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finance company

• dave101

  3 Dec 08, 11:01

  I'm thinking of opening a fixed deposit account with Singapura Finance since it offers better interest rate than most banks, but I'm not sure if placing money in finance company is more risky than bank. Anyone can advise? Thanks

• eagle

  3 Dec 08, 11:03

  What's the interest rate?

• maxtor

  4 Dec 08, 23:05

  Hi, how much are you planning to put in your fixed deposit ?

• limpshaggy

  10 Feb 09, 15:42

  Finance company i think is not as safe as bank, for example, anything happen, Govt i think less likely to bail Singapura compared to say POSB/DBS. just my 2 cents.

• JerryYan

  10 Feb 09, 15:45

  i put fixed deposit in ntuc income where they giving 2% interest for 2 yrs

  more secure & also cover under insurance  

• lianamaster

  12 Feb 09, 23:02

  How about MySavings at POSB?