How many tokens you have ?

[Singleton]

I got the peasant mindset... whichever bank that offer high interest...then i try to put some money in it... till to date i got DBS, OCBC, Maybank, CIMB and one key token. Total: 5

Actually i got standard chartered esaver account but I have closed it..their token is like an card size

 

[Singleton]

nobody support...

 

[doody_]

You can probably register the same token serial to your accounts.

 

[Perisher]

TS, this is not EDMW, post here doesn't have the same speed of replies...
Anyway, is it beneficial to have so many accounts?

If you just want higher interest and capital guaranteed without losing too much liquidity, try SGS SSB. Can withdraw $$ every month and earn 2.78%p.a. average interest if you held for 10 years for the last issue. The interest pays out every 6 month.

http://www.sgs.gov.sg/savingsbonds.aspx

 

[Singleton]

You can probably register the same token serial to your accounts.

Is it? I have no idea...

 

[bibu00]

Perisher, ssb is no longer 2.78%. November bond is closed. Pls keep yourself updated.
I don't agree to put all cash in ssb. It's good to keep some liquid funds that can be instantly withdrawn in savings account. How many account you want us up to your own management ability and needs.

E.g. If one day your loved one for some reason need to post bail, you going to tell mata shushu "sorry my money in ssb can you wait for me to liquefy? Otang you first?"

For me I only hold ocbc and posb. Ocbc 360 for salary crediting, bills payment. Posb for wide network of ATM, applying IPO, ssb.
Last time when I student I also have uob/ocbc. Because my school have this super ulu uob ATM that nobody use. So I go press there loh.
Also have scb now, for trading purposes.

 

[Perisher]

Perisher, ssb is no longer 2.78%. November bond is closed. Pls keep yourself updated.
I don't agree to put all cash in ssb. It's good to keep some liquid funds that can be instantly withdrawn in savings account. How many account you want us up to your own management ability and needs.

E.g. If one day your loved one for some reason need to post bail, you going to tell mata shushu "sorry my money in ssb can you wait for me to liquefy? Otang you first?"

I say last issue leh. I know it's not 2.78% liao but the latest one not out.

Also, I lay out the caveat already?
If you just want higher interest and capital guaranteed without losing too much liquidity, try SGS SSB.

I also never recommend putting everything in... Just not open so many accounts...

 

[wts2013]

I got the peasant mindset... whichever bank that offer high interest...then i try to put some money in it... till to date i got DBS, OCBC, Maybank, CIMB and one key token. Total: 5

Actually i got standard chartered esaver account but I have closed it..their token is like an card size

hahaha, u got thread title which dun attract interest lor, hahaha,

I just came back, open, then need to read your post then I know what u asking lor, hahaha

u are not the only one lor, many people here also open a/cs when see attractive interest rates, then every beginning of mth see interest credited, jin happy lor, hahaha

one token for each bank lor, but lucky seldom need to use lor, all 3 local banks n scb for me, hahaha,

 

[Mecisteus]

Actually i got standard chartered esaver account but I have closed it..their token is like an card size

wow you decide which banks to open on the merits of its token card?

 

[19degC]

I got 3 local and 3 qfb

But most of them got zero inside

 

[MrSinkie95]

i only got 3

 

[Limexx]

DBS offer high interest meh?

Sent from Sony C6833 using GAGT

 

[henrylbh]

I got the peasant mindset... whichever bank that offer high interest...then i try to put some money in it... till to date i got DBS, OCBC, Maybank, CIMB and one key token. Total: 5

Actually i got standard chartered esaver account but I have closed it..their token is like an card size

But I am more towards token in the form of credit card. Very convenient for transactions instead of carrying 5 tokens wherever I go.

 

[henrylbh]

Perisher, ssb is no longer 2.78%. November bond is closed. Pls keep yourself updated.
I don't agree to put all cash in ssb. It's good to keep some liquid funds that can be instantly withdrawn in savings account. How many account you want us up to your own management ability and needs.

E.g. If one day your loved one for some reason need to post bail, you going to tell mata shushu "sorry my money in ssb can you wait for me to liquefy? Otang you first?"

For me I only hold ocbc and posb. Ocbc 360 for salary crediting, bills payment. Posb for wide network of ATM, applying IPO, ssb.
Last time when I student I also have uob/ocbc. Because my school have this super ulu uob ATM that nobody use. So I go press there loh.
Also have scb now, for trading purposes.

Your post set me thinking. What the hell. Believe it or not - 13 accounts?

I have 3 posb accounts - one for normal use, one for giro and etc and one joint with x.

I also have 5 cimb accounts - one for normal use, one joint with x, one joint with y and one joint with z, and 1 in FD.

I also have 3 ocbc accounts - one for normal use and one in trust and 1 corporate account with y.

In addition I have an esaver with scb, after closing xtrasaver!

Also got cimb in Malaysia.

Don't imagine what I have in them. Almost forgot that I still have loan account. That makes 14 accounts

 

[wts2013]

DBS offer high interest meh?

Sent from Sony C6833 using GAGT

3.96% but u missed the boat liao, now waiting for it to mature in jan 2016, hahaha

 

[chiokcc]

Spread over a few bank accts as SDIC only protect up to SGD50k.

With iBanking and FAST, easy to move money around, multiple accts not really a major issue.

 

[Perisher]

Spread over a few bank accts as SDIC only protect up to SGD50k.

With iBanking and FAST, easy to move money around, multiple accts not really a major issue.

Which is why I suggest SGS SSB for parking $$, higher interest, all protected by government, one account, every month liquidity etc...
Use that as a savings account and add on a daily current account and that's about it.

 

[mcylo]

Bank interest does not attract me....rather put my money on reits.

But thats just me