Which Bank should you Choose?
Rewritten for 2024
OCBC Premier Banking: Visa Infinite Lifetime fee waiver. Reasonably attractive Premier savings account (but as soon as I post this, they will probably nerf the interest rate). Dragon Pass 2 free visits a year.
UOB Privilege Banking: Visa Signature lifetime fee waiver. Good UNI$ to Krisflyer Miles conversion.
SCB Priority Banking: Visa Infinite no lifetime waiver, instead you receive an SMS every year that your fee has been waived. As my spend on the card dropped to $0, I was not confident that the fee will be waived so I cancelled it.
Priority Pass - I haven't bothered to ask for it since its supposed to be issue with the credit card which I have cancelled.
USD High Account with debit mastercard. Allows me to spend US$ online or when I visit the US. But not all places in US accept the card for some reason (i.e. I get declined/error with some merchants).
Most important feature is no minimum commission for stock trading. This makes it the 'best' PB of all the local banks for me.
FSM+ Diamond Tier: No exactly a bank, but I treat the autosweep account as a savings account and park about $100k there since the interest rate is relatively attractive and the funds are immediately available for
stock trading.
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