Deposits (non FD) to consider to manage concentration risks

[S1mpleGuy]

Thanks. Where is the office?

you can apply online no need to go to the office..

 

[S1mpleGuy]

Yup! However, do take note that RHB is bank saving deposit whilst the rest are insurance link saving product.

RHB is fuss free account. But if you can meet some criteria you can consider hsbc ega promotion with higher interests for 3months

 

[DenOOO]

Do you guys max out Singlife before looking at other alternatives (no criteria needed)?

Next 90k at 1% is pretty decent looking at how banks are cutting rates so aggresively.

 

[F1ngolf2012]

Do you guys max out Singlife before looking at other alternatives (no criteria needed)?

Next 90k at 1% is pretty decent looking at how banks are cutting rates so aggresively.

90k at 1% is a viable option. Is the 1%p.a. fixed or subject to regular changes? You can consider DBS FD at 1.1% (up to $49,999) for 10 months if you don't need the fund.

 

[DenOOO]

90k at 1% is a viable option. Is the 1%p.a. fixed or subject to regular changes? You can consider DBS FD at 1.1% (up to $49,999) for 10 months if you don't need the fund.

Same as the first 10k at 2.5%, both subjected to changes.

I guess the Dash EasyEarn would be better at 2% guaranteed for the 1st policy year and pretty flexible in terms of withdrawal.

Was looking at SIF GoSavers initially but saw that they are cutting rates soon.

 

[F1ngolf2012]

Same as the first 10k at 2.5%, both subjected to changes.

I guess the Dash EasyEarn would be better at 2% guaranteed for the 1st policy year and pretty flexible in terms of withdrawal.

Was looking at SIF GoSavers initially but saw that they are cutting rates soon.

Is Dash Easyearn 2% up to 20k? SiF reduced the rate wef 15 July. Current RHB HYSA Plus rates are the best for no frills, no hoops day2day saving account.

 

[DenOOO]

Is Dash Easyearn 2% up to 20k? SiF reduced the rate wef 15 July. Current RHB HYSA Plus rates are the best for no frills, no hoops day2day saving account.

yup 2%, up to 20k.

HYSA and HYSA Plus are 2 completely different products ?

Can't seem to find HYSA Plus page.

Only able to find the "Revision of Premier Plus Account and High-Yield Savings Account Plus".

https://rhbgroup.com.sg/others/news...s-account-and-high-yield-savings-account-plus

 

[F1ngolf2012]

yup 2%, up to 20k.

HYSA and HYSA Plus are 2 completely different products ?

Can't seem to find HYSA Plus page.

Only able to find the "Revision of Premier Plus Account and High-Yield Savings Account Plus".

https://rhbgroup.com.sg/others/news...s-account-and-high-yield-savings-account-plus

HYSA and HYSA Plus are 2 different products. HYSA Plus has a better rates now. You are already looking at the correct link for HYSA Plus.

 

[demoforce1]

HYSA and HYSA Plus are 2 different products. HYSA Plus has a better rates now. You are already looking at the correct link for HYSA Plus.

can we have joint account (2 names) for HYSA Plus?

 

[Singleton]

have applied yesterday till now still no update if it is approve or not...

going to move my cimb fund to get higher interest.. peasant like me only can play with musical chair, move the peanut funds for higher interest...

Dividends drop, saving interest rate drop

how to get a rich childless old auntie to be her godson n get her inheritance fml

 

[F1ngolf2012]

can we have joint account (2 names) for HYSA Plus?

Good question. I did not see that application via current mobile app provides joint account application. Like most banks, I would think for joint account, it would need to be done at the bank. You may want to call CSO to confirm and share your finding here.

 

[F1ngolf2012]

have applied yesterday till now still no update if it is approve or not...

going to move my cimb fund to get higher interest.. peasant like me only can play with musical chair, move the peanut funds for higher interest...

Dividends drop, saving interest rate drop

how to get a rich childless old auntie to be her godson n get her inheritance fml

Did you use Myinfo or manual completion of information for HYSA Plus application?

 

[DenOOO]

have applied yesterday till now still no update if it is approve or not...

going to move my cimb fund to get higher interest.. peasant like me only can play with musical chair, move the peanut funds for higher interest...

Dividends drop, saving interest rate drop

how to get a rich childless old auntie to be her godson n get her inheritance fml

Only gonna open RHB next week just in case rates change.

Opened CIMB on 1st June immediately get nerfed effective 15th June.

Lucky CIMB no fall-below fee, can just leave it if necessary.

How did you open the HYSA Plus ?

All i see is this page with the table and nothing else.

https://rhbgroup.com.sg/others/news...s-account-and-high-yield-savings-account-plus

*Opened RHB account since there is no fall-below fee.

 

[F1ngolf2012]

RHB has a number of mobile app. Download the RHB Singapore mobile app to open the HYSA Plus account.

RHB Mobile SG
by
RHB BANK BERHAD SG (Singapore)

 

[Dystopia]

RHB has a number of mobile app. Download the RHB Singapore mobile app to open the HYSA Plus account.

RHB Mobile SG
by
RHB BANK BERHAD SG (Singapore)

hope no changes to interest rate......

opening one now..

 

[F1ngolf2012]

hope no changes to interest rate......
opening one now..

Current their interest rate was revised wef 1 July. June rate was higher. We won't know if the rate will be revised further soon. We just need to take it as it comes.

 

[qhong61]

Any return that is too good, just be careful. There is no free lunch in tis world...

 

[direbmem]

BANK / S$ / % p.a.

DBS Multiplier (income+2 cat) -- / 50,000 / 3.5
SingLife --------------------------- / 10,000 / 2.5
BOC SmartSaver (2 conditions) - / 60,000 / 1.95
UOB One (2 conditions) --------- / 75,000 / 1.8
RHB HYSA ------------------------ / 100,000 / 1.375
SIF GoSaver (>160k) ------------ / 108,700 / 1.2
SIF GoSaver ---------------------- / 160,000 / 1.09375


My current funds allocation till 15Jul'20 ...

 

[yobyella]

BANK / S$ / % p.a.

DBS (income+2 cat) / 50,000.00 / 3.5
SingLife / 10,000 / 2.5
BOC (2 conditions) / 60,000 / 1.95
UOB (2 conditions) / 75,000 / 1.8
RHB / 100,000 / 1.375
SIF (>160k) / 108,700 / 1.2
SIF / 160,000 / 1.09375


My current funds allocation till 15Jul'20 ...

Your above is history leow. Check with most financial institutions. Most giving below 1% for FD now.

 

[direbmem]

Your above is history leow. Check with most financial institutions. Most giving below 1% for FD now.

The above is not for FD...