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Local Savings Interest-Rates War Exploded on 1st Sept 2022 among banks - loan interest-rates expected to raise further

Byebye Penis

Alfrescian
Loyal
CIMB Singapore challenging SSB now (up to 2% for no lock-in period).
They are revising rates for their current account (can withdraw anytime) from Sept 1 - up to 2%pa
https://www.cimb.com.sg/content/dam...s-revision-/casa-rates-revision-faq-sep22.pdf

CIMB STARSAVER for rich folks like @zhihau @glockman @strawberry @sweetiepie 's uncle, @eatshitndie
First $100,000 1.00-1.05%pa
Next $150,000 1.5-1.55%pa
Above $250,000 2.0%-2.05pa

CIMB FASTSAVER Account - for humble folks like @JohnTan and SOS.
First $25,000 1.1%pa
Next $25,000 1.5%pa
Next $25,000 2.0%pa
Above $75,000 0.8%


Remarks:
1. No lock-in period, early account closure fee may apply, min maintain $1000 daily balance.
2. Towkay @JohnTan is not poor, he is just not cash-rich, invested his money back to his business and properties.
3. Please kindly note that SDIC only insures deposits up to $75000 per bank per customer (all accounts combined).
 

Johnrambo

Alfrescian
Loyal
stanchard fixed D now is 2.6% for min placement of 200K, ICBC fixed D is now 3.15% for min placement of 5K

https://shrtcô.de/rkb6Bd
 

SBFNews

Alfrescian
Loyal
CIMB Singapore challenging SSB now (up to 2% for no lock-in period).
They are revising rates for their current account (can withdraw anytime) from Sept 1 - up to 2%pa
https://www.cimb.com.sg/content/dam...s-revision-/casa-rates-revision-faq-sep22.pdf

CIMB STARSAVER for rich folks like @zhihau @glockman @strawberry @sweetiepie 's uncle, @eatshitndie
First $100,000 1.00-1.05%pa
Next $150,000 1.5-1.55%pa
Above $250,000 2.0%-2.05pa

CIMB FASTSAVER Account - for humble folks like @JohnTan and SOS.
First $25,000 1.1%pa
Next $25,000 1.5%pa
Next $25,000 2.0%pa
Above $75,000 0.8%


Remarks:
1. No lock-in period, early account closure fee may apply, min maintain $1000 daily balance.
2. Towkay @JohnTan is not poor, he is just not cash-rich, invested his money back to his business and properties.
3. Please kindly note that SDIC only insures deposits up to $75000 per bank per customer (all accounts combined).
I don't want to die with money still lying on earth when I am fucking already dead.

i am still looking for a strategy to utilise my money to an optimal near zero at the momemt I drop dead. Any idea how I can achieve this?
 

glockman

Old Fart
Asset
CIMB Singapore challenging SSB now (up to 2% for no lock-in period).
They are revising rates for their current account (can withdraw anytime) from Sept 1 - up to 2%pa
https://www.cimb.com.sg/content/dam...s-revision-/casa-rates-revision-faq-sep22.pdf

CIMB STARSAVER for rich folks like @zhihau @glockman @strawberry @sweetiepie 's uncle, @eatshitndie
First $100,000 1.00-1.05%pa
Next $150,000 1.5-1.55%pa
Above $250,000 2.0%-2.05pa

CIMB FASTSAVER Account - for humble folks like @JohnTan and SOS.
First $25,000 1.1%pa
Next $25,000 1.5%pa
Next $25,000 2.0%pa
Above $75,000 0.8%


Remarks:
1. No lock-in period, early account closure fee may apply, min maintain $1000 daily balance.
2. Towkay @JohnTan is not poor, he is just not cash-rich, invested his money back to his business and properties.
3. Please kindly note that SDIC only insures deposits up to $75000 per bank per customer (all accounts combined).
Hwah, interest rates are going up and up. Gotta make sure my stable of girls work harder, so I can deposit more money in the bank! :biggrin:
 

glockman

Old Fart
Asset
I don't want to die with money still lying on earth when I am fucking already dead.

i am still looking for a strategy to utilise my money to an optimal near zero at the momemt I drop dead. Any idea how I can achieve this?
Invest in crypto. It will go to near zero in time, without you needing to do anything!:thumbsup::biggrin:
 

ftan42

Alfrescian
Loyal
For a start, GXS Bank customers can deposit up to only $5,000 into the savings account and earn daily interest of 0.08 per cent per annum.
 

winners

Alfrescian
Loyal
I don't want to die with money still lying on earth when I am fucking already dead.

i am still looking for a strategy to utilise my money to an optimal near zero at the momemt I drop dead. Any idea how I can achieve this?
But how are you going to know when you will die?
 

hollowman

Alfrescian
Loyal
I think many kiasu sinkies either keep swapping banks whenever they see a higher interest and forgo the initial deposits and some keep putting the 1 mth term.
 
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