Which bank offers the highest Fixed Deposit rates?

[BanCoe]

On 7/6/2023 at 4:56 PM, mersaylee said:

 

 

He got ghost protocol benefits...got peeps pray to...ahem...to strike 4D one...😅

Aiyah no need tok so long long 1..... he drinks WD40 lah .....  

[BanCoe]

On 7/6/2023 at 4:34 PM, Mkl22 said:

yup credited at 2pm

always tot NC gets priority allotment 1st (unless oversuscribed) and Competitive got quota allotment   

[mersaylee]

On 7/6/2023 at 5:10 PM, BanCoe said:

Aiyah no need tok so long long 1..... he drinks WD40 lah .....  

I tink he no longer jiak u...gone green oredi...jiak dian now...😁

[Kopites]

On 7/6/2023 at 5:12 PM, BanCoe said:

always tot NC gets priority allotment 1st (unless oversuscribed) and Competitive got quota allotment   

Only 2% competitive allotted. 🤔

I have never seem such a low % for competitive. Interesting. 

[Unltd]

https://www.cimb.com.sg/en/personal/banking-with-us/accounts/savings-accounts/cimb-starsaver-savings-account.html

3.5% interest rates without any fixed deposit period 

 

[AndrewLee72]

On 7/11/2023 at 4:07 PM, Unltd said:

https://www.cimb.com.sg/en/personal/banking-with-us/accounts/savings-accounts/cimb-starsaver-savings-account.html

3.5% interest rates without any fixed deposit period 

 

Looks good, but the T&C states until 31st Dec 2023 !

[Inlinefour]

On 7/11/2023 at 4:07 PM, Unltd said:

https://www.cimb.com.sg/en/personal/banking-with-us/accounts/savings-accounts/cimb-starsaver-savings-account.html

3.5% interest rates without any fixed deposit period 

 

much better than SCB 4% but need to top-up minimum 50k every quarterly 

[BanCoe]

On 7/11/2023 at 4:45 PM, AndrewLee72 said:

Looks good, but the T&C states until 31st Dec 2023 !

They must be losing a lot of customers likely with simple clean FD's to maybe BOC or SBI or other straight forward banks with no TnC's   

[Throttle2]

UOB priority pays 3.55%pa no lock up, i put $250k in that since March, just extended to Sep.  Withdrawal without penalty, anytime, any amount

Edited July 12, 2023 by Throttle2

[Rm2s]

On 6/19/2023 at 1:13 PM, Cheesepiekia said:

Can someone advice me please.

I thought of buying current open 6-month T-bill issue code BS23112N using my CPF OA.

Announcement date 15 Jun 2023

Auction date 22 June 2023

Issue date 27 Jun 2023

Maturity date 26 Dec 2023

According to DBS website, it will take 3 business days for the funds to be transferred back to CPF OA.

29 Dec 2023 is a Friday.

Am I right to say just enough time to transfer the funds back into my CPF OA?

Thank you for your help.

I am circling back to your question.

As mentioned, I have a T bill (using CPF OA) matured on 11 July. Here are the timeline. My CPF Investment Account (CPFIA) is with DBS.

11-July at around 6pm - received the matured amount minus $2.70 (maturity transaction fee)

** I decided to leave the fund in CPFIA to see if the bank will transfer the amount to CPF OA automatically; it didn't **

12-July at around 10 am - I initiated a refund (via iBanking) of the full amount in CPFIA to CPF OA

13-July at around 1 pm - Amount deducted from from DBS' CPFIA account

13-July at around 6 pm - Amount deposited into my CPF OA account

Not sure if other banks work differently. I hope this helps.

[mersaylee]

On 7/12/2023 at 11:28 AM, Throttle2 said:

UOB priority pays 3.55%pa no lock up, i put $250k in that since March, just extended to Sep.  Withdrawal without penalty, anytime, any amount

Any minimal amount? 

[Throttle2]

On 7/14/2023 at 8:58 AM, mersaylee said:

Any minimal amount? 

I think $250k

[Throttle2]

On 7/14/2023 at 8:13 AM, Rm2s said:

I am circling back to your question.

As mentioned, I have a T bill (using CPF OA) matured on 11 July. Here are the timeline. My CPF Investment Account (CPFIA) is with DBS.

11-July at around 6pm - received the matured amount minus $2.70 (maturity transaction fee)

** I decided to leave the fund in CPFIA to see if the bank will transfer the amount to CPF OA automatically; it didn't **

12-July at around 10 am - I initiated a refund (via iBanking) of the full amount in CPFIA to CPF OA

13-July at around 1 pm - Amount deducted from from DBS' CPFIA account

13-July at around 6 pm - Amount deposited into my CPF OA account

Not sure if other banks work differently. I hope this helps.

Oh you mean its not auto transferred back and forth??

thats so kns

[Mercs]

https://www.ocbc.com/personal-banking/premier-banking/solutions/premier_dividend_solutions

 

Premier Dividend+ Savings Account

Earn interest of up to 3.70% a year on your entire account balance

How it works

• Earn interest of up to 3.70% a year on your entire account balance when you don’t withdraw and
deposit a minimum of S$2,000 monthly.
• Continue earning interest of 2.65% a year if you simply don’t withdraw.
• For months when you need to access your money, you will receive the base interest of 0.05% a year.

 

To be eligible

• Exclusively for OCBC Premier Banking customers with an initial deposit of S$50,000 in fresh funds*

[Volvobrick]

On 7/18/2023 at 11:19 PM, Mercs said:

https://www.ocbc.com/personal-banking/premier-banking/solutions/premier_dividend_solutions

 

Premier Dividend+ Savings Account

Earn interest of up to 3.70% a year on your entire account balance

How it works

• Earn interest of up to 3.70% a year on your entire account balance when you don’t withdraw and
deposit a minimum of S$2,000 monthly.
• Continue earning interest of 2.65% a year if you simply don’t withdraw.
• For months when you need to access your money, you will receive the base interest of 0.05% a year.

 

To be eligible

• Exclusively for OCBC Premier Banking customers with an initial deposit of S$50,000 in fresh funds*

I just moved some to this acct. But probably will withdraw all on 1st of next month or the following months to use. Stanchart paid me 4.2 for the first month but don't understand their terms following month dropped about 2/3 so move $ out of there!

Edited July 18, 2023 by Volvobrick

[Mercs]

On 7/18/2023 at 11:21 PM, Volvobrick said:

I just moved some to this acct. But probably will withdraw all on 1st of next month or the following months to use.

 👍🏻 another option for those looking for better FD rates, or there's always T-bills.

 

[Khng8]

@Volvobrick the eSaver is so complicated & interest crediting date is so random.

[Volvobrick]

On 7/19/2023 at 9:46 AM, Khng8 said:

@Volvobrick the eSaver is so complicated & interest crediting date is so random.

Don't know why the banks make things so complicated. Seems like they don't want my money. Maybe the Chinese banks are simpler.