Sep 13 2024, 10:30 AM
QUOTE(TOS @ Sep 12 2024, 02:55 PM)
Don't be fooled by that. I looked at that before, I don't post it in Lowyat because if you read the terms and conditions... https://www.cimb.com.sg/content/dam/cimbsg/...a-3.3-sep24.pdf
a) the bonus interests will be paid in December
b) you must maintain the miminum 5k SGD EVERY DAY above the benchmark to earn the bonus interests. This is no different from a fixed deposit...
The IRR is never as high as 3.5% p.a... more like 2.5-2.75% p.a. only. Fullerton SGD cash fund (purchased via Moomoo/WiseSaver/FSM One etc.) will yield better rates with more flexibility.
They fooled me once last year, not gonna be fooled by them again this year.
i got it at 3.2% at MBB Sg Time Deposit for Half yeara) the bonus interests will be paid in December
b) you must maintain the miminum 5k SGD EVERY DAY above the benchmark to earn the bonus interests. This is no different from a fixed deposit...
The IRR is never as high as 3.5% p.a... more like 2.5-2.75% p.a. only. Fullerton SGD cash fund (purchased via Moomoo/WiseSaver/FSM One etc.) will yield better rates with more flexibility.
They fooled me once last year, not gonna be fooled by them again this year.
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