Fixed Deposit has been gradually dropping...

[qhong61]

https://www.bankofchina.com/sg/pbservice/pb1/202212/t20221230_22348761.html

Must buy their insurance plan

 

[dushensiao]

use funds buy reits.

 

[qhong61]

Highest I placed was rhb 2 years at 4.1%

When? 4.1 percent very very good.

 

[ctan84]

I remember 2 year ago, fd is 3.something precent.

Covid was 2020-2022 period. Pls lah, in the 15 years leading up to that, FD averaged 1.5% nia

 

[lanzhu60]

Must buy their insurance plan

err did u read.. without insurance plan, jus salary, save and spend can get at least 4.3-4.6%

 

[s-ghost]

even the best rate at BOC also drop liao, even though sitll highest among all banks

 

[jericho75]

When? 4.1 percent very very good.

2023 jan.

 

[Lchlch]

err did u read.. without insurance plan, jus salary, save and spend can get at least 4.3-4.6%

Oh the catch is must spend.

 

[qhong61]

err did u read.. without insurance plan, jus salary, save and spend can get at least 4.3-4.6%

Ts can try?

 

[qhong61]

2023 jan.

Two yrs ago.
So already matured?

 

[waterlucky]

Chocolate the best! 3.3!

 

[lanzhu60]

Oh the catch is must spend.

500 easily fulfil, smilar to ocbc

 

[jericho75]

Two yrs ago.
So already matured?

ya. now dun have liao.

if u put 400k x 4.1% x 2 years the interest enough for hdb renovation.

 

[Visor9999]

From last year onwards, it has been dropping to a low of 2 5%...
When will it rises?

Have to wait until next US president era, trump wants rates to go down

 

[virtualape]

Put in shopee 2.5%. interest daily paid. Claim some vouchers and let it sit there.

 

[hardwarezoneguy]

Use to hit above 4.0% a while back but now it will be lucky if it maintain above 2.5%...

 

[~sabaisabai~]

Covid was 2020-2022 period. Pls lah, in the 15 years leading up to that, FD averaged 1.5% nia

hanor, it has been 1.5% range
the recent elevated high interest rate is due to covid and to curb the inflation
ppl still thinking of forever high interest rate

 

[~sabaisabai~]

Put in shopee 2.5%. interest daily paid. Claim some vouchers and let it sit there.

SLF gosaver account is also 2.5%

 

[starrynite138]

Thanks for your information,
it is the recent change name finance?
it is at I think at Robinson road?

Errr, since I used them many years back it has been Singapura Finance. Unlike bank not many branches. U go Google check.

 

[Lchlch]

Errr, since I used them many years back it has been Singapura Finance. Unlike bank not many branches. U go Google check.

I think they changed name.