Sunday 10 February 2013
RHB Chinese New Year Promotional Interest Rates
RHB is offering promotional interest rates of 1.18% p.a. for 12-month's fixed deposits this Chinese New Year for fresh funds of more than $100,000 only. The promotion is valid from 17th January to 28th February 2013. Nowadays, it seems like the banks are targeting only the cash-rich depositors as the minimum deposit amounts are increasingly higher. Are Singaporeans really getting richer and richer? Hmm...
Bank of China SGD 12-month Time Deposit
Bank of China is offering up to 1.2% p.a. for SGD time deposits from 18th February 2013 for a limited period only. Only fresh funds are eligible for these rates.
For amounts from $50,000 to $199,999, the interest rate is 1.16% p.a.
For amounts from $200,000 to $499,999, the interest rate is 1.18% p.a.
For amounts above $500,000, the interest rate is 1.20% p.a.
Please refer to the website for more details.
For amounts from $50,000 to $199,999, the interest rate is 1.16% p.a.
For amounts from $200,000 to $499,999, the interest rate is 1.18% p.a.
For amounts above $500,000, the interest rate is 1.20% p.a.
Please refer to the website for more details.
Sunday 3 February 2013
CIMB Deposit Promotions
CIMB usually offers one of the most attractive deposit rates in town.
This Step Up Fixed deposit that they are offering is very similar to the one that Standard Chartered Bank is offering, except that the tenure is much shorter, 12 months instead of 36 months. For a minimum deposit of S$10,000, you will enjoy interest rates, starting from 0.5% p.a. in Month 1 to a maximum of 1.6% p.a. in Month 12. Basically, that means a step up rate of 0.1% every month. The average interest rate for the deposit tenure is 1.05% p.a. if the account is held to account maturity date.
The great thing about it is that it gives the flexibility to withdraw your funds at anytime, preferably at the cycle maturity dates, so that you can earn the interest for that particular cycle.
For more details on the CIMB SGD Step Up Fixed Deposits, please click on the link.
This Step Up Fixed deposit that they are offering is very similar to the one that Standard Chartered Bank is offering, except that the tenure is much shorter, 12 months instead of 36 months. For a minimum deposit of S$10,000, you will enjoy interest rates, starting from 0.5% p.a. in Month 1 to a maximum of 1.6% p.a. in Month 12. Basically, that means a step up rate of 0.1% every month. The average interest rate for the deposit tenure is 1.05% p.a. if the account is held to account maturity date.
The great thing about it is that it gives the flexibility to withdraw your funds at anytime, preferably at the cycle maturity dates, so that you can earn the interest for that particular cycle.
For more details on the CIMB SGD Step Up Fixed Deposits, please click on the link.
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