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If you want to place more cash for the a fixed deposit, what can be done as an alternative are unlock some other repaired put membership. Just remember that , the eye rates to your the fresh fixed deposit account you’ll differ according to the bank’s current hop over to this web-site promotion. Marketing repaired deposit interest levels might also have high minimum deposits required, including S$ten,100000 or S$20,100. You need to be prepared to deposit one matter for the specific tenure to appreciate those people rates of interest. Both repaired deposits and SSBs require you to purchase a predetermined sum of money, to have a fixed time frame to earn production.
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