Enye Hypersonic January 8, 2019 Share January 8, 2019 i dont count i just drop check anything complicated like simi every $10k got voucher and simi sai gold pendant worth how much bank called me got simi gift pack i dont know ... just tell me whatâs the return ... wah... like a boss indeed ↡ Advertisement Link to post Share on other sites More sharing options...
Kusje Supersonic January 8, 2019 Share January 8, 2019 I am simply calculating the return after putting the $10K for 6 months. The return is $112.5 ($110 voucher + $2.5 interest) 112.5/10000 x 100 = 1.125% right? If we are wrong, at least show us the correct calculation and return. I already told you interest rates should be compared on 1 yr basis. Your 110$ return is for six months. Link to post Share on other sites More sharing options...
Angcheek Hypersonic January 8, 2019 Share January 8, 2019 The interest is only 0.05% which is atrocious to say the least but more than compensated by this $110 ntuc voucher which is a 22% pa return! $110 for every 10k / 6mth is pretty good if you wan the voucher instead of $ of course. your voucher cannot earn INT on INT . 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic January 8, 2019 Share January 8, 2019 I am simply calculating the return after putting the $10K for 6 months. The return is $112.5 ($110 voucher + $2.5 interest) 112.5/10000 x 100 = 1.125% right? If we are wrong, at least show us the correct calculation and return. this is 6mth ..... extend it to PA , 12 mth . but note your voucher cannot earn INT on INT 5 Link to post Share on other sites More sharing options...
Wind30 Turbocharged January 11, 2019 Share January 11, 2019 (edited) Guys looking for a savings account with good interest rates... Best I see now is ocbc bonus plus which gives 1.45%. No limit. Is there any other account better? Edited January 11, 2019 by Wind30 Link to post Share on other sites More sharing options...
Pocy Hypersonic January 11, 2019 Share January 11, 2019 Guys looking for a savings account with good interest rates... Best I see now is ocbc bonus plus which gives 1.45%. No limit. Is there any other account better? With such T&C ......... better put FD. Earn 1.45% per year on your entire account balance when you don’t withdraw and deposit a minimum of S$500 monthly. Continue earning 1.05% per 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% per year. 4 Link to post Share on other sites More sharing options...
Wind30 Turbocharged January 11, 2019 Share January 11, 2019 (edited) With such T&C ......... better put FD. Earn 1.45% per year on your entire account balance when you don’t withdraw and deposit a minimum of S$500 monthly. Continue earning 1.05% per 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% per year. Fd needs around min 1 year for good rates? This one the interest seems monthly. I have some funds that will be around for slightly less than 3 months. 500 a month is very little to add.. just do a standing instruction. So effectively i get 1.45% for 2 months deposit. Edited January 11, 2019 by Wind30 Link to post Share on other sites More sharing options...
Throttle2 Supersonic January 11, 2019 Share January 11, 2019 (edited) With such T&C ......... better put FD. Earn 1.45% per year on your entire account balance when you don’t withdraw and deposit a minimum of S$500 monthly. Continue earning 1.05% per 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% per year. Well said Edited January 11, 2019 by Throttle2 Link to post Share on other sites More sharing options...
RadX Moderator January 14, 2019 Share January 14, 2019 maybank now 1.95% Fd needs around min 1 year for good rates? This one the interest seems monthly. I have some funds that will be around for slightly less than 3 months.500 a month is very little to add.. just do a standing instruction. So effectively i get 1.45% for 2 months deposit. 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 1 Link to post Share on other sites More sharing options...
AndrewLee72 6th Gear January 14, 2019 Share January 14, 2019 UOB 1 account.. Its 3 giro transactions :-) Link to post Share on other sites More sharing options...
RadX Moderator January 14, 2019 Share January 14, 2019 UOB 1 account.. Its 3 giro transactions :-) ahhh thanks.. if you include salary, then no need rt? https://www.uob.com.sg/personal/save/chequeing/one-account.page#howitworks Link to post Share on other sites More sharing options...
Wind30 Turbocharged 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 that is pretty good, more than 2% with no step up issue.... limit is 75k but a good place to park 75k. Link to post Share on other sites More sharing options...
RadX Moderator January 15, 2019 Share January 15, 2019 that is pretty good, more than 2% with no step up issue.... limit is 75k but a good place to park 75k. definitely and the benefit is that it's not locked. Fluid your overall shd be abt 2.44% thereabouts Link to post Share on other sites More sharing options...
Kusje 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 500 a month? big spender ah? Link to post Share on other sites More sharing options...
RadX Moderator January 15, 2019 Share January 15, 2019 500 a month? big spender ah? you dun cb here petrol, club membership, etc no $500 meh?...now youtrip transactions, etc you peasant pls sit one corner with that @enye Link to post Share on other sites More sharing options...
Kopites Supersonic January 15, 2019 Share January 15, 2019 you dun cb here petrol, club membership, etc no $500 meh?...now youtrip transactions, etc you peasant pls sit one corner with that @enye No wonder you still go for the free daily 2gb sim card! Times must be bad after marriage. Everythings Two headcounts instead of one. Link to post Share on other sites More sharing options...
mersaylee Supersonic January 15, 2019 Share January 15, 2019 What about those fresh fund of at least RMB 50k at over 3.5% for 6 months TD offered by BOC and ICBC? Tempted but not sure about the exchange rate trend and charges in due course since no clarity on the trade war...Xi yeh may use currency as leverage against DT. Link to post Share on other sites More sharing options...
nazerath Turbocharged January 15, 2019 Share January 15, 2019 Was at uob yesterday1.55 for renewal. 1.65 for fresh funds. So Maybank is highest so far? ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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