Fixed Deposit Promotion

[alng]

zakashi:

starlight1968sg:

[quote=\"zakashi\"]SCB increases home morgage interest rate to 2.2%. So SCB FD interest rate is now at 2% as mentioned by Startlight1968sg.

No, SCB FD int rates are reduced. Even with 2yr tenure, it is <2%pa.

zakashi
You have a housing loan with SCB?

I though alng said that not you. Sorry. Yes I have.[/quote]SCB 2% was earlier offer.

[starlight1968sg]

lee_yl:

starlight1968sg:

I recalled some mums (including lee_yl?) locked in rates for longer tenure and this proves a correct move.

Lucky me! Signed up for 2 yrs @ 2.13% pa before CNY.

There's one promo coming up tomorrow. HSBC 7month FD @ 1.65%pa or 1.7%pa (for premier customers). For $50K deposit, receives $30 TAKA vouchers.

yes, I remembered and your move is absolutely smart in view of the current situation.

[starlight1968sg]

MyPillow:

SCB should be stable , old n big brand . HSBC too .

during the previous crisis, some big banks in US collapsed.
I don't trust banks fully and I recalled (again) lee_yl's advice: spread your eggs and don't put all in one basket

[MyPillow]

starlight1968sg:

lee_yl:

[quote=\"starlight1968sg\"]I recalled some mums (including lee_yl?) locked in rates for longer tenure and this proves a correct move.

Lucky me! Signed up for 2 yrs @ 2.13% pa before CNY.

There's one promo coming up tomorrow. HSBC 7month FD @ 1.65%pa or 1.7%pa (for premier customers). For $50K deposit, receives $30 TAKA vouchers.

yes, I remembered and your move is absolutely smart in view of the current situation.[/quote] Star u din placed the. Fixed dep b4 CNY ?
Since I m existing Scb old timer , I went back HL n may bank - already spreaded. Bought some cheap shares too

[zakashi]

Disappointed if alng said SCB offered 2%. SCB offered only 1.78% of $100k for 1 year before CNY.

[alng]

zakashi:

Disappointed if alng said SCB offered 2%. SCB offered only 1.78% of $100k for 1 year before CNY.

Think you could be a bit late. A friend of mine get 2% for $200K for a year. Another friend got 2.1% for $50K for 2 years. I also place for two years and I get more than 2% too. But all of us got our placements before 15 Jan.

[zbear]

lee_yl:

There's one promo coming up tomorrow. HSBC 7month FD @ 1.65%pa or 1.7%pa (for premier customers). For $50K deposit, receives $30 TAKA vouchers.

Any promo for normal customers?

[zakashi]

alng:

zakashi:

Disappointed if alng said SCB offered 2%. SCB offered only 1.78% of $100k for 1 year before CNY.

Think you could be a bit late. A friend of mine get 2% for $200K for a year. Another friend got 2.1% for $50K for 2 years. I also place for two years and I get more than 2% too. But all of us got our placements before 15 Jan.

Thanks alng but your statement may not be true. We also got our placement before the date you mentioned.

[alng]

zakashi:

alng:

[quote=\"zakashi\"]Disappointed if alng said SCB offered 2%. SCB offered only 1.78% of $100k for 1 year before CNY.

Think you could be a bit late. A friend of mine get 2% for $200K for a year. Another friend got 2.1% for $50K for 2 years. I also place for two years and I get more than 2% too. But all of us got our placements before 15 Jan.

Thanks alng but your statement may not be true. We also got our placement before the date you mentioned.[/quote]
Really? Wonder if it is due to the shorter tenure. So far, most of the cases I know from friends are for 2-year tenure and they all get more than 2% for amounts ranging from $50K to $200K. For a 1-year tenure, I only have this friend who placed $200K for 1 year for 2%.

[starlight1968sg]

MyPillow:

Star u din placed the. Fixed dep b4 CNY ?
Since I m existing Scb old timer , I went back HL n may bank - already spreaded. Bought some cheap shares too

I did during LiChun but for 6mth. Shld hv gone for 12mth or even 24mth had I know the rates would drop :frustrated: