A business company has given us a lot of benefits, to me that satisfies my needs and most of them were not even on my plan. Now my company is requiring us to have a debit card as a part of the benefits of the company. I want to know if it is legal to require the employees to have one. I am not used to those things.
High savings account interest rate with no requirements and high $5,000,000 deposit limit but unfortunately only applicable for customers that are 55 years old and above. But still with a low 0.18% p.a. interest rate on first $50,000 deposit and access to enjoy interest rates of up to 1.28% p.a. with the MyWay Savings Account with no lock-in period and privileges on dining, travel, lifestyle and healthcare with the MyWay debit card, this is a fair enough deal.
Standard Chartered Unlimited$aver / Standard Chartered Bank Singapore
Standard Chartered is another name that has an expat banking programme to cater to expats’ needs allowing those on the programme to get their accounts set up prior to arriving in Singapore, and to remit money to overseas Standard Chartered account for free. The main drawback is the lack of Standard Chartered ATMs around, not easily accessable.
Standard Chartered FCY$aver / Standard Chartered Bank Singapore
Up Account allows for a base interest which is the basic interest that you will earn, just like with your normal savings account.This account will give you a base rate of 0.01% p.a. Step up interest is a unique component in addition to your base interest. This is innovatively designed to reward you more as you increase your savings with them
Citibank Step-Up Account / Citibank Singapore
The interest is quite low on this card as compared with other saving plan. It deducts 2 dollars per month on your account balance if it is lower than $500. The interest rate is minimal and there are no incentive to save each month. Super good account as they do not need initial deposit to open the account. Good for new to workforce adult that have not much saving.
DBS eMySavings Account / DBS Bank
This is perhaps the most competitive salary crediting account that earns sizeable interest rate. Only low point is that you need to hit the minimum spent of $500 a month on debit or credit card and must pair up with one/yolo/lady’s card. Best high interest account in the market! Reliable and efficient travel insurance claim, highly recommendable and easy to claim. Your one stop solution for all travel insurance needs.
UOB One Account / United Overseas Bank
They allow eligibility for children aged 18 and below with a minimum initial deposit of S$1. With the HSBC Premier Lite Savings account as their first savings account, they will not only start saving early, but also receive a recognition card that offers worldwide emergency support wherever they may be. Apart from the exclusive HSBC Premier interest rates, you also have the convenience of accessing your account via the Global view facility, or through HSBC’s global ATM network and 24-hour Phone Banking Services.
HSBC Premier Lite / HSBC Bank Singapore
No Name
In the latest way of paying the workers of a company is usally by a bank. Most businesses or companies have partnered already with banks so they can deposit the salaries that their employees need. Those major companies provides you the debit card that you can use anytime. But it depends on the company that you are working for. Some small companies give the salary the old fashion way.