Fixed Deposit Promotion

[starlight1968sg]

MP

Am still thinking hard on that 5 yr OCBC pdt at 1.88%pa pa

[FantasyLandDreams]

MyPillow:

starlight1968sg:

Any FD promotion?

HLF in compass one not open yet .

the ocbc ,5 yrs u posted in investment thread , my senior purchased some amt too, 5yrs risk free if got extra cash ,reasonable for elders.

I was at Compass One just now.
No FD promotion. HLF 12 mths FD at 1.3%. Ocbc 1.1%.
Don't seem to find any FD promotion this month.

[MerlionInGermany]

starlight1968sg:

MP

Am still thinking hard on that 5 yr OCBC pdt at 1.88%pa pa

It does not say that the principal is guaranteed, right?
It only says guaranteed cash payout.

[starlight1968sg]

MerlionInGermany:

starlight1968sg:

MP

Am still thinking hard on that 5 yr OCBC pdt at 1.88%pa pa

It does not say that the principal is guaranteed, right?
It only says guaranteed cash payout.

Yes, you are right and so i want to find out

[FantasyLandDreams]

Maybank FD , 12 months 1.68 per cent. Upfront interest given tomorrow.

Condition :
must maintain ten per cent of your FD amount in savings account and cannot use this ten per cent for a year too. Savings account rate is 0.1875 percent.

http://info.maybank2u.com.sg/promotion/deposits-banking/12month-sgd-td.aspx

[cherrygal]

—deleted—

[starlight1968sg]

FantasyLandDreams:

Maybank FD , 12 months 1.68 per cent. Upfront interest given tomorrow.

Condition :
must maintain ten per cent of your FD amount in savings account and cannot use this ten per cent for a year too. Savings account rate is 0.1875 percent.

http://info.maybank2u.com.sg/promotion/deposits-banking/12month-sgd-td.aspx

I dislike this type of bundle offer.

[MyPillow]

starlight1968sg:

FantasyLandDreams:

Maybank FD , 12 months 1.68 per cent. Upfront interest given tomorrow.

Condition :
must maintain ten per cent of your FD amount in savings account and cannot use this ten per cent for a year too. Savings account rate is 0.1875 percent.

http://info.maybank2u.com.sg/promotion/deposits-banking/12month-sgd-td.aspx

I dislike this type of bundle offer.

If put $60k means take $6k to put in the savings acct ( for one yr, as long as the fixed dep term)
so total capital to b prepared is $66K - this bundle sounds ok to me , at least it is not investment or insurance conditions
my senior promo at waterway pt should be this mechanics

but is it safe , Maybank, to put more than one foxed dep in May bank ?
The fixed dep protection( of up to 50K) by MAS is per per $50k per name Or ?

[pacetone]

MyPillow:

starlight1968sg:

[quote=\"FantasyLandDreams\"]Maybank FD , 12 months 1.68 per cent. Upfront interest given tomorrow.

Condition :
must maintain ten per cent of your FD amount in savings account and cannot use this ten per cent for a year too. Savings account rate is 0.1875 percent.

http://info.maybank2u.com.sg/promotion/deposits-banking/12month-sgd-td.aspx

I dislike this type of bundle offer.

If put $60k means take $6k to put in the savings acct ( for one yr, as long as the fixed dep term)
so total capital to b prepared is $66K - this bundle sounds ok to me , at least it is not investment or insurance conditions
my senior promo at waterway pt should be this mechanics

but is it safe , Maybank, to put more than one foxed dep in May bank ?
The fixed dep protection( of up to 50K) by MAS is per per $50k per name Or ?[/quote]This looks fine to me too. I'll check with the branch since one of the FDs is maturing soon.

[lego]

MyPillow:

The fixed dep protection( of up to 50K) by MAS is per per $50k per name Or ?

Yes, it is $50k per person (covers S$ savings account, S$ current account, S$ fixed deposits)
If accounts are jointly owned, it is assumed that the each account holder has an equal share for the purpose of computing the deposit insurance.