which bank now has the highest fd rate which doesn't impose a huge chunk of money that you have to invest in ?

Affin bank

How much interest for Affin?

BNM will likely to keep the OPR the same in the 4th quarter so the interest rate will probably stay at the current level for a while.

This post has been edited by MrProperty.me: Aug 30 2011, 12:40 PM

Highly the interest rate may be the same throughout this year.

Wasai, HSBC Vietnam offers FD 14% on Viet Dong $10 million and above (~RM1435).
http://www.hsbc.com.vn/1/2/personal_en/accounts/time-deposit

ya...the same branch service sucks, even without filling form also take time..... Hong Leong bank probably still behind in customer service. They let the counter staff handle account opening...the fastest way to shorten the queue is shortest processing time operate first which explain why supermarkets (have less than 10 items) express counters, likewise most banks let the customer service counters help out in opening account to ease out the counter staff who should only dealing with cash...

If you sell it before the price raise beyond, yeah, you lose.
GOLD price eventually raise up in time (inflation), and the % is much more higher compare to FD.
And for those who could wait long enough like 6~12months for the right time to sell and earn better ROI.

This post has been edited by buysell: Sep 11 2011, 09:38 PM

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

I just checked with UOB last Friday, UOB has two new FD promotions:

(1) 6 months tenure: 3.5%

(2) 3 months tenure:
3.3% for 1st month
3.3% for 2nd month
3.6% for 3rd month
So, average is 3.4% for all 3 months tenure

Minimum FD placement is 25K

This post has been edited by BoomChaCha: Sep 5 2011, 02:08 PM

Was told by the CS this promo for fresh funds from privilege banking customer only

Sometimes it depends on how do you negotiate with the bank when renew your FD.

You mean you managed to put in FD at the promo rate without using fresh fund and not being a priviledge banking customer? Good on you.

Just add some money to renew your existing matured FD then it will consider as a fresh fund.


This post has been edited by BoomChaCha: Sep 6 2011, 12:34 PM

Good idea.

is the current HLB FD promo the best rates available currently?

Junior FD?

yes, junior FD coz I already have that account from last year offering 5% pa

looks like the 4.5% pa for 24 or 36 months OR 3.9% pa for 12 months is the best currently

HSBC got a FD promotion now too. 4% for 3-month for it is only available to Premier customers.

According to HSBC about this 4% FD rate, only half of the deposit amount will entitle for 4% on 3 months tenure,
the remaining of half deposit will entitle for normal FD rate.


http://www.hsbc.com.my/1/2/personal-bankin..._PREMIER_LPROMO


Click on the Terms and Conditions on the bottom of the page