Warchest

There are people wanting to wait for stock market crash so, their war chest of funds sits idle in their normal bank account say, in POSB and DBS savings account with very little interest rate. 

POSB and DBS Savings Plus savings account
- first $10k - 0.05% p.a.
- next $90k - 0.05% p.a.

 This war chest fund contains funds that are set aside for use when there is superb golden opportunity in the stock market.  There are better or higher savings interest rates in other banks  e.g. Maybank and Standard Chartered Bank.

Maybank iSAVvy savings account
-below $50k - 0.31% p.a.
- above $50k - 0.39% p.a.

Standard Chartered Bank e$aver savings account
-below $50k - 0.508% p.a.
- above $50k - 0.708% p.a.

Follow think link for the summary :-

http://forums.hardwarezone.com.sg/showthread.php?t=3056583

No use putting the idle funds in fixed deposits as the interest rate will be forfeited when there is a premature withdrawal of the deposits.