qotion newsletter template
28th Aug 09
Hello Qotion Member,

It's the close of August and the weekend just a cinch away. Let's look to September and the final quarter for better returns this year. 

We have the following Question of the Week for readers out there:

ARE LOCAL FIXED DEPOSIT RATES TOO LOW?

Latest News Headlines

  • LTA to halve $10,000 deposit for COE bids
  • New financial education body formed
  • Prime home prices may rise 18% by end 2010
  • Tan Kin Lian launches new consumer body
  • Demand for mass market homes stable:Wing Tai
  • I remember at the end of the first quarter, we polled the Qotion community about setting up of a Financial Services Consumers Association (FISCA). Thank you for the response then. It's official - FISCA is launched. There are some folks who have the means to contribute and the experience to guide fellow consumers, you can sign up at the website to help out using the link below:

    http://www.fisca.sg/events

     

    My personal favourite news headline of this week:

    "Figures add up nicely for Great Eastern Life"


    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.
    OCBC EasiCredit
    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.
    HSBC Personal Loan 60 mths
    15.00% 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)
    1.875% 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)
    4.0375% p.a.
    OCBC AUS Dollar(6 mths)
    3.1875% p.a.
    OCBC AUS Dollar(3 mths)
    2.7875% p.a.
    OCBC AUS Dollar(2 mths)
    2.6875% p.a.
    OCBC AUS Dollar(1 mth)
    2.5875% p.a.
    See More foreign deposits
    © 2009 Qotion. All rights reserved.
    ;