I want to open another bank account where I wish to build a significant cash position (with about 5 months of my salary). I will use that money incase of emergencies or if I need a lot of cash, so that I don't have to exit any stock positions or mutual funds if I suddenly need money. The corpus will be created over time ofc. I wanted to know which is a good bank to go ahead with? I don't have a problem with a non zero balance account, all these banks offer a shit ton of options and benefits and I am confused. So, good people of grapevine share your wisdom. What would be a good choice with decent benefits.
Why not open FD or multiple in your own bank? You can also open multiple savings accounts in your bank itself
If you want to choose other bank anyways: Choose ICICI. They have good app and service better.
I have that kind of savings account in PNB. And I make several FDs online, as of now earning 7.25% interest on it. The idea behind several FDs instead of one is to be able to break as per need without disturbing entire funds.
Open the bank account in SBI . Opt for flexible FD in which you can withdraw the amount anytime you want in case of emergency while earning the FD interest rate.
Although rate of interest is 6 to 6.5 % but it's one of the safest bank out there.
Dbs...7.5% on saving.
Hi,
I’m looking for an saving bank account to open online without need to go bank offline.
This is just to park some money for sometime, as if it’s main account I just keep spending it.
Main purpose is only to park some time and then ...
So, I just tried to access my SBI account and whaddya know? It's BLOCKED! Apparently, my KYC needs updating, which is fine, except SBI DIDN'T TELL ME! No email, no SMS, no little pop-up warning - nothing. Just a big, fat "Account Blocke...
I wanted to know which Bank will be the best to open a savings account as a college student because in that account I'll be depositing my stipends only so maybe the ones with good interest rates will be better. Or Any investment advice ...
How many bank accounts you have and why?
Any bank accounts just for FD with high interest rates?
What’s your take on this?
Noob here. Thanks in advance.
This is not going to be my salary account and would love if they have a credit card that has good benefits too
