Fixed Deposit Promotion

[MrsKiasu]

Coolkidsrock2\" post_id=\"2083888\" time=\"1664382995\" user_id=\"48901:

Think fixed rate facility has been withdrawn and no longer available. Even if there is, the rate is likely be quite high. And to fix for 2 years now, will run the risk of paying the much higher fixed rate as the rates are being reduced.

Apply to all types of loan arh..I better take note

[Liew Nga Wing]

MrsKiasu\" post_id=\"2083899\" time=\"1664409663\" user_id=\"43981:

Apply to all types of loan arh..I better take note

If you are loan free, then no need to worry.

[MrsKiasu]

Yea true… this is the time for those loan free to smile widely.

[Coolkidsrock2]

Borrowing is a tool which can help expand wealth when used constructively.


There are also opportunities even in current environment.

[starlight1968sg]

https://www.straitstimes.com/business/banking/singapore-savings-bonds-for-november-offering-record-high-rates


Anybody buying it?

[Liew Nga Wing]

starlight1968sg\" post_id=\"2084609\" time=\"1664846333\" user_id=\"14025:

https://www.straitstimes.com/business/banking/singapore-savings-bonds-for-november-offering-record-high-rates

Anybody buying it?

I want to but most money has already been locked in the previous SSB. :slapshead:

[MrsKiasu]

UOB One savings tho cannot catch up with FD rate but no lock in. Yesterday checked can get min 2% b4 credit card rebate and min 2.2% assuming get min cc rebate of $50/qtr.

[mummyof3angels]

Citibank 2-month FD at 4.5%! How are they able to offer so much higher than the other banks?


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

[Coolkidsrock2]

It’s a time deposit investment bundle product.

[Zeal mummy]

Liew Nga Wing\" post_id=\"2084745\" time=\"1664887935\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2084745 time=1664887935 user_id=195250]
I want to but most money has already been locked in the previous SSB. :slapshead:[/quote]

Is there a minimum period before you can withdraw from it? Or transfer to the new SBB? Actually the advantage is that you can still get the accrued interest if you withdraw prematurely (I think).