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OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. - Printable Version

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+--- Thread: OCBC accepting CPF OA placement to FD @3.40%, then GIC shld offer a better choice. (/Thread-OCBC-accepting-CPF-OA-placement-to-FD-3-40-then-GIC-shld-offer-a-better-choice)

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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