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Lastest S$ Deposit updates - Part 3

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Old 04-04-2018, 07:41 PM   #1441
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OCBC bumped up its fixed deposit offers. Now 1.25% for 12 months and 1.45% pa for 24 months, minimum $20k fresh funds.

https://www.ocbc.com/personal-bankin...e-deposit.html

CIMB now at 1.20% pa for 6 months and 1.40% for 12 months, also minimum $20k.

https://www.cimbbank.com.sg/en/perso...promotion.html

There are higher rates for premier/preferred customers.

Both still lose to the coming May SSB of course.
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Old 04-04-2018, 09:34 PM   #1442
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OCBC bumped up its fixed deposit offers. Now 1.25% for 12 months and 1.45% pa for 24 months, minimum $20k fresh funds.

https://www.ocbc.com/personal-bankin...e-deposit.html

CIMB now at 1.20% pa for 6 months and 1.40% for 12 months, also minimum $20k.

https://www.cimbbank.com.sg/en/perso...promotion.html

There are higher rates for premier/preferred customers.

Both still lose to the coming May SSB of course.
May SSB, got any offers?
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Old 05-04-2018, 02:57 PM   #1443
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has anyone gotten the bonus interest from Maybank yet?
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Old 05-04-2018, 03:45 PM   #1444
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Maybank 1.65 /12 months
Min 50k
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Old 05-04-2018, 04:54 PM   #1445
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http://info.maybank2u.com.sg/promoti...it-bundle.aspx
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Old 05-04-2018, 05:30 PM   #1446
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Maybank 1.65 /12 months
Min 50k
Maybank has additional requirement. It's not straightforward FD.
I don't like

Maybank used to have "attractive" FD rates compared to others. But it has lots of pattern now for FD.

Every S$1,000 deposited into Maybank Current or Savings accounts
(minimum S$5,000)
You can deposit S$10,000 into Maybank Singapore Dollar Time Deposit accounts (minimum S$50,000)
Receive up to
1.65% p.a. on your Maybank Singapore Dollar Time Deposit
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Old 05-04-2018, 05:36 PM   #1447
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What does it mean when banks are starting to offer higher rates than before?
Is it a signal for crisis?
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Old 05-04-2018, 05:37 PM   #1448
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Thanks thanks 😊
what i mean is. For those who place in maybank last month. have they receive their bonus interest today yet? i have place a sum in February and March without touching. i have gotten February's bonus interest on 5th March. but today i haven't receive March's bonus interest yet. i thought so long i don't touch the sum for consecutive 2 months. I'm entitled to 2 months bonus interest credit in month by month? I'm referring to this promo https://singpromos.com/banks-credit-...r-2018-212403/
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Old 05-04-2018, 05:43 PM   #1449
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Maybank has additional requirement. It's not straightforward FD.
I don't like

Maybank used to have "attractive" FD rates compared to others. But it has lots of pattern now for FD.

Every S$1,000 deposited into Maybank Current or Savings accounts
(minimum S$5,000)
You can deposit S$10,000 into Maybank Singapore Dollar Time Deposit accounts (minimum S$50,000)
Receive up to
1.65% p.a. on your Maybank Singapore Dollar Time Deposit
i agree with you. i prefer straight forward ones. I'm also avoiding maybank for such placements. what if i forgot go use the $. hope maybank can go back to more old school placement.
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Old 05-04-2018, 06:08 PM   #1450
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Thanks thanks 😊
what i mean is. For those who place in maybank last month. have they receive their bonus interest today yet? i have place a sum in February and March without touching. i have gotten February's bonus interest on 5th March. but today i haven't receive March's bonus interest yet. i thought so long i don't touch the sum for consecutive 2 months. I'm entitled to 2 months bonus interest credit in month by month? I'm referring to this promo https://singpromos.com/banks-credit-...r-2018-212403/

Isnt the interest for the 1.65%p.a. FD given upfront ? Why wait monthly ?

see point 5 of T&C

http://info.maybank2u.com.sg/pdf/pro...its-bundle.pdf
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Old 05-04-2018, 09:24 PM   #1451
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Isnt the interest for the 1.65%p.a. FD given upfront ? Why wait monthly ?

see point 5 of T&C

http://info.maybank2u.com.sg/pdf/pro...its-bundle.pdf
oh
they are 2 separate promo. i have attached the link for the one I'm referring to. anyway the bonus interest is in now for me. 😊 thanks 🙆*♀️
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Old 05-04-2018, 09:28 PM   #1452
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i agree with you. i prefer straight forward ones. I'm also avoiding maybank for such placements. what if i forgot go use the $. hope maybank can go back to more old school placement.
you can't use those $$$ earmarked for promotional deposit
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Old 05-04-2018, 09:46 PM   #1453
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you can't use those $$$ earmarked for promotional deposit
oh u mean they will set aside and forbid u to touch?
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Old 05-04-2018, 10:01 PM   #1454
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oh u mean they will set aside and forbid u to touch?
go check your account online, you see difference between current & available balance
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Old 05-04-2018, 10:15 PM   #1455
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May SSB, got any offers?
Can check out the discussion here: Singapore Savings Bonds
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