Kusje Supersonic January 15, 2019 Share January 15, 2019 Banks pay the premium and Insurance companies will foot the amounts back to customers in the worst case scenarios. Frankly, this is unlikely to happen here esp since banks have quite abit of liquidity with MAS but anyway from depositors perspective, we are covered so just put your money in any FI up to $50k. Got more money, rope in your wife n children n the coverage gets bigger by $50k per name.Per name per bank hor. ↡ Advertisement Link to post Share on other sites More sharing options...
Wt_know Supersonic January 15, 2019 Share January 15, 2019 (edited) still 50k lahi knowi meant it was raised to $100k for a period of tirne before especially after lehman and dbs mini bond saga now is of course $50k la Edited January 15, 2019 by Wt_know Link to post Share on other sites More sharing options...
Mkl22 Twincharged January 15, 2019 Share January 15, 2019 Banks pay the premium and Insurance companies will foot the amounts back to customers in the worst case scenarios. Frankly, this is unlikely to happen here esp since banks have quite abit of liquidity with MAS but anyway from depositors perspective, we are covered so just put your money in any FI up to $50k. Got more money, rope in your wife n children n the coverage gets bigger by $50k per name. @Jamesc has his MIL name to use... :) 2 Link to post Share on other sites More sharing options...
Spring Moderator January 15, 2019 Share January 15, 2019 Per name per bank hor. That’s what I wrote $50k per name 5 Link to post Share on other sites More sharing options...
Fitvip Supersonic January 15, 2019 Share January 15, 2019 maybank now 1.95% put in uob one... although gotta spend $500, and 3 GIRO, works perfectly for me. Annual interest about $1600 that's what I got for last year for the other tranches, I put in MB FD that was pretty decent arnd %1.88. Instant interest upfront MB iSavvy TD is 2% for 12 months. Link to post Share on other sites More sharing options...
Freeder Hypersonic January 15, 2019 Share January 15, 2019 Freeder syres zz SMLJ? 4 Link to post Share on other sites More sharing options...
Fitvip Supersonic January 15, 2019 Share January 15, 2019 MB iSavvy TD is 2% for 12 months. Maybank TD promotion 20,000 9,999,999 0 12 1.9500% 11-Jan-2019 With minimum $2k in Maybank Current or Savings accounts This is what puts me away! Link to post Share on other sites More sharing options...
Inlinefour Twincharged January 15, 2019 Share January 15, 2019 TiaKong got 1 best in SG Very high interest plus compound rate somemore Ultra secure one and give you half yearly statement to see your funds grow Really sibay shiok one...read statement until drooling one leh But let you see only...then cannot take out one Ai Mai... 3 Link to post Share on other sites More sharing options...
DACH Supersonic January 15, 2019 Share January 15, 2019 SMLJ? Link to post Share on other sites More sharing options...
Inlinefour Twincharged January 15, 2019 Share January 15, 2019 I low SES one. No money to park in any account. Molly Bank Ai Mai Brudder 1 Link to post Share on other sites More sharing options...
Freeder Hypersonic January 15, 2019 Share January 15, 2019 I low SES one. No money to park in any account. Then y r u in here? 3 Link to post Share on other sites More sharing options...
DACH Supersonic January 15, 2019 Share January 15, 2019 Molly Bank Ai Mai Brudder What's the credit rating for Molly Bank? Then y r u in here? Then why you come disturb me? Link to post Share on other sites More sharing options...
Kopites Supersonic January 15, 2019 Share January 15, 2019 (edited) Just done my renewal today with BOC. 1.9% for one year. BTW for info..tiong bahru branch. Edited January 15, 2019 by Kopites Link to post Share on other sites More sharing options...
Pocy Hypersonic January 15, 2019 Share January 15, 2019 Then y r u in here?He has $$$ lah ........ must look for RHB our [Resident Hade Bank] @Radx Link to post Share on other sites More sharing options...
BanCoe Hypersonic January 15, 2019 Share January 15, 2019 He has $$$ lah ........ must look for RHB our [Resident Hade Bank] @Radx ð¤ð» {image borrowed from @mersaylee} This is the only thread @radx is active always ..... baskit ..... dunno what type of money he keep in body bags , normal people keep in pillows 3 Link to post Share on other sites More sharing options...
BanCoe Hypersonic January 15, 2019 Share January 15, 2019 He has $$$ lah ........ must look for RHB our [Resident Hade Bank] @Radx ð¤ð» {image borrowed from @mersaylee} You Salah !! Radx Hantu Bank 3 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged January 16, 2019 Share January 16, 2019 It’s current promo so may be withdrawn once they reach a certain amount? Sometimes banks want to raise money for whatever reason n this is a way to do so. Eg SCB will periodically pay better interests on their E saver accounts. Currently it’s 1.9% till end of this mth. sometimes, they may not meet the stress test so need to inject funds. 2 Link to post Share on other sites More sharing options...
mersaylee Supersonic January 16, 2019 Share January 16, 2019 sometimes, they may not meet the stress test so need to inject funds. No wonder donkey years ago BOA had an one off 3mth 6% TD. that's the only time I showed hands with my limited cents in TD. Wife is good with TD and FF...I'm better off with punting 4D. ↡ Advertisement Link to post Share on other sites More sharing options...
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