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Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks. - Printable Version

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Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks. - RiseofAsia - 28-09-2023

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-best-fixed-deposit-rate


RE: Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks. - sgh - 28-09-2023

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


RE: Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks. - RiseofAsia - 28-09-2023

(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


RE: Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks. - sgh - 28-09-2023

(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


RE: Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks. - winbig - 29-09-2023

(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-best-fixed-deposit-rate
U forgot SGD to MYR is 1:3, maybe next time 1:4.  Laughing


RE: Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks. - K88 shu shu - 29-09-2023

interest earned insufficient to offset exchange loses.


RE: Dont laugh! Now ChewHu bank gives the best fixed deposit rate. Shame on Sg banks. - Bigbluedot - 29-09-2023

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

$20k int $734; 12 mths later.