Cavili Neutral Newbie April 21, 2008 Share April 21, 2008 Hi Anyone from the banking sector can advise me which bank gives the hightest interst rate for FD or nearing promotion for FD. Regards ↡ Advertisement Link to post Share on other sites More sharing options...
Carmour 4th Gear April 21, 2008 Share April 21, 2008 Sing investment offering about 1.05% for 3 month FD. Heard its going down some more.... Link to post Share on other sites More sharing options...
Silver_blade Turbocharged April 21, 2008 Share April 21, 2008 Depending on the amount and tenture. I find Maybank I-Savvy time deposit have the best interest rate. But you will have to start a o-savvy saving a/c 1st, then start the time deposit online, then transfer the $$$ there. Link to post Share on other sites More sharing options...
Patwong 3rd Gear April 21, 2008 Share April 21, 2008 Hi I am also looking for banks that could offer FD near 3% for 12mths term but to no avail. Anybody could advice any finanical instrument that could offer that rate? With Guaranttee return. Link to post Share on other sites More sharing options...
Vicz Neutral Newbie April 21, 2008 Share April 21, 2008 Yes, i put into maybank also. Among all, i think their rates should be highest liao. Link to post Share on other sites More sharing options...
Yaloryalor 5th Gear April 21, 2008 Share April 21, 2008 HiAnyone from the banking sector can advise me which bank gives the hightest interst rate for FD or nearing promotion for FD. Regards I am not from banking but from my experience, Hong leong has highest interest if compared to the rest. Link to post Share on other sites More sharing options...
Robin 4th Gear April 21, 2008 Share April 21, 2008 Fundsupermart Cash Fund is an unit trust? so yr $1 investment may not be $1 invested cus of admin charges etc ?.... Link to post Share on other sites More sharing options...
Ncss Clutched April 21, 2008 Share April 21, 2008 Yes, there is but not in S$. 7% also have if you change your $ to NZ$. Also guarantee return but in their currency S$ FD is still droping... now around 1% nia for all banks. Link to post Share on other sites More sharing options...
Fcw75 Hypersonic April 21, 2008 Share April 21, 2008 No way can get 3% per annum for S$ FD. Now can get 2% good enuff. Some banks offering only 1.08% for 50K for 12 mths. Link to post Share on other sites More sharing options...
Will_I_Am 2nd Gear April 21, 2008 Share April 21, 2008 If you have more than 50K, 3% to 10% is possible for non-FD products. HiAnyone from the banking sector can advise me which bank gives the hightest interst rate for FD or nearing promotion for FD. Regards Link to post Share on other sites More sharing options...
Focusdude Neutral Newbie April 21, 2008 Share April 21, 2008 Bro, which financial product would you recommend for $400k? Link to post Share on other sites More sharing options...
Will_I_Am 2nd Gear April 21, 2008 Share April 21, 2008 Check with your Private banker. I'm sure they will be very interested to assist you. Seriously, if I have 400K, I'll go into properties. Link to post Share on other sites More sharing options...
Focusdude Neutral Newbie April 21, 2008 Share April 21, 2008 Actually I'm not so much into financials so quite inexperienced in this area. Which bank would you recommend? TIA! Link to post Share on other sites More sharing options...
Ncss Clutched April 21, 2008 Share April 21, 2008 400k difficult to buy private property... also now property quite high. Link to post Share on other sites More sharing options...
Will_I_Am 2nd Gear April 21, 2008 Share April 21, 2008 Bro, just walk into any bank of your choice. Talk to the receptionist and say you have 400K to invest. I'm sure they will treat you like a king Think there's a few PB bros/sis here also. You might want to speak to them for more advice Link to post Share on other sites More sharing options...
Ncss Clutched April 21, 2008 Share April 21, 2008 Usually for 50K 3% to 10%. It is usually either non-principle grantee or must put a couple of years one. Link to post Share on other sites More sharing options...
Scenic98 Clutched April 21, 2008 Share April 21, 2008 Sibor rates have been falling lately. So FD rates are following suit. now hovering around 1% for short tenor of 3 to 6 months, slightly higher of 1.1 to 1.2% if 1 year. All these from the usual banks like dbs, uob ocbc. ABN and Citi may get u a slightly higher rate for min 200k. call them to refer u a private banker. of course they may try to encourage u to buy some unit trust....your call Link to post Share on other sites More sharing options...
Mzrmazda3 6th Gear April 21, 2008 Share April 21, 2008 No way can get 3% per annum for S$ FD. Now can get 2% good enuff. Some banks offering only 1.08% for 50K for 12 mths. Managed to get 1 with 1.25% for 12 months but must be above 50K ↡ Advertisement Link to post Share on other sites More sharing options...
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