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Lastest S$ Deposit updates - Part 3

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Old 18-09-2018, 10:09 AM   #2281
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bro. dont say bo jio.

HSBC perp (SGD) closing today

5.125% area...i think will be around 4.85% final.
final coupon rate 5%...
will be closing all my FDs soon...
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Old 18-09-2018, 10:38 AM   #2282
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final coupon rate 5%...
will be closing all my FDs soon...
Is it safe?...
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Old 18-09-2018, 10:46 AM   #2283
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Is it safe?...
nope.
safest is to put it underneath your mattress...
just kidding bro.

the series closed yesterday...just updating the results nia.

cheers.
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Old 18-09-2018, 06:02 PM   #2284
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just sign the AI form with any financial institution or trading platform. do note u may be required to furnish evidence of assets...

for me...i bought a wholesale bond from Phillip and was given a AI form to sign by the bond desk people.

I also declare as AI with fundsupermart as I want to access their BONDEXPRESS..

https://secure.fundsupermart.com/fsm...ining-fsm-plus
Wah bro, the official requirement to be accredited investor is very high.. 2 million in assets or 300k in annual income. Any idea if they are strict on the requirements? Or can I just self declare and they can consider me as accredited investor?
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Old 18-09-2018, 07:19 PM   #2285
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Wah bro, the official requirement to be accredited investor is very high.. 2 million in assets or 300k in annual income. Any idea if they are strict on the requirements? Or can I just self declare and they can consider me as accredited investor?
i declared with 2 companies. one require doc proof after i declared and before i can buy. the other i buy first then ask me to sign later.
so the simple answer to your question is "I really dont know."
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Old 18-09-2018, 10:40 PM   #2286
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CIMB Why Wait Fixed Deposit-i Promotion - 1.84% (online)

Hi all,

I have an existing CIMB account (e.g. ABC) - active account that i use now and then.

I like to apply CIMB Why Wait Fixed Deposit-i Promotion. Can i still use account ABC actively after the FD application? Or i cannot use account ABC unless this FD matures 12 months later? *confused*

Thanks in advance.
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Old 18-09-2018, 11:09 PM   #2287
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Hi all,

I have an existing CIMB account (e.g. ABC) - active account that i use now and then.

I like to apply CIMB Why Wait Fixed Deposit-i Promotion. Can i still use account ABC actively after the FD application? Or i cannot use account ABC unless this FD matures 12 months later? *confused*

Thanks in advance.
you can continue to use account ABC. the FD account is a different one. not related.
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Old 18-09-2018, 11:57 PM   #2288
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UOB HY 1.63%pa > SCB 1.6%pa. Any bank saving rate is higher than HY?
Please provide more details .... I believe that UOB Bank is never generous in their offers, and your statement is deliberately misleading or is fake news..
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Old 21-09-2018, 05:51 PM   #2289
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Please provide more details .... I believe that UOB Bank is never generous in their offers, and your statement is deliberately misleading or is fake news..
just googled.. its true...

https://www.uob.com.sg/privilegebank...pva_promo.html
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Old 21-09-2018, 06:34 PM   #2290
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just googled.. its true...

https://www.uob.com.sg/privilegebank...pva_promo.html
Applicable to incremental fresh funds balance of $350k lah .... please read the details & small print footnotes.
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Old 21-09-2018, 06:49 PM   #2291
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Applicable to incremental fresh funds balance of $350k lah .... please read the details & small print footnotes.
Didn't even specify the promo rate's tenure .... maybe for one month only. The offer also very fishy .... like hiding certain key parameters. Don't wish to be tricked by complicated terms and conditions..

Last edited by K202020K; 21-09-2018 at 07:04 PM..
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Old 22-09-2018, 06:02 AM   #2292
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Didn't even specify the promo rate's tenure .... maybe for one month only. The offer also very fishy .... like hiding certain key parameters. Don't wish to be tricked by complicated terms and conditions..
yup agree, UOB very tricky, try to stay away from them whenever possible
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Old 22-09-2018, 08:44 AM   #2293
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UOB privilege high yield account had been around for at least 2 years with the same tnc. Bonus interest is for rolling 3 months once u sign up at the branch. U are free to add or withdraw but have to maintain the min to earn bonus interest. Min $350k for new acct, $200k for existing acct.
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Old 22-09-2018, 10:36 AM   #2294
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UOB privilege high yield account had been around for at least 2 years with the same tnc. Bonus interest is for rolling 3 months once u sign up at the branch. U are free to add or withdraw but have to maintain the min to earn bonus interest. Min $350k for new acct, $200k for existing acct.
what I don't get is their definition of 'fresh funds'. so if we put $200k (existing account), after 3 months it'll no longer be fresh funds, right? so the interest rate will revert to normal rate? then it's putting all your eggs in one basket just good for 3 months, then u need to move out to other banks again. quite waste time.
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Old 22-09-2018, 11:00 AM   #2295
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No different from esaver where u can rotate your funds between 2 accounts.
Esaver typically 2 month cycle whereas hya 3 mth cycle.

what I don't get is their definition of 'fresh funds'. so if we put $200k (existing account), after 3 months it'll no longer be fresh funds, right? so the interest rate will revert to normal rate? then it's putting all your eggs in one basket just good for 3 months, then u need to move out to other banks again. quite waste time.
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