Thursday, May 04, 2006

Flexi-Cash: Earn 3% or more for your savings (low risk)

NOTE: This is a preliminary announcement. This product
is targetted to be available by 1 Jun3 2006. More
details will be provided later.

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An innovate plan from NTUC Income.
Allows you to earn an attractive rate of interest.
Currently, around 3% per annum.

The interest rate will adjust according to the market.
You can earn more, as interest rate is expected to increase.
Very low risk - as the fund is invested in interbank and well rated floating rate notes.
No lock-in period - can withdraw at any time, without penalty.

Footnote:
The return will be based on the money market fund, less 0.25% p.a
Initial spread of only 0.1% (during launch promotion)
Minimum investment of $5,000
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1 comment:

Alex said...

Hi MR Tan,

I couldn't find more information on the mentioned product on your Income website.

Maybe one point of suggestion is to coordinate the timing of launch of webpage on the new product you mention in your blog.

Thank you!

May 05, 2006 11:17 AM

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