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The conditions to fulfil are based on the specific bank savings account criteria to qualify for the highest interest rate.


For example: If you are willing to spend on credit/debit card with the respective bank, UOB One with spendings on credit/debit card as a criteria will be shown to you.

Cash Optimiser

Use our free cash optimiser tool below to find out the highest interest you can earn on your savings by comparing across different accounts.

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How much savings do you have?

0 200,000

What are the conditions you can fulfil for the savings you have?

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Effective Interest Rate

Effective interest rate = Annual interest earned ÷ Balance × 100

A bank may offer an interest rate of “up to 8.0% p.a.”, but this 8.00% p.a. rate is given only for balances above a certain level of deposits, say $50,000.


For example, if you have deposits of S$70,000, you may be earning a lower interest rate for deposits of below $50,000. The higher interest rate of 8.0% is applied only to the $20,000 of deposits above $50,000.


Your total interest earned is calculated by adding the interest received across different tiers. The effective interest rate is the average interest rate you would get by dividing the total interest earned by your average balances.

The calculator is for your convenience only and you have chosen to use it and rely on any results at your own risk. Beansprout will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you may make as a result of using the calculator.