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 | 2.58% p.a. | $21.23 | $10,031.10 |
| December (based on 31 days) | $10,031.10 | 2.58% p.a. | 21.98 | $10,053.08 |
| 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 | 2.58% p.a. | $438.24 | $200,437.24 |
| November (based on 30 days) | $200,437.24 | *0.88% p.a. | $144.97 | $200,582.22 |
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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. |
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