[Part 3] Fixed Deposit Rates (Sing Dollar) – Which is the best deal around?

It’s been a couple of months since I checked out the fixed dep rates for Sing Dollar. And I am disappointed that the rates had fallen quite drastically as compared to 5-6 months ago. See my prev review (in Sep 07) on the fixed dep rates for comparison

Here’s an illustration of the fixed dep rates for 12 month tenure.

I am surprised that DBS offers one of the best rates for deposits >$50,000 (and comparable to finance firms like HL Finance). Normally, the rates by the 3 big local banks would be lower than those offered by Citibank and finance houses like HL Finance and SingInvestments.

Note: The analysis is done purely for my own reference. For details, you might wish to check with the bank directly.

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[Part 4] Fixed Deposit Rates – Which is the Best Deal Around?

[PART 2] Fixed Deposit Rates – Which is the Best Deal Around?

Last month I did a comparison on the best fixed dep rates around. And in my analysis at that time, Citibank offered the best deal. Well, the interest rates had gone up this month for Citibank Fixed Dep.

	3 months	6 months	12 months
>$10,000	2.00%	2.08%	2.18%

 Quite attractive rates huh.

Rates are valid till 30 Sep 2007.

PS: I am not an employee of Citibank nor am I in any way related to them. The analysis is done purely for my own reference. For details, you might wish to check with the bank directly. Btw, I only check out the rates for >$10,000. You may wish to check with the bank directly if you are interested to know the rates for higher amounts park in.