Dear readers, Hong Leong Finance is offering Fixed Deposits returns ranging from 1.80% to 1.85% per annum.
For a 12-month holding period, fixed deposit returns is 1.80% per annum for $20,000 to below $100,000; while the returns is 1.85% per annum for $100,000 and above.
The fixed deposit returns of Hong Leong Finance for shorter holding periods is below:
For a 6-month holding period, fixed deposit returns is 1.70% per annum for $20,000 to below $100,000; while the returns is 1.75% per annum for $100,000 and above.
For a 3-month holding period, fixed deposit returns is 1.60% per annum for $20,000 to below $100,000; while the returns is 1.65% per annum for $100,000 and above.
The fixed deposit return of 1.85% per annum for a 12-month holding period is one of the highest in town. On comparison, Aug 2019 Singapore Savings Bonds offers 1.68% for the first year of holding.
And if we further distil down to just the local Singapore banks, Hong Leong Finance’s 1.85% per annum return is the highest in Singapore.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!