Personal Finance
The Best Interest Rate This Xmas
By Living Healthy, Staying Wealthy  •  November 25, 2011
Walked past a HSBC roadshow recently, and they were offering 0.9% p.a. interest on a SGD 3 month time deposit. That is way higher than most banks for such a short duration fixed deposit (FD). In addition, they are giving a limited edition HSBC NETS CashCard pre-loaded with up to $500. Just a side track question, what in this world is not "limited edition"? Once something stops production, it is also "limited edition", what realistically lasts forever in the physical world? Will this NETS CashCard be worth more in future? Anyway, let's get back to talk about the tangibles, like reading the * Important note and "up to". Well, I do not qualify for the Premier class, so I'll stick to review the Advance class. It offers a 0.8% p.a. rate for the same SGD 3 month FD. It gives a $28 CashCard (reasonable to equate ......
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By Living Healthy, Staying Wealthy
Aaron Lau is a Independent Financial Adviser licensed by the Monetary Authority of Singapore to provide financial advice to individuals in Singapore. The main reason he is in the Financial Advisory industry is to share what he has learned after studying and comparing the various insurance and investment instruments in the market. He strongly feels that proper, quality financial planning is important to all individuals and sincerely would like to reach out to help as many as possible.
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