Fixed Deposit Promotion
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MrsKiasu\" post_id=\"2055142\" time=\"1641697369\" user_id=\"43981:
Many years ago (maybe during 1990+), FD interest rates were more than 3%.
Star, do you still remember usually the FD deposit rate (for as long as you could remember), got much period could beat the 2.5%. -
starlight1968sg\" post_id=\"2055144\" time=\"1641697663\" user_id=\"14025:
Oh ok..thanks..that's correct then..coz when I Google i saw for a long it is below..
Many years ago (maybe during 1990+), FD interest rates were more than 3%. -
Fixed deposit good rates now
HLf 1.98% , 13 mth
SC 2% for premier cust
UOB 2% , 15 mth
I take HLF first , SC mayb next -
Kind of related to FDs
Singapore Savings Bonds applications for August issue surge by 85%
https://www.businesstimes.com.sg/companies-markets/singapore-savings-bonds-applications-for-august-issue-surge-by-85 -
starlight1968sg\" post_id=\"2076350\" time=\"1658916688\" user_id=\"14025:
SSB returns 3%pa but June core inflation already 4.4%. Better than FD but still can’t beat inflation so purchasing power will be eroded
Kind of related to FDs
Singapore Savings Bonds applications for August issue surge by 85%
https://www.businesstimes.com.sg/companies-markets/singapore-savings-bonds-applications-for-august-issue-surge-by-85 -
SSB returns are better than FD, relatively low risk as well. I would go for it instead of FD.
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lee_yl\" post_id=\"2076361\" time=\"1658921305\" user_id=\"17023:
Yes it’s better rate but there is qty ceiling limited
SSB returns 3%pa but June core inflation already 4.4%. Better than FD but still can’t beat inflation so purchasing power will be eroded
It is over sub now. Per person can get max $9500 only if based on this table ?
https://postimg.cc/7bjzgTYy -
Oh, I didn’t know there’s a quota. Thanks for sharing! I would recommend paying down any loans one may have too, before investing in ssb/FD.
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1 year deposit rate already 2.4%. More efficient to place a lump sum in deposit than to keep applying for multiple traches of SSB.
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I went to look at SORA…wow like 1.7x liao.
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