Lastest S$ Deposit updates - Part 3

[pratik28]

Hmm.. I alrdy done an application with cimb. Got 30days to put in 20k. Thinking feb then put in then start the 18mth fd

yeah, uob rhb cimb almost same rates in Jan as it was in dec, so lets hope they keep the same for feb as well.

I placed 12m fd with cimb on 1st dec itself, now I am wondering should I cancel the 12m fd and put for 18m, but I will loose the interest for dec/jan by doing so

 

[IcYFl4mEz]

Hmm.. I alrdy done an application with cimb. Got 30days to put in 20k. Thinking feb then put in then start the 18mth fd

I tot you need $ in your acct, then start the FD?
so you mean u can do FD with $0 in acct. and you got 30days to xfer the 20k in to start the FD?

 

[luvpraline]

Hmm.. I alrdy done an application with cimb. Got 30days to put in 20k. Thinking feb then put in then start the 18mth fd

Yeah I'm also wondering.. can lock in the rate now then transfer in later?

 

[maumu]

some say CIMB open account take ages... not sure if still got time to open FD

 

[Hyphos]

Just put in 12K for CIMB 12 mths 4.15% FD yesterday. Sg bond rates seem to be dropping so banks should follow suit soon.

Majority of my cash in UOB one account though, for sweet 5% EIR. Let's see how long this lasts

 

[Jov1623]

some say CIMB open account take ages... not sure if still got time to open FD

Pls go to CIMB , I done mine within 30 mins , the staff opened both saving and fd for me . She even teach me how to download the app.. very friendly and good service.

 

[Cookie Muncher]

RHB 12m @ 4.28% is it the best deal?

 

[Jov1623]

Just put in 12K for CIMB 12 mths 4.15% FD yesterday. Sg bond rates seem to be dropping so banks should follow suit soon.

Majority of my cash in UOB one account though, for sweet 5% EIR. Let's see how long this lasts

Me too, but I just wonder how long can the 5% last .. at least for CIMB , we can lock in for another 18 months w 4.15%

I also worry after Feb.. CIMB will not offer such a good rate for 18 months .. just like they quietly withdraw 24 months promo

 

[Jov1623]

RHB 12m @ 4.28% is it the best deal?

Yes . As of now for 12 months .

 

[maumu]

Pls go to CIMB , I done mine within 30 mins , the staff opened both saving and fd for me . She even teach me how to download the app.. very friendly and good service.

thanks for the tip. CIMB only left one branch at raffles place..?

 

[Jov1623]

thanks for the tip. CIMB only left one branch at raffles place..?

That is the main one . Other branch I m not so sure .

 

[bargin]

Yes . As of now for 12 months .

RHB 12m @ 4.28% is it the best deal?

The promo FD end on 31 Jan 2023 and need to be at RHB Cecil Branch to apply

 

[Cookie Muncher]

The promo FD end on 31 Jan 2023 and need to be at RHB Cecil Branch to apply

can ask RM to place?

 

[EveMuffins]

intending to spread my savings and place the following FD by 31 Jan, can let me know if any flaws?
1) RHB 12 mths@4.28%
2) CIMB 12 mths@4.15%
3) CIMB 18 mths@4.15%
4) OCBC 8 mths@4.08%

All 4 FD will have the same principal sum.

 

[DevilPlate]

intending to spread my savings and place the following FD by 31 Jan, can let me know if any flaws?
1) RHB 12 mths@4.28%
2) CIMB 12 mths@4.15%
3) CIMB 18 mths@4.15%
4) OCBC 8 mths@4.08%

All 4 FD will have the same principal sum.

The only flaw is reinvestment risk.

 

[havetheveryfun]

Pls go to CIMB , I done mine within 30 mins , the staff opened both saving and fd for me . She even teach me how to download the app.. very friendly and good service.

is she pretty

 

[bugeyed]

Can i ask how to be OCBC Premier client, to get the 4.18% FD rate? I transferred $300K to OCBC Bonus Plus (savings account) but still see only 4.08% FD rate. Need to call the bank?

 

[lzydata]

Can i ask how to be OCBC Premier client, to get the 4.18% FD rate? I transferred $300K to OCBC Bonus Plus (savings account) but still see only 4.08% FD rate. Need to call the bank?

Yeah maybe they need to "activate" it on their end

OCBC Premier Banking | OCBC Bank

Maximise your wealth with our expertise. Access investments that are not available to retail investors, and get them tailored for you & Enjoy opportunities to discuss investment trends regularly with OCBC Wealth Panel.

www.ocbc.com

 

[bugeyed]

Yeah maybe they need to "activate" it on their end

OCBC Premier Banking | OCBC Bank

Maximise your wealth with our expertise. Access investments that are not available to retail investors, and get them tailored for you & Enjoy opportunities to discuss investment trends regularly with OCBC Wealth Panel.

www.ocbc.com

Thanks for the link!

 

[limjohnny]

can ask RM to place?

Ask ur RM lo