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    Fixed Deposit Promotion

    Scheduled Pinned Locked Moved Money Matters
    1.2k Posts 124 Posters 378.0k Views 1 Watching
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    • starlight1968sgS Offline
      starlight1968sg
      last edited by

      FLD

      HLF has 3 mth FD but rates really pathetic.

      1 Reply Last reply Reply Quote 0
      • needtoupdateN Offline
        needtoupdate
        last edited by

        MY friend told me Hsbc has a step up bonus promotion Starting May 3 2016

        You need to deposit at least $200K to open hsbcPremier acct and
        it is a 1.8% p.a. on next 90 days of adb of at least 200k comparing with 0 dollar in april account as a reference month
        However after 90 days, the normal 0.1% interest rate will apply.
        To game the system ,can consider pay $ 50 early termination fee to end the Premier account Early AS you need to hold the account for six months to avoid paying the $ 50
        So it works out to 1.7% for 200k for 3 months if you pay penalty $50 and close account after 3 months

        there is a potential additional 0.7% to be earned fon the 1st 100k of the 200k if you used the debit card and spend more $500 retail per month

        She also said some of the hsbc phone CSO are not familiar with the above scheme and for such important matters ask for their full name and time and date as have encountered before other bank Cso with fake name

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        • F Offline
          FantasyLandDreams
          last edited by

          BOC 12 mth FD at 1.7% this month, last mth was 1.8%

          CIMB 6 mth FD at 1.6%, minimum 20K, promotion ends this month

          1 Reply Last reply Reply Quote 0
          • S Offline
            sleepy
            last edited by

            https://www.sc.com/sg/important-informa ... t-changes/

            1 Reply Last reply Reply Quote 0
            • MyPillowM Offline
              MyPillow
              last edited by

              sleepy:
              https://www.sc.com/sg/important-informa ... t-changes/

              why choose this bonus saver? only first 25k earns 1.88% ..

              1 Reply Last reply Reply Quote 0
              • starlight1968sgS Offline
                starlight1968sg
                last edited by

                10mth for 1.6%pa

                https://www.sc.com/sg/save/term-deposit-sgd-dollar.html
                disappointed!

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                • MyPillowM Offline
                  MyPillow
                  last edited by

                  starlight1968sg:
                  10mth for 1.6%pa

                  https://www.sc.com/sg/save/term-deposit-sgd-dollar.html
                  disappointed!
                  Hmm... Fed is \"not\"raising Int rate in near days,so do banks

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                  • starlight1968sgS Offline
                    starlight1968sg
                    last edited by

                    MyPillow:
                    starlight1968sg:

                    10mth for 1.6%pa

                    https://www.sc.com/sg/save/term-deposit-sgd-dollar.html
                    disappointed!

                    Hmm... Fed is raising Int rate in near days,so do banks

                    i think the rates are dropping.

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                    • MyPillowM Offline
                      MyPillow
                      last edited by

                      starlight1968sg:
                      MyPillow:

                      [quote=\"starlight1968sg\"]10mth for 1.6%pa

                      https://www.sc.com/sg/save/term-deposit-sgd-dollar.html
                      disappointed!

                      Hmm... Fed is raising Int rate in near days,so do banks

                      i think the rates are dropping.[/quote]Sorli, I meant fed is not raising much Int rates in near days
                      Miss out \"not\" 😜

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                      • starlight1968sgS Offline
                        starlight1968sg
                        last edited by

                        MP

                        That word is super impt; just pulling yr leg.
                        I was wondering if my memory has failed me bec earlier this year, the rates were heading north.

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