jianhui1982
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min required amount is how much?
Saw icbc is offering 2.1% for one yr tenure , from their app a few of days ago.
*******ck kia always lots of pattern one lah. Sian gao gaoNot a normal FD.
1st quarter year - 1.5%
2nd quarter - 1.7%
3rd quarter - 1.9%
4th quarter - 2.1%
Starting amount = $5K.
*******ck kia always lots of pattern one lah. Sian gao gao
Not a normal FD.
1st quarter year - 1.5%
2nd quarter - 1.7%
3rd quarter - 1.9%
4th quarter - 2.1%
Starting amount = $5K.
That's why I always skip reading their ads. Sheer waste of valuable time & eye power...It's along the same lines as UOB telling us that we can earn up to 3.88% on the One Account lah. Same pattern.
That's why I always skip reading their ads. Sheer waste of valuable time & eye power...
MAS please make a note. Don't just collect your bonuses from the people.yes, UOB is the most tricky, including their credit card promo
MAS please make a note. Don't just collect your bonuses from the people.
Hi all,
I am curious why no one in this thread talks about HSBC step up promotion? I don't do esaver/ maybank but I reckon HSBC step up is a similar product? (or maybe not since the 3-ish rate requires card spend hence not as hassle free). HSBC step up new promotion with card spend gives 3.38% for premier... without card spend is 1.88%, Asking because contemplating moving funds out from UOB one acct for 3.38 (vs my current best 2.436% for One) and wondering if I've missed something crucial about HSBC step up that'd kept the gurus out all this time.
There is separate thread for HSBC step up promo. 3.38% is not correct as debit card bonus is for first $100k only. So with 200k required for premier, effective interest rate is about 2.63%.
Debit card spend is $800 vs no card spending for esaver and maybank isavvy. And quite a number of people don't have 200k. Maybank min is just 20k. Esaver is it 1k ? And there are those who don't want to place more than SDIC cover of 50k.
A lot of things to remember for HSBC. Plus it takes so long to get the interest - 1 to 2 mths later. Esaver will get all interest in last day of mth. Maybank will get base on last day of mth and bonus in about a week.
So HSBC not for those who don't want to track continuously.
Edit : Since you moving out from UOB One, reckon amount is 75k. In that case, comparison would be for HSBC Advance, not HSBC premier. Then effective interest rate is not even 2.63% for you since advance is 1.8% vs premier 1.88%.
Thanks much for your comments and for highlighting interest crediting part takes much longer for HSBC...
For Premier account, there're several ways to qualify and i'm not planning to place 200k with them. If I pump in funds up to 100k (total withdrawal of 75K from One + idling funds in CIMB fastsaver), the 3.38% may prove to be attractive since i'm already chalking up $500 spend with One anyhow.
Need to buy a regular insurance policy with themAia is having some promo of 3% (guaranteed) for 3 years (minimum 10k) Seems like a good catch considering fd interest rates are hovering about 2.1%. Any catch?