Dash PET

[Devilsire]

Received email 2nd year interests revising to 0.7% from Apr22


Sent from Poco F3 using EDMWER app!

 

[pathfinder6]

Received email 2nd year interests revising to 0.7% from Apr22


Sent from Poco F3 using EDMWER app!

Yea same for me, time for look for another vehicle

 

[reddevil0728]

Yea same for me, time for look for another vehicle

need to wait for interest rate to catch up.

 

[pathfinder6]

need to wait for interest rate to catch up.

agree, need products that do not have lock in.. might just leave it as-is for now

 

[reddevil0728]

agree, need products that do not have lock in.. might just leave it as-is for now

can consider SSB. the lock-in is like at most 1 month

 

[pathfinder6]

can consider SSB. the lock-in is like at most 1 month

true the 10y avg rates are slowly creeping up, good as a holding spot

 

[cassowary18]

Shag, but I have already been slowly withdrawing all the money so no big loss for me.

 

[reddevil0728]

Shag, but I have already been slowly withdrawing all the money so no big loss for me.

Actually how is it a loss at all?

 

[cassowary18]

Actually how is it a loss at all?

Opportunity cost from putting it in a higher yielding savings instrument.

 

[reddevil0728]

Opportunity cost from putting it in a higher yielding savings instrument.

right....

 

[ekardo]

0.7% is for first 10k, how about >10k ? the email didnt specify..

 

[cassowary18]

0.7% is for first 10k, how about >10k ? the email didnt specify..

No, it's for all amounts.

 

[kkcheng77]

Surrendered, paid $0.75. Surprised the transfer was immediate. Will be my warchest for Reits buying this year.

 

[ekardo]

where else can park for > 0.7%, fuss free?
I am already on BOC for 1.3% (cap liao) and not keen in the complicated HSBC..

 

[cassowary18]

where else can park for > 0.7%, fuss free?
I am already on BOC for 1.3% (cap liao) and not keen in the complicated HSBC..

CIMB Fastsaver, just need to apply for their Visa Signature credit card. No annual fee, I just apply, activate, then park in my drawer.

 

[ekardo]

CIMB Fastsaver, just need to apply for their Visa Signature credit card. No annual fee, I just apply, activate, then park in my drawer.

1% for only first 10k...and I will lost a change to claim gift from singsaver if I get their credit card...not feasible..

 

[cassowary18]

1% for only first 10k...and I will lost a change to claim gift from singsaver if I get their credit card...not feasible..

Then Singlife?

 

[maumu]

where else can park for > 0.7%, fuss free?
I am already on BOC for 1.3% (cap liao) and not keen in the complicated HSBC..

actually, HSBC - albeit their tnc can be confusing - is quite easy to get at least 1% (everyday+) just by topping up every alternate month and doing 5 x FAST transfers. only issue is, need to alternate with something else... unless you have another HSBC (not same name) account.

try alternating with Singlife/eSaver and at least get 0.5% for the alternating month which is better than nothing (assuming already maxed $10k with Singlife).

 

[ekardo]

Then Singlife?

already on Singlife, dash, dash pet..

actually, HSBC - albeit their tnc can be confusing - is quite easy to get at least 1% (everyday+) just by topping up every alternate month and doing 5 x FAST transfers. only issue is, need to alternate with something else... unless you have another HSBC (not same name) account.

try alternating with Singlife/eSaver and at least get 0.5% for the alternating month which is better than nothing (assuming already maxed $10k with Singlife).

another reason is I still cant open the hsbc account online..and no time to go down to the branch...

 

[alex22]

After redemption, when can take up again? If can close, restart then get the new rate for 1 year again?