What are the potential returns on the Bangkok Bank savings policy and is it worth it?

My advise, walk away from both this and Bangkok Bank.

Wouldn't go near that bank with a barge pole

You tie up 300,000 for 14 years and get a measly 25,600 baht payout.

Only a good idea if you pay income tax in Thailand and can reduce your tax liability. Annual premium at 50,000bht and relief at 20% saves a tax payer 10,000bht per yearin tax.

That's not savings thats a life insurance policy with some interest

I read it over , did the math , time analysis, interest amount , inflation estimates. I laughted and walked away.

Seriously, not an option for saving $$$

This is basically a bribe to get the bank account.

Pay it if you really want the account.

Decline and see what happens.

man, how old are you?

if ur 50 plus, think carefully about investing for 14 years......

we need money in this life

The 3%, 4%, and 5% figures are not guaranteed returns under the policy. The guaranteed option yields only approximately 0.75% per year.

Even the insurer's 5% scenario achieves only about 2.54% annually.

This is not particularly attractive for an investment that locks up your capital for 14 years.

It's not a savings policy. It's life insurance. You have a guaranteed payout if you die that is more or less equal to what you paid in premiums, plus a little bit of interest and a tax deduction (if you pay tax). Then a decade later, if you live that long and don't cash the policy in, you will get the premiums back and you MAY have some sort of dividend that depends entirely on how well the underlying investments do. And that's anyone's guess. And inflation will have had a bite at the value of the original premiums in that time too.

Like all insurance, it's basically designed to earn money for the insurer.

Historically you would probably be much better off buying some sort of ETF global index tracker through a broker that charges low or zero trading fees with no account charges.