Standard Chartered's e$aver Accounts Interest Rates To Drop Again

Standard Chartered's e$aver Accounts interest rates is to drop again for the 5th time since its launch.

From 17th March 2008 onwards, e$aver Accounts with deposit less than $50K will be revised to 0.78% from 0.8%. e$aver Account has since revised their interest rate from 1.88% to 1.5%, 1.2% to 0.8%, and then now to 0.78%. MayBank's iSavvy account is now offering 1.08%.

e$aver New Interest Rates Announcement
http://www.standardchartered.com.sg/edm/2/scb080307/index.html

My previous post on e$aver and iSavvy
http://hongjun.blogspot.com/2008/02/maybank-isavvy-savings-account-interest.html