There are situations that we are sick and we need to drink medicines that the doctor gave to us. Some people have illness like diabetes and other more. Those who have illness like that needs to drink their maintenance, but sometimes they ran out of those. They go to medical stores and buy those medicines. Now they do not have cash on hand, can they use their debit card for payment?
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
This account is only open to consumers with an Advance banking relationship. Overall, HSBC Advance Time Deposit is fairly accessible, with just an S$5,000 minimum to place a deposit of any tenure at standard rates. Interest rates do not vary by deposit size, though rates jump substantially for longer tenures. In fact, board rates from 1 to12 months range from 0.05% to 0.25%, but a 24 month tenure earns an impressive 1.45% p.a. This is one of the highest 24 month rates on the market, making the HSBC Advance Fixed Deposit excellent for long-term deposits
HSBC Singapore Dollar Savings Account / HSBC Bank Singapore
Standard Chartered is another name that has an expat banking programme to cater to expats’ needs allowing those on the programme to get their accounts set up prior to arriving in Singapore, and to remit money to overseas Standard Chartered account for free. The main drawback is the lack of Standard Chartered ATMs around, not easily accessable.
Standard Chartered FCY$aver / Standard Chartered Bank Singapore
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
I like that with the Citibank MaxiSave account the first check book upon account opening will be issued upon request, at no charge.Subsequent check books however are automatically replenished at S$15 each. Also the free check imaging printed on monthly statements for easy monitoring and tracking
Citibank MaxiSave Account / Citibank Singapore
This is a current account with chequebook and a 0.8% for the interest. If you don’t require a chequebook, you can consider opening the fastsaver instead which pays 1%. This combined checking and savings account not only allows you to enjoy one of the highest interest rates at 0.8% p.a. but you will also receive unlimited free cheque books and free withdrawals ASEAN-wide.
CIMB StarSaver (Savings) Account / CIMB Bank Berhad Singapore Branch
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Debit cards are an alternative for cash. It is a plastic card that is issued by the bank allowing the cardholder to transfer their money electronically to another bank account when making a purchase. So it depends on the medical store that you will be going to if they accept card payments, but usually a lot of stores today allow usage of cards as payment.