Savings Account 
How does the interest work?
Eg: You maintain your savings with no withdrawals daily between October - December
| Illustration 1 For daily balance more than $9,999.00 |
My Daily Balance | Interest Rate | My Interest Earned | My Account Balance on the Last Day of the Month |
|---|---|---|---|---|
| October (based on 31 days) | $9,999.00 | 1.28% p.a. | $10.87 | $10,009.87 |
| November (based on 30 days) | $10,009.87 | 2.28% p.a. | $18.76 | $10,028.63 |
| December (based on 31 days) | $10,028.63 | 2.28% p.a. | $19.42 | $10,048.05 |
| Illustration 2 For daily balance more than $199,999.00 |
My Daily Balance | Interest Rate | My Interest Earned | My Account Balance on the Last Day of the Month |
|---|---|---|---|---|
| October (based on 31 days) | $199,999.00 | 2.28% p.a. | $387.29 | $200,386.29 |
| November (based on 30 days) | $200,386.29 | *0.88% p.a. | $144.94 | $200,531.22 |
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* The entire Vivid Account balance is calculated at 0.88% (p.a.) as it exceeds $200,000 after the credit of interest. These calculations are for illustrative purposes only and are not representations, warranties or assurances of the actual interest credited. Interest rates effective from 01 January 2025 |
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