Sunday, July 23, 2006

Attractive Fixed Deposits

With the interest rate war hotting up, there are now many banks offering very attractive rates for your SGD funds sitting in the bank doing nothing:

For your cash in the bank
1. Standard Chartered Bank SGD Time Deposit - 3.2% for a 9 or 18 month deposit (min $30k deposit) (offer till 31 Jul 06)
2. Citibank Unfixed Deposit - 2.68% for a 6 or 12 month deposit(min $30k deposit, any withdrawal you earn 1.88% on the withdrawn amt)

For your CPF funds
1. OCBC Bank - Offering 3.258% for CPF funds deposit (min $10k) for a 10 month deposit. Current CPF interest rates at 2.5%, this offer represents close to a 50% more interest on your CPF idling funds.

Don't wait, catch these offers to get a better value for your $$$

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