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 …
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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.
OCBC 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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Chinese New Year 2017 Fixed Deposit Promotion
Banks usually offer higher promotional interest rates during Chinese New Year. Standard Chartered Bank seems to be the first mover that launch its Chinese New Year 2017 Time Fixed Deposit promotion. CIMB did not offer …
Continue readingWhy I Close My Citibank Step Up Interest Account
Today, I went to Citibank branch at Church Street to close my Citibank step up interest account and withdraw the balance. First, I filled up the account closure form at the customer service counter. Apparently …
Continue readingPOSB Offers you 1.38 percent per annum interest but only 4 months
When I alighted at the MRT station to work, I notice there is a long queue and most of them are elderly aunties and uncles. Overhearing the conversation, I realise they are queuing up for …
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