Fixed Deposit Promotion
-
ChiefKiasu:
You can only buy this if you buy an insurance plan.
Wah... looks good leh. Highest I've seen so far. Thanks!starlight1968sg:
Please read carefully!
https://www.aia.com.sg/content/dam/sg/en/photos/campaigns-promotions/aia-smart-g3/aia-smart-g3-brochure.pdf
A bit like the maybank bundle. -
That is why I mentioned to read carefully …
-
May Bank 2.05% , 12 mth
every 20k , need to place 2k in normal savings acct for 12 mth too
so far , i am ok with such T&C ,ie total placement is $22K - 20K fixed dep rate, $2k normal saving rate
https://info.maybank2u.com.sg/promotion/deposits-banking/deposit-bundle.aspx -
So many options to choose from. Can anyone summarise the best promotion from the bank?
-
starlight1968sg:
AIA agentsPlease read carefully!
https://www.aia.com.sg/content/dam/sg/en/photos/campaigns-promotions/aia-smart-g3/aia-smart-g3-brochure.pdf
Impossible to be flexible on the pre requirements as am very tempted and I hv AIA plans? -
jho48109:
Who have tried Maybank's fixed deposit promo w/ a promo interest rate of 2.05% p.a.?
I'm thinking of the AIA offer. But Maybank's offer sounds good too. Hmm... -
Chief
Are u aware of T & C of the AIA promo? -
For me, Insurance is more for covering uneventful accidents, health protection expenses but I aviod all ‘savings’ type of insurance except one or two life insurance. Insurance type of investment hv conditions that’ll lock us in so our money not so liquid when we’re in need of it.
Think for those who are risks averse, FD is safest but returns are not as high as if u’re able to identify other better instruments with better returns. Thankfully for the highltbrisk averse fellows, CPF Special Account offers much higher %tage then Bank interests. But FDs are more liquid than CPF or insurance savings plan. Hard to encash when u're in need.
Investing in properties best only for those who can identify value condos/landed & not for all as some prosperities attracts poor tenancy & there are oversupplies. Unless one hv holding power, freeholds can be very illiquid but good value for some ppl.
Bank interests are probably better in terms of liquidity if not lock in too longterm.
MayBank’s deal is not bad, but the fastest I can switch funds is May, hopefully when my next few funds matures, interest goes up & not down. -
Esteema
Well said!
Am risk adverse and therefore I build FDs or bonds ladder -
starlight1968sg:
i enjoy collecting interest/ coupons across the months in a year , Best will be every month got kopi $ - work to save more and get more kopi $ - Best is Yet to Come , Keep coming............ :rahrah:Esteema
Well said!
Am risk adverse and therefore I build FDs or bonds ladder
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login
