What account is perfect for saving children fees aside from my regular savings account?
I usually put aside an amount of money each month to pay my kids school fees twice a year. Is there a recommended account that is preferred for this type of arrangement aside from using my regular savings account especially as my other intention is to get some kind of interest?
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Try high interest savings account like DBS multiplier, UOB One etc. as the fit what you seek and are good. If you already maxed out those type of account already, you can also try CIMB Fast saver who just recently increased interest rates to 1.5% for above $50k.