So typical of this party


This type of Islamic Term Deposit was introduce just last year and they have not integrated this account type into their online banking portal yet. Therefore, you must open this account inside their branch.

And by the way, once you have successfully opened this account at the branch level, you still won't be able to see this account in your HSBC online banking account. I've made several complaints to them regarding this issue already but those IT guys at HSBC are still taking their sweet time

Saadiq Savings = offered by Standard Chartered Saadiq, its Islamic Banking arm.
All regulars savings and e$aver = Standard Chartered


Won't happen at big international bank


Standard Chartered Bank calls it Premium Currency Investment. Click the link. You can learn everything you need to know about Dual Currency Investment in that page.


HSBC Premier is definitely a very good packaged product from HSBC. The low forex rates (compared to all other banks), fee-free funds transfers to your overseas HSBC account, complimentary credit cards issued by HSBC in another country etc. Everything is so good


RM10k inside the demand deposit account as emergency funds, that sounds about right.


If you really must withdraw the money before your account matures, it will follow the normal board FD rate instead. And the maximum placement is RM20 Million only.


May be he banks with the big international banks ... and big international banks won't give you a good rate even if you have a lot of money with them.



This is news to me ! I kept thinking that if you choose English, the call will be transferred to their call centre in Singapore instead. Anyway, does this apply to their credit card hotline too ?


Yes. You can However, not all CitiGold branches have the coffee/tea making machine.

By the way, HSBC Amanah had a similar offer too last month. All you need to do is to sign-up for Premier services and you'll get 4.88% for your 3-month TD-i.

I saw an advertisement on STAR yesterday that EON Bank is offering up to 3.70% interest for 6, 12 or 18-month placement. Go check it out.


I hope this will happen real soon. I could really use the extra money


Having such policy in place doesn't necessarily make it more secure. This is because if you really have lost the original receipt, all they need is you to produce your IC, verify your fingerprint and pay a penalty for the lost of your original FD receipt and that's all. It basically just gives the bank a way to earn money from you (assume you really couldn't produce the original FD receipt).


Just to point out that one can uplift the eFD placed via cimbclicks online just one day after you opened the account. It's all very easy to manage actually but i am still not very comfortable with it.

Yes. This is the one.

A girl standing at 1.73m ? Wow, i have to meet her

You have to go to their local website to get the latest rates and not HSBC India. HSBC is so big. They have retail banking services in Hong Kong, UK, France, Singapore, Indonesia, Taiwan, China, South Korea, USA, Brazil, Mexico, Argentina, Panama, Bahamas, Canada and so many more. Make sure you always go to HSBC Malaysia website.

They had a change of mind again. I read two days ago that they do not see BNM increasing the OPR next month

Well, the economists around the world do think Indonesia will do so much better than Malaysia in a few years time and Rupiah is one of the currencies to watch out for.

I think it's ok. You have to ask them when can you get the interest earned because from what i know, they will pay you the interest on a half-yearly basis for fixed deposit with 60-month tenure. Not sure how it works for 36-month FD.

For 60-month placement, they will pay you the interest on a half-yearly basis.

I think AmBank is the highest now for your case.

Read the fine prints.


3.30% for 12-month from Affin Bank and AgroBank, if i'm not mistaken. Can check via their respective websites.

As others said, kindly state your source so not to mislead us. The next BNM meeting is scheduled for tomorrow.

Yeah, most recent reports indicated that OPR will stay put in the meeting tomorrow.

If the past is any indication, it will only take place starting next week.

We don't but the banks' websites have.

They are so many different funds under the ASNB umbrella. Their fixed price funds traditionally yield a very high return and the interest rate given to FD is no where near ASB, ASW2020, ASD and ASM annual returns. The return of ASNB has nothing to do with OPR, not directly anyway. It may however, affect their decision on how much of the dividends they want to distribute to their unit holders for that particular financial year. ASB for example, can give its unit holders as much as 14% in dividend last year but they gave us only 7.50% in dividend + 1.25% in bonus only.


And no. It won't make ASNB products any less popular. Not those fixed price funds anyway.

This post has been edited by MilesAndMore: May 11 2011, 03:59 PM

Hong Leong Bank was one of the two first banks (the other one being RHB Bank) to increase the BLR and FD interest rate during the last hike.

Public Bank IS the FIRST bank to raise their FD rates and BLR

HSBC Amanah is now giving 3.30% for 12-month tenure which is amongst** the best in the market now. Just thought some of you may want to know

**The other two banks giving 3.30% for 12-month FD is CIMB Bank and RHB Bank.

If branch presence and name brand is not an issue for you, you may want to consider Affin Bank as they are now giving 3.60% for 12-month FD which is the highest amongst all the commercial banks in Malaysia.

This post has been edited by MilesAndMore: May 12 2011, 11:30 PM