Which bank has the highest interest rates now

• alancia

  17 Sep 09, 20:13

  As mentioned above.

   

  And what is the interest rate that the bank is offering

• JerryJan

  17 Sep 09, 21:26

  I got FD for a yr at 12.8 %

  but gotto buy an Insurance policy of same annual amount 

• alancia

  18 Sep 09, 09:22

  Originally posted by JerryJan:

  I got FD for a yr at 12.8 %

  but gotto buy an Insurance policy of same annual amount 

  which bank is that?

• nightzip

  18 Sep 09, 09:26

  12.8%???!!

  Woah! Huat ah...!

  Investment bank? or Structured products?

• nightzip

  18 Sep 09, 09:27

  Even our beloved Bernie gives out only a stable 10% every year.

• alancia

  18 Sep 09, 09:30

  Originally posted by nightzip:

  Even our beloved Bernie gives out only a stable 10% every year.

  what is Bernie?

• nightzip

  18 Sep 09, 15:28

  Bernard Madoff loh...

• eagle

  18 Sep 09, 15:31

  Originally posted by nightzip:

  12.8%???!!

  Woah! Huat ah...!

  Investment bank? or Structured products?

  Those are only if you buy unit trusts or  insurance through their agents.

  Then you get to put in their fixed D... One-off event.

  And if u buy say 30k UT, I think u can only put 30k into fixed D

• EarlNeo

  18 Sep 09, 15:45

  those so call "low" risk structure product?? mini bond? 

• nightzip

  18 Sep 09, 18:05

  Ohh....ic, thought are those "hell" notes 5 or 6 or something.  

• JerryJan

  5 Dec 09, 02:46

  Originally posted by alancia:

  which bank is that?

  Standard Chartered

  i invest $10k in insurance & $10k in FD

• maxtor

  5 Dec 09, 03:20

  Originally posted by JerryJan:

  Standard Chartered

  i invest $10k in insurance & $10k in FD

  Are u sure it's for a year? not 1st month only?

  Plus u must be a very rich person.

  Your 10k a year is what we call a regular premium, means u pay 10k a year for god knows how many years ....

• maxtor

  5 Dec 09, 03:24

  btw highest interest rates for bank now is CIMB with their Starsaver account with 1.2%. heard rumours that State Bank of India may be offering a 1.5% p.a. soon. (or have they already?)

• JerryJan

  5 Dec 09, 22:02

  Originally posted by maxtor:

  Are u sure it's for a year? not 1st month only?

  Plus u must be a very rich person.

  Your 10k a year is what we call a regular premium, means u pay 10k a year for god knows how many years ....

  premium not $10k a yr cos 2nd yr can get 50% payback

  so i just gotto pay $5k/yr & get back principal with interest end of period

• keeptouch

  5 Dec 09, 22:10

  Originally posted by maxtor:

  btw highest interest rates for bank now is CIMB with their Starsaver account with 1.2%. heard rumours that State Bank of India may be offering a 1.5% p.a. soon. (or have they already?)

  
  State bank of india is offering the highest interest rates now?

• 4sg

  5 Dec 09, 22:17

  I was told that if u put yr money in other currency to earn higher interest, the greater risk u is to watch out for currency fluctuation, ie exchange rate loss.

• 105090

  5 Dec 09, 22:32

  buy stocks such as reits... that time suntec-reit was about 55cents, dividend is about $115 per year. works out to 20% p.a. with a chance of price gain

• lianamaster

  9 Dec 09, 16:02

  Haiz,

  Now everybody is talking about the CMI rates that our lovely banks are giving.

• bladez87

  9 Dec 09, 16:27

  can try cimb or something which is offering around 1.2% . and rhb which is offering .7-.8.

• Golder

  26 Feb 10, 17:46

  I invested in Gold and got 1.5% return per month, that is 9% for 6 months. Rec'd half ot the return already....  hee hee 

• likeyou

  26 Feb 10, 18:52

  So which bank give a good interest rate for SAVING account?

• bladez87

  26 Feb 10, 23:04

  u can still try cimb or rhb