Lastest S$ Deposit updates - Part 1

[aoptionwriter]

Compilation as of 9 November 2015 to share.

Bank Account----------------------------Max EIR %

Bank of China SmartSaver---------------3.55
UOB One Account -----------------------2.43
OCBC 360 --------------------------------2.25
DBS Multiplier Programme ---------------2.08
Standard Chartered Bonus$aver--------1.88
OCBC Bonus+ Savings Account ----------1.18
Maybank iSAVvy Saving Account ---------1.5
CIMB FastSaver Account------------------1

 

[lzydata]

not confusing rah.. i placed 40k last wk for 3-mth at the said rate ~

Ok corrected

 

[Twofield]

Fixed deposit till you ord. In the mean time, save as much as possible while in NS. Some said can save 5000-6000+++ with current high allowance. Mine time was only 240.

thks, was looking for other (lucrative?) alternatives to FD since its hovering around 1.9% right now.. considering DCA for STI ETF..

currently a recruit getting round 480 now

 

[Sambuca78]

Compilation as of 9 November 2015 to share.

Bank Account----------------------------Max EIR %

Bank of China SmartSaver---------------3.55
UOB One Account -----------------------2.43
OCBC 360 --------------------------------2.25
DBS Multiplier Programme ---------------2.08
Standard Chartered Bonus$aver--------1.88
OCBC Bonus+ Savings Account ----------1.18
Maybank iSAVvy Saving Account ---------1.5
CIMB FastSaver Account------------------1

Which one is no frills, dun need salary or minimum $500 spend?

 

[more3cm]

Which one is no frills, dun need salary or minimum $500 spend?

http://info.maybank2u.com.sg/promotion/deposits-banking/fresh-funds-top-up.aspx

 

[aoptionwriter]

Maybank and CIMB, but Maybank must has deposit above 200k.

Which one is no frills, dun need salary or minimum $500 spend?

 

[aoptionwriter]

If tired of the games, the only truly straight forward saving account is CIMB Fastsaver. Basically no specific t&c.

if you are NTUC member, then OCBC has a saving account with 1% for you too.

 

[aoptionwriter]

I stand corrected as the rate has since been revised with t&c attached.

http://www.ocbc.com/personal-banking/plus/deposits.html?utm_source=pluslanding∓utm_medium=Webpage

Can provide link for the NTUC OCBC, thanks?

 

[lcpteck]

Just got it from sms :

<ADV> From now until 30 Nov 2015, enjoy up to 1.80% p.a. in CIMB 12 Mth SGD Fixed Deposit with just S$10,000! Visit http://bit.ly/1LB0CDL or call +6563337777 to find out more. T&Cs apply. Insured up to S$50k by SDIC. To unsub, SMS "UNSUB" to 75889.

Wow, looks good, will take a look.

 

[twinklingstars]

For opening a FD, can we deposit more than one cheque??

 

[hatisinga]

You can deposit more than one cheque. In fact, you can also deposit cheques and cash at the same time into your FD.

 

[twinklingstars]

You can deposit more than one cheque. In fact, you can also deposit cheques and cash at the same time into your FD.

thanks a lot!!!

 

[nasfieldjohn]

maybank say their isavy promo only 1.38 for the promo period after that back to 0.3 normal?

 

[dork32]

maybank say their isavy promo only 1.38 for the promo period after that back to 0.3 normal?

isavy has been extending their promotion for 1 year already. I bet they will extend their promotion.

 

[yongsaver]

Applied online Maybank's isavy account last Thursday using Singpass...need to attach IC front and back as well as a specimen signature. Quite painless as I already have online account with them. Got the account on Monday. Fast transfer money into it almost immediately. Applied their isavy FD 1.6% for 3 months straightaway. Tomorrow doing another round of Fast transfer and FD placement . Not going for longer duration as expecting interest rates to go up next year. i think by far the easiest to set up and highest FD rate for 3 months. period.

 

[Jazzbie]

Applied online Maybank's isavy account last Thursday using Singpass...need to attach IC front and back as well as a specimen signature. Quite painless as I already have online account with them. Got the account on Monday. Fast transfer money into it almost immediately. Applied their isavy FD 1.6% for 3 months straightaway. Tomorrow doing another round of Fast transfer and FD placement . Not going for longer duration as expecting interest rates to go up next year. i think by far the easiest to set up and highest FD rate for 3 months. period.

Yes, immediate FD opening and no crap rules like fresh funds or what. Very good service!

 

[Perisher]

Malaysia banks seen to be very aggressive in getting funds. Good for us peasants.


# : Later someone will post say 1MDB, Najib, robbery, deposit at your own risk!

All banks in SG are guaranteed 50k as long as they are opened here AFAIK.

 

[saintgtril]

Applied online Maybank's isavy account last Thursday using Singpass...need to attach IC front and back as well as a specimen signature. Quite painless as I already have online account with them. Got the account on Monday. Fast transfer money into it almost immediately. Applied their isavy FD 1.6% for 3 months straightaway. Tomorrow doing another round of Fast transfer and FD placement . Not going for longer duration as expecting interest rates to go up next year. i think by far the easiest to set up and highest FD rate for 3 months. period.

You may want to consider dumping your saving (which is currently in your Maybank iSavvy) to the OCBC plus account prior to the first of the next month. I benefit from the folks here, so i return the "good" by sharing what i learn.

I will be doing the same.

 

[DTR2015]

ANZ 8mth @ 1.8%

Got an sms fm bank staff today, say can "apply" for above wor. Sign up by next wk, min 150K.

 

[Isomatrix]

ANZ 1.8% What is the tenors? 8 months still?
I back off when was told that i need to open either one saving or current account with Maybank if i want to enjoy the 3 months time deposit promo. You need to maintain 1000 inside that account to avoid the fell below fees, and at least 6 months for the early closure fees.