Fixed Deposit has been gradually dropping...

kuti-kuti

Great Supremacy Member
Joined
Sep 28, 2018
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Hope it'll start climbing up again next year in time for my FD renewal
 

hachi

High Supremacy Member
Joined
Nov 15, 2000
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Easy open high interests salary credit account with 2 banks.
Then salary went in one account, you just transfer money to the other and cite salary...
Now you got 1 and need to spend on debit or cc.

Then spend money on youtrip, and retransfer back, just stack the requirements for higher interests... Of course only for those with a certain amount of fund then can better benefit.

I try out this month, may alight tune to see how high the interests can go. Should be more than 2% or near 3%
 

mcylo

Arch-Supremacy Member
Joined
May 3, 2000
Messages
22,104
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7,820
Easy open high interests salary credit account with 2 banks.
Then salary went in one account, you just transfer money to the other and cite salary...
Now you got 1 and need to spend on debit or cc.

Then spend money on youtrip, and retransfer back, just stack the requirements for higher interests... Of course only for those with a certain amount of fund then can better benefit.

I try out this month, may alight tune to see how high the interests can go. Should be more than 2% or near 3%
oic....i.am.using uob one....interest per month$ 400 plus
 

Lchlch

Honorary Member
Joined
Jul 8, 2021
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It’s not possible for interest to go up now as private property owners want low interest rates to finance their loans
If finance for banking loan taje up rate up, will it pushes fd rates up too?
 

leonaheidern

Arch-Supremacy Member
Joined
Mar 29, 2001
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yes bro me sama sama
redface.gif

I oso lock in all my retirement fund in SSB. way better interest than fd.
FD not so long term compared to 10yr ssb.

too bad i didn't lock 45k more into ssb during the nice rate of 3.* and higher 2.*

was saving some for srs top up actually

20-20 should have all in cash


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