Money Tips and Tricks Online

Money Lobang's National Average Fixed Deposit Rates is derived from a monthly national survey of fixed deposit rates at the largest consumer banks and finance companies in Singapore. The survey is conducted by collecting data for the highest fixed deposit rates for up to $75,000 deposits from each bank or finance company with 6 to 18 months tenure...

Swamped by the large number of financial products available? Tired of seeing non-relevant property listings in your property search? Use our Smart Search to narrow down your choices according to the criterias you have chosen. Choices offered are non-biased and are chosen with the user in mind. Users who are not satisfied with the choices offered or who want to see a larger number of products of property listings can proceed to see all other products or listings...

Fixed deposit accounts in Singapore offer a higher interest rate as compared to your basic savings deposit accounts. The difference has narrowed in recent months as fixed deposit interest rates dropped somewhat in 2024. Both rates are expected to ease off in the coming year as inflation wanes off.

The age-old adage that interest earned from bank deposits will never beat inflation rates has been aggressively advocated by financial advisors and well-publicised in mass media. However, if this statement is always right, then why do people even bother depositing money in banks? Everybody should just invest all their excess money in financial products and be able to live comfortably...

Banks reward credit card users (or rather entice them) with air miles or cash back in return for spending on their cards. Advocates of Mileage Credit Cards tend to shun the other camp (and likewise for Cash Back Credit Cards users). There will never be a clear-cut winner on which type of credit cards are better but understanding the following factors will give you a clearer picture on where you stand...

The best way and some say the only sensible way to utilise credit cards rewards points is to redeem them for air miles. It provides potentially more bang for bucks as compared to redeeming them for cash credit or shopping vouchers even if you use a credit card that earns 4 miles per $1 spend. With Singapore Airlines being our only national flagship carrier, it is natural for Singaporeans to trade their hard earned rewards points for KrisFlyer miles...

Everyone loves a freebie. Almost everyone loves to travel (if they can afford it). Add this two together and one can understand how an attention grabbing headline like "How to book Singapore Airlines First Class Suites for under $500" can attract or even inspire others to try to spend and collect enough air miles on their mileage credit cards to earn that illusive free flight for their dream holiday..

Get up to S$750 Cashback when you apply or refinance for an eligible property loan via MoneyLobang.com. Successful applicants for a property loan will receive cashback according to the amount of approved. Compare between various Property Loans and make a Loan Enquiry today.

While often seen as the poorer cousins of Cashback credit cards, Reward points credit cards are actually much more flexible than their well-publicised peers. Reward points can be used to redeem cash credit, air miles or vouchers from various merchants although they are mainly used for miles redemption. Reward points credit cards also usually do not have any monthly minimum spend...

SORA is the acronym for Singapore Overnight Rate Average and is the average interest rate that Singapore banks charge to lend to each other overnight. SORA is based on recorded past transactions and is more predictable and less volatile compared to other reference rates and hence is regularly used as a reference rate where loans are pegged to..

SORA, SIBOR, Fixed Deposit Linked Rates and Board Rates are some of the most common reference rates that Singapore banks peg their floating rate loans to. Other reference rates include SOR and Combo Rates. The reference rates are updated daily and may be the average of 1 month rates, 3 month rates, 6 month rates or even 12 month rates. Choosing a loan with the right reference rate can help a borrower save on loan repayments every month...

Singapore Savings Bonds (SSBs) are a type of specially-issued Singapore Government Securities (SGSs) that is meant for Singaporeans who want to increase their savings but at a risk-free way. This offer is exclusively available only for individual Singapore retail investors and aims to complement the other options available to grow their eggnest...

The latest issue of Singapore Savings Bonds (SSBs) have average yields of 2.73% per annum for a 1 year holding period and 2.86% per annum for a 10 years holding period. The minimum investment is $500 with a maximum holding of $200,000 at any point of time. The holding period for SSBs can be up to 10 years with investors being able to redeem their bonds at any point in time without any penalty...

SIBOR is the acronym for Singapore InterBank Offer Rate. In layman terms, it simply represents the interest rate that Singapore banks charge to lend to each other. SIBOR is regularly used as a reference rate where loans are pegged to. SIBOR is set daily (working days) by the Association of Banks in Singapore and is publicly available on Association of Banks in Singapore...

Caught the travel bug and itching to travel for the upcoming holidays? Well the bad news is that it is almost certainly too late to get cheap air tickets and you will probably do better substituting it with a road trip to Malaysia if you are on a tight budget. Instead of belating your luck, here are some ways on how you can beat the crowd in future and get cheap flights out of Singapore...