HL Bank iSavings Account

 

HL Bank Logo

Min. Deposit
$5,000

Interest Rate
up to 1.228%

Review on HL Bank iSavings Account

Pros
Low minimum deposit
Online savings account interest rate with no requirements
Free travel insurance

Cons
Interest rates only applicable for fresh funds during promotional period
Foreign Bank with limited branches

 

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Details

Interest Effective Interest
First $20k 0.50% p.a. 0.50% p.a.
Next $30k 1.10% p.a. up to 0.86% p.a.
Next $150k 1.35% p.a. up to 1.2275% p.a.
Above $200k 0.80% p.a. up to 1.2275% p.a.

Earn up to 1.2275% p.a. ($200k deposit) without fixed deposit commitments

Deposit amount made in relation to the promotion must be in Fresh Funds

Easy internet banking login and transactions can be tracked online conveniently

Low initial deposit of $5,000

No lock-in period unlike fixed deposits

 

Promotions

Complimentary worldwide travel insurance coverage with a minimum $20,000 daily balance in the iSavings Account for a minimum period of 3 months from the date of account opening (Until 12 Sep 2017)

 

Click here to go to HL Bank's website for more details

 

Comments

 

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