READ the fine print.
Deposit Terms and Interest Rates
USD 4- months Fixed Deposit Account, interest rate is 4.35% p.a.
USD 7- months Fixed Deposit Account, interest rate is 4.20% p.a.
At maturity, the Bank will automatically roll over the deposit to a three-month fixed term deposit using the interest rate available at that time under the Bank’s conditions, provided that a depositor has not withdrawn any money from the account, or issued any subsequent instructions.
In other words, at the end of the 4 or 7 month period, the interest rate will drop to the regular rate for an FCD (or other Fixed Term account).
You have to deposit a minimum of $10,000 and it has to stay in the account for the entire period or you lose the interest for that period.
It's the same deal they often make with regular Fixed Term accounts. They had plans that were 3, 4 or 6 months long and offered higher interest rates but when the period ended, the rate dropped to the regular rate for that kind of account.
I agree with your point but I would change "don't accept facts" to "don't accept other people can have different opinions". The word "fact" is a minefield - "facts" change - one the most famous ones was "the world is flat" until someone proved otherwise. And in the political arena one man's fact is another man's poison!
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