Bank Special Promotions

On and off, banks will offer special fixed/term deposit interest rates and other goodies.

The main questions to ask the bank officer serving you are:
- will the interest rates hold steady throughout the term of the deposit (eg 12 mths or 24 mths etc)?
- where does it say in the T&Cs that it will hold steady, assuming the answer to the first question from the bank officer is ''yes''.
- if there is a banking crisis or a run on the bank, how much of the deposit sum (how many %) is guaranteed?
- is the deposit linked to any unit trust or other investments that come with risk elements?
- what is the bank officer's name and verify with his/her name tag.