Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks.
#1

Dont laugh at the rate given by our 3 local banks.
Must be a joke. Rotfl

I just placed some fixed deposit at RHB bank.

https://growbeansprout.com/singapore-bes...posit-rate

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#2

For 6 months go try luck with 6 month T-Bill. Today is 4.07% no bank FD 6 month can beat that I think
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#3

(28-09-2023, 03:23 PM)sgh Wrote:  For 6 months go try luck with 6 month T-Bill. Today is 4.07% no bank FD 6 month can beat that I think

US bond rate even higher.  Rotfl

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#4

(28-09-2023, 06:47 PM)RiseofAsia Wrote:  US bond rate even higher.  Rotfl

USD change to and fro with SGD may eat into your actual profit so risk is there
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#5

(28-09-2023, 03:14 PM)RiseofAsia Wrote:  Dont laugh at the rate given by our 3 local banks.
Must be a joke. Rotfl

I just placed some fixed deposit at RHB bank.

https://growbeansprout.com/singapore-bes...posit-rate
U forgot SGD to MYR is 1:3, maybe next time 1:4.  Laughing
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#6

interest earned insufficient to offset exchange loses.
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#7

put in maybank .
12 months 3.65%, bundle with $1k for every $10k.

$20k int $734; 12 mths later.
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