Posted by Seng Lee on March 31, 2008 – 4:20 pm
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Most of the people in Singapore have their main saving account with POSB/DBS Bank. That includes me as well, but not until I realized that their interest is only 0.25% p.a which is very low. I looked around for banks that offers better interest rates for savings accounts and came up with 3 banks, Citibank, Maybank and Standard Chartered Bank.
1) Citibank Stepup Account
- Base interest - 0.6875% p.a.
- Step-Up to 2% p.a. over 12 months
** Citibank Stepup Account Interest Rate Dropped **
2) Maybank iSAVvy Savings Account
- 1.08/1.28% + 6% IOI — iSAVvy savings (min $5k/$50k)
- Daily balance below S$5,000 (0.25% p.a.)
- Daily balance of S$5,000 to below S$50,000 (1.08% p.a.)
- Daily balance of S$50,000 and above (1.28% p.a.)
- Interest-on-interest every 6 months (6.00%)
3) Standard Chartered Bank e$aver Account
- 0.78/1.08% — e$aver (min $0/$50k)
Currently, I think Citibank stepup Account offers better interest rates in long run as it is a relatively new account and should not have interest rates revision so soon (I hope so). Both Maybank iSAVvy Savings Account and Standard Chartered Bank e$aver Account have already reduced their interest rates recently and I wonder when is their next reduction.
For Citibank Stepup Account to add up, just make make it a point to put in a certain amount of money every month for 12 months without taking out any money so that it can reach the 2% after a year. At 2% p.a. it is very high for a savings account since most of the fixed deposit can’t even match it.
My plans,
1) Keep Posb Savings account, use it as an account to pay misc stuff like bills.
2) Apply for 1 more Stepup Account (if they allow) as I already have one as main salary account but the interest is unable to go up as there is a lot of ins and outs, the new Stepup Account will receive automatically 10% of the salary from my main salary account every month and never touch it for it to step up to 2%.
3) Close my Standard Chartered Bank e$aver Account and move the little funds in them over to the new Stepup Account.
I have been advising my friends to open an savings account with either of the 3 banks as they offer as least 3x the interest rates than Posb Savings Account, but most of them are rather lazy to do so.
If you are lazy, then your money will be lazy too!
Posted by Seng Lee on March 31, 2008 – 12:32 pm
This simple code aligns the adsense ad to the left and text wrapping around it.
If you want the adsense ad to the right, just change the [float: left] to [float: right]
<div style="float: left; margin: 3px 3px 3px 3px;">-
adsense code goes here-
</div>
Posted by Seng Lee on March 23, 2008 – 3:54 pm
I faced a little problem while trying to fresh install a blog on one of my domain.
A file named “advanced-cache.php” cannot be removed from the wp-content folder! I had removed everything from my domain folder and that stubborn file cannot be removed. The reason was due to the usage of wp-cache plugin previously. I looked to google to see if I can find any solutions to it, but none of the solutions worked for me.
After a few failed attempts like renaming the file, renaming the folders, all the while using FTP program, an idea came to my mind. I went to use bluehost “File Manager”, go to the wp-content folder, right click and chose delete and voila, the stubborn advanced-cache.php along with wp-content folder are removed! And I am a happy man again
I am not sure if this works for everyone else but it worked for me, here are some additional steps you may want to try:
- CHMOD the folder/file to 777
- Rename the folder/file to some other names
Cheers
Posted by Seng Lee on March 21, 2008 – 8:24 pm
This email from bluehost almost gave me a heart attack, “WEB HOSTING ACCOUNT DEACTIVATED”.
My adsense account is just a few dollars shy of reaching the minimum payout of $100. I estimate that I should be able to hit it during the period while I am away for Bangkok trip. I am very excited as this is going to be the first real money I am going to make thru the internet after a period of a year plus. I logged on my adsense account the moment I reached home and found it to be only $99+. What the heck?
I checked my email and found this email, “WEB HOSTING ACCOUNT DEACTIVATED”!
Oh My God! What have I done? What has happened?
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Posted by Seng Lee on March 21, 2008 – 6:46 pm
After being away for about 6 days, I am finally back from my Bangkok holiday! Bangkok is a great place for holiday but 6 days is a bit too long, I think 4 days 3 nights should be sufficient for a nice and comfortable getaway without getting sick of the place.
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