Fixed Deposit Promotion

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Fixed Deposit Promotion

Postby lee_yl » Wed Feb 25, 2015 11:14 am

http://www.posb.com.sg/personal/promotion/savings-promo

POSB Fixed Deposit @ 1.88% for 12mths. Last 3 days.

Fill in a form to pledge how much you would like to maintain in your normal POSB/DBS savings account or current account or joint account over next 12mths to enjoy 1.88%.

lee_yl
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Re: Fixed Deposit Promotion

Postby alng » Wed Feb 25, 2015 1:38 pm

for fresh funds only...can I withdraw the money out and then deposit again as FD? haha!

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Re: Fixed Deposit Promotion

Postby starlight1968sg » Wed Feb 25, 2015 1:39 pm

Looks like the FD interest rates are climbing.
Any FD promotion from UOB?
Thank you.

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Re: Fixed Deposit Promotion

Postby FantasyLandDreams » Wed Feb 25, 2015 3:01 pm

alng wrote:for fresh funds only...can I withdraw the money out and then deposit again as FD? haha!


Of course. Just withdraw cash out / via cashier order and deposit into another cheque book account of a different bank ( for example UOB) , then deposit back the UOB cheque will be considered 'fresh funds' from another bank already. Just that you need a little planning and turn around of 2 working days and the hassle of going to two banks on 2 consecutive days. Always work for me though. :siam:

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Re: Fixed Deposit Promotion

Postby FantasyLandDreams » Wed Feb 25, 2015 3:05 pm

starlight1968sg wrote:Looks like the FD interest rates are climbing.
Any FD promotion from UOB?
Thank you.


1.3% for a 13 month FD, min 20k, this promotion is until 28 Feb only:
http://www.uob.com.sg/personal/deposits ... b_lding_pg

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Re: Fixed Deposit Promotion

Postby lee_yl » Wed Feb 25, 2015 3:06 pm

alng wrote:for fresh funds only...can I withdraw the money out and then deposit again as FD? haha!



That's what i did yesterday! Took out the money from POSB and bank into my UOB acct. This evening, i will drop a cheque back to my POSB acct. That's "fresh funds", sounds like “洗黑钱”, haha.

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Re: Fixed Deposit Promotion

Postby alng » Wed Feb 25, 2015 3:08 pm

lee_yl wrote:
alng wrote:for fresh funds only...can I withdraw the money out and then deposit again as FD? haha!



That's what i did yesterday! Took out the money from POSB and bank into my UOB acct. This evening, i will drop a cheque back to my POSB acct. That's "fresh funds", sounds like “洗黑钱”, haha.


At most qualify as 洗钱” as the money is not 黑 to start with.

alng
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Re: Fixed Deposit Promotion

Postby FantasyLandDreams » Wed Feb 25, 2015 3:09 pm

starlight1968sg wrote:Looks like the FD interest rates are climbing.
Any FD promotion from UOB?
Thank you.


1.3% for a 13 month FD, min 20k, this promotion is until 28 Feb only:
http://www.uob.com.sg/personal/deposits ... b_lding_pg

FantasyLandDreams
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Re: Fixed Deposit Promotion

Postby FantasyLandDreams » Wed Feb 25, 2015 3:13 pm

alng wrote:
lee_yl wrote:
alng wrote:for fresh funds only...can I withdraw the money out and then deposit again as FD? haha!



That's what i did yesterday! Took out the money from POSB and bank into my UOB acct. This evening, i will drop a cheque back to my POSB acct. That's "fresh funds", sounds like “洗黑钱”, haha.


At most qualify as 洗钱” as the money is not 黑 to start with.


应该说是洗红钱吧,都是辛苦赚来的血汗钱! :laugh:

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Re: Fixed Deposit Promotion

Postby FantasyLandDreams » Wed Feb 25, 2015 3:38 pm

Looks like FD interest rate is really going up.
Bank of china FD is 1.38% for 6 months and 1.45% for 12 months. Minimum 50K. Rates as of today, 25 Feb 2015.

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