PattayaParent Posted January 5, 2009 Share Posted January 5, 2009 TMB offer a Senior Account with higher rates of interest for over 55s See http://www.tmbbank.com/TMBBank/TMBpersonal...account_en.html Link to comment Share on other sites More sharing options...
jbaldwin Posted January 5, 2009 Share Posted January 5, 2009 If I read correctly offering savings rate plus 0.25% (ie 1.00% in total) on balances over 10,000 baht. Link to comment Share on other sites More sharing options...
khundon Posted January 5, 2009 Share Posted January 5, 2009 If I read correctly offering savings rate plus 0.25% (ie 1.00% in total) on balances over 10,000 baht. Whoopee a whole 1% what will we do with it all. Jbaldwin, not having a go at you, just the Thai Banks. Link to comment Share on other sites More sharing options...
Lite Beer Posted January 6, 2009 Share Posted January 6, 2009 All you can say is that it is better than 0.75%. JUST Link to comment Share on other sites More sharing options...
Ricardo Posted January 6, 2009 Share Posted January 6, 2009 If I read correctly offering savings rate plus 0.25% (ie 1.00% in total) on balances over 10,000 baht. :jerk: Whoopee a whole 1% what will we do with it all. Jbaldwin, not having a go at you, just the Thai Banks. :D Just wait ... while I get my zimmer-frame ! And I agree about the banks, paying 1%, or even a couple of percent, when inflation is (officially) about 5%. Link to comment Share on other sites More sharing options...
Lost in LOS Posted January 6, 2009 Share Posted January 6, 2009 If I read correctly offering savings rate plus 0.25% (ie 1.00% in total) on balances over 10,000 baht. :jerk: Whoopee a whole 1% what will we do with it all. Jbaldwin, not having a go at you, just the Thai Banks. :D Just wait ... while I get my zimmer-frame ! And I agree about the banks, paying 1%, or even a couple of percent, when inflation is (officially) about 5%. american insured CD's get 3.5+% and are completely safe Link to comment Share on other sites More sharing options...
JSixpack Posted January 6, 2009 Share Posted January 6, 2009 If I read correctly offering savings rate plus 0.25% (ie 1.00% in total) on balances over 10,000 baht. :jerk: Whoopee a whole 1% what will we do with it all. Jbaldwin, not having a go at you, just the Thai Banks. :D Just wait ... while I get my zimmer-frame ! And I agree about the banks, paying 1%, or even a couple of percent, when inflation is (officially) about 5%. american insured CD's get 3.5+% and are completely safe At which Thai bank? Do tell! Link to comment Share on other sites More sharing options...
jbaldwin Posted January 6, 2009 Share Posted January 6, 2009 If I read correctly offering savings rate plus 0.25% (ie 1.00% in total) on balances over 10,000 baht. :jerk: Whoopee a whole 1% what will we do with it all. Jbaldwin, not having a go at you, just the Thai Banks. :D Just wait ... while I get my zimmer-frame ! And I agree about the banks, paying 1%, or even a couple of percent, when inflation is (officially) about 5%. If fact offically inflation in the year to December was 0.4%. When high inflation is caused almost entirely by high oil price, inflation rate fall very quickly when oil prices go back down again Link to comment Share on other sites More sharing options...
torrenova Posted January 6, 2009 Share Posted January 6, 2009 If fact offically inflation in the year to December was 0.4%. When high inflation is caused almost entirely by high oil price, inflation rate fall very quickly when oil prices go back down again Whist I will agree with you on the oil front, the official inflation rate in Thailand has about as much credibility as a bar girl professing her undying love for you. i.e. None. Real inflation, that is what people experience is northwards except for oil and those products and services which raised their prices because of high oil prices are still at their new levels and have not come back down even though oil is now 1/3 of what it was. Link to comment Share on other sites More sharing options...
PattayaParent Posted January 6, 2009 Author Share Posted January 6, 2009 american insured CD's get 3.5+% and are completely safe But not much good to you when it comes to retirement visa renewal time and you have to have 800,000 Baht in a Thai bank account for the previous 3 months. Link to comment Share on other sites More sharing options...
Naam Posted January 6, 2009 Share Posted January 6, 2009 If fact offically inflation in the year to December was 0.4%. When high inflation is caused almost entirely by high oil price, inflation rate fall very quickly when oil prices go back down again Whist I will agree with you on the oil front, the official inflation rate in Thailand has about as much credibility as a bar girl professing her undying love for you. i.e. None. Real inflation, that is what people experience is northwards except for oil and those products and services which raised their prices because of high oil prices are still at their new levels and have not come back down even though oil is now 1/3 of what it was. correct! Link to comment Share on other sites More sharing options...
vagabond48 Posted January 9, 2009 Share Posted January 9, 2009 (edited) But not much good to you when it comes to retirement visa renewal time and you have to have 800,000 Baht in a Thai bank account for the previous 3 months. Unless you have 65k baht per month of non-Thai income coming from interest, dividends and/or pension and it doesn't need to be in a Thai bank. I just did with my 1st retirement extension. Edited January 9, 2009 by vagabond48 Link to comment Share on other sites More sharing options...
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