CORRECTION!

Effective rate 3.93% p.a. FOR 3 MONTHS!

Time to go APR (effective rates for 12 months)!


oh oh....here we go again....

APR 4.7058% for AmBank looks great. 2 years is risky, given FED/BOE will raise 50basis and 100basis points respectively by end-2016.

Alpha of 50 basis points.

There are only 3 things that is important to this thread.

1) Expectations/Forecast of interest rates
2) APR (or p.a. basis) of board rates/promo rates
3) Net FD interest, which means interest received less incidental costs incurred, not to mention the impact of withholding tax.

1 definately not even discussed here
2 definately not even discussed, and if so highlighted, not comprehensible by majority.
3) brought up some time ago, and now ding dong abt it again. (excl. withholding tax)

The only thing that keeps this section of LYN alive is the info. on promo rates from different banks.

Master this 3 items, then I would say this thread would offer best advice.