Dear readers, retail investors and savers are spoilt for choices these days with so many good fixed deposit products offering an average of 2% to 3% interest per annum.
Often these products come with a minimum one-year holding period and also penalty fees for early withdrawals. Hence, retail investors have to think twice before putting their monies in these fixed deposit product in case they need the capital back before the maturity of the fixed deposits.
For individuals who prefer a short-term fixed deposit, the 8.8 Fixed Deposit Promotion by Hong Leong Finance may be worthy for consideration.
With a minimum $68,000 deposit, retail investors get to enjoy a high interest rate of 1.88% per annum for a 8-month fixed deposit. For more details, visit the Hong Leong Finance Fixed Deposit promotion webpage now.