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Will I earn interest when my deposit amount reaches the limit?

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Definitely! The funds in your account will continue to earn interest even after you’ve hit the maximum deposit cap of S$5,000. For example:
  • On July 1, your account balance is S$5,000 at the end of the day. You will earn an interest of S$0.01 and it will be credited to your account on July 2.
  • On July 2, your account balance is S$5,000.01. You will continue to earn interest based on this amount at the end of the day.