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xiaocai7
April 5th, 2008, 10:00 PM
http://www.dbs.com/sg/personal/deposit/specialinv

Promotion
Get up to 6%p.a. on your S$ Fixed Deposit1 when you invest!

Simply invest a minimum of S$10,000 in selected investments to earn higher interest on your 3-month S$ Fixed Deposit1 as follows:

Investment amount Normal interest rates2 Promotional interest rates1
S$10,000 - S$49,999 0.425%p.a. 4.000%p.a.
S$50,000 - S$99,999 1.700%p.a. 5.200%p.a.
S$100,000 - S$199,999 1.700%p.a. 5.200%p.a.
S$200,000 - S$1m 1.700%p.a. 6.000%p.a.


Act fast as the offer is for a limited period only. To find out more or seek advice, speak to our Personal Financial Consultants today!

Terms and Conditions:

To enjoy this special 3-month Fixed Deposit rate, customers need to invest in selected unit trust(s), single premium insurance plan(s) or structured deposit(s). The Fixed Deposit must be placed using fresh funds only (i.e. funds from other banks) and must not exceed the investment amount, subject to a limit of S$1m. The interest rate is subject to change without notice. Other terms and conditions apply.
Normal interest rates as at 1 September 2006.


Notice on Deposit Insurance Scheme: Deposit accounts held by individuals and charities are insured by the Singapore Deposit Insurance Corporation for up to S$20,000 in aggregate across specified accounts for each depositor under the Deposit Insurance Act.




Any advise any risks involved?

JetStorm
April 5th, 2008, 10:39 PM
If it is a new product, I think the best way to seek out their RM and ask them.

Or better still if you have a friend who is a RM.

limster
April 6th, 2008, 09:00 AM
unit trust sales charge is 5%, no surprise why they can offer you high interest rate... take with one hand and give back with the other ;)