[Alleggsinonebasket]

https://shrtco.de/LRnSgq

[hansamu]

So which bank is offering the best rates now?

[lvlrsSTI]

Other banks offer 4-4.2% already

[sgh]

Always look at details 3.95 is for 1 million. So far as of today CIMB FD best at minimum placement 10k

[sogo]

Still extended? They will have to go higher

[sgh]

UOB FD if want premature withdrawal need go branch very troublesome for ppl working. CIMB can phone call in but hard to get through from app cannot DIY cancel FD.

DIY cancel FD so far from the app I know is BOC and ICBC. But BOC need SmartSaver with 1500 minimum balance so best still ICBC but they have not revised their FD rate yet

[sogo]

UOB FD if want premature withdrawal need go branch very troublesome for ppl working. CIMB can phone call in but hard to get through from app cannot DIY cancel FD.

DIY cancel FD so far from the app I know is BOC and ICBC. But BOC need SmartSaver with 1500 minimum balance so best still ICBC but they have not revised their FD rate yet

Boc issit go fd inside transferred back to savings means cancel fd Liao?

Plus boc if I put one month matured Liao the interest appears where? I got one from 7 Nov to 7 Dec just now I go in check still no interest one?

[sgh]

Boc issit go fd inside transferred back to savings means cancel fd Liao?

Plus boc if I put one month matured Liao the interest appears where? I got one from 7 Nov to 7 Dec just now I go in check still no interest one?

I don't have BOC due to high minimum balance so cannot share. Maybe other readers use BOC FD can share

[RiseofAsia]

1 more week, 4.4% is coming…

[Levin]

1 more week, 4.4% is coming…

Bangkok Bank is 4.4% but for 200k.

[Wy:Nox]

Bangkok Bank is 4.4% but for 200k.

Anyway to remove CPF and invest in these banks?

[Levin]

Anyway to remove CPF and invest in these banks?

If I remembered correctly, OA funds can only be parked in fixed deposits in DBS, OCBC and UOB. Other banks no. Can try UOB as UOB is offering 3.85% (3.95% if preferred customer) for fixed deposits. OCBC's FD is also better than OA, I think

[debono]

Other banks offer 4-4.2% already

Better than SSB rates............?

[Levin]

Better than SSB rates............?

Yes. But SSB is over 10 years. FD rates can go up but they can go down too. The FD rates may not be as high as now in the future. If one averaged the FD rates 10 years, SSB may win out over that period of time.

[debono]

Yes. But SSB is over 10 years. FD rates can go up but they can go down too. The FD rates may not be as high as now in the future. If one averaged the FD rates 10 years, SSB may win out over that period of time.

Thanks for your inputs.......

[lvlrsSTI]

Better than SSB rates............?

Yes!!!!!!!

[Stoki]

Yes. But SSB is over 10 years. FD rates can go up but they can go down too. The FD rates may not be as high as now in the future. If one averaged the FD rates 10 years, SSB may win out over that period of time.

If you keep for 10 years, SSB will be much better.

But if you want to withdraw maybe 2 years later, then FD is better

[debono]

Always look at details 3.95 is for 1 million. So far as of today CIMB FD best at minimum placement 10k

So that is the catch...........

[sogo]

will go higher lah. see next week fomc then say.

[sgbuffett]

I saw this went down with my mom to transfer her money.

A bit disappointed that under 50K is 3.5% only. Waited one hour to open account and all that.

[debono]

Anyway to remove CPF and invest in these banks?

Bank give 4+%.but CPF only give 2.5%. therefore, which is better....

[sgbuffett]

Bank give 4+%.but CPF only give 2.5%. therefore, which is better....

You can always transfer CPF OA to SA to get 4% if that is what you want.

[sogo]

You can always transfer CPF OA to SA to get 4% if that is what you want.

Locked up until die? Now many took many weird vaccines dunno can live how long.

[Levin]

You can always transfer CPF OA to SA to get 4% if that is what you want.

Up to the Full Retirment Sum in SA. If you already had that amount in SA, you cannot transfer any more from OA to SA.

[RiseofAsia]

DBS really sia suay bank.

[Stoki]

DBS really sia suay bank.

Ce.ca CEO lor

[RiseofAsia]

Ce.ca CEO lor

Run by crook?

[Lukongsimi]

I saw this went down with my mom to transfer her money.

A bit disappointed that under 100K is 3.5% only. Waited one hour to open account and all that.

Above $50k is 3.85%
Below $50k is 3.5%

[sgbuffett]

I saw this went down with my mom to transfer her money.

A bit disappointed that under 50K is 3.5% only. Waited one hour to open account and all that.

[Levin]

DBS really sia suay bank.

Boh bian. They held an enormous savings from Singapore savers. They don't really need that much extra cash.