Bank Interest Rate

CIMB Singapore raises deposit interest rate tenfold to up to 2% annually

StarSaver savings account holders can enjoy the new rate without any deposit caps.

RHB Singapore raises deposit interest rates to up to 5.5%

It attributed this to the “recent spate of competitive rising rates by local banks.”   RHB Singapore has joined the bandwagon of local banks that have raised the interest rates for their deposit accounts.