UOB fixed D offering 2.6% pa, valid till 30 Sep 2022

[chittychitty]

https://shrtcô.de/kjToqe

 

[laksaboy]

As long as the inflation rate exceeds the interest rate, it is pointless.

 

[hollowman]

Imho they should offer it only to min 100k depositor. Below that there is not much difference with the payout and wasting time for people like myself and creating havoc to poor sinkies.

 

[laksaboy]

Very interesting fixed deposit payout schedule.

I remember in the good old days when the interest rate 5-6%, you can choose to cash out at the 3-month, 6-month or 12-month maturity, longer duration means a higher interest rate payout.

There was no need to open any fixed deposit account, you just walked into a bank and it's like a one-time thing.

 

[Leckmichamarsch]

Very interesting fixed deposit payout schedule.

I remember in the good old days when the interest rate 5-6%, you can choose to cash out at the 3-month, 6-month or 12-month maturity, longer duration means a higher interest rate payout.

There was no need to open any fixed deposit account, you just walked into a bank and it's like a one-time thing.

now banks like DB Ass are punting against clients