Category Archives for Savings
First Batch of Singapore Savings Bonds Available Today
The first batch of Singapore Savings Bonds will be available for purchase at 6pm today. For more details of the yield, you can check the SSB website from 330pm onwards. Roughly, it should be around: 1 year – 0.99% p.a. 2 years – 1.11% p.a. 5 years – 2.17% p.a. 10 years – 2.85% p.a. The […]
What You Need to Know About Singapore Savings Bonds
The recently announced Singapore Savings Bonds (SSB) has the potential to be a game changer for savers in Singapore. Details on how to buy them are not available yet but they are expected to be launched in the 2nd half of 2015, with a fresh issue every month. It’s an interesting product with a hybrid of […]
DBS/POSB Chinese New Year Cash Gift Promotion
Interest rates are creeping up and DBS/POSB is back with another top-up promotion just launched three days ago. They have called it the Chinese New Year Cash Gift Promotion. Simply top-up $1000 to $1,000,000 to your DBS/POSB account from other banks and you will earn 1.88% on that amount. The money that you transfer will […]
Fixed Deposits Promotions 2014
There was quite a fair bit of interest in my previous post on the POSB 1.5% p.a. savings promotion, so I thought I can update you on some of the other fixed deposit rates right now. Generally, interest rates are slowly creeping up with the end of qualitative easing in the US. These are some […]
POSB 1.5% Savings Promotion
POSB is currently running a promotion where they will give 1.5% p.a. interest on a topup to a POSB or DBS savings account. The topup amount can be between $1000 and $20000 and will earn interest at the rate of 1.5% p.a. for 6 months. How to Qualify Register by 22 Dec 2014. Complete a […]