Lastest S$ Deposit updates - Part 3

Sausage

Sausage

High Supremacy Member
Joined
Dec 31, 2000
Messages
37,208
Reaction score
1,442
CIMB announced their 1.98% promo for Mar and Apr.
Can I know how it works?
They say

first 25k: 0.5% pa
next 25k: 1.08% pa
next 25k: 1.58% pa
next 25k: 0.5% pa

So if I have 100k, I won't get 1.98% for all, is that correct? I will get 0.5% for the first 25k, 1.08% for the next 25k, and so on? Or is it calculated as you get 1.98% if you put in 100k?
 
S

sibeiTrolled

Senior Member
Joined
Oct 23, 2012
Messages
1,647
Reaction score
1,322
Sausage said:
So if I have 100k, I won't get 1.98% for all, is that correct? I will get 0.5% for the first 25k, 1.08% for the next 25k, and so on? Or is it calculated as you get 1.98% if you put in 100k?
Click to expand...
Still staggered rates.

AMount%Int
25000​
0.50%​
125​
25000​
1.08%​
270​
25000​
1.58%​
395​
25000​
0.50%​
125​

^ is the base IR calculation
AMount = 100k
Interest sum = 915
EIR = 0.915%

So assuming you MEET ALL requirements as shown on website - https://www.cimb.com.sg/en/personal.../savings-accounts/cimb-fastsaver-account.html

AMount%Int
25000​
2.30%​
575​
25000​
1.38%​
345​
25000​
1.88%​
470​
25000​
0.80%​
200​

^ is the ALL REQUIREMENTS MET IR calculation
AMount = 100k
Interest sum = 1590
EIR = 1.59%
 
P

pratik28

Senior Member
Joined
Jul 9, 2020
Messages
698
Reaction score
320
tehhalia said:
All these cmi rates really depressing.
Click to expand...
ya lah but to each their own ya , the traction varies from person to person right , risk tolerance , capital guranteed , liquidity , risk averse , what age and stage of life , etc.

I am sure der r ppl who r 100% only in capital guranteed instruments and are satisfied with these rates , as long as can sleep well at night haha.

Some want only capital guranteed , some into corporate bonds or funds , some UTs while some into stocks & ETFs , some only DBS , some in SG market while some foreign stocks & forex , crypto bitcoins , etc etc
and not to forget the shiny things , gold / silver hahaha.
 
A

Alwaysb

Senior Member
Joined
Aug 2, 2015
Messages
973
Reaction score
6
banyan8 said:
I found a single‐premium 2Y endowment plan. 1.72% pa seems the highest guaranteed yield currently. I use it to hedge my housing loan. :giggle:

Manulife Goal 2025 (III)
- Capital guaranteed at maturity with a guaranteed yield of 1.72% p.a.
- Total potential yield of up to 1.88% p.a.
- Single Premium from SGD 5,000 to SGD 50,000
- Available in cash or Supplementary Retirement Scheme (SRS)

My RM said you will also get $20 eCapital Voucher from Manulife if referred by me and not an existing Manulife policy holder. Pm me if interested.
Click to expand...
Hi please pm
 
L

lzydata

Supremacy Member
Joined
Oct 16, 2010
Messages
6,560
Reaction score
2,870

Fixed Deposit Promotion​


Deposit Amount5-Month11-Month13-Month
S$20,000 and above1.23%1.20%1.20%

This Fixed Deposit Promotion is available from 13 Jan 2026 till 9 Mar 2026 and is applicable to both new placement and renewal for Individual Accounts only.

Online Fixed Deposit Special​

Deposit Amount5-Month6-Month8-Month11-Month13-Month
S$5,000 to < S$20,0001.20%1.20%1.25%1.20%1.20%
S$20,000 and above1.25%1.25%1.25%1.25%1.25%


To enjoy these rates, FD placements must be made via HLF Digital by 9 Mar 2026. Please note the cut-off time for funding the HLF savings account for the FD placement:-

  • For cheques - by 6 Mar, 2:30pm
  • For PayNow - by 7 Mar, 2:30pm
https://www.hlf.com.sg/personal/promotions/fixed-deposits-promotion-singapore.php

HLF is ending these promotions by 9 Mar tomorrow.
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top