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Deposits (non FD) to consider to manage concentration risks

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Old 06-07-2020, 03:49 PM   #31
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10k singlife 2.5%
20k dash easyearn 2%
20k elastiq 1.8%
Elastiq one yr only?
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Old 06-07-2020, 03:55 PM   #32
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10k singlife 2.5%
20k dash easyearn 2%
20k elastiq 1.8%
If bank/finance company day2day deposit, then either SiF or RHB.

SiF Go-Saver Rates
First $10,000 1.00%
Next $50,000 1.05%
Next $50,000 1.10%
Next $50,000 1.15%
Above $160,000 1.20%
http://www.sif.com.sg/go-saver.php

RHB HYSA Plus Rates
First $50,000 1.05%
Next $25,000 1.55%
Next $25,000 1.85%
Above $100,000 0.60%
https://rhbgroup.com.sg/others/news-...s-account-plus

Application via mobile app. Transfer via FAST. Transfer our daily limit $50k.
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Old 06-07-2020, 03:57 PM   #33
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Elastiq one yr only?
Current 1.8%p.a. fixed for 3 year.
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Old 06-07-2020, 06:31 PM   #34
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Current 1.8%p.a. fixed for 3 year.
Any one year only?
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Old 06-07-2020, 06:44 PM   #35
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Any one year only?
You can withdraw after 90days so it is considered 1 year too
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Old 06-07-2020, 07:36 PM   #36
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SIF Go Saver drop already



https://www.sif.com.sg/go-saver.php
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Old 06-07-2020, 07:51 PM   #37
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SIF Go Saver drop already



https://www.sif.com.sg/go-saver.php
Aside from the tiered interest rates, I believe they realise the booboo on not putting a limit on the amount for the 1.2% interest above $160k for current rates.
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Old 06-07-2020, 08:33 PM   #38
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You can withdraw after 90days so it is considered 1 year too
Thanks. Where is the office?
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Old 07-07-2020, 12:06 AM   #39
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10k singlife 2.5%
20k dash easyearn 2%
20k elastiq 1.8%



So after the above 3, the next best % shall be from RHB i guess?



https://rhbgroup.com.sg/others/news-...s-account-plus
High-Yield Savings Account Plus (EIR@1.375% up to 100k)
Deposit Balance Amount Interest Rates p.a. (wef 1 July 2020)
First $50,000 1.05%
Next $25,000 1.55%
Next $25,000 1.85%
Above $100,000 0.60%
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Old 07-07-2020, 12:40 AM   #40
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10k singlife 2.5%
20k dash easyearn 2%
20k elastiq 1.8%



So after the above 3, the next best % shall be from RHB i guess?



https://rhbgroup.com.sg/others/news-...s-account-plus
High-Yield Savings Account Plus (EIR@1.375% up to 100k)
Deposit Balance Amount Interest Rates p.a. (wef 1 July 2020)
First $50,000 1.05%
Next $25,000 1.55%
Next $25,000 1.85%
Above $100,000 0.60%
Yup! However, do take note that RHB is bank saving deposit whilst the rest are insurance link saving product.
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Old 07-07-2020, 10:29 AM   #41
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Thanks. Where is the office?
you can apply online no need to go to the office..
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Old 07-07-2020, 10:35 AM   #42
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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
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Old 07-07-2020, 02:56 PM   #43
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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.
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Old 07-07-2020, 06:31 PM   #44
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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.
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Old 07-07-2020, 06:53 PM   #45
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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.
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