Any thoughts on what is the best term deposit rate on offer at the moment,…?

[mikey88]

Any suggestions greatly appreciated. I want to call on normal phone service….not internet etc?.

[farang9392]

BTS bond rate were good a few months ago, not sure if the subscription is still open, I think it varied from something like 2.75% to 4% on 9months to X years, can't remember exactly but seemed something for everyone.  My googling isn't helping, but check if its still on the billboards - youd probably have to call if in CM I guess

Edited May 28, 2023 by farang9392

[mikey88]

13 minutes ago, farang9392 said:

BTS bond rate were good a few months ago, not sure if the subscription is still open, I think it varied from something like 2.75% to 4% on 9months to X years, can't remember exactly but seemed something for everyone.  My googling isn't helping, but check if its still on the billboards - youd probably have to call if in CM I guess

Thank you….is there a minimum figure for deposits.

[farang9392]

9 minutes ago, mikey88 said:

Thank you….is there a minimum figure for deposits.

100,000baht from what I remember

[DFPhuket]

The Bank of Thailand site has updated data on Thai banks fixed deposit interest rates for 3, 6, 12 and 24 month terms. 

[Yme]

Thailand rates are crap. Go over to Cambodia and get 8% pa paid monthly. Hattha bank, owned by Krungsri is one option. As a non-resident you'll pay 14% tax on the interest so giving you an effective 6.88%, or thereabouts. If you're able to get a long term visa, eg, a retirement extension after your first 30-day visa expires, plus a rent receipt for say six months from a guest house and then open your TD you get residence rates of 6% interest. They only check your visa when you open your account. You can transfer the interest to yourself in Thailand each month using Wing for a few $$ using the bank and Wing's mobile apps.  

[wombat]

How much are shares in banks paying?

Like old mate always said...don't put money in the bank.

Buy the bank

[Yme]

And how did that work out for the SVB, First Republic and Credit Suisse stockholders? 

Edited June 8, 2023 by Yme

[Yme]

On 5/31/2023 at 2:02 PM, wombat said:

How much are shares in banks paying?

Like old mate always said...don't put money in the bank.

Buy the bank