UOB FD is 2.6%, really?

[iMac]

I see the long Q outside UOB bank.....

The adver said "Up to 2.6%"...but there is a little "*" on it....anyone successfully deposited ?

What are the "*" ?

 

[mikeeeey]

minimum 20,000 thats all...
for 12mths

no other weird T&C

 

[iMac]

minimum 20,000 thats all...
for 12mths

no other weird T&C

How about early withdrawal penalty ?

Some Bank FD will impose penalty for early withdrawal.(Like put in $10, take out only $9)

 

[dork32]

please lah. this is money mind lah. tbills trump uob in every aspect.

only ah pek and ah mah go que for uob fd

How about early withdrawal penalty ?

Some Bank FD will impose penalty for early withdrawal.(Like put in $10, take out only $9)

 

[dappermen]

please lah. this is money mind lah. tbills trump uob in every aspect.

only ah pek and ah mah go que for uob fd

u r speaking the truth! not all has the mind



but might be offending to all those lovers for ssb and FDs and bank accounts, passion soared high in those discussing in these threads, generating numerous discussions.........
Elderly are like fine wine though it is right that they love queueing there
(a sporean pastime)





hi! i have posted this since in Aug , there is nothing wrong

I see the long Q outside UOB bank.....

the Queue is @ all banks, not just UOB

 

[magicming]

https://www.uob.com.sg/web-resources/wealthbanking/pdf/banking/save/sgfd-tnc-march-2022.pdf

 

[yuppieboy]

I see the long Q outside UOB bank.....

The adver said "Up to 2.6%"...but there is a little "*" on it....anyone successfully deposited ?

What are the "*" ?

Why queue when you can do it at the comfort of your home? I finished making a few FD placements through the phone apps.

 

[BBCWatcher]

Why queue when you can do it at the comfort of your home? I finished making a few FD placements through the phone apps.

T-bills and other Singapore Government Securities (SGSes) are also available for purchase through any of the "Big 3" banks' Internet/Web browser online banking services. However, you probably need to visit a branch if you want to use CPF Ordinary Account funds to buy a SGS.

 

[LouisSaha]

But u need to go branch to place the Fd

 

[bargin]

How about early withdrawal penalty ?

Some Bank FD will impose penalty for early withdrawal.(Like put in $10, take out only $9)

no penalty and no daily savings interest till the days before withdrawal

 

[wira]

definitely SG t bill much better thsn puting in FD !! and 100% online no need Q !

 

[sohguanh]

definitely SG t bill much better thsn puting in FD !! and 100% online no need Q !

Agree. It is so ironic UOB mobile app has this place FD feature but you need to go branch. Anyway as of now T-bill is good a lot is eyeing the upcoming 12 month T-bill for which I am too. I think can bid 3.5%? hmmmm

 

[dork32]

lets compare tbills vs uob

lee > wee
3.32% > 2.6%
6 months < 12 months
computer click click vs que for 2 hours

 

[d5dude]

lets compare tbills vs uob

lee > wee
3.32% > 2.6%
6 months < 12 months
computer click click vs que for 2 hours

Problem is many boomers dun even know what a t bill is.

 

[sohguanh]

Problem is many boomers dun even know what a t bill is.

Agree I also dunno SSB, T-bill until I learn from this forum from the new young ppl lobang. Sometimes one need to update with the times. E.g now I know credit card can function as ATM without incurring cash advance fees for e.g. 1 lot in SGX is no more 1000 shares but 100 shares another e.g etc

 

[Aaron_soh80]

I see the long Q outside UOB bank.....

The adver said "Up to 2.6%"...but there is a little "*" on it....anyone successfully deposited ?

What are the "*" ?

SCAM ALERT

 

[Aaron_soh80]

Problem is many boomers dun even know what a t bill is.

SSB for me always..

 

[reddevil0728]

SCAM ALERT

why is it a scam? need to be responsible for what you post.

SSB for me always..

why ssb and not tbill?

 

[CyberTan]

Agree I also dunno SSB, T-bill until I learn from this forum from the new young ppl lobang. Sometimes one need to update with the times. E.g now I know credit card can function as ATM without incurring cash advance fees for e.g. 1 lot in SGX is no more 1000 shares but 100 shares another e.g etc

But older folks still regard lot as 1k shares

 

[sohguanh]

But older folks still regard lot as 1k shares

It is ok. Old habits hard to break for some. Now you ppl say 1 lot 100 shares wait when you all reach age 50 same like me 1 lot can be 10 shares already who knows. Then you all will change and adapt? All ppl get old eventually