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    Fixed Deposit Promotion

    Scheduled Pinned Locked Moved Money Matters
    1.2k Posts 124 Posters 377.6k Views 1 Watching
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    • starlight1968sgS Offline
      starlight1968sg
      last edited by

      Liew Nga Wing\" post_id=\"2077712\" time=\"1659955280\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2077712 time=1659955280 user_id=195250]
      Why not buy SSB? We can redeem our money anytime but earning high interest now.[/quote]
      For the past SSB subscription, only 9k was allocated.

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

        starlight1968sg\" post_id=\"2077713\" time=\"1659955939\" user_id=\"14025:

        For the past SSB subscription, only 9k was allocated.
        Because overly subscribe , per pax can only get max $9000.

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        • starlight1968sgS Offline
          starlight1968sg
          last edited by

          MyPillow\" post_id=\"2077719\" time=\"1659957229\" user_id=\"70594:

          Because overly subscribe , per pax can only get max $9000.
          Yes, I wonder if the allocation for the upcoming subscription would be even lesser :roll:

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          • Liew Nga WingL Offline
            Liew Nga Wing
            last edited by

            starlight1968sg\" post_id=\"2077720\" time=\"1659957362\" user_id=\"14025:

            Yes, I wonder if the allocation for the upcoming subscription would be even lesser :roll:
            Can try...as I am going to subscribe again this month.

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            • starlight1968sgS Offline
              starlight1968sg
              last edited by

              Liew Nga Wing\" post_id=\"2077722\" time=\"1659957589\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2077722 time=1659957589 user_id=195250]
              Can try...as I am going to subscribe again this month.[/quote]
              haha... i may be trying this month too 🙂

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              • mummyof3angelsM Offline
                mummyof3angels
                last edited by

                Any concerns with opening FD account in china bank?


                https://i.imgur.com/LZe6Ig6.jpg\">

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                • mummyof3angelsM Offline
                  mummyof3angels
                  last edited by

                  Schootopia\" post_id=\"2077793\" time=\"1660033524\" user_id=\"143961:

                  There is a branch in a mall near my place. Lots of middle-aged and above customers. And the placements are easily 6-digits over the counter. An eye-opener..=)

                  Supposed because of better deals than the local banks?
                  FD rates at Maybank, Standchart and Bank of China are better than the local 3 banks. But not sure if my concerns about placing FD with foreign banks are justified.

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                  • lee_ylL Offline
                    lee_yl
                    last edited by

                    starlight1968sg\" post_id=\"2076597\" time=\"1659056249\" user_id=\"14025:

                    These bonds need min 250k and can only be purchased at the banks?
                    I dont hv much $$ :oops: :
                    You can check Fundsupermart to see if you can buy some of the cooperate bonds at smaller quantities.
                    Many buy Reits.

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                    • Liew Nga WingL Offline
                      Liew Nga Wing
                      last edited by

                      mummyof3angels\" post_id=\"2077842\" time=\"1660098565\" user_id=\"194437:

                      FD rates at Maybank, Standchart and Bank of China are better than the local 3 banks. But not sure if my concerns about placing FD with foreign banks are justified.
                      I have been placing my $100K as FD at Bank of China since Year 2016 and the FD will auto renew upon its maturity. So far so good and every year taking the interest out. What are your concerns? :?

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                      • Coolkidsrock2C Offline
                        Coolkidsrock2
                        last edited by

                        mummyof3angels\" post_id=\"2077842\" time=\"1660098565\" user_id=\"194437:

                        FD rates at Maybank, Standchart and Bank of China are better than the local 3 banks. But not sure if my concerns about placing FD with foreign banks are justified.
                        Is your concern about soundness of the financial institution?

                        You may wish to check if it is a member of SDIC.

                        https://www.sdic.org.sg/sm_list/di_scheme_members

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