Thursday, June 21, 2012

eSaver Account - Standard Chartered Bank Singapore

eSaver Account - Standard Chartered Bank Singapore:

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1% p.a. 7-month fixed deposit is very attractive because of its short tenure. Worth considering.

OCBC - Higher-Interest Deposit Account (Bonus+)

OCBC - Higher-Interest Deposit Account (Bonus+):

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Finally a local bank has a strong product which attracts deposits. This is a good product giving 1% p.a. in March, June, Sept and Dec provided that you don't withdraw your funds.

A great place to park your cash reserve.

Sunday, June 3, 2012

ANZ Moneyline - A Credit Line that gives a high interest of 0.6%

Frequently asked questions | ANZ Singapore:

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I came across this which I am interested in. No Lock-in with interest rate of 0.6%. It is a credit line which you can use it as a parking space for your cash at high interest.

Monday, February 20, 2012

Bonus$aver Account - Bonus Saver Account - Highest Interest Rates - Standard Chartered Bank Singapore

Bonus$aver Account - Bonus Saver Account - Highest Interest Rates - Standard Chartered Bank Singapore:

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This is one place which you would really consider placing your money in. 1.88% p.a. from $25,000 in this account. Better than any time deposits. But the catch is that you would need to spend $500 every month on your credit card.

This is a tricky one because you would still need to consider the rebates that comes with the other credit cards. If you have $25,000 in this account, you will be getting $470 interest. If you compute it with $500 spending every month over a year, it is as good as having 7.8% cash rebate.

This is for those who have high credit spending and high savings at the same time.

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.

Thursday, February 9, 2012

Tuesday, February 7, 2012

iSAVvy Time Deposit Promotion | Deposits & Banking | Maybank2u.com Singapore

iSAVvy Time Deposit Promotion | Deposits & Banking | Maybank2u.com Singapore:

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Another promotion for fixed deposits. 24 months at 1.38% and 12 months at 1.18%... It seems that the rates are getting higher but I doubt it will move higher from here.