Last month in December, I have placed a 6 months fixed deposit with CIMB Bank that gives me an interest rate of 1.80% p.a. The good news is that CIMB Bank has maintained its interest …
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Fixed deposit is a type of savings account that promises the investor a fixed rate of interest. The investor agrees not to withdraw or access their funds for a fixed period of time. The interest is paid at the end of the investment period or maturity.
Last month in December, I have placed a 6 months fixed deposit with CIMB Bank that gives me an interest rate of 1.80% p.a. The good news is that CIMB Bank has maintained its interest …
Continue readingI previously wrote about The Best Fixed Deposits of December 2019. The CIMB Fixed Deposit promotion came at the right time and I just made a SGD Fixed Deposit placement with CIMB today for 6 months. …
Continue readingThis is the month of Christmas and also the last month of the year 2019. On top of the fixed deposits promotion that I have found last month in November, there is a new one …
Continue readingThe next holiday most of us are looking forward to is probably the Christmas Season. In the month of November, banks have launched their Fixed Deposit Christmas Promotion where we can look forward to some …
Continue readingAs the interest rate for Singapore Savings Bonds continue to fall, it is probably time to consider the traditional fixed deposit promotions. It is very difficult to decide which is the best fixed deposit promotion …
Continue readingAfter I wrote about the The Best Fixed Deposits of September 2019, one of my readers asked about the time deposit offered by Maybank as the interest rate offered is 2.00% per annum. I went to …
Continue readingAs this month’s issue of Singapore Saving Bonds disappoints us with an effective interest rate of 1.64% p.a. if you held it for a year, let us take a look at some fixed deposit promotions …
Continue readingIf the OCBC Bank Singapore National Day Savings Promotion didn’t attract you, you may be interested in the above Singapore Dollar Time Deposit promotion from Maybank. You can choose between a 9 months or 12 …
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