ic.. i thought its still a decent tenor.. especially if its some cashflow planned for next feb/march.. e.g. tax or whatever else..
its usually those 1mth and 2mth that are more annoying..
that said, if you really want longer tenor you would be talking about 2y/3y types.. which require bonds.
6 months is plenty. I prefer 3 months.
Well like I said DBS does not distinguish between new and old funds. The great time deposit rates always apply. If you need to move funds from one bank to the other, I believe you can only transfer USD, HKD and CNY. All 3 accounts are eligible for current/chequebook as well. I don't believe any other fund offers this. You can always wire the money too I guess at a fee.Original Post Deleted
Short-term time deposits still add up, the amount for 3 months might be smaller, but it's also good to have the liquidity. If you lock up 1-2 years, you have to take a hit if you need the cash early. I am encountering that right now and might need to pull back a couple TD's early for something I bought.