billaaa777 Posted December 16, 2023 Share Posted December 16, 2023 I am really tired of not making any money on the funds I have in my Thai Banks. I tried to check online and the best I could come up with a savings account at SCB called "EZ Savings" which pays 1.5%. WOW, really, I guess it better than the almost nothing I have been getting. OH please, if anybody can beat that please let me and I am sure quite a few others know what it is and what bank offers it. Not only savings but safe money market too. Thanks in advance. Link to comment Share on other sites More sharing options...
beautifulthailand99 Posted December 16, 2023 Share Posted December 16, 2023 I'm intersted in this as well as my wife has a lot of cash on account at the moment having sold a condo and gold and this account - stingy as it is seems to the best safe option. Link to comment Share on other sites More sharing options...
mark5335 Posted December 16, 2023 Share Posted December 16, 2023 Last month I opened a 14 mth FD with Krungsri getting 2.2% p.a., and recently I noticed that they have been advertising a 9 mth FCD in USD at 5.2% p.a. 1 Link to comment Share on other sites More sharing options...
PJ71 Posted December 16, 2023 Share Posted December 16, 2023 i've researched this and have decided to send some of my money to uk, easy to get 5-6% there. here, i'm even surprised the OP was offered 1.5%, that might only be for Thais. Although gold is a good hedge and safe, there's no annual returns ( unless you're buying and selling with the spread ) it's really not a good investment. 1 Link to comment Share on other sites More sharing options...
PJ71 Posted December 16, 2023 Share Posted December 16, 2023 1 minute ago, mark5335 said: Last month I opened a 14 mth FD with Krungsri getting 2.2% p.a., and recently I noticed that they have been advertising a 9 mth FCD in USD at 5.2% p.a. Some of these offers are on for Thais. Link to comment Share on other sites More sharing options...
beautifulthailand99 Posted December 16, 2023 Share Posted December 16, 2023 The Krunsri angle was discussed here. Link to comment Share on other sites More sharing options...
indyo Posted January 6 Share Posted January 6 how to buy Thai government bonds and are they accepted by immigration? they yield between 2.3% and 3.5% but probably investing just 800K will not compensate the cost of a trading account. Link to comment Share on other sites More sharing options...
couchpotato Posted January 6 Share Posted January 6 5 minutes ago, indyo said: how to buy Thai government bonds and are they accepted by immigration? they yield between 2.3% and 3.5% but probably investing just 800K will not compensate the cost of a trading account. No not accepted by Immigration. 800k accounts are Savings and Fxd Deposit only. 1e: Money must be immediately accessible. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted January 16 Share Posted January 16 On 12/16/2023 at 8:12 AM, PJ71 said: Although gold is ... really not a good investment. You're right, gold has been such a terrible investment over the years! Link to comment Share on other sites More sharing options...
hotandsticky Posted January 16 Share Posted January 16 11 minutes ago, Liverpool Lou said: You're right, gold has been such a terrible investment over the years! Exactly. As I told my missus 15 years ago when the price crept over 10,000 Baht......."it won't be long before it is back under 10k!"..... 1 Link to comment Share on other sites More sharing options...
PJ71 Posted January 16 Share Posted January 16 1 hour ago, Liverpool Lou said: You're right, gold has been such a terrible investment over the years! correct. 1 Link to comment Share on other sites More sharing options...
stix40 Posted January 31 Share Posted January 31 On 12/16/2023 at 8:12 AM, PJ71 said: i've researched this and have decided to send some of my money to uk, easy to get 5-6% there. here, i'm even surprised the OP was offered 1.5%, that might only be for Thais. Although gold is a good hedge and safe, there's no annual returns ( unless you're buying and selling with the spread ) it's really not a good investment. One way of buying gold and being able to spend it Used it for a number of years . https://www.tallymoney.com Link to comment Share on other sites More sharing options...
scoutman360 Posted February 11 Share Posted February 11 If you want to find the best interest rates, go to the Bank of Thailand website. They list daily every bank and interest rates for various account types. One stop shopping. Link to comment Share on other sites More sharing options...
BenStark Posted February 22 Share Posted February 22 On 2/11/2024 at 10:04 PM, scoutman360 said: If you want to find the best interest rates, go to the Bank of Thailand website. They list daily every bank and interest rates for various account types. One stop shopping. No they don't. They show the rate for the regular savings account and fixed accounts 3 up to 24 months. Every bank has many more account options that offer different interest rates, and they are not shown on that website, so in short it is useless. Link to comment Share on other sites More sharing options...
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