- Oct 31, 2008
- Reaction score
Both Mar and July is 1.55% for 3yrs
The important info lacking here is how much bank balance are you planning. And how much is your credit card spendhi all need advice. I suck at finance.
So long story short.
thinking of choosing the best bank account for depositing salary to get the brsf
My new salary will be 96k pa. Deciding between Ocbc 360 and Dbs multiplier.
- I currently use Dbs live fresh cc (mostly)
- I have some GE Insurance (do they qualify for OCBC 360?)
- don’t plan to put savings in bank. Cos putting in posb invest savers (currently have 30k inside, putting 1k a mth, planning to increase. But I just realised there’s a .82% transaction fee which is a lot)
If low bank balance than OCBC 360 and DBS Multiplier is not for you since meeting the various criteria is to get higher rates applied to the bank balance.Not sure yet..I think probably 1k balance, cc spend around 1.5k or lesser
What do you mean by ban balance though? Salary not counted?If low bank balance than OCBC 360 and DBS Multiplier is not for you since meeting the various criteria is to get higher rates applied to the bank balance.
Take a look at POSB Cashback bonus. This is not based on bank balance but transactions.
All 3 products have calculators on their website. Put in the figures and see. Also check that the investments you take up are eligible.
Btw, maybe you should learn to invest on your own instead of using POSB invest.
just sign up in time !Only for Richies who has 50k
I dont even hve a 10th of it!!!!
3yrs is fast and 4.75% 3yrs
Get guaranteed returns higher than Singapore Savings Bonds and Fixed Deposits!www.insurediy.com.sg
My best Fd is 2.05% during covid2020 for 3yrs but w/o min sum- i hve no complaints!!!
thanks, so it is still 0.75% for non preferredFD database updated for August, with chuanz's interface:
CIMB has slightly upped its FD offers 0.05% pa. Now you can get max 0.80% pa for a 24 months FD (preferred banking).