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maybank isavvy 1.3%-1.5% promo

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Old 13-10-2015, 02:05 PM   #1
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maybank isavvy 1.3%-1.5% promo

http://info.maybank2u.com.sg/promoti...ds-top-up.aspx

Seems like a good deal. I have a dormant isavvy account.

I think I'll transfer from my CIMB fastsaver to this one next month to enjoy the 1.3%.
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Old 13-10-2015, 02:50 PM   #2
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of course it is a much better deal than cimb. it has been around for 1 year already.
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Old 13-10-2015, 03:15 PM   #3
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of course it is a much better deal than cimb. it has been around for 1 year already.
Huh.. I thought started only this month? 1st october 2015?...
did I missed this without knowing?
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Old 13-10-2015, 03:45 PM   #4
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Huh.. I thought started only this month? 1st october 2015?...
did I missed this without knowing?
confirm it has been around. it is modeled after esaver. this month they just increased their interest rates.
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Old 13-10-2015, 03:50 PM   #5
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Huh.. I thought started only this month? 1st october 2015?...
did I missed this without knowing?
1 oct is the start of the new cycle, each cycle is 3 months. for esaver, each cycle is 2 months.
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Old 13-10-2015, 04:24 PM   #6
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reminder-
must hv adb of 20k
if adb for sept is 1k u must maintain 21k from 1 oct to 31 oct
else no bonus interest
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Old 13-10-2015, 06:13 PM   #7
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wow give me 50k, i make 1% for u in a week. 1% just $500 only lolz.

ok give me 2 weeks and i make 1.5% for you.
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Old 13-10-2015, 06:28 PM   #8
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wow give me 50k, i make 1% for u in a week. 1% just $500 only lolz.

ok give me 2 weeks and i make 1.5% for you.
Please confirm. Is a good deal for 1% interest for just a week vs bank offer of 1.3% to 1.5% per year!
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Old 13-10-2015, 10:04 PM   #9
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I didnt aim for that extra one percent hahahaah. Rather stick with ocbc or uob. But i got ipen one isavvy account for pure saving, $100 per month slowly accumulate hahaha

Sent from sent from gagt using GAGT
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Old 13-10-2015, 10:21 PM   #10
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Yah.. I'm kinda cash rich atm, so parking those exceeded 60k from OCBC to whichever gives the higher interest...
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Old 13-10-2015, 11:33 PM   #11
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Yah.. I'm kinda cash rich atm, so parking those exceeded 60k from OCBC to whichever gives the higher interest...
Cash rich isn't necessarily a bad thing but can find ways to make it work instead of stagnant. You are on the right path.
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Old 14-10-2015, 07:05 AM   #12
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if you have more than 60k you should consider uob1 first before moving to isavy
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Old 14-10-2015, 09:38 AM   #13
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Cash rich isn't necessarily a bad thing but can find ways to make it work instead of stagnant. You are on the right path.
Yes. I've recently been reading on the bogleheads investing, and been trying to put money regularly on the ETF. Thanks to the seniors in this forum who keep introducing those. If only I found about this 10 years ago, I'll have more money. But better late than never.

However, I need some cash to set aside for short term needs (for the next 1-2 years or so), so I'm parking those in the most liquid and safer asset class. Currently parking them in the SSB, higher interest saving accounts (like OCBC 360), and some local banks preference shares.
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Old 14-10-2015, 09:40 AM   #14
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if you have more than 60k you should consider uob1 first before moving to isavy
Yes. But I can't spend enough to get those higher interest. So trying to find those higher interest with less hassle.
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Old 14-10-2015, 06:31 PM   #15
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Please confirm. Is a good deal for 1% interest for just a week vs bank offer of 1.3% to 1.5% per year!
i have my credentials in this money section. I find it disgusting to only get $500+ for $50K Fixed-D, entire capital kana lock up 1yr for just $500. $500 can be spent in a blink of an eye. New TV, new chair, or a CNY restaurant makan. Finish.

So if u ask me , i rather u go for higher returns, entailed with some fair bit of risks.

10-20% quite easily do-able. but sorry i cant help u on this
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