HWZ Forums

Login Register FAQ Mark Forums Read

Lastest S$ Deposit updates - Part 3

Like Tree844Likes
Reply
 
LinkBack Thread Tools
Old 18-09-2018, 10:38 AM   #2281
Arch-Supremacy Member
 
Join Date: Nov 2015
Posts: 17,740
final coupon rate 5%...
will be closing all my FDs soon...
Is it safe?...
qhong61 is offline   Reply With Quote
Old 18-09-2018, 10:46 AM   #2282
Senior Member
 
yongsaver's Avatar
 
Join Date: Jun 2015
Posts: 541
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.
yongsaver is online now   Reply With Quote
Old 18-09-2018, 06:02 PM   #2283
Junior Member
 
kookymonster's Avatar
 
Join Date: Aug 2007
Posts: 73
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?
kookymonster is offline   Reply With Quote
Old 18-09-2018, 07:19 PM   #2284
Senior Member
 
yongsaver's Avatar
 
Join Date: Jun 2015
Posts: 541
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."
yongsaver is online now   Reply With Quote
Old 18-09-2018, 10:40 PM   #2285
Great Supremacy Member
 
Join Date: Sep 2004
Posts: 53,289
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.
saintgtril is offline   Reply With Quote
Old 18-09-2018, 11:09 PM   #2286
Master Member
 
Join Date: Jun 2000
Posts: 4,887
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.
saintgtril likes this.
maumu is online now   Reply With Quote
Old 18-09-2018, 11:57 PM   #2287
Master Member
 
Join Date: Feb 2017
Posts: 2,787
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..
K202020K is offline   Reply With Quote
Old 21-09-2018, 05:51 PM   #2288
Member
 
Join Date: Dec 2010
Posts: 372
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
sesame246 is offline   Reply With Quote
Old 21-09-2018, 06:34 PM   #2289
Master Member
 
Join Date: Feb 2017
Posts: 2,787
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.
K202020K is offline   Reply With Quote
Old 21-09-2018, 06:49 PM   #2290
Master Member
 
Join Date: Feb 2017
Posts: 2,787
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..
K202020K is offline   Reply With Quote
Old 22-09-2018, 06:02 AM   #2291
Senior Member
 
Join Date: Apr 2018
Posts: 1,246
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
tiertime likes this.
demoforce1 is offline   Reply With Quote
Old 22-09-2018, 08:44 AM   #2292
Supremacy Member
 
Join Date: Feb 2013
Posts: 5,901
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.
tmkedmw is offline   Reply With Quote
Old 22-09-2018, 10:36 AM   #2293
Master Member
 
Join Date: Jun 2000
Posts: 4,887
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.
maumu is online now   Reply With Quote
Old 22-09-2018, 11:00 AM   #2294
Supremacy Member
 
Join Date: Feb 2013
Posts: 5,901
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.
tmkedmw is offline   Reply With Quote
Old 22-09-2018, 11:14 AM   #2295
Master Member
 
Join Date: Jun 2000
Posts: 4,887
No different from esaver where u can rotate your funds between 2 accounts.
Esaver typically 2 month cycle whereas hya 3 mth cycle.
esaver is easier because we can have 2 esaver accounts to do that rotation. can we have 2 uob hy accounts to do that? don't think so right.
maumu is online now   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On