The latest Singapore Savings Bond (“SBSep17“) is offering 2.12% effective interest rate over a ten years period. Many people have been lamenting about the low interest rates and I also think the Singapore Savings Bond …
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Category: Money Management
Money management tips and tricks. There are many financial products out there such as Singapore Savings Bonds, Fixed Deposits, Endowment Plans, Insurance Savings Plan etc.
May 2017 Singapore Savings Bonds is 2.32%
If you have followed my blog post on Singapore Savings Bonds, you will know that I have bought Singapore Savings Bonds in October 2015 where the effective interest rate is 2.63%. Time flies and I …
Continue readingApril 2017 Singapore Savings Bonds is 2.27%
The effective interest rate for April 2017 Singapore Savings Bonds is 2.27%. Seems that interest rate is declining but it still beats the traditional fixed deposits. Banks are also slashing its interest rates. A good …
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OCBC 360 Account Makes Earning Additional Interest More and So Complicated
Today, I received an sms from OCBC regarding its changes to the OCBC 360 account. The website says “upgrading the way you grow your wealth” but I think its downgrading the way I grow my …
Continue readingOCBC Bank Makes It Easier to Buy Singapore Savings Bonds
The effective interest rate for March 2017 Singapore Savings Bonds is 2.38%. It seems that it is now easier to buy Singapore Savings Bonds. When I logged in to OCBC Personal Internet Banking, I noticed …
Continue readingStructured Deposit vs Fixed Deposit
While searching for Chinese New Year fixed deposit promotions, I came across the above promotion advertised. The bank is offering structured deposit that offers up to 12.1% returns over 6 years. It sounds very attractive …
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