Digital banks offer higher interest rates, grocery rebates to pull customers from traditional banks

Digital banks offer higher interest rates, grocery rebates to pull customers from traditional banks

Channel NewsAsia - Commentary·2022-12-09 18:00

SINGAPORE: Digital banks in Singapore are offering more than just higher interest rates to entice sign-ups in a market that is dominated by traditional banks.

Among their offerings, the banks are ramping up promotions and services to help clients offset higher inflation.

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