Changes to S'pore banks' savings accounts interest rates and ways to get more bang for your buck

While savings are important, customers can also have a holistic financial plan and grow their financial assets through investment. PHOTO: ST FILE
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SINGAPORE - The coronavirus pandemic has hit many businesses this year, but one change that has also reached consumers is banks cutting their interest rates on savings accounts.

This was the inevitable result of a low interest rate environment, the banks said.

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