Dear readers, 6 Jun 2022 is coming in just two days and needless to say, there will be ample of promotions of products and categories especially online.
As interest rates and savings become more attractive to individuals with the galore of high interests and returns, take for example the July 2022 Singapore Savings Bonds which will pay out an average interest of 2.71% per annum over a holding period of 10-years, there is now also a 6.6 promotion on fixed deposits!
That’s right, Hong Leong Finance will be having a 6.6 Fixed Deposit promotion for a minimum deposit of $60,000 and for a minimum 6 months.
Right now, the promotional interest rate is not revealed yet, but I believe the interest may also have a 6 somewhere in the quantum. Could it be 2.66% per annum?