Fixed Deposit Promotion
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Star , is it fr BOC , I din know China life
In fact any one go boc.a sizeable branch inwater way pt- lots of banks there - surprised to see a big citi bank there too -
MyPillow:
MPStar , is it fr BOC , I din know China life
In fact any one go boc.a sizeable branch inwater way pt- lots of banks there - surprised to see a big citi bank there too
http://www.chinalife.com.sg/chinalife/en/products/savereward101SGD.html
I bought it at POEMS in BB. I can pay using my cc and clocked quite a lot of points
PS: I am not promoting any pdt and I have little or no financial knowledge. -
There's a lot of fixed deposits that require fresh funds to qualify for promotion

Lets say I have a bank account with Bank A. Bank A has a 1.8% promotion for fresh funds time deposit of at least $20,000 for 12 months. Can I withdraw $10,000 2 times from Bank A on 2 different dates, transfer to Bank B, and withdraw from Bank B to Bank A for the fresh funds time deposit promotion? -
Any FD promotion, please?
Thank you. -
starlight1968sg:
Hi,do you know who guarantees the product?
MPMyPillow:
Star , is it fr BOC , I din know China life
In fact any one go boc.a sizeable branch inwater way pt- lots of banks there - surprised to see a big citi bank there too
http://www.chinalife.com.sg/chinalife/en/products/savereward101SGD.html
I bought it at POEMS in BB. I can pay using my cc and clocked quite a lot of points
PS: I am not promoting any pdt and I have little or no financial knowledge. -
ngpetert:
Hi,do you know who guarantees the product?[/quote]No clue.
MPstarlight1968sg:
[quote=\"MyPillow\"]Star , is it fr BOC , I din know China life
In fact any one go boc.a sizeable branch inwater way pt- lots of banks there - surprised to see a big citi bank there too
http://www.chinalife.com.sg/chinalife/en/products/savereward101SGD.html
I bought it at POEMS in BB. I can pay using my cc and clocked quite a lot of points
PS: I am not promoting any pdt and I have little or no financial knowledge. -
MRC Kindergarten Serangoon North:
Yes u can, what the bank wants to see is a cheque from another bank when u placed the fixed deposit.There's a lot of fixed deposits that require fresh funds to qualify for promotion

Lets say I have a bank account with Bank A. Bank A has a 1.8% promotion for fresh funds time deposit of at least $20,000 for 12 months. Can I withdraw $10,000 2 times from Bank A on 2 different dates, transfer to Bank B, and withdraw from Bank B to Bank A for the fresh funds time deposit promotion?
They don't trace the movements of the funds, so u don't need to transfer $10,000 twice on different dates, just do a single withdrawal of $20,000 will do. -
Got money, no place to spend also headache.

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floppy:
No place to put another headacheGot money, no place to spend also headache.

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Right now the best FD promotion I can find is with CIMB: https://www.cimbbank.com.sg/en/personal/news-and-promotions/promotions/accounts/cimb-sgd-fixed-deposit-promotion.html
Min $20K
1.15% for 6 months, and 1.25% for 12 months.
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