Fairprice Plus Savings Highest for balances $50,000 to $500,000

February 16th, 2009 by panzer


Fairprice Plus will pay the highest interest on savings now even when they have revised their savings rate down from a flat 1% for all balances to apply to only balances exceeding $50,000.

However, compared to Maybank, Fairprice Plus pays higher interest of 0.5% for balances $5,000 and below.

For balances between $5,000 and $50,000, you can choose either Fairprice Plus or Maybank iSavvy since both pay you 0.5% interest.

Perhaps it’s time to look at treasury bills again?

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