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Lastest S$ Deposit updates - Part 1

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Old 10-01-2011, 04:39 PM   #31
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7 year endowment plan is only 2.3% p.a.... sucks...

even CMA bond, is paying 2.15% p.a. for a 3 year term.

and CMA bond can exit anytime based on the current market price, which could be higher or lower than the purchase price.

unlike your endowment plan can only exit at a loss.

CMA bond good choice
I parked some inside
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Old 10-01-2011, 04:42 PM   #32
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for start saver CIMB should be highest interest rate....
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Old 10-01-2011, 09:09 PM   #33
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Guys,

I'm looking for an account with cheque book facility, but most of it charges account and monthly fees. however, for the following 2 bank accounts

Citibank Step Up Interest Account
Standard Chartered SuperSalary Account

If I withdraw all my salary out on the payday, and later I deposit some minor amount lesser than salary into the account again, will the bank charge me service fees? especially citibank?

Or if you have other accounts to recommend, pls assist.

Thanks in advance.
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Old 10-01-2011, 09:21 PM   #34
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Singpost so steady ah! Wah didn't know that. Still got what else?
if u read straits times. there is a list of st index and mid cap stocks. on the list there is a dividend yield. There are many companies giving more than 5%. eg m1, starhub, sun tec, sph, sing post.....

but be careful. share price may not hold. eg during the 2008-09 crisis, singpost drop till $0.70. Your interest can never cover such capital loss.
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Old 10-01-2011, 09:23 PM   #35
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For citibank step up interest account, as long as your salary is credit to this account. There are no min amount to keep.

Answer you question. No service fees as long as ur salary is credit to citibank step up interest account.
On top of it, the CHQ bk is Free flow
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Old 10-01-2011, 09:26 PM   #36
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8746D0E20F42FD4A482578100016A458/$file/NewsRelease_BondsPublicOffering_20110106.pdf?openelement

CapMalls Asia bonds, 1% for 1 year , 2.15% for 3...min sum needed only 2k.

I think the 1 year should be quite ok...application ends 15th Jan, starts on 21st january. Put 10k for a year, interest $100, better then bank give you $10 nia lol
ur link only says how to apply... where toget more info on it?
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Old 10-01-2011, 09:53 PM   #37
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thanks therat.

Then what is this total relationship balance by citibank?
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Old 11-01-2011, 12:21 AM   #38
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Guys,

I'm looking for an account with cheque book facility, but most of it charges account and monthly fees. however, for the following 2 bank accounts

Citibank Step Up Interest Account
Standard Chartered SuperSalary Account

If I withdraw all my salary out on the payday, and later I deposit some minor amount lesser than salary into the account again, will the bank charge me service fees? especially citibank?

Or if you have other accounts to recommend, pls assist.

Thanks in advance.
CIMB's StarSaver is another one.
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Old 11-01-2011, 08:15 AM   #39
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ur link only says how to apply... where toget more info on it?
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Old 11-01-2011, 10:04 AM   #40
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Afaik, citi step up only needs your monthly average balance to be higher than previous month, meaning 1cent also can lol.

Thanks all for info about shares! haha I know the risks involved but not how to find info. We all know must read up on companies blah blah but sometimes you can't even find their yearly reports -.- even if can find also must sieve thru creative acct.

Anyone here favours high dividend yield stocks? Can share experience? :p
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Old 11-01-2011, 10:29 AM   #41
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how does the CMA bond work ah? I'm new in all these stuff and I'm trying to park a bit of my spare cash that I've earned for the past few months.. Anyone can enlighten me? What are the risks involved?
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Old 11-01-2011, 03:12 PM   #42
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CrimsonP wrote:
dun get bluff

fine print there say 0.88 is for jan to march 31 nia.

after that april onwards drop to 0.40 p.a

today i went place fixed deposit with UOB 0.80 pa one
11mth FD~?
may I know how to get this 0.8% PA from UOB? Just bank in fresh $40K and FD for 11mths? But I saw from UOB website only max 0.7*PA

Last edited by josywm; 11-01-2011 at 03:25 PM.. Reason: add in info
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Old 11-01-2011, 03:39 PM   #43
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how does the CMA bond work ah? I'm new in all these stuff and I'm trying to park a bit of my spare cash that I've earned for the past few months.. Anyone can enlighten me? What are the risks involved?
To me it looks like a 3 yr FD provided CMA dun close down...
will like to know the risk involved too...
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Old 11-01-2011, 06:09 PM   #44
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CrimsonP wrote:
dun get bluff

fine print there say 0.88 is for jan to march 31 nia.

after that april onwards drop to 0.40 p.a

today i went place fixed deposit with UOB 0.80 pa one


may I know how to get this 0.8% PA from UOB? Just bank in fresh $40K and FD for 11mths? But I saw from UOB website only max 0.7*PA
link: http://www.uob.com.sg/personal/promo...html?s_cid=740


Last edited by mosmos; 11-01-2011 at 06:26 PM..
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Old 11-01-2011, 11:32 PM   #45
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http://www.todayonline.com/Business/...n-SGX-mid-year

can "buy" aka trade SGS bonds on stock market from June
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