came across this DBS/POSB promo.. all you need is to fulfill $4800 for 6months. which is not exactly difficult to hit…
base on my calculation, it is 2.08% pa. which is as good as it gets in current FD markets. most of the banks gives you 2%, but you need to be priority banking member or higher tier, with a min 6-digit outlay for 9-12 months.
the best thing is that everything is done online, and the deduction is automated too. so there is no need to dropby the branch. takes you 10min, or 15min max, to set everything up.
to some, $50 may not be much, but hey, in this economic climate. every cent counts. 50 buckeroos can buy a weeks worth of groceries?