Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.
He is also the author of a "Maximising Returns on Your CPF", where it is a simple-to-read guidebook on CPF. It is published on Kobo, Google Books and Kindle.His favorite CPF investment platform is Endowus, a Roboadvisor that allows him to build a diversified portfolio with global exposure, is low cost and allows him to set up automated goal based investments.His favorite insurance platform is MoneyOwl, a bionic advisory social enterprise allows him to get comprehensive insurance coverage.His favourite reading platform is Kobo, an online bookstore with eInk Readers and Apps with more deals and discounts than Amazon Kindle.His favorite cashback platforms are Shopback and Rakuten.His favorite e-wallet is Google Pay, a convenient way to make payments with only your Smartphone without having to take out your wallet. His favorite remittance platform is Transferwise, an MAS regulated online money transfer service with one of the best exchange rates.
I suspect that the rest of the banks will also cut their interest rates (DBS Multiplier, UOB One). I am going to wait a while to observe to see if I should switch out of OCBC. OCBC 360 has served me well for years.
ReplyDeleteYea, agreed.
DeleteI do like the savings goals of OCBC. I am even considering CIMB Fastsaver but they might slash too.
Wait and see I guess.
Maybe I might not switch too if the interest rates are too low to be worth the effort.