10 Jan '18, 3pm

Make your money work harder for you – Mortgage interest offset accounts https://t.co/Pn6j2QjlHR

Make your money work harder for you – Mortgage interest offset accounts https://t.co/Pn6j2QjlHR

Two-third of your deposits, capped at outstanding loan amount earns the interest charged to your mortgage loan. The remaining one-third and any excess deposits earns 0.25%. 70% of loan or deposits, whichever is lower, will earn the same interest as what is charged to your mortgage loan. The remaining deposits does not earn any interest. Any excess deposits also do not earn any interest. Deposits up to outstanding loan amount earns 50% of interest that is charged to your mortgage loan. Any excess deposits earn 0.125%.

Full article: https://www.iproperty.com.sg/news/make-your-money-work-ha...

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