These days, saving up in Singapore is all about knowing how to jump through hoops to get the most interest from banks. You might even have caught yourself buying nonsensical things to hit minimum spend so that you can get more interest on your savings account. You don’t need us to tell you that that’s not a wise thing to.
SBI had reintroduced monthly average charges from April 1, 2017, but had to revise downwards the penalties for non-maintenance of the minimum balance from October 1, after facing a backlash from customers.