Today I came back from work and saw a letter addressed to me on my table. First impression was that it was from Standard Chartered because of the envelop it was sent in. I read the content and had to re-read the content a second time just to ensure my eyes were not playing a trick on me. The content of the letter is as below:
After such a “flexible” change in rates, you can expect me to terminate my account after June and move my funds into another bank with better rates such as the OCBC 360 of which I've been getting 1.75% easily. Thanks SCB for the 1.88% for the last few years.
Disclaimer: This is not a recommendation to buy or sell any mentioned stocks or securities in this blog.