Fixed Deposit Promotion

[kitty2]

FantasyLandDreams:

kitty2:

Sing finance 1 year is 1.8% plus a can of abalone, 2 years is 2% plus a can of abalone . Good deal and the bank was packed!

The abalone can be collected on the spot? Becos usually for boc, need to go to another place to collect the abalone, very ma fan.

Yes and I think need to place only 38K

[alng]

starlight1968sg:

alng:

Standard Chartered Bank's promotion has been extended till end of Jan 2016. So far, the bank is flexible in providing higher rates. Have friends getting 2.1% pa for $40K for 2 years and 2% pa for $200K for a year.

The bank is going all its way out to woo customers' money?

I think so. I had to go three times in order to place my FD as it was very crowded. I understand if you have higher amount and if also open their bonus saver account, you can be offered higher than 2.1%. In other words, the bank published rates are flexible and negotiable.

[lee_yl]

kitty2:

Sing finance 1 year is 1.8% plus a can of abalone, 2 years is 2% plus a can of abalone . Good deal and the bank was packed!

It's 1.88% for 12mths, not 1.8% pa!
min $38K free one can of New Moon NZ abalone.
I just checked with Sing Finance, they allow customers to open, say, 2 x $38K FDs and collect 2 cans of abalone.

http://www.sif.com.sg/images/promo16001a.jpg\">

[kitty2]

lee_yl:

kitty2:

Sing finance 1 year is 1.8% plus a can of abalone, 2 years is 2% plus a can of abalone . Good deal and the bank was packed!

It's 1.88% for 12mths, not 1.8% pa!
min $38K free one can of New Moon NZ abalone.
I just checked with Sing Finance, they allow customers to open, say, 2 x $38K FDs and collect 2 cans of abalone.

http://www.sif.com.sg/images/promo16001a.jpg\">[/quote


Yes! Just went to check just now, is 1.88% for a year!

[Sun_2010]

alng:

Standard Chartered Bank's promotion has been extended till end of Jan 2016. So far, the bank is flexible in providing higher rates. Have friends getting 2.1% pa for $40K for 2 years and 2% pa for $200K for a year.

Is this still on, i dont find anything on their website ?

[zbear]

lee_yl:

kitty2:

Sing finance 1 year is 1.8% plus a can of abalone, 2 years is 2% plus a can of abalone . Good deal and the bank was packed!

It's 1.88% for 12mths, not 1.8% pa!
min $38K free one can of New Moon NZ abalone.
I just checked with Sing Finance, they allow customers to open, say, 2 x $38K FDs and collect 2 cans of abalone.

http://www.sif.com.sg/images/promo16001a.jpg\">

Is anyone going to place an FD with them?

Looks like this is the best rate so far.

[lee_yl]

Me! But i am not familiar with Sing Fin so max i will place with them (for the first time) is 2 X $38K as insurance coverage is up to $50K only.

[alng]

Sun_2010:

alng:

Standard Chartered Bank's promotion has been extended till end of Jan 2016. So far, the bank is flexible in providing higher rates. Have friends getting 2.1% pa for $40K for 2 years and 2% pa for $200K for a year.

Is this still on, i dont find anything on their website ?

Yes it is still on till end Jan. I even have the bank promised to give me the same good rate if I bring in more fund by end of Jan. This is the best so far.

[Sun_2010]

alng:

Sun_2010:

[quote=\"alng\"]Standard Chartered Bank's promotion has been extended till end of Jan 2016. So far, the bank is flexible in providing higher rates. Have friends getting 2.1% pa for $40K for 2 years and 2% pa for $200K for a year.

Is this still on, i dont find anything on their website ?

Yes it is still on till end Jan. I even have the bank promised to give me the same good rate if I bring in more fund by end of Jan. This is the best so far.[/quote] :thankyou:

[Justice_justin]

lee_yl:

Me! But i am not familiar with Sing Fin so max i will place with them (for the first time) is 2 X $38K as insurance coverage is up to $50K only.

You will still suffer a loss of $26k in the worst case...