Special Savings Account S2
A unique high interest savings account.
Special Savings account holders enjoy a higher interest rate and even lower fees.
- Funds available on demand
- No withdrawal fees
- 1 free transactions at other branches where prior arrangements made, otherwise small charge
- Interest is tax-free up to $900 per year
2.00% pa1
interest rate
| Special Savings Account S2 | |
|---|---|
| Features | |
| Minimum balance | $10 |
| Service fee | $2 per monthly |
| Maintenance fees | $4 per quarter |
| Over the counter withdraw fee | Free |
| Number of free withdrawals | Unlimited |
| Dormancy fee | $3.00 monthly charge when account inactive over 1 year until account becomes nil balance or become active again. per month |
| Minimum deposit | Nil, no more account is to be open for this product |
| Automatic deductions | na |
| Interest Income | Calculated monthly, paid biannually |
Automatic deduction from savings accounts
- Customer can authorise automatic deductions from saving accounts for TDB loan account.
- PPAs or deduction to accounts at BSP, ANZ or MBF Bank.
- A fee of $1.50 per transaction is charged for periodic loan repayments to loan at TDB or other Banks.
- No fee charged when insufficient funds in account to make the payments.
- Must always ensure that there is sufficient fund in the Savings Pass Book and Accounts.
1. No interest on balances below $200.00
