Anonymous

Edited 14d ago

∙

General Investing

Hi all, i got about $70,000 in cash. Any other bank rather than Dbs offer higher interest rate and the interest wont go down if more cash into fixed deposit?

I just wish to place into fixed deposit. Dbs interest rate goes down to 0.05% if more than $19999. Less than $20000 is 3.2%

Preferably normal bank as l heard about like stashaway simply guaranteed got some risks. Can anyone explain more about this.

Thank you.

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Financelearner

2d ago

I guess you can consider Trust Bank(up to 3.5% p.a.), Maribank (2.88% p.a.) until 30 June, GXS (2.68% p.a.)

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Francis

2d ago

I have to go down to DBS branch to get promo code in order to get higher FD interest rate for $19999.

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Olivia

7d ago

In general, when considering fixed deposit rates, it's important to compare the interest rates offered by different banks, as well as any terms and conditions that may apply. Some banks may offer promotional rates for new customers or higher rates for larger deposits. You can take a look at this comparison table of the rates provided by different banks in Singapore over the past 12-months.

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Eddy

9d ago

T bill

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Tan Yi Kim

9d ago

Trust, maribank etc....

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