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    Fixed Deposit Promotion

    Scheduled Pinned Locked Moved Money Matters
    1.2k Posts 124 Posters 386.2k Views 1 Watching
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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.

      1 Reply Last reply Reply Quote 0
      • 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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          • Liew Nga WingL Offline
            Liew Nga Wing
            last edited by

            starlight1968sg\" post_id=\"2077723\" time=\"1659958018\" user_id=\"14025:

            haha... i may be trying this month too ๐Ÿ™‚
            Hi Star,
            I have already subscribed to Sep 2022 SSB, have you tried again?

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            • starlight1968sgS Offline
              starlight1968sg
              last edited by

              Liew Nga Wing\" post_id=\"2078743\" time=\"1660701452\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2078743 time=1660701452 user_id=195250]
              Hi Star,
              I have already subscribed to Sep 2022 SSB, have you tried again?[/quote]
              Hi LNW
              Most likely I will buy the Sep 2022 SSB next wk before the deadline ๐Ÿ™‚

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              • Liew Nga WingL Offline
                Liew Nga Wing
                last edited by

                starlight1968sg\" post_id=\"2078750\" time=\"1660704955\" user_id=\"14025:

                Hi LNW
                Most likely I will buy the Sep 2022 SSB next wk before the deadline ๐Ÿ™‚
                Remember the deadline is on 26 Aug 2022 0900pm.

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                • starlight1968sgS Offline
                  starlight1968sg
                  last edited by

                  Liew Nga Wing\" post_id=\"2079272\" time=\"1661096558\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2079272 time=1661096558 user_id=195250]
                  Remember the deadline is on 26 Aug 2022 0900pm.[/quote]
                  Tks LNW for the reminder. I bought using my SRS.

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                  • Zeal mummyZ Offline
                    Zeal mummy
                    last edited by

                    How much did bonds did you managed to buy? Is there a max quota for SRS?

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                    • starlight1968sgS Offline
                      starlight1968sg
                      last edited by

                      Zeal mummy\" post_id=\"2079724\" time=\"1661423903\" user_id=\"58173:[quote=\"Zeal mummy\" post_id=2079724 time=1661423903 user_id=58173]
                      How much did bonds did you managed to buy? Is there a max quota for SRS?[/quote]
                      Are you asking me?
                      As of now, I dont know how much I would be allocated bec the application hasnt closed.

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                      • Zeal mummyZ Offline
                        Zeal mummy
                        last edited by

                        starlight1968sg\" post_id=\"2079728\" time=\"1661425539\" user_id=\"14025:

                        Are you asking me?
                        As of now, I dont know how much I would be allocated bec the application hasnt closed.
                        I see. Thanks star!

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