Wondering how much interest you are getting from your savings account per month?
If you are still depositing your cash into the old-school savings account like POSB, your $10,000 could earn you only S$0.40 per month.
But if you deposit the same $10,000 into high-interest savings account like CIMB FastSaver, you will be getting S$2.50 per month instead.
That’s about 10 times difference!
You can use this simple Savings Account Interest Calculator to calculate the potential amount of interest earned.