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.
I use Maybank SaveUp for their 3% interest very competitive rate plus $50,000 insurance. I also use it for savings and not so much for transactions, so I'm ok with the user interface & lack of ATMs. Plus, their Maybank Platinum Visa Card has no annual fee, provided there is at least 1 transaction every quarter, and gives 3.33% cashback on almost any category of $300 spending free.
Maybank SaveUp Account / Maybank Singapore
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
The Standard Chartered e$aver Savings Account is currently offering a promotion that significantly boosts its value by providing consumers heavy incentives to make large deposits into their accounts, as any incremental increases in their balance from month-to-month will earn 1.70% p.a. These funds must be credited to outside source, rather than transferred within the Standard Chartered banking system, and this bonus applies to the increase only and not to the entire balance.
Standard Chartered e$aver / Standard Chartered Bank Singapore
Maybank iSAVvy Plus Savings Account is a great option for consistent savers who can comfortably make large monthly deposits and no withdrawals at that for a period of 6 month. To begin with, Maybank iSAVvy Plus Account rewards account holders with a high base rate according to their balance size, reaching up to 0.38% p.a. for consumers with S$50k+ balance. Considering the market standard is just 0.05% p.a., this base–which comes without any requirements or criteria–is remarkably competitive. Additionally, consumers earn a substantial 1.56% p.a. bonus rate on their incremental growth after 6 months, assuming consistent deposits with no withdrawals.
Maybank iSAVvy Savings Plus Account / Maybank Singapore
I use Citibank for travel and they have saved me a lot of money on ATM fees as they have many ATM's all over the world. When I had to call them I was very impressed with the level of customer service they provided me.They require a minimum initial deposit of $2,000 and provide complimentary cash withdrawals from Citibank ATMs overseas with no processing fee and instant fund transfers, I give them some high recommendations
Citibank InterestPlus Savings Account / Citibank Singapore
If you often have wondered what will happen when you hit the rate cap, with Citibank tap and save account you will continue to enjoy the base interest rate of 0.01% p.a. and step up interest rate of 0.12% p.a. by continuing to ensure that your current month's minimum balance is greater than your last month's minimum balance or by maintaining your balance above S$20,000.
Citibank Tap and Save Account / Citibank Singapore
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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.