[SIC] 2016 SRS promo

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chiokcc

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arctician said:
every 15k i topup, i save $3K in taxes, so $50 or no, i will topup all the same.

The $50 is an added bonus which i will gladly take. Topup the moment i saw this thread.

For added info, for those who want to safeguard your deposit in SRS, just use it buy OCC5.1% preference shares or some investment grade bonds like capmall 3.08%, you get 3%-4% risk free, unless issuer collapse of course
Click to expand...

Wow, save $3k in taxes!

OCC5.1% == GG0?
 
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Zopizz

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What's tier2 preference shares? There's another ocbc similar fixed income with higher 5.6% coupon.
 
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Panerex

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made a max transfer to DBS SRS earlier..hope still can make it for the promo credit.
 
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bettersaint

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Don't you guys notice that DBS has schedule of charges levied for their custodian services?

Read that OCBC has no charges, isn;t it better? :s12:
 
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lzydata

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All three - DBS, OCBC, UOB - have a schedule for charges for their SRS accounts and transactions, but I believe they have all been waiving them for years now.
 
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sainty91

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lzydata said:
All three - DBS, OCBC, UOB - have a schedule for charges for their SRS accounts and transactions, but I believe they have all been waiving them for years now.
Click to expand...

Guys, your experience here is DBS despite showing the schedule of charges, they don't levy those fees? I have opened with DBS thinking of going towards OCBC
 
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chiokcc

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I have never been charged anything with DBS, except for the 50 cents per shares buy/sell transaction.
 
arctician

arctician

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i dont think i have been charged any custodian fees either. Unless they charge without me knowing...
 
henrylbh

henrylbh

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What's the use of SRS for some? According to stat, 30% of money is left idle in SRS in the last few years :s13:
 
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