Great ariticle, would you like to share it?Is it worth saving money with MariBank's 2.5% interest rate? | The Investing Iguana 🦖
@The Investing Iguana:🟩🟩 Step into the world of savvy investing with The Investing Iguana, your ultimate YouTube channel for wealth building and financial literacy in Singapore. Hosted by the engaging and knowledgeable Iggy, our channel explores a plethora of topics around money management, from exploring high-yield savings accounts like Maribank's 2.5% p.a. offering, to cracking the code on early retirement. 🌟 🟩 Today's hot topic centers on Maribank, a Singapore-based digital bank that is luring customers with a highly competitive 2.5% interest rate. But is it worth your investment? We deep dive into this, analyzing the account's features like daily interest credit, no minimum deposit requirement, and absence of hidden fees. Not only that, we shed light on how Maribank manages to offer such a compelling interest rate. 🏦 🟡TIMESTAMP 0:00 - Intro & Viewer's Question 0:18 - What is Maribank? 0:40 - Maribank's Interest Rate 1:00 - Comparing Rates in Singapore 1:20 - Pros of Maribank Savings 1:50 - Important Considerations 2:10 - How Maribank Offers High Rate 2:40 - Is Maribank Safe? 3:10 - SDIC Deposit Insurance 3:40 - Inflation Impact on Savings 4:15 - Real Return Example 4:45 - Inflation & Other Banks 5:15 - Summary: Is Maribank Worth It? 5:40 - Risks and Financial Advice 6:00 - Conclusion & Fine Print Reminder ⭕Read the blog article/post at: https://www.investingiguana.com/investment-tools/maribank 🔔 Make sure to SUBSCRIBE and turn on notifications, so you never miss any of our videos: https://www.youtube.com/@InvestingIguana?sub_confirmation=1 🌐 Or CHECK OUT the articles at the Investing Iguana Blog: https://www.investingiguana.com/ 💰 "Investing is a long-term game. Be patient, disciplined, and informed." - The Investing Iguana 👍 If you found this video helpful, please give it a thumbs up, and share it with your fellow investors. 🟥 Remember, always conduct your own research and consult a financial advisor before making any investment decisions. Happy investing, and see you in the next episode!
Is it worth saving money with MariBank's 2.5% interest rate? | The Investing Iguana 🦖Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.