RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
Scythian - 16-11-2022
(16-11-2022, 05:53 PM)drgn Wrote: cannot, based on the existing rule.
don't keep on complaining about CPF when you are not sure about the rules.
no one will care about you if you continue to do so, others just treat as barking from neighbour's dog.
You are the only dog barking ... Do you know why?
"OCBC offers fixed deposit placements for CPF ordinary account savings at 3.4% a year"
https://www.businesstimes.com.sg/banking-finance/ocbc-offers-fixed-deposit-placements-for-cpf-ordinary-account-savings-at-34-a-year#:~:text=OCBC%20offers%20fixed%20deposit%20placements%20for%20CPF%20ordinary%20account%20savings%20at%203.4%25%20a%20year
RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
Scythian - 16-11-2022
(16-11-2022, 05:53 PM)drgn Wrote: cannot, based on the existing rule.
don't keep on complaining about CPF when you are not sure about the rules.
no one will care about you if you continue to do so, others just treat as barking from neighbour's dog.
Sgtalk will send you to SPCA since missing for so long.
RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
Scythian - 16-11-2022
(16-11-2022, 05:20 PM)Scythian Wrote: Will CPF Board able to survive IF CPF members put all $500 Bil to FDs with 3 local Banks?
Then, nothing for CPF management to do..
.
CPF Board and Management can sit down doing nothing, relax and collect fat bonuses
OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. -
Scythian - 16-11-2022
OCBC accepting CPF OA placement to FD @3.40% for one year, then GIC should offer a better choice.
Becoz CPF members considered SWF, GIC better credit and far safer than OCBC.
CPF Members wondered if CPF Board and management being deliberately obtuse.
RE: OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. -
Scythian - 16-11-2022
"OCBC offers fixed deposit placements for CPF ordinary account savings at 3.4% a year"
https://www.businesstimes.com.sg/banking-finance/ocbc-offers-fixed-deposit-placements-for-cpf-ordinary-account-savings-at-34-a-year#:~:text=OCBC%20offers%20fixed%20deposit%20placements%20for%20CPF%20ordinary%20account%20savings%20at%203.4%25%20a%20year
RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
Scythian - 16-11-2022
.Can members say more..
CPF Board days are numbered..
RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
surfer - 16-11-2022
Everyday harping on CPF. Come back to this red dot and fight your case with CPF board lah.
RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
talky - 16-11-2022
(16-11-2022, 06:32 PM)Scythian Wrote: You are the only dog barking ... Do you know why?
"OCBC offers fixed deposit placements for CPF ordinary account savings at 3.4% a year"
https://www.businesstimes.com.sg/banking-finance/ocbc-offers-fixed-deposit-placements-for-cpf-ordinary-account-savings-at-34-a-year#:~:text=OCBC%20offers%20fixed%20deposit%20placements%20for%20CPF%20ordinary%20account%20savings%20at%203.4%25%20a%20year
3.4-2.5 =<1% not so worth it unless on hugh amt of 100k >
hv to pay trnasaction fess qtr fees
cpf is not worried
RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
talky - 16-11-2022
(16-11-2022, 07:00 PM)Scythian Wrote: .Can members say more..
CPF Board days are numbered..
cpf cant die
it just has to change rules n regulations to prevent massive migration to put in bnaks as fd
RE: OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. -
kc172021 - 16-11-2022
(16-11-2022, 06:46 PM)Scythian Wrote: OCBC accepting CPF OA placement to FD @3.40% for one year, then GIC should offer a better choice.
Becoz CPF members considered SWF, GIC better credit and far safer than OCBC.
CPF Members wondered if CPF Board and management being deliberately obtuse.
GOod.. HOw to go about it, i am interested
RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
Talent - 16-11-2022
if like that
rate will not go up anymore
RE: OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. -
Scythian - 16-11-2022
(16-11-2022, 07:44 PM)kc172021 Wrote: GOod.. HOw to go about it, i am interested
Just call OCBC
But FYI UOB 12 months FD @ 3.90% pa. Higher
WhyOCBC @ 3.40% only?
RE: OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. -
kc172021 - 16-11-2022
(16-11-2022, 08:25 PM)Scythian Wrote: Just call OCBC
But FYI UOB 12 months FD @ 3.90% pa. Higher
WhyOCBC @ 3.40% only?
ocbc cpf money
UOB use cash
RE: Will CPF Board survive IF CPF members put $500 Bil to FDs with 3 local Banks -
Scythian - 17-11-2022
(16-11-2022, 07:11 PM)talky Wrote: 3.4-2.5 =<1% not so worth it unless on hugh amt of 100k >
hv to pay trnasaction fess qtr fees
cpf is not worried
Why CPF Board discriminated against UOB FD @ 3.90% which is higher than OCBC @ 3.40%?
3.90% - 2.50% = 1.40%
RE: OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. -
Scythian - 17-11-2022
(16-11-2022, 08:43 PM)kc172021 Wrote: ocbc cpf money
UOB use cash
Why CPF Board discriminated against UOB?
RE: OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. -
Scythian - 17-11-2022
.
Major would prefer SWF, GIC than Bank.
Why CPF Board discriminated UOB FD @ 3.90% much higher than OCBC @ 3.40% pa? -
Scythian - 17-11-2022
Why CPF Board discriminated UOB FD @ 3.90% much higher than OCBC @ 3.40% pa?
For Any specified reasons.
Total disaster - it's unprecedented for an advanced country national pension funds manager, like CPF to suddenly flip flop as and when they like.
RE: Dismantle CPF Board to give members a choice between GIC, Temasek and Bank FDs. -
Scythian - 17-11-2022
..
Now, OCBC accepting CPF OA placement for 12 months FD @ 3.40% pa.
If you don't kick, the donkey will not move
RE: Why CPF Board discriminated UOB FD @ 3.90% much higher than OCBC @ 3.40% pa? -
sogo - 17-11-2022
Because ocbc tony tan mah
RE: Why CPF Board discriminated UOB FD @ 3.90% much higher than OCBC @ 3.40% pa? -
Scythian - 17-11-2022
(17-11-2022, 04:07 AM)sogo Wrote: Because ocbc tony tan mah
So, why Dr Tony Tan cannot match Wee Cho Yaw on FD interest rates?
RE: Why CPF Board discriminated UOB FD @ 3.90% much higher than OCBC @ 3.40% pa? -
Scythian - 17-11-2022
(17-11-2022, 04:07 AM)sogo Wrote: Because ocbc tony tan mah
.
CPIB considered gratitude an offence..
RE: OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. -
Scythian - 18-11-2022
.
CPF members need GIC
We don't want Temasek