I haven't seen 5% anywhere, maybe that is a promotional rate. The best I have found is an "eSavings" account at CBQ with 4.09%. You can withdraw from ATM or shuttle between online and regular savings via their website.
3000 QR SHOULD BE THE AVERAGE MINIMUM BALANCE TO BE MAINTAINED FOR A MONTH IN HSBC BANK FOR SAVINGS ACCOUNT. IF IT FALLS BELOW THIS VALUE THEY WILL CHARGE 25 QR/MONTH.
stay away from HSBC... I have an esavings account with commercial bank, the interest is 4.09% p.a. and compounded montly.. you can use it like an ordinary savings account.. trust me on this, its the best value presently in qatar.
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I haven't seen 5% anywhere, maybe that is a promotional rate. The best I have found is an "eSavings" account at CBQ with 4.09%. You can withdraw from ATM or shuttle between online and regular savings via their website.
http://www.cbq.com.qa/DepositRates.aspx?id=106
3000 QR SHOULD BE THE AVERAGE MINIMUM BALANCE TO BE MAINTAINED FOR A MONTH IN HSBC BANK FOR SAVINGS ACCOUNT. IF IT FALLS BELOW THIS VALUE THEY WILL CHARGE 25 QR/MONTH.
commercial bank is offering a new super saving account with an interest of 5% i think thats the best you can get here
stay away from HSBC... I have an esavings account with commercial bank, the interest is 4.09% p.a. and compounded montly.. you can use it like an ordinary savings account.. trust me on this, its the best value presently in qatar.
J.J