qotion newsletter template
4th Sep 09
Hello Qotion Member,
In today's news, credit card customers will soon have their card liability capped at $100 per card. Thanks to one Ms Tan who lost $17,000 and the local newspapers that covered the story, and the many people that aired strong views about the issue, the policies will finally change.
 

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  • It takes the collective effort of fraudsters that wanted 3 Rolex watches, and willing people to tell their story. Not to mention the effort by the Association of Banks to change this long-standing industry practice. 
     
    As more Singaporeans are introduced to credit, plastic and more frequently travelling around the world, or just making online payments, our credit cards are now a 100 times safer. At least in Ms Tan's case that is. 
     
    We're hiring
    Qotion's been around and the prospects are getting more exciting. If you're web savvy, financially adept and have a strong sense of community, we want to hear from you. Do send us an email at team@qotion.com
     
    What say you?
    Just last week, we asked the question, "Are local fixed deposit rates too low?". Of 38 people that responded so far, 71% think that the rate should be higher, or their money deserves a better return on a deposit.
     
    We'll keep the poll open. We have yet another question of the week here. 
     
    Tell us what you think =)


    Yours Sincerely,
    Michael Zhan
    Founder, Qotion.com


    Weekly Rates Updates

    This week's top 5 credit lines

    Bank of China MoneyPlus
    1.406% p.m.
    RBS Postline
    1.44% p.m.
    RBS Moneyline
    1.44% p.m.
    HSBC Personal Line Of Credit
    1.48% p.m.
    UOB CashPlus
    1.48% p.m.
    See More Rates

    This week's top 5 personal loans

    UOB Personal Loan 12 mths
    9.99% p.a.
    Citi PayLite Loan 24 mths
    10.91% p.a.
    UOB Personal Loan 48 mths
    13.60% p.a.
    Citi PayLite Loan 60 mths
    13.93% p.a.
    HSBC Personal Loan 84 mths
    15.00% p.a.
    See More Loans
    This week's top 5 local time deposits

    Maybank SGD(36 mths)
    1.3125% p.a.
    Stanchart SGD(60 mths)
    1.25% p.a.
    Maybank SGD(24 mths)
    1.1875% p.a.
    Maybank SGD(12 mths)
    0.875% p.a.
    Maybank SGD(6 mths)
    0.625% p.a.
    See More Local Deposits

    This week's top 5 foreign time deposits

    OCBC AUS Dollar(12 mths)
    4.2275% p.a.
    OCBC AUS Dollar(6 mths)
    3.2275% p.a.
    OCBC AUS Dollar(3 mths)
    2.6375% p.a.
    OCBC AUS Dollar(2 mths)
    2.6375% p.a.
    OCBC AUS Dollar(1 mth)
    2.6375% p.a.
    See More foreign deposits
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