I made a fixed deposit more than 1 year ago but i did it tru atm so i got 1 slip but not the proper one. In order to get the official receipt i need to go to the original branch i opened my account which i didn't have time.

So 1 year has passed the deposit is not back into my savings i was wondering what happen, does it auto renew another 1 year or just sitting in the bank with 0 interest?

auto renew

hi...im a noob in this field and have a question to ask...do we need to bank in money into our FD account every month?

Fixed Deposit is for you to put a fixed amount for a fixed period (min 1 month). You don't need to "top-up" FD every month.

Here i got a SUPER FD saving plan to intro...
its under OCBC Bank...
The highest interest rate return...
the 1st year return 17%++..2nd year 10%++...average 6-8% p.a....for every years.....extra bonus based on any different condition...
FREE insurance to u all saving plan....
covered by death or disability....

GREATEST plan for u...y not jus started to get it as ur future wealth plan...
if any interested.....pm me for more detail!!

cheers^^

It's an endowment plan and this is a pure fixed deposit thread. Please do not mislead other people here.

hi...is FD calculate like this?
if i deposit rm20000 for 1 year and interest rate is 2.85%...so i will get rm20570 after 1 year....then i can withdraw money and close my FD account?

The advertised rate is per annum basis. Your calculation is correct provided if you don't touch it for a year.

After maturity, you can choose to stay through auto renewal or withdraw it partially/fully.

currently wanted to put FD to CIMB for 3 months..
but they recommended me on smartinvest..
it's like 60% FD and 40% Unit trust..

anyone taken this before?
can someone provide pros and cons of this package from CIMB?
and CIMB unit trust any good ar?

normally FD interest rate have not much difference among bank. i think investment in public mutual will give us more return.

yea i know public bank is the best out there..
but cimb is having this package with FD+UT..
we don't have to top up anything but fixed amount in FD and fixed in UT..
end of the day we just get the returns..
so i wanna know let's say 20k in UT.. so the returns still depends on market performance.. then can i say if i put 20k in UT.. i will definitely get back 20k + x% returns?

If can ended up with Rm10K as well...

Who said market performance cannot be -ve....

Even after one day you put in UT, the next day it becomes/starts at Rm19K (as most UT got upfront service charge of 5%).

Guys... need advice on this

MAYBANK FD Link Campaign

FD link campaign is a product bundling campaign between equity unit trust and fixed deposits. It allows you to earn a special rate of 9.88%p.a. in Fixed Deposit when you subscribe to the participating equity funds in Unit Trust(refer table 2 below). Placement of amount in fixed deposits and equity unit trust must be on equal basis with minimum of RM30,000 in total combination.

What's more:
• Free Will Writing services if total combination amount is above RM100,000 per transaction.
• Table 1: Special Rate and minimum amount

My advice,
Don't take up FD/UT combination, if you are not keen on UT in the first place.

Do not take up FD/UT combination, just because of slight higher FD rate offered.

Do remember UT upfront service charge can be way more than the higher FD rate offered.

Only take up when you are keen on UT in the first place.

Yup, it is not a FD anymore if the principle is not guaranteed...

check out affin bank

http://www.affinbank.com.my/rates/ratesfd.htm

3 month can get 3%
12 months 3.30%

good ehh

hey guys,
I got an offer from HSBC, they offer me 26,000.00 of loan and the interest rate is 10.75 per annual, do u all think that is a good deal or bad deal?

Do u guys' bank offer to you too?

Please let me know your opinion, thanks.

Whether or not its a good deal will depend on what u intend to do with that money. If ure going to invest in something that gives u more interest than 10.75%, then it may be worth it. If not, its a waste.

Where's the 3 month 3%??

This is FD thread, not loan issue, the opposite.

I reckon it is a personal loan, so please post here.
https://forum.lowyat.net/topic/479971/+1620