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Best Time Deposit Offers?

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  1. #1

    Join Date
    Jun 2021
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    15

    Best Time Deposit Offers?

    As you may have heard of the 3.4% time
    deposit interest rate for the bank BEA, do you think it is safe and worth moving my funds in the BEA Bank that I’m not familiar with?

    Thanks guys!


  2. #2

    Join Date
    Dec 2002
    Location
    薄扶林
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    43,644

    Wait a week or two.

    All funds in time deposits and other banking (savings / current) are protected upto 500K.

    Look at DBS before you go for BEA

    aw451 and pin like this.

  3. #3

    Join Date
    Jun 2021
    Posts
    15
    Quote Originally Posted by shri:
    Wait a week or two.

    All funds in time deposits and other banking (savings / current) are protected upto 500K.

    Look at DBS before you go for BEA
    Thank you! Definitely, I’m going to take a look at it😇!

  4. #4

    Join Date
    Jun 2021
    Posts
    15
    Quote Originally Posted by shri:
    Wait a week or two.

    All funds in time deposits and other banking (savings / current) are protected upto 500K.

    Look at DBS before you go for BEA

    I just checked on DBS. A 12 month period, 100,000HKD, 3% rate.

  5. #5

    Join Date
    Dec 2002
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    Wait a week or two to see how the local banks react to the fed hike this morning.


  6. #6

    Join Date
    Jun 2021
    Posts
    15
    Quote Originally Posted by shri:
    Wait a week or two to see how the local banks react to the fed hike this morning.

    Okay. Will do

  7. #7

    Join Date
    Nov 2005
    Location
    Cramped island
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    5,118

    BEA usually higher than dbs and other local banks..


  8. #8

    Join Date
    Jan 2020
    Posts
    202

    My RM just called me this morning. Tried to get me to visit him to tell me about the all new high rates on fixed/time deposits.


  9. #9

    Join Date
    Jun 2021
    Posts
    15
    Quote Originally Posted by freeier:
    BEA usually higher than dbs and other local banks..
    This is what I have figured. BEA has the highest rate so far.

  10. #10

    Join Date
    Jun 2021
    Posts
    15
    Quote Originally Posted by Giggsy:
    My RM just called me this morning. Tried to get me to visit him to tell me about the all new high rates on fixed/time deposits.

    RM might give you some additional special offers.
    achanster and Giggsy like this.

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