Question: Which Bank In Nigeria Gives The Highest Interest Rate?

Where can I get the best interest on my money?

Join a credit union.Open a high-interest online savings account.

You don’t have to settle for cents of interest that you may get from a traditional brick-and-mortar bank’s regular savings account.

Switch to a high-yield checking account.

Build a CD ladder.

Join a credit union..

Which bank is best for savings?

Best Savings Accounts in Singapore (2020)Standard Chartered Bonus$aver Account. PopularFeatured. S$0. … UOB Stash Account. Welcome GiftFeatured. S$1,000. … DBS Multiplier Account. Popular. … POSB Multiplier Account. Popular. … BOC SmartSaver. S$1,500. … Maybank Save Up Programme. Welcome Gift. … OCBC 360 Account. S$1,000. … UOB One Account. S$1,000.More items…

What is better than fixed deposit?

Popular investments under this scheme include PPF, Post office time deposit, Senior citizen savings scheme, and Monthly income scheme among others. PPF, a long-term investment option offers guaranteed returns and offers a return of 7.90 per cent, and also falls under the EEE category (exempt, exempt and exempt).

Which bank is best for fixed deposit for 1 year?

Last Updated on December 2020Top 10 1-year FDs for 2020BankRegular FD Rates (per annum)Senior Citizen FD Rates (per annum)ESAF Small Finance Bank7.00%7.50%Kerala Transport Development Finance Corporation Limited (KTDC)8.00%8.25%Utkarsh Small Finance Bank6.75%7.25%6 more rows

Which local bank has the highest interest rate?

Best money market accounts: Bank detailsHighest Rate: Navy Federal Credit Union – up to 0.70% APY. … High Rate: First Internet Bank – 0.60% APY. … High Rate: Sallie Mae Bank – 0.55% APY. … High Rate: TIAA Bank – 0.55% APY (Intro APY) … High Rate: Ally Bank – 0.50% APY. … High Rate: Synchrony Bank – 0.50% APY.More items…

What is the current rate for Treasury bills in Nigeria 2020?

Current Nigeria Treasury Bills Rates – CBN NTB Primary Auction Results:Auction dateMarginal Rate91 days364 daysJuly 15, 20201.30%3.35%July 1, 20201.78%3.39%June 17, 20201.80%3.74%8 more rows

Which bank is best for monthly interest?

Interest rates on Monthly Income FD SchemesTop banks monthly income FD interest rates for senior citizensBankInterest rateTenure rangeUnion Bank of India4.50%181 days to less than 1 yearFederal Bank5.25%271 days to less than 1 yearKotak Mahindra Bank5.25%365 days to 389 days1 more row

Where can I put my money to earn the most interest?

Open a high-yield savings or checking account. If your bank is paying anywhere near the “average” savings account interest rate, you’re not earning enough. … Join a credit union. … Take advantage of bank welcome bonuse. … Consider a money market account (MMA) … Build a CD ladder. … Invest in a money market mutual fund.

Which bank in Nigeria has the highest fixed deposit interest rate?

Access BankFixed Deposits Interest Rates of Nigerian Banks September 04, 2019S/NNAME OF BANKTime Deposit1Access Bank11.612Citi Bank Nigeria6.603Coronation Merchant Bank13.674Diamond Bank6.8023 more rows

Which bank is best for fixed deposit in 2020?

Best Fixed Deposit Rates & Promotions in SG, Dec 2020BankInterest Rate (Per Annum)TenorICBC0.75%12 monthsUOB0.55%10 monthsOCBC0.50%12 monthsStandard Chartered0.30%6 months3 more rows•6 days ago

Which bank has the highest fixed deposit interest rate?

Best Fixed Deposit Rates By Tenor3-Month: 0.45% p.a. (Standard Chartered)6-Month: 0.30% p.a. (ICBC)8-Month: NA.9-Month: 0.65% p.a. (ICBC)10-Month: 0.50% p.a. (UOB)12-Month: 0.70% p.a. (ICBC)18-Month: 0.62% p.a. (Hong Leong Finance)24-Month: 0.90% p.a. (Sing Investment & Finance)More items…