Best Interest Rate ?

[pepi1]

Can anybody tell whats the best interest savings rate in Thailand. Which bank etc. From my quick look they seem so low.

Thank you.

[fxm88]

http://www.bot.or.th/bothomepage/databank/.../interest_e.asp

[peter991]

Quite a variation in interest rates shown in the above link. In Bangkok this week, one bank branch in Big C showed:

Resident: 2.5%

Non-resident: 0.0%

I guess if you can get interest on your savings, shop around for the best rate.

Peter

[JetsetBkk]

I wouldn't "save" in a Thai bank if I were you. Keep it out of the country if you can.

[pepi1]

Thanks guys. At the moment in UK you get 6%. Just thought it might be similar in Thai.

I can understand why nobody wants to invest in Thailand. Savings or property

[paulsmithson]

Keep it in the UK. I need to have some money here for visa purposes etc and am currently getting under 3 %

[likewise]

Keep it in the UK. I need to have some money here for visa purposes etc and am currently getting under 3 %

Same here. 2.25 on a fixed account

[dave111223]

Interest rates here suck. I get 5% just in my Paypal account.

I went to the bank the other day to ask about 1 year fix deposits and the rate was like 3.5% (1.5% below my checking account! <deleted>!)

I did see something interesting the other day at TMB though. They had this sign up about buying bonds in a new Major (cineplex) project, and 8% interest. I was really interested until they told me the deal had expired the day before :'(

But if you keep your eye open for stuff like that you could get a nice return.

Edited June 29, 2007 by dave111223