Fixed Deposit Promotion

[starlight1968sg]

MP

Yes, something like that and this reduces the overall yield

[tsh0202]

Hi,

Any good recommedations for FD lately?

[tsh0202]

Hi,

Any good recommedations for FD lately?

[FantasyLandDreams]

tsh0202:

Hi,

Any good recommedations for FD lately?

Just received SMS from Maybank as per below.

<ADV> Earn up to 1.40% p.a. on Maybank 12-month SGD Time Deposit! For every S$1K deposited into selected Savings Accounts (min S$5K), you can place S$10K into SGD Time Deposit (min S$50K). Visit any Maybank branch now! Insured up to S$50K by SDIC.T&Cs@ maybank.sg/sgdtd

[tsh0202]

Is FD or endowment better?

[starlight1968sg]

tsh0202:

Is FD or endowment better?

FD is usually shorter duration eg a few mths to a year and has no insurance coverage. FD is fr banks
endowment is usually in terms of years and gives min insurance coverage. Endowment is fr insurers
Which one is better depends on the buyer

[tsh0202]

If i’m Saving for my kids’ education , is endowment better?

[starlight1968sg]

tsh0202:

If i’m Saving for my kids’ education , is endowment better?

You can else buy Spore Savings Bonds

[starlight1968sg]

tsh0202:

Hi,

Any good recommedations for FD lately?

Nothing to cheer about

[tsh0202]

Where can I buy？Apply through the banks?