Fixed Deposit Promotion

[lee_yl]

ngl2010\" post_id=\"1964402\" time=\"1582297393\" user_id=\"40978:

2.08% p.a 3 years by China Taiping. Anything better?

China Taiping? :nailbite: Think better not...

[lee_yl]

lee_yl\" post_id=\"1964375\" time=\"1582284717\" user_id=\"17023:

Economy jialak liao? Yesterday I received a call from Maybank. Very upset that the bank decided to unilaterally and prematurely terminate my 5yr structural plan with them. Though I earned interest for the past 3yrs, I will not be able to receive the anticipated 4th and 5th yr higher interest (due to a stepped up clause).

Year 1: 2.08% (interest collected)
Year 2: 2.18% (interest collected)
Year3 : 2.28% (interest collected)
Year 4: 2.38% (plan terminated)
Year 5: 2.58% (plan terminated)

Took out my money today. Maybank staff asked if I am keen to join their newly launched Structural deposits.
:dowan:

[ngl2010]

Starlight and lee_yl, ya don’t know whether safe or not…

[mondecoinmetier]

I also looking for good FD this year. Have always been with Maybank for FD coz their FD is the highest compared to other banks. This year looks like they not :(. Was looking at NTUC Capital Plus 3 Year Plan. Shocked! China Taiping! Is it safe? Now I must reconsider about putting my money with NTUC Capital Plus. So disappointed. Don't know where to head to for FD this year. Headache!

[zakashi]

starlight1968sg\" post_id=\"1964443\" time=\"1582349028\" user_id=\"14025:

ngl2010\" post_id=\"1964402\" time=\"1582297393\" user_id=\"40978:[quote=ngl2010 post_id=1964402 time=1582297393 user_id=40978]2.08% p.a 3 years by China Taiping. Anything better?

Am tempted but is this company safe?

Singlife offers 2.25%pa for a similar plan.



Starlight, can you briefly describe Singlife offer. Thanks.

[starlight1968sg]

zakashi

https://singlife.com/grow/endowment/

PS: I dont work in fnancial industries and have limited knowledge

[MyPillow]

lee_yl\" post_id=\"1964451\" time=\"1582352103\" user_id=\"17023:

lee_yl\" post_id=\"1964375\" time=\"1582284717\" user_id=\"17023:

Economy jialak liao? Yesterday I received a call from Maybank. Very upset that the bank decided to unilaterally and prematurely terminate my 5yr structural plan with them. Though I earned interest for the past 3yrs, I will not be able to receive the anticipated 4th and 5th yr higher interest (due to a stepped up clause).

Year 1: 2.08% (interest collected)
Year 2: 2.18% (interest collected)
Year3 : 2.28% (interest collected)
Year 4: 2.38% (plan terminated)
Year 5: 2.58% (plan terminated)

Took out my money today. Maybank staff asked if I am keen to join their newly launched Structural deposits.
:dowan:

me too , i just throw back into Maybank FD, put online a bit higher...i think this yr v diff for int to go up ,,,
but it also means mortgage will stay or go lower

i only buy Sgsavings bond for more than 1 yr. Prefer less than 3 yrs saving plans - any?

[lee_yl]

MyPillow\" post_id=\"1964807\" time=\"1582610773\" user_id=\"70594:

lee_yl\" post_id=\"1964451\" time=\"1582352103\" user_id=\"17023:

[quote=lee_yl post_id=1964375 time=1582284717 user_id=17023]Economy jialak liao? Yesterday I received a call from Maybank. Very upset that the bank decided to unilaterally and prematurely terminate my 5yr structural plan with them. Though I earned interest for the past 3yrs, I will not be able to receive the anticipated 4th and 5th yr higher interest (due to a stepped up clause).

Year 1: 2.08% (interest collected)
Year 2: 2.18% (interest collected)
Year3 : 2.28% (interest collected)
Year 4: 2.38% (plan terminated)
Year 5: 2.58% (plan terminated)

Took out my money today. Maybank staff asked if I am keen to join their newly launched Structural deposits.
:dowan:

me too , i just throw back into Maybank FD, put online a bit higher...i think this yr v diff for int to go up ,,,
but it also means mortgage will stay or go lower

i only buy Sgsavings bond for more than 1 yr. Prefer less than 3 yrs saving plans - any?[/quote]Time flies! I think we PMed each other 3yrs ago then because we were both happy to receive some extra cash vouchers from Maybank back then?

Very bad hor, this Maybank. Supposed to collect more in yr 4 and yr 5. I bet it has something to do with the coronavirus and the economy gonna take a dip soon.

Ya lor, DH said bank auto offer home mortgage to reduce interest rate by 0.6% pa.

We are still thinking, whether the money should go back FD (Singlife 2.25%pa or partially redeem home mortgage at 1.8%).

[lee_yl]

starlight1968sg\" post_id=\"1964805\" time=\"1582606337\" user_id=\"14025:

zakashi
https://singlife.com/grow/endowment/

PS: I dont work in fnancial industries and have limited knowledge

Not sure if it’s the highest but sounds reasonable.

Maybe we can ask our respective insurance agent to recommend something similar

[MyPillow]

lee_yl\" post_id=\"1965084\" time=\"1582725950\" user_id=\"17023:

MyPillow\" post_id=\"1964807\" time=\"1582610773\" user_id=\"70594:

[quote=lee_yl post_id=1964451 time=1582352103 user_id=17023]

Took out my money today. Maybank staff asked if I am keen to join their newly launched Structural deposits.
:dowan:

me too , i just throw back into Maybank FD, put online a bit higher...i think this yr v diff for int to go up ,,,
but it also means mortgage will stay or go lower

i only buy Sgsavings bond for more than 1 yr. Prefer less than 3 yrs saving plans - any?

Time flies! I think we PMed each other 3yrs ago then because we were both happy to receive some extra cash vouchers from Maybank back then?

Very bad hor, this Maybank. Supposed to collect more in yr 4 and yr 5. I bet it has something to do with the coronavirus and the economy gonna take a dip soon.

Ya lor, DH said bank auto offer home mortgage to reduce interest rate by 0.6% pa.

We are still thinking, whether the money should go back FD (Singlife 2.25%pa or partially redeem home mortgage at 1.8%).[/quote]the new Struct dep no good too - depends on US Sing exchg rate
i din hear of Singlife before. can check out