Here are 3 Fixed Deposit Promotion in July 2023 that I wanted to share with you. Fixed deposits are a great way to park away your spare cash and collect interest at the end of the maturity period. It is basically almost risk free. Some of you always ask me to invest all my money in stocks but I like to diversify my cash and not to park all of them into stock investments. I have cash in insurance (endowments), Singapore Savings Bonds, stocks and fixed deposits.
What is Fixed Deposit?
A fixed deposit is a financial instrument provided by banks or non-bank financial institutions which provides investors a higher rate of interest than a regular savings account, until the given maturity date. – Wikipedia
UOB Fixed Deposit Promotion July 2023
UOB Fixed Deposit Promotion for July 2023 is offering you 2.70% per annum for a tenor period of either...