What happened? The interest rates on savings accounts are starting to be cut. UOB announced that the interest rates on its flagship UOB One savings account will be cut from 1 May 2024. Shortly after, Standard Chartered also announced that the maximum interest rate on the BonusSaver (Bonus$aver) account will also be reduced from 1 […]

source: https://thefinance.sg/2024/04/03/uob-one-slashes-interest-rates-time-to-switch/