Lastest S$ Deposit updates - Part 3

[Nestsia]

SCB

SCB currently running 1.88% min 25K no cap for 8 months and 2% for 3 months for min 200K along with other promos.

 

[happy_bear]

normally cny promo when come out?

Also waiting for cny promo. So far none. Only maybank started to apply for fortune bundles

 

[mangomilkshake]

SCB currently running 1.88% min 25K no cap for 8 months and 2% for 3 months for min 200K along with other promos.

1.88% is for priority banking accounts.

 

[tiertime]

1.88% is for priority banking accounts.

can sic link?

 

[Nestsia]

1.88% is for priority banking accounts.

Sorry about that yes normal is 1.78%

 

[limchooc]

Aia is having some promo of 3% (guaranteed) for 3 years (minimum 10k) Seems like a good catch considering fd interest rates are hovering about 2.1%. Any catch?

If I understand the adv correctly, you need to purchase other product to enjoy this 3% for 3 yrs endowment plan.

https://www.aia.com.sg/en/campaigns-promotions/aia-smart-g3.html

 

[happy_bear]

Sorry about that yes normal is 1.78%

Is go thru rm? Any deadline for this promo

 

[happy_bear]

http://citibank.com.sg/citigold/banking-privileges/chinesenewyear/index.html

Citigold, 1.88% for 6 mths

 

[GrandJedi]

Maybnak Premier AUM

Is Maybank particular about AUM? Will they kick you you if fall below AUM?

Thanks.

Maybank Prestige Savings new rates:
Oct/Nov: 1.85%, Dec: 2%
http://www.maybankpremierwealth.com/sg/en/solutions/prestige-savings-account.html

How's the experience with Maybank Premier?

Notice that there's no fall below fee, which is a good thing.

If SCB/HSBC cant match this for last Q of 2018, looks like Maybank is the way to go for next 3 months.

 

[Nestsia]

Is go thru rm? Any deadline for this promo

Deadline is 31 Jan! But cause got processing time so recommend at least 1 week prior to 31.

Yeap at branch can do de.

 

[pjs]

SCB currently running 2% for 3 months for min 200K along with other promos.

Where to find this info?

 

[razo2004]

ICBC 1.98% p/a Via e-banking , found out this morning at the outlet.. RMB FD 3.6%!! power ! planning to put RMB FD , any can advice on the risks ?

 

[Panerex]

ICBC 1.98% p/a Via e-banking , found out this morning at the outlet.. RMB FD 3.6%!! power ! planning to put RMB FD , any can advice on the risks ?

ICBC’s is fixed deposit for how long?

 

[pclow59]

RMB FD 3.6%!! power ! planning to put RMB FD , any can advice on the risks ?

The risk is the exchange rate between SGD/RMB, if SGD becomes stronger and RMB weaker then your return will reduce.

 

[pclow59]

ICBC’s is fixed deposit for how long?

1 year

http://www.icbc.com.cn/ICBC/海外分行/新加...PromotionInfo/latestfixeddepositpromotion.htm

 

[razo2004]

The risk is the exchange rate between SGD/RMB, if SGD becomes stronger and RMB weaker then your return will reduce.

Agreed, return will reduce but should be still greater than sgd FD of 1.98%.
Fyi, RMB 3.6% rate have to do it over the counter based on their in house ex rate which was 5.011 yesterday...

 

[Squaredot]

https://www.dbs.com.sg/personal/pro...-deposits-online-account-opening-btnlearnmore

Deposit S$20,000 Fresh Funds and maintain it for a 6-month period (1 March – 31 August 2019) to receive a S$180 Ang Bao

slightly less 1.8%pa

 

[maumu]

ICBC 1.98% p/a Via e-banking , found out this morning at the outlet.. RMB FD 3.6%!! power ! planning to put RMB FD , any can advice on the risks ?

SSB is also 1.98% (-$4 fees to apply/withdraw after 1 year). but complete flexibility...

those already max 100k can apply more from march issue onwards. so the banks need to be more aggressive I think.

 

[mybc1960]

China Taiping Insurance pte ltd


I save-3 years guaranteed 2.38%/annum

minimum 20 k

covered by SDIC

best deal for 3 years?

 

[luckygal]

This seems not bad

China Taiping Insurance pte ltd


I save-3 years guaranteed 2.38%/annum

minimum 20 k

covered by SDIC

best deal for 3 years?