|
Details
Maybank Time Deposit and Deposit Account
Bundle Promotion
| $50k & above^ |
1.40% p.a. |
1.55% p.a. |
^ Excluding a min. deposit of $5,000 into a Maybank
account
Every $1,000 deposited into Maybank savings accounts will allow
a deposit of $10,000 into Maybank Singapore Dollar Dollar Time Deposit
account
Enjoy up to 1.55% p.a. on SGD Time Deposit with
a minimum placement of $50,000 in a Maybank Singapore Dollar Time
Deposit account and a minimum deposit of $5,000 into a Maybank Passbook
Savings, Privilege Plus Savings or Maybank
SaveUp Account
Click here
to go to Maybank website for more details about the bundle deposit
promotion
|
Reviews or Comments (9)
With the money deposit in time deposit and need some money is channel into the saving account which tis amount deposited cannot br draw out.. based on calculation is only 1.20+%..
I agree with Desmond Kwang that there is a risk with Malaysian banks especially under current economic climate plus these:
a) their local news reported several scandals where billions/millions of dollars "evaporated" from govt -linked Companies and their EPF (the equivalent of our CPF)
b) Rumour that their election will be held soon...their govt needs money to oil their election machinery.
You can Google for the above news.
Therefore , deposit $50 will do. Safer to stay with our SG local banks....big, strong and friendly.
Hi, as mentioned earlier, all deposits in any individual bank or finance company operating in Singapore are insured by the Singapore Deposit Insurance Corporation (set up by government) for a sum of up to $50,000. Hence, your deposits will be safe up to a limit of $50,000. Please refer to https://www.sdic.org.sg for more info.
Money Lobang - Thank you for your promt response
How about sing investment recent paper they give 2% for one year if I read correctly.
2% interest from Sing Investments is for a 2 year tenure. Please see http://www.moneylobang.com/sing-investments-fixed-deposit.php for more details