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Old 09-02-2019, 10:50 PM   #2967
xiaonajia
Senior Member
 
Join Date: Mar 2018
Posts: 628
Why go for 12m FD at 1.9% only. Rates are rising. Might as well go for maybank at 2.0% in Feb. Thereafter, surely others will no less than 1.9% for savings account, like SCB.
Icbc is 1.98 percent if u open saving acc and do it online. Saving acc no need min balance.

Actually the reason why rates are rising is due to US Federal reserve raising rates right?

But tiagong with trade war, rates are frozen for now but still going up in the future.

What's the historical norm for us rates if it's not slowing or expanding? Ie the sweet spot rate

Last edited by xiaonajia; 09-02-2019 at 10:52 PM..
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