As you know, some banks have savings deposit promotions that offer higher interest rates for a short period of time. The caveat, however, is that the funds must be fresh deposits from some other banks. Previously, although Maybank had such promotions, I was not too keen on moving funds across banks to take advantage of them. This is because effectively, you could only enjoy the promotional rates only half the time, as you have to keep the funds in other banks the other half of the time. But when UOB (where I also have an existing savings account) joined the battle for fresh funds in May, I decided it was now worth the efforts to two-time the banks and enjoy promotional rates for almost the entire year. After all, there are no rewards for being a loyal long-term depositor to the banks! The reason why you can enjoy promotional rates almost round ......