Fixed Deposit Promotion
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I was calculating the "bargain-able" delta for the SCB. Realised it works out to be $20 for a $25k deposit. So I guess that is what the managers are allowed to give up front.
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zbear:
Not knowing abt this 'bargaining', mine is 7 months at 1.65%. If I had known earlier, I would have tried my luck.
I got mine at the standard offered rate too :oops: -
lee_yl:
:thankyou: lee_yl, you definitely know how to bargain.@comfy,
No, I didn't call and ask for better rates before going down. I just tried my luck when I was at the bank. To my surprise, they gave me a better rate on the spot after some prompting. I went to the branch at ION.
@zbear,
I placed $200K with them as initially, i was looking at the 2.08% pa. As alng's friend enjoyed a better rate too with just $40K, I believe those who know, can ask for better rates than those advertised!
@Starlight,
I think the min amt required to open a FD with SCB is $25K. The counter staff offered me 1.93% pa for 12mths. I am not sure when one's bargaining power is higher, one can get higher than 1.93% pa
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lee_yl:
leeyl , v hardworking . appreciated@comfy,
No, I didn't call and ask for better rates before going down. I just tried my luck when I was at the bank. To my surprise, they gave me a better rate on the spot after some prompting. I went to the branch at ION.
@zbear,
I placed $200K with them as initially, i was looking at the 2.08% pa. As alng's friend enjoyed a better rate too with just $40K, I believe those who know, can ask for better rates than those advertised!
@Starlight,
I think the min amt required to open a FD with SCB is $25K. The counter staff offered me 1.93% pa for 12mths. I am not sure when one's bargaining power is higher, one can get higher than 1.93% pa
u existing cust of scb? called me few days ago too, i yet to decided. -
MyPillow:
u existing cust of scb? called me few days ago too, i yet to decided.
lee_yl, are u a SCB Priority Customer? I can't help but notice that SCB only takes care of Priority Customers but not normal n new customers. -
zbear:
zbear,most banks care their P cust , scared they run away to give competitor $$
I can't help but notice that SCB only takes care of Priority Customers but not normal n new customers. -
MyPillow:
zbear,most banks care their P cust , scared they run away to give competitor $$zbear:
I can't help but notice that SCB only takes care of Priority Customers but not normal n new customers.
DBS/POSB also did not care for me when my funds was with them. But when I moved my funds to SCB, two different bank officers from DBS called me immediately on the same day. -
OT: so sad, when I moved my funds, nobody called me.
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alng:
alng, so what did dbs offer to do for you ? i know their fixed dep rate is low low
DBS/POSB also did not care for me when my funds was with them. But when I moved my funds to SCB, two different bank officers from DBS called me immediately on the same day. -
alng:
alng, so what did dbs offer to do for you ? i know their fixed dep rate is low low
DBS/POSB also did not care for me when my funds was with them. But when I moved my funds to SCB, two different bank officers from DBS called me immediately on the same day.
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