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    Fixed Deposit Promotion

    Scheduled Pinned Locked Moved Money Matters
    1.2k Posts 124 Posters 377.8k Views 1 Watching
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    • L Offline
      lalaland
      last edited by

      MrsKiasu:
      I still like my current arrangement..higher interest attached to card spending.

      UOB One account?

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

        lalaland:
        starlight1968sg:

        I am looking at the Maybank pdt but still thinking bec of the min 30k, noting it is not a plain FD


        Yes, and it is 5 years long.

        Use your extra money
        5 yrs is not short , but confirm interest paid so no need to renew yearly .effective interest is 2.3% upon mature.

        OCBC 360 Acct not bad too but limit at 60k for high interest

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        • MrsKiasuM Offline
          MrsKiasu
          last edited by

          lalaland:
          MrsKiasu:

          I still like my current arrangement..higher interest attached to card spending.


          UOB One account?

          360 and One account. If could spend $2k/mth for One card, then get rebate of $300/qtr. So could get more than 4% pa on the max 50k. Using these 2 accts/cards, I get $300/mth. Capped at 110k in principal in total.

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          • starlight1968sgS Offline
            starlight1968sg
            last edited by

            Saw this at ocbc, anybody selling it, pls PM me tks

            https://s24.postimg.org/oz4x8z3s5/IMG_1791.jpg\">

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            • J Offline
              jeparent
              last edited by

              MyPillow:
              lalaland:

              [quote=\"starlight1968sg\"]I am looking at the Maybank pdt but still thinking bec of the min 30k, noting it is not a plain FD


              Yes, and it is 5 years long.

              Use your extra money
              5 yrs is not short , but confirm interest paid so no need to renew yearly .effective interest is 2.3% upon mature.

              OCBC 360 Acct not bad too but limit at 60k for high interest[/quote]I don't think \"confirm interest paid\" . It can be less than 1% or even none. My understanding of the terms only principal is guaranteed . That is why i asked about minimum and maximum as stated in the ads.

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              • MyPillowM Offline
                MyPillow
                last edited by

                jeparent:


                I don't think \"confirm interest paid\" . It can be less than 1% or even none. My understanding of the terms only principal is guaranteed . That is why i asked about minimum and maximum as stated in the ads.
                [/quote]


                go to the branch to ask Maybank , get better info .

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                • MyPillowM Offline
                  MyPillow
                  last edited by

                  MrsKiasu:


                  360 and One account. If could spend $2k/mth for One card, then get rebate of $300/qtr. So could get more than 4% pa on the max 50k. Using these 2 accts/cards, I get $300/mth. Capped at 110k in principal in total.
                  mks, i dun spend that much a mth on credit card lei
                  all spilt out to petrol card, ntuc ... also no need $2k :scratchhead: heng ah or Huat ah 😆

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                  • A Offline
                    adhd.041031dad
                    last edited by

                    dupe sorry

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                    • A Offline
                      adhd.041031dad
                      last edited by

                      dupe sorry. wish I could delete

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                      • A Offline
                        adhd.041031dad
                        last edited by

                        Anyone ever heard of this guy called Jeffrey Yang? I can’t find out much about him but a friend has invested money in his MXR or money exchange or something like that.


                        It apparently pays interest of 1.5% per month. That’s like 18% annually! How can any investment pay that much? Is this a scam like ponzi?

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