MARI invest

[bruiser69]

U go read properly lah. Fastsaver standardized to 3.2% for the 3 months liao lah. THere's no hoops to jump thru.

Nope. You go and read properly first

The above is for incremental fresh funds ie Earn flat 3.20%** p.a. interest rate on incremental fresh funds# till 31 March 2025.

The prevailing rates are as what I mentioned above if you don't want to jump through hoops. Go look it up.

 

[Mr.Canberra]

Move to where sia

To be honest I am still looking around. Anything above 3% p.a. now involves some gimmicks and only short term for 1-3 months. A waste of time.

Will till the 28 Jan FOMC meeting is over and see what is on offer.

If want higher yields than 3.5% p.a. it's either choose riskier products or convert SGD to USD to get 4% p.a. and above for FDs.

 

[ctan84]

Nope. You go and read properly first

The above is for incremental fresh funds ie Earn flat 3.20%** p.a. interest rate on incremental fresh funds# till 31 March 2025.

The prevailing rates are as what I mentioned above if you don't want to jump through hoops. Go look it up.

YAH, this account works in the same way as E-saver and Maybank Isavvy what. So the reference month is Dec. For those who are new to CIMB, the full sum will earn the 3.2% since Dec reference month value is 0.

 

[wutawa]

YAH, this account works in the same way as E-saver and Maybank Isavvy what. So the reference month is Dec. For those who are new to CIMB, the full sum will earn the 3.2% since Dec reference month value is 0.

cimb much clearer with reference day (i.e. 31 dec 2024) instead of mth.
the downside is the last day of the promo must maintain the $5k increment to prevent exploits on follow thru bonus.

 

[peppermint7]

cimb much clearer with reference day (i.e. 31 dec 2024) instead of mth.
the downside is the last day of the promo must maintain the $5k increment to prevent exploits on follow thru bonus.

Then learn from somone have 5 accounts moreover must be 5 FastSaver so can do SI. Lol

 

[bruiser69]

YAH, this account works in the same way as E-saver and Maybank Isavvy what. So the reference month is Dec. For those who are new to CIMB, the full sum will earn the 3.2% since Dec reference month value is 0.

That’s why I say put into 6 mths T bills around 3% sua… no need to fulfill, remember or take into account all these various criteria eg, baseline amount, reference month, timeframe etc thus jumping through so many hoops

 

[peppermint7]

That’s why I say put into 6 mths T bills around 3% sua… no need to fulfill or take into account all these various criteria, baseline, timeframe etc jumping through so many hoops

@~sabaisabai~ shared about forward insurance 2 years 3%
In case it interests you.

https://www.fwd.com.sg/savings-insurance/save-smart-series/

 

[x9evolution]

It’s going to be history low this week , total 4X only

 

[Kunkka]

How to tell if qualified for first 10 k forthe 3.5 % incremental adb

 

[pratik28]

Got TrustInvest invite,
got more options than MariInvest,

similar to Syfe & Stashaway cash management options based on risk levels, whether invest in Govt or MMF or stocks/bonds, etc

Cash+ 3.1% (Govt bills)
Income+ 6.5% (Dividend)
Wealth+ upto 7.6% (Growth)

 

[CoffeeDrinker8899]

Got TrustInvest invite,
got more options than MariInvest,

similar to Syfe & Stashaway cash management options based on risk levels, whether invest in Govt or MMF or stocks/bonds, etc

Cash+ 3.1% (Govt bills)
Income+ 6.5% (Dividend)
Wealth+ upto 7.6% (Growth)

The cash+ version is using abrdn sgd money market fund and its holding MAS bills, the yield is likely the average of all the MAS bills it holds. Hard to tell if its any better than Mari invest. Perhaps a small plus is for a new product the management fee is at promotional rate of 0.3%. I would be skeptical about it hitting the advertised 5-day rolling return on it's fact sheet.

 

[Sambuca78]

Any view of Maribank up to 4.2% PA promo for year end?

just need to topup 10K to get 3.6%. If topup 70k then 4,2%

Holding period 20nov to 15 Jan 2025.

Has anyone receive the bonus interest for the 3.6/4.2 promo?

 

[ahchan]

Has anyone receive the bonus interest for the 3.6/4.2 promo?

No, not yet.
Suppose to be by 15-Feb.
Hopefully, no surprises.

 

[Sambuca78]

No, not yet.
Suppose to be by 15-Feb.
Hopefully, no surprises.

Thanks, the previous promotion was quite quick, the bonus interest was credited end of the month.

 

[cochran]

This week got like 8 times payment.

 

[x9evolution]

This week got like 8 times payment.

Last week 4X , break even 6X per week

 

[ahchan]

Thanks, the previous promotion was quite quick, the bonus interest was credited end of the month.

Today is 11-Feb liao, look like the bonus interest still not in...
Maybe they really want to wait till last day 15-Feb...

 

[Sambuca78]

Today is 11-Feb liao, look like the bonus interest still not in...
Maybe they really want to wait till last day 15-Feb...

But 15 Feb is a Saturday.

 

[ahchan]

But 15 Feb is a Saturday.

Haha, I just do online chat with the CSO and the reply is that the BI will be distributed "from" 15-Feb (30 days after the holding period ended....when the TnC clearly stated that it is "by" 15-Feb....

Too tired to argue with the CSO...

 

[peppermint7]

But 15 Feb is a Saturday.

@ahchan Just received go check yours.