Den of The Lion Investor

Standard Chartered Bank is currently running a promotion on their eSaver account.

Topup your eSaver account by the end of this year and enjoy an additional 0.5% p.a. interest on your topup amount.

Here’s how it works.

If your account balance has:

• Less than $50k -  the prevailing rate of 0.5% p.a. + bonus rate of 0.5% p.a. (on your topup amount) = 1% p.a.
• $50k to $199,999 - 0.88% p.a. + 0.3% p.a. = 1.18% p.a.
• $200k upwards - 1.0% p.a. + 0.3% p.a. = 1.3% p.a.

Another promotion going on is that you will receive a $30 shopping voucher if you set up a giro instruction transferring $500 (every month) to your eSaver account from your account in another bank. The giro form has to be submitted by end of September this year.

If you are looking to park some of your money into fixed deposits, then you might be interested in Qotion. Instead of checking with all the banks individually on their interest rates, the site qotion.sg does it all for you and puts up the information for your comparison.

Qotion does not charge any fee for the service but you do need to register as a member to use their services. At this point in time, registration is free.

They also provide some comparison of credit card, credit lines and loans.

Click here to visit Qotion.