Q: I'm planning to put some funds into a fixed deposit now that the US Fed has raised rates. How can I maximise the rate that I earn? What makes more sense if rates rise further - a tenure deposit of eight months or 24 months?
The wealth of fixed-deposit promotions flooding the market means there is a relatively attractive interest rate for each tenure.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
