Warning: count(): Parameter must be an array or an object that implements Countable in /homepages/15/d480484399/htdocs/wordpress2019/sgwatch/wp-includes/post-template.php on line 293

The Bank’s Historical Interest Rates

Since I started tracking bank interest rates in January last year in the post “Earn up to 2% 1.6% 1.2% 1.38% p.a. in a Savings Account“, bank interest rates have slowly been sliding downwards.

I thought it would be interesting to be able to see on one page, how high interest rates were previously, and which banks change their interest rates the most often:

16 March 2009:

Standchart’s e$aver dropped interest rates for $50k and above.
(note that e$avers has a special Bonus Rate of 2.00% promo for limited period.)
UOB dropped their interest rates for all categories.

16 February 2009:

Maybank iSavvy dropped their interest rates for $5k-$50k, and above $50k.

12 February 2009:

Fairpriceplus dropped their interest rates for less than $50k.

20th October 2008:

Standchart’s e$aver dropped interest rates for all categories.

4th August 2008:

Standchart’s e$aver dropped interest rates for all categories.

25th July 2008:

UOB High Yield dropped interest rates for all categories except from $500k-$1mil.
Standchart’s e$aver dropped interest rates for all categories.

4th April 2008:

UOB High Yield dropped interest rates for all categories.
Maybank iSavvy dropped their interest rates for $5k-$50k, and above $50k.

30th Jan 2008:

Tags: , , , , , , , , , ,

4 Responses to “The Bank’s Historical Interest Rates”

  1. The Singapore Daily » Blog Archive » Daily SG: 13 Feb 2009 Says:

    […] Life, the universe and everything – Singapore Entrepreneurs: Stealing Cupid’s Bow [Thanks BL] – Random Thoughts Of A Free Thinker: Let’s boycott Valentine’s Day! – Sg_Ljers: Plagarise much? – Singapore Watch: The Bank’s Historical Interest Rates […]

  2. The Singapore Daily » Blog Archive » Weekend Roundup: Week 07 Says:

    […] Life, the universe and everything – Tribolum: Soul Searching – Dee Kay Dot As Gee: Happy Birthday Singapore!!! – Bernard Aw’s Blog: Writing for SIIA – The Banzai Effect: S.O.Y.A Cosplay 2009 – Have You BEAN There? – AngryAngMo: Weird Things Made In Singapore? – Yummy BBQ Chicken Wings: Are you suffering from socio-political blogs’ addiction? [Recommended. Funny] – Dee Kay Dot As Gee: Oh no, not another naming contest – Making History Relevant: Wayang Party Club Proposal Is Irrelevant – Angry AngMo: How To Survive Valentines Day In Singapore During The Financial Crisis And Still Make Your Loved Ones Happy – Singapore Entrepreneurs: Stealing Cupid’s Bow [Thanks BL] – Random Thoughts Of A Free Thinker: Let’s boycott Valentine’s Day! – Sg_Ljers: Plagarise much? – Singapore Watch: The Bank’s Historical Interest Rates […]

  3. GreyHair Says:

    the StanChart eSaver rates listed above for Feb 2009 and Oct 2008 are not the highest because it excludes bonus interest. Bonus interest is payable if the average daily balance exceeds the average daily balance of the reference month which is the month before the interest rate promotion is launched. There were at least four such promotions in the last eighteen months.

  4. global eco village green home making Says:

    Simply want to say your article is as astounding.

    The clearness for your submit is just cool and that i could suppose you are knowledgeable in this subject.
    Fine along with your permission let me to take hold of your RSS feed
    to keep up to date with impending post. Thanks a million and please keep up the enjoyable work.

Leave a Reply