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Lastest S$ Deposit updates - Part 3

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Old 02-03-2019, 08:37 PM   #3046
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Which bank best fixed deposit rate now. 10k like that
For that amount I'll recommend SSB... The banks usually ask for min. 20K for their good rates
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Old 02-03-2019, 10:40 PM   #3047
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For that amount I'll recommend SSB... The banks usually ask for min. 20K for their good rates
Not all. ICBC step up min only $5000.

And it is step up FD meaning can change your mind and withdraw after each quarter. But later quarters interest higher.

http://singapore.icbc.com.cn/ICBC/海外...tpromotion.htm
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Old 03-03-2019, 11:03 PM   #3048
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You did not give the maturity instruction when you placed the FD?


Slip through my mind. Even such, charges as such shouldn't be implemented since fd was hold right up to the date of maturity

No issues with icbc / maybank / SBI

Only this particular mat bank!
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Old 04-03-2019, 10:08 AM   #3049
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They have this overcrowding problem due to "account update" letter.
Went down to the Toa Payoh branch last Saturday for account update. Long queue already form before door open at 9.30 am, mostly middle age and old people. Luckily, don't need to queue for "account update", they have a stuff assign to handle this. Was "invited" to a room to do the update and given a bottle of water. All done within 15 min.
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Old 04-03-2019, 02:30 PM   #3050
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Went down to the Toa Payoh branch last Saturday for account update. Long queue already form before door open at 9.30 am, mostly middle age and old people. Luckily, don't need to queue for "account update", they have a stuff assign to handle this. Was "invited" to a room to do the update and given a bottle of water. All done within 15 min.
Wah. So many affected.
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Old 04-03-2019, 04:31 PM   #3051
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Need to renew my CIMB fd..

Found ICBC internet banking rate of 1.98% pa for 12mths the best now.


Luckily already have a active ICBC acc
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Old 04-03-2019, 10:21 PM   #3052
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Singapore Savings Bond still better for the given rates. Can withdraw in any month with accrued interest (no early redemption penalty).

http://investsingaporebonds.com/wp-c...d-deposits.png
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Old 05-03-2019, 12:41 AM   #3053
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Singapore Savings Bond still better for the given rates. Can withdraw in any month with accrued interest (no early redemption penalty).

http://investsingaporebonds.com/wp-c...d-deposits.png
Thanks for info
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Old 11-03-2019, 12:00 PM   #3054
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CIMB offering 3 months FD at 1.55% p.a.

for ppl who still do not believe in eSaver or iSavvy but prefer FDs

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Old 11-03-2019, 11:41 PM   #3055
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CIMB offering 3 months FD at 1.55% p.a.

for ppl who still do not believe in eSaver or iSavvy but prefer FDs

Ah if 3 mths, SSB rates better I feel can withdraw anytime and higher rate
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Old 13-03-2019, 08:31 AM   #3056
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SSB no pro rate interest if take out within 6 months. Correct?
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Old 13-03-2019, 11:29 AM   #3057
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SSB no pro rate interest if take out within 6 months. Correct?
Incorrect
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Old 13-03-2019, 12:08 PM   #3058
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SSB no pro rate interest if take out within 6 months. Correct?
Read.
http://www.sgs.gov.sg/savingsbonds/A...-interest.aspx
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Old 13-03-2019, 04:20 PM   #3059
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in the end i opted for ICBC 1.98% (online rate) for 12mths since i already have a existing FD there too
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Old 13-03-2019, 06:58 PM   #3060
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SSB no pro rate interest if take out within 6 months. Correct?
have leh..
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