Savings

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Singapore Savings Bonds

Past SSBs

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
June 20232.81 2.81 2.81 2.81 2.81 2.81 2.81 2.81 2.81 2.81
July 20232.76 2.76 2.76 2.76 2.76 2.76 2.76 2.78 2.81 2.82
August 20232.97 2.97 2.97 2.97 2.97 2.97 2.97 2.98 2.98 2.99
September 20233.01 3.01 3.01 3.01 3.01 3.01 3.01 3.02 3.04 3.06
October 20233.05 3.05 3.05 3.05 3.05 3.05 3.06 3.09 3.13 3.16
November 20233.21 3.21 3.21 3.21 3.21 3.21 3.22 3.25 3.29 3.32
December 20233.30 3.30 3.30 3.30 3.30 3.30 3.31 3.34 3.37 3.40
January 20243.00 3.00 3.00 3.00 3.00 3.00 3.00 3.02 3.05 3.07
February 20242.72 2.72 2.72 2.72 2.72 2.72 2.72 2.75 2.78 2.81
March 20242.74 2.74 2.74 2.74 2.74 2.74 2.75 2.79 2.84 2.88
April 2024 2.95 2.95 2.95 2.95 2.95 2.95 2.96 2.99 3.02 3.04
See More Past SSBs

Year From Issue Date12345678910
May 20220.861.491.721.841.911.962.012.042.062.09
Jun 20221.431.922.162.302.372.432.462.492.512.53
Jul 20221.692.162.372.472.542.602.632.662.692.71
Aug 20222.002.422.632.742.822.882.922.952.973.00
Sep 20222.632.672.682.692.692.712.732.752.782.80
Oct 20222.602.602.602.622.642.662.682.702.732.75
Nov 20223.083.113.143.153.163.173.183.193.203.21
Dec 20223.263.263.273.343.393.423.443.453.463.47
Jan 20232.952.952.953.023.093.133.163.193.233.26
Feb 20232.842.842.842.842.842.842.862.902.942.97
Mar 20232.762.762.762.762.762.762.782.822.862.90
Apr 20233.013.013.013.013.013.013.033.073.123.15
May 20233.033.033.033.033.033.033.033.043.063.07

Average return per year %

Banking Promos

Standard Chartered Bonus$aver

Tap Referral Sign Up

🔥

Until 30th February 2024 (promo by StanChart)

A new-to-Bonus$aver customer is defined as someone who must not have had a previous Bonus$aver Account and/or Bonus$aver Credit Card account suspended, cancelled or terminated in the last 12 months. Other StanChart cards/accounts do not affect your eligibility for Bonus$aver promo.

⚠️

Don’t have a StanChart Credit Card yet? Make sure you sign up for a StanChart Credit Card first to enjoy the credit promo, then sign up for Bonus$aver to enjoy both promos. The order matters!

StepsReward
Sign up for Bonus$aver Account + Bonus$aver Credit Card as a new-to-product customer
Tap here to fill up Google FormTo monitor and keep track of referral + get 1 credit to obtain a future finhack
Deposit and maintain minimum S$50,000 of fresh funds until the end of following month (i.e. 31st March 2024 if account is opened in February 2024)S$188 cashback²
Optional: credit a minimum of S$3,000 monthly salary into your Bonus$aver account within the first two months of opening your Bonus$aver Account through GIRO with Purpose Code “SALA”S$100 cashback²

These are for reference only. Please refer to terms and conditions:

  1. Bonus$aver sign-up promo

Citi Plus Promo

Citi
Interest Booster Account

Until 29th February 2024

ActivityReward
Apply for Citi Plus Interest Booster Account and fill up SingSaver form in email ⚠️ no form, no rewardS$50 cash
(fulfilled by SingSaver)¹
Deposit minimum S$20,000 in fresh funds within 2 months of account opening and maintain until Month 6Additional S$100 Cash or an TP-Link Smart Tapo RV10 Lite Robot Vacuum (worth $259)
(fulfilled by SingSaver)¹
Upon opening an account and funding S$20,000 in fresh funds. S$30 cash reward from Citi²
Holding a valid primary/main Citi Credit CardExtra S$30 bonus card reward from Citi²
Base interest of the account (no salary, spend etc. requirement)1.5% p.a. up to the first S$50,000 deposit
Total: S$210 + interest

For reference only. Terms and conditions apply (save a copy for your own future reference):

  1. SingSaver terms and conditions
  2. Citibank terms and conditions

Note that there is an early closure fee of S$50 if account is closed within 6 months but fall-below fees are waived until 31 December 2024.

Citigold Premier Banking

🔥

New to Citi bank accounts
Choose either SingSaver gifts:

  1. Apple iPhone 15 Pro Max 256GB (worth S$2,017.50) plus S$200 cash
  2. Apple iPad Pro 11″ Wi-Fi + Cellular 256GB (worth S$1,659.40) plus S$200 cash
  3. S$1,500 cash plus S$200 cash

Or Citibank offers:

  • 3.6% p.a. interest for 3-month time deposit of S$250,000 which is roughly S$2,250 interest (3.2% p.a. for 6-month)
  • S$880 cash gift

Whichever you choose, get more rewards from Citibank:

  • Extra S$300 for holding a Citibank credit card
  • Extra $100 + S$138 for maintaining Investment Risk Profile AND complete the Fact Find Report

Until 29th February 2024

Sign-up Process

  1. Apply with the link
  2. Important: find SingSaver email and fill in redemption form after application; no form no reward
  3. If you prefer Citibank’s offer, inform the Relationship Manager assigned to you and note that you will not be getting the SingSaver promo
  4. Fulfil requirements as stated in terms and conditions

Get personalised wealth management, a dedicated Relationship Manager, and other lifestyle and banking privileges.

Bank accounts

UOB Bank Accounts

Traded Endowment Policies

Traded endowment policies can be a great place to set aside savings, and have very compelling advantages over buying policies directly from insurance agents or companies.

Watch this video to find out more, and get $250 discount with promo code SETHISFY

Insurance “Savings Accounts”

Please note that these are not actual savings accounts, but insurance savings plan that allow withdrawal of cash value. Refer to their respective terms and conditions. More relevant back in 2020 to early 2022, we’ll see whether 2023 brings such products that are compelling.

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Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opinion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).