Fixed Deposit Promotion

[lee_yl]

MyPillow:

lee_yl:

ANZ Bank, min $150K, 1.8%p.a. for 8 months or 2.0%p.a. for 24 months.


Maybank, min $25K, 2.0% p.a. for 36 months.

looks like i/r is creeping up slowly.

While there are lots of uncertainties hinging upon Fed's rate decision, the trend is likely a progressively higher interest rate.

[Coolkidsrock2]

FantasyLandDreams:

Bank of China just opened a branch at Bedok mall basement 2.

Current promotion: 50k at 1.7% for a 6 month FD.

Is this the minimum amount or cap at this amount?

[FantasyLandDreams]

Coolkidsrock2:

FantasyLandDreams:

Bank of China just opened a branch at Bedok mall basement 2.

Current promotion: 50k at 1.7% for a 6 month FD.

Is this the minimum amount or cap at this amount?

Here is the brochure I took.

http://i59.tinypic.com/28taln6.jpg\">

[starlight1968sg]

I was at chinatown today. I saw bank of china has 1.75% for 6 mth !??. As i was in a hurry, i didnt pop in to ask or confirm.

Fyip.

[TheAnswer]

starlight1968sg:

I was at chinatown today. I saw bank of china has 1.75% for 6 mth !??. As i was in a hurry, i didnt pop in to ask or confirm.

Fyip.

I never tried these banks before. A little wary.

[lee_yl]

TheAnswer:

starlight1968sg:

I was at chinatown today. I saw bank of china has 1.75% for 6 mth !??. As i was in a hurry, i didnt pop in to ask or confirm.

Fyip.

I never tried these banks before. A little wary.

Bank of China very safe.
My MIL has been their loyal client for 50 years.

[scang]

lee_yl:

TheAnswer:

[quote=\"starlight1968sg\"]I was at chinatown today. I saw bank of china has 1.75% for 6 mth !??. As i was in a hurry, i didnt pop in to ask or confirm.

Fyip.

I never tried these banks before. A little wary.

Bank of China very safe.
My MIL has been their loyal client for 50 years.[/quote]Money is safe for amount of $50k and below as it is guaranteed under SG law (SDIC).

[FantasyLandDreams]

FD interest rates moving towards 1.85%:

http://singapore-fixed-deposits.com

http://www.wanbao.com.sg/local/story201 ... 1523#photo

[starlight1968sg]

FantasyLandDreams:

FD interest rates moving towards 1.85%:

http://singapore-fixed-deposits.com

http://www.wanbao.com.sg/local/story201 ... 1523#photo

Thanks for sharing.
Am one who is keeping track on the FD interest rates.
I am looking at both short & long tenors.
For shorter tenors, I put in a lump sum.
For longer tenors, I put in a small sum.

[lee_yl]

FantasyLandDreams:

FD interest rates moving towards 1.85%:

http://singapore-fixed-deposits.com

http://www.wanbao.com.sg/local/story201 ... 1523#photo

Every year just before CNY, there are likely to be many FD promos going on.

Those not in a hurry can wait and see.

Not sure the HL 1.98% still avail, so far, that's the most attractive.