Deposit account rates ....... only in Thailand !!

[KHONDAHM]

Guys, I am NOT "running round screaming Racism or any other ism for that matter, just pointing out that what is happening (in my opinion) is wrong.

For the record, my post was not directed at your original post, but rather to those who replied with such charges. Cheers!

[designer]

And I am only getting 8.25 on a 2 year goverement bond in south africa ,

[Prenders88]

Even that THAI ONLY rate is poor, you're better off keeping the money under the matteress.
I'm getting 10% yield on my lastest buy to let investment in the UK. I'd never keep any serious amount of wedge in a Thai bank, just enough to live on, and keep the immigration dept happy to renew the visa.

[udonuk1]

It all depends on the AMOUNT you deposit in your account. There is a step up of interest rates up to 5% for large amounts in my Thai bank ! But for small amounts, i would agree, better under the mattress if you already have another Credit/Debit card . Also my bank offers "accident insurance" and per diem payments for any accident stay in an Udon hospital.

[Gaudente]

When I finally got to the desk, I was informed that the deposit account is a 6 month account paying 0.7% ..... the 1.10% and 1.65% accounts are for THAI's ONLY.

Buy property funds quoted on the Stock Exchange of Thailand. They have a dividend payout of about 8% , and that's the same for Thais and farang as well.