HSBC Advance - 0.98% p.a. for 12 months time deposit

There is a promotion by HSBC for Advance customers which offers 0.98% per annum for deposits from $25,000... Not the best in the market at the moment.

ICICI Bank Singapore :: Personal Banking :: Fixed Deposit

ICICI Bank Singapore :: Personal Banking :: Fixed Deposit:

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Here is a better offer than Bank of China Singapore which I have posted earlier. For a 12 month fixed deposit, it gives 1.15% which is quite good in the market.

Enjoy preferential interest rates for 12-Months Time Deposits | Bank of China @ Singapore

Enjoy preferential interest rates for 12-Months Time Deposits | Bank of China @ Singapore:

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Here is one offer for 12 month fixed deposit with a minimum of 1%. With the US Federal rates continuing to be at all time low, it might be a good idea to park some of your emergency cash here even though it does not beat inflation.

ANZ Singapore - Time Deposit Promotion

ANZ Singapore - Time Deposit Promotion:

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ANZ has this 1% interest for 12 month fixed-deposit with fresh funds of $50,000. I thought that this is quite attractive and worth considering.

Still looking out.

OCBC Super Savers Draw

OCBC Super Savers Draw:

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Currently OCBC is offering 0.80% interest for 14-month fixed deposit and 0.88% interest for 18-month fixed deposit with $30,000 fresh funds. I am predicting that interest rates will continue to be very low in 2012 so a 14-month fixed deposit should be quite good.

I am looking at other banks as well to see whether they offer better rates. Keep in mind that inflation is about 5% which is going against us.