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 Opening a Bank Account in Singapore

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yoshiishi
post May 24 2020, 11:01 AM

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was going through the faq of the iSAVvy account and noticed this :

Maintaining a minimum daily balance of at least S$5,000 over a 6 months period (starting from the second month of account opening) will allow account holders to enjoy 6% interest-on-interest rate.

So if I have SGD5k, after 6 months will be get extra interest of SGD 150 on top of base interest ?

This is applicable if we open the account from MY?
Any catch to this?
Sounds enticing....

yoshiishi
post May 27 2020, 02:54 PM

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doing my online filing and noticed new option on declaration of foreign account.
So anyone with such ac have to declare now.....country probably will need extra income now to fund all the debts etc....



 

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