Standard Chartered Bank is offering 1% savings account (eSaver) for a CDAC baby bonus account opened with them. Offer ends by the end of 2011, but my guess is that it will go on and on.
Check it out on their website for more info :)
http://www.standardchartered.com.sg/personal-banking/deposits/child-development-account/en/
I also like their free Personal Accident Insurance of $50K
SCB has reduced the interest to 0.5%
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