Fixed Deposit Promotion
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Jennifer:
The SCB terms and conditions stipulated fresh funds not from existing accounts with SCB, meaning we cannot open the fixed deposit account by transferring funds already in an account with SCB to the fixed deposit account.
Yes, just bring a cheque of bank other than SCB would do -
Those who has participated POSB CNY 1.88% pa by 28th Feb 2015, we should hv our fund released from earmarked by today ( 31st Jan 2016).
I did a goggle search on this.. very interesting.. I saw this msg ( copy and paste here ) :
Extra 1.88% p.a. interest for 6 Months! | POSB Singapore
http://www.posb.com.sg/loyalty
Your earmarked funds for 2015 CNY Promotion will be available for use from 1 ... We are offering you EXTRA 1.88% p.a. for 6 months starting from 1 Feb 2016 to ...
Unquote.
I hv tried to open link but it did not bring me anywhere related to this. I am suspecting that POSB is drafting out some sweetening proposal for us to continue holding fund in this bank. I am curious to know more. Hope POSB will officially announce this asap ..... am missing the boat to xfer fund to SCB to enjoy the Jan rate & free gifts :slapshead:
Anyone has any concrete info on this, pls share here
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Just4Fun:
Those who has participated POSB CNY 1.88% pa by 28th Feb 2015, we should hv our fund released from earmarked by today ( 31st Jan 2016).
I did a goggle search on this.. very interesting.. I saw this msg ( copy and paste here ) :
Extra 1.88% p.a. interest for 6 Months! | POSB Singapore
http://www.posb.com.sg/loyalty
Your earmarked funds for 2015 CNY Promotion will be available for use from 1 ... We are offering you EXTRA 1.88% p.a. for 6 months starting from 1 Feb 2016 to ...
Unquote.
I hv tried to open link but it did not bring me anywhere related to this. I am suspecting that POSB is drafting out some sweetening proposal for us to continue holding fund in this bank. I am curious to know more. Hope POSB will officially announce this asap ..... am missing the boat to xfer fund to SCB to enjoy the Jan rate & free gifts :slapshead:
Anyone has any concrete info on this, pls share here
Managed to get into the link now...promotion period 25 jan to 28 jan 16... so I am late ?!!! :slapshead:
Terms and Conditions Governing Loyalty Promotion (“Promotion”)
1. The promotion period shall be from 25 January 2016 to 28 January 2016 (“Promotion Period”).2. The Promotion is open to selected DBS/POSB customers who participated in the 2015 CNY CASA
Cash Gift Promotion and whose funds are still being earmarked by DBS during the Promotion Period.
3. To qualify for the Promotion, customers must:
(a) submit their completed DBS online registration form during the Promotion Period indicating their
NRIC/passport number; and
(b) not withdraw the amount earmarked for the 2015 CNY CASA Cash Gift Promotion (“Earmarked
Amount”) from 1 February 2016 to 31 July 2016 (“Earmark Period”).
4. Successful customers will receive a confirmation SMS within 10 working days.
5. Customers who satisfy the criteria above will receive a lump sum cash gift equivalent to 1.88% p.a. of
the Earmarked Amount for a 6-month period (“Cash Gift”). “6-month period” means 182 calendar days.
The Cash Gift will be credited to the successful customer’s earmarked account within 15 working days
after the end of the Earmark Period.
6. Each eligible customer is only entitled to 1 Cash Gift. -
PSLE2014:
Yes, UOB offers Golden Risis Monkey for fresh fund $108K, min 3mths holding period . The interest rate is not attractive if u go for it now... 1.5% pa till feb, after which was told the interest rate will drop. I did my math... not so good.Is it UOB offering Risis Monkey?
Finds this SCB gift appropriate for my mother-in-law. -
Just4Fun, the DBS promotion was only for their treasury and private banking customers.
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heh, how come the POSB and UOB things not advertised?
Perhaps only for high net worth pple? -
starlight1968sg:
Only for their treasury and private banking customers.heh, how come the POSB and UOB things not advertised?
Perhaps only for high net worth pple? -
alng:
Don't think UOB's promotion is meant for the treasury and private banking customers only. Anyway, don't think it is a big deal.. Trade low interest for Free monkey ... For the $ difference, you can easily buy a golden monkey from Singapore Mint.
Only for their treasury and private banking customers.starlight1968sg:
heh, how come the POSB and UOB things not advertised?
Perhaps only for high net worth pple?
Today is SCB last day of 1.88% promotion... I hv managed to transfer my 2015 CNY fund from POSB, and put into SCB FD... 1.93% with free Barrel
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Let us hope for higher int rates for FD in Feb
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Just4Fun:
Good for u.
Don't think UOB's promotion is meant for the treasury and private banking customers only. Anyway, don't think it is a big deal.. Trade low interest for Free monkey ... For the $ difference, you can easily buy a golden monkey from Singapore Mint.
Today is SCB last day of 1.88% promotion... I hv managed to transfer my 2015 CNY fund from POSB, and put into SCB FD... 1.93% with free Barrel
How long the tenure for 1.93% ?
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