

 

DBS Current

Apply Now

Auto Cheque Mailing

900 ATMS

Above 21 years old

$3000 min initial deposit

$7.50 fall below fee ($3000)

$30 early account closure (within 6 months)

First $3k: 0.10%

Next $47k: 0.125%

Next $50k: 0.25%

Bal. Above $100k: 0.325%

DBS Foreign Currency Current

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Transact in 12 currencies

Auto cheque mailing

Above 21 years old

Minimum initial deposit

Monthly Service Charge

Interest Rates

POSB Current

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Auto cheque mailing

Above 21 years old

$500 min initial deposit

$2 monthly fee

$2 fall below fee ($1500)

$30 early closure fee (within 6 months)

 

UOB Current

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UniAlerts

Above 21 years old

$1000 min initial deposit

$7.50 fall below fee ($3000)

 

UOB Campus

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UniAlerts

Full time student above 18 years old

$100 min initial deposit

 

First $15k: 0.10%

Next $85k: 0.175%

Next $200k: 0.325%

Bal. Above $300k: 0.325%

UOB i-ACCOUNT

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UniAlerts

Above 21 years old

$3000 min initial deposit

$2 monthly fee

$7.50 fall below fee ($3000)

First $15k: 0.10%

Next $85k: 0.175%

Next $200k: 0.325%

Bal. Above $300k: 0.325%

UOB High Yield

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Total value of deposits and investments

 

$30 early closure fee (within 6 months)

First $200k: 0.25%

Next $300k: 0.30%

Next $500k: 0.40%

Bal. Above $1mil: 0.50%

UOB Global Currency

Apply Now

9 currencies

Earn daily interest

Above 21 years old

 

 

Check Plus

Apply Now

Earn daily interest

Above 21 years old

$500 min initial deposit

$2 monthly fee

$5 fall below fee ($500)

$20 early closure fee (within 6 months)

First $3k: 0.15%

Next $6k: 0.20%

Next $40k: 0.25%

Above $50k: 0.35%

HSBC Current

 

Free cheque book

Above 21 years old

$2000 min initial deposit

$7.50 fall below fee ($3000)

$50 early closure fee (within 6 months)

 

HSBC Premier Account

Exclusive Premier rates

Above 21 years old

HSBC Premier customers

 

First $5k: 0.01%

Next $10k: 0.01%

Next $35k: 0.01%

Next $50k: 0.075%

Above $100k: 0.10%

HSBC Foreign Currency Current

 

Above 21 years old

US$5000 min initial deposit

US$50 early closure fee (within 6 months)

 

CIMB Foreign Currency Current

Available in USD, EUR, GBP, AUD, JPY

Above 21 years old

US$10 fall below fee

US$20 early closure fee (within 6 months)

 

CIMB SGD Current

 

Above 21 years old

$3000 min initial deposit

$20 fall below fee ($3000)

 

PremierOne

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Daily interest

Above 18 years old

$1000 min initial deposit

$8.50 monthly service fee

$2 monthly account fee

First $3k: 0.1875%

Next $47k: 0.1875%

Bal. above $50k: 0.25%

Foreign Currency Call

Available in USD and EUR

Above 18 years old

US$1000 min initial deposit

US$5 monthly fee

 

Foreign Currency Current

Available in USD and Major Currencies

Above 18 years old

US$1000 min initial deposit

US$5 monthly fee

 

Citi Access

Interest bearing USD account

US$5k min deposit

 

 

US$ Checking

 

US$5k min deposit

 

 

Foreign Currency Current

Non interest bearing

USD, GBP, EUR, AUD, NZD, CHF, HKD

US$1000 min deposit

Above 18 years old

 

 

Foreign Currency Cheque and Save

Interest bearing

USD, GBP, EUR, AUD, NZD, CHF, HKD

US$1000 min deposit

Above 18 years old

 

 

XtraSaver

Cashback

Above 18 years old

No min deposit

$30 early closure fee (within 6 months)

 

Cheque and Save

 

Above 18 years old

$5000 min initial deposit

$7.50 fall below fee ($5000)

$2 monthly fee

$30 early closure fee (within 6 months)

 

 

 

 

 

 

EasiSave

Apply Now

 

Above 18 years old

$1000 min deposit

$7.50 fall below fee ($3000)

$2 monthly fee

First $10k: 0.125%

Next $40k: 0.175%

Next $100k: 0.325%

Next 850k: 0.400%

Bal. above $1mil: 0.480%

Current Account

No interest

Above 18 years old

$1000 min deposit

$7.50 fall below fee ($3000)

 

USD Chequeing Account

Apply Now

No interest

Above 21 years old

US$1000 min deposit

US$10 fall below fee (US$1000)

US$20 early closure fee (within 6 months)

 

Al-Wadi'ah Current

Apply Now

No hibah earned

Above 18 years old

$1000 min deposit

$7.50 fall below fee ($3000)

 



What's a reasonable amount of money to keep fully liquid? PDF Print E-mail
Bank Accounts - Current Accounts
Written by Editor   
Thursday, 08 July 2010 10:15

 

You'll need to look at your overall portfolio to decide what to do. Look at how much you have (how many months worth of expenses are covered for emergencies). Next, look at your needs for additional cash in the next few years. Do you need to replace a car / roof / appliance / pay for a child's tuition / etc? Consider adding that money to this account.

 
What does it mean to balance a cheque book? PDF Print E-mail
Bank Accounts - Current Accounts
Written by Editor   
Thursday, 08 July 2010 10:14

In simple terms, balancing a cheque book means comparing your cheque book register with your bank statement to ensure that the balances are the same.

 


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