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Old 11-09-2018, 10:10 PM   #2230
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Join Date: Dec 2004
Posts: 3,096
I'm planning to split my FD funds in half and place to 2 banks, as the depo insurance is only $50K per customer per bank. Shortlisted CIMB as their rate not only attractive, but also fully online and no strings attached like fall below fee, minimum spend etc.

Any recommendation for another bank to look at? I prefer to just rollover my FD instead of transferring to another bank when FD matures. So those with record of competitive rates is preferred.
Dump into SSB saving the trouble of renewing for 10 year. If year to come got higher rate then draw out the funds.
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