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Tag Archives for " POSB "

DBS and POSB to Cut Savings Interest Rate

Starting from yesterday, interest rates on the savings accounts at both DBS and POSB will be reduced. The interest rate for the first $50k held at PSOB will be cut from 0.25% to 0.125% while DBS Savings Plus account holders will get 0.1% for the first $50k. Rates at other banks are similarly low. For […]

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POSB Invest SingGrowth Account

I saw an advertisement for a POSB structured product, the POSB Invest SingGrowth account, in the newspapers the other day. Thought it would be good to highlight and have a look at this product. The POSB Invest SingGrowth account is a 5-year equity-linked structured product that promises a fixed yearly payout with the potential of […]

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