I saw in an online shop that they are selling repossessed items. They are well maintained and even slightly used. They are sure legit people and can be trusted. I asked them for legal documents that will support their stuffs and they showed me the papers. Now I am planning to buy some items from them, can I use my debit card as method of payment?
This is a decent account for kid with ages 18 and below as there are no minimum deposit, fall below fee, monthly fee or lock-in period. However, as a parent you are required to pay $50 into the account by GIRO every month. The interest rates aren’t the best but they’re not that bad either as you recieve 0.1% interest on the first $50,000, 0.15% on amounts above $50,000 up to $200,000, and 0.25% on amounts above $200,000.
Standard Chartered e$aver Kids / Standard Chartered Bank Singapore
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
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
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
For fellow expats working in Singapore, this current promotion is great for those who need to remit USD overseas. This is where good planning is necessary. You don’t only benefit from exchanging money at your desired rate, but earn even more at the same time with the 2.5% p.a. interest. Plus, when you do transfer after the 4 months, you’ll get to enjoy same-day transfers at S$0 when doing so online with DBS Remit!
DBS Multi-Currency Account / DBS Bank
Good account with pretty good interest without having to worry about minimum spend or other transactions. However, since they encourage account holders to go cardless, to get a card you may need to pay for it. I find that the user interface for the mobile and online banking is rather lacklustre as logging in seems to be a huge problem for the app.
CIMB FastSaver-i Account / CIMB Bank Berhad Singapore Branch
No Name
Buying repossessed items is not an illegal thing to do. Most of the repossessed items have enough documents that support the item. Selling repossesssed items is mostly done by the banks. But other people can also do that if someone loaned from them and have documents. Yes you can buy those items from the seller, you can also use your debit card to pay for the items.