facebookHi! I have about $40k of funds not needed for 6 months. Any recommendations where I can put in to (FD or sth) to earn interest. Thanks! Already on ocbc and uob savings accounts - Seedly

Advertisement

Anonymous

11 Apr 2023

General Investing

Hi! I have about $40k of funds not needed for 6 months. Any recommendations where I can put in to (FD or sth) to earn interest. Thanks! Already on ocbc and uob savings accounts

Discussion (23)

What are your thoughts?

Learn how to style your text

Unless your bank's fixed depost give you a better rate, I feel T-bills will be the safest and most reliable. You will get back $40k after 6 months.

FDs the current rates for Cimb should be not bad

Or Standard Chartered eSavers Account (https://www.sc.com/sg/save/savings-accounts/esaver) - which gives 3.80% p.a. interest for fresh funds?

View 2 replies

How about HSBC eGA Account - which even offers quite a good interest rate (compared to FD) ?...

Write your thoughts

Advertisement