sound good... just put 20k in and happily take 400 a year back... like FD... hee... does it means that if i already have an account with Citibank, i just transfer the money from my existing account to open this account?

actually there are products out there providing better returns

e.g. like maybank's isavvy (mentioned), fundsupermart's cash account etc

one thing about the step-up a/c is you must step-up

if you withdraw then you lose interest

whereas those mentioned above, as long as you have money inside you will earn the interest regardless of amt or withdrawal

You guys may want to try e$aver under Standard Chartered Bank. The interest is 1.5% but the con is that no ATM card. Have to transfer money thru internet banking or at the counter but yeah it can help you to withdraw cash as and when you need and discpline yourself.

You guys may want to try e$aver under Standard Chartered Bank. The interest is 1.5% but the con is that no ATM card. Have to transfer money thru internet banking or at the counter but yeah it can help you to withdraw cash as and when you need and discpline yourself.

erm actually e$aver hor, can have 'ATM card'

but you must have an SCB credit card

just link the account to your SCB credit card and you can withdraw money from the ATM

another good a/c is also credit-related

it's the Amex Line of Credit

currently offering 2% on credit balance (or is it debit?)

Maybank's Isavvy is prob. better. 2.48% (after int on int) + ATM card. Min. $5k only. Disadv: Few ATMS, in case of bank runs, Malaysians get $ first.

Inflation in Singapore is already 2%.

$20,000, with 2%, not really worth it.

I rather you invest it in Raffles Education (for their shares, and take it out by the end of the year, from what I know, your yielf will be more than 2%).

shares are good investment coz of the dividends AND capital gains

but watch when are you entering the market

it's just like property, must buy low sell high

the market is kinda volatile recently, a sneeze of the china market almost crashed the local market in feb...

shares are good investment coz of the dividends AND capital gains

but watch when are you entering the market

it's just like property, must buy low sell high

the market is kinda volatile recently, a sneeze of the china market almost crashed the local market in feb...

agreed with u! put in shares especially property or construction related shares should do well especailly with the IR construction and F1 coming (for retail will be good next year).

or if u like slow growing dividend stocks, there are some like ST engineering, SPH, Heong Leong finance that give pretty good dividend.

Retail stocks like FJ Benjamin, Lifebrandz into entertainment will also do well.

property counters like Wingtai, Ho Bee will be good and not too expensive at the moment.Mid tier property developer like Hiap Hoe, Chip Eng Seng, Sing holdings should also see upside.

Hmm, Fundsupermart cash fund is dropping below 2% interest... any other recommendations?

Hmm, Fundsupermart cash fund is dropping below 2% interest... any other recommendations?

StanChart E-Saver.

2%p.a.

then again, how long before you need to find another high-yield account? lol.

StanChart E-Saver.

2%p.a.

then again, how long before you need to find another high-yield account? lol.

Stanchart E-saver adjusted their rates down recently. Don't thinks its 2% anymore

amex LOC still paying 2%

e-saver only paying 1.5%

apologies. 50k above is 2%..

my apologies.

Anyone tried Treasury Bills ? Does it provide good returns ?

Anyone tried Treasury Bills ? Does it provide good returns ?

can try olam bonds... 1 year bond.. yield to maturity have abt 3.1%p.a.