CDA
Which bank is best for setting up CDA account? UOB vs OCBC vs POSB
All 3 banks offer same interest rates on CDA accounts. OCBC’s mighty saver’s account has higher interest rate compared to POSB esavings. Personally, I think the difference in interest rate is negligent since we most likely wouldn’t place a huge sum in our kid’s account. OCBC & POSB offers discounts with certain merchants. We made our decision based on the type of merchants we will most likely be using.
Read moreNowadays you don’t even need to go to the bank physically to open the account. You can apply online. But you’ll need to go to the atm machine to change the baby bonus card pin number. So choose a bank that’s convenient for you
We discussed this in my mummies group, most just went to banks they ardy have or posb coz convenient.
Choose the one that you are comfortable and are convenient to you.
All the same I think? I'm with posbe for convenience sakee
Up to ur convenience, i like ocbc personally
Interest rates are better at ocbc.
All about the same, try ocbc(:
Posb cos convenice
Posb or ocbc