Fixed Deposit Promotion
-
-
starlight1968sg\" post_id=\"2084609\" time=\"1664846333\" user_id=\"14025:
I want to but most money has already been locked in the previous SSB. :slapshead:
https://www.straitstimes.com/business/banking/singapore-savings-bonds-for-november-offering-record-high-rates
Anybody buying it? -
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.
-
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\")
https://i.imgur.com/WodvKnJ.jpg\">
-
It’s a time deposit investment bundle product.
-
Liew Nga Wing\" post_id=\"2084745\" time=\"1664887935\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2084745 time=1664887935 user_id=195250]
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).
I want to but most money has already been locked in the previous SSB. :slapshead:[/quote] -
mummyof3angels\" post_id=\"2084955\" time=\"1665031498\" user_id=\"194437:
It’s a structured investment product. Some of these can go up to above 5%.
Citibank 2-month FD at 4.5%! How are they able to offer so much higher than the other banks? -
Zeal mummy\" post_id=\"2085102\" time=\"1665159416\" user_id=\"58173:[quote=\"Zeal mummy\" post_id=2085102 time=1665159416 user_id=58173]
It takes at least one (1) month to redeem of SSB back to cash and then can apply for the new SSB. The problem is after I redeem my previous SSB, the interest rate for the new SSB may fall.
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).[/quote] -
Liew Nga Wing\" post_id=\"2085107\" time=\"1665163044\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2085107 time=1665163044 user_id=195250]
I see. You may be right. Keen to see how much will be allocated this time round!
It takes at least one (1) month to redeem of SSB back to cash and then can apply for the new SSB. The problem is after I redeem my previous SSB, the interest rate for the new SSB may fall.[/quote] -
Liew Nga Wing\" post_id=\"2085107\" time=\"1665163044\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2085107 time=1665163044 user_id=195250]
yah , thats the downside ,
It takes at least one (1) month to redeem of SSB back to cash and then can apply for the new SSB. The problem is after I redeem my previous SSB, the interest rate for the new SSB may fall.[/quote]
then after sold, depends on luck again how much we get , new efforts for non guarantee $50K allotment.
But I sold off a $ 5k bond, too little .
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login