You can go to their respective online site to see.

It already changed around 9.xx am this morning.

i think ambank still got their special fd for 4 months.. still 3.4% only till CNY is over..

I don't think so, difference simply too much 2.5% vs 3.4, as there is always an * stated they can change the rate without prior notice.

This post has been edited by cherroy: Jan 22 2009, 03:14 PM

according to RHB bank...there still got 3.1% per month...without a *

Read my previous statement

i wonder if the epf make use of this chance and reduce the interest to maybe 3.1% and then still say that 'the epf rate is still above the prevalent FD rates'. not good

this is special promotion... they got normal rate n special rate.. have to go ask them clarify...

i miss the days of 14%

I know, but last time normal FD rate for 1 month is 3.0%, so they can give 3.4% (which is norm for some banks when doing promotion, trying to get new customers or more funds), but now or today become 2.5% only. So differentiate is simply too much if continue to do it which easily wipe out millions of profit or more loss, unless bank management don't mind.

Need to get clarification whether it is valid or not. Most probably they will change it, just my guess, and norm practice adopted.

I just did a 12 month conventional FD at ambank around 10am today. The interest rate printed on the FD certificate is still 3.5%

Nasib baik, i check my CIMB Fd due yesterday...12 mths dropped to 2.75%

Quickly changed to Alliance Bank at old rate of 3.5% ..summore got free gifts!

the decreasing interest rate is making the value of the money in bank smaller therefore its not advisable to put ur money safe keeping in bank instead u can go for investment + saving plan such as PBB Unit trust fund.

see... the bank thinks that the rate is too low and they want fast capital... they are still willing to increase the rate.

I thought the new rate should be started by 1 February 2009.

so what is the latest FD rate lately ?
2.5% is a major difference compare to 3.4% last time.

It is different league lah. Cannot compare if someone don't want to risk their money as those never guaranteed your principal but FD does.

Those invested in UT last year or so has lost 30-50% mostly. Although now might be good time to invest (my opinion), we never know for sure, may be it can drop further another 20%? So for those not willing to risk their money, still their choice and only choice is FD.

well definately good choice to invest now for long term... but that's off topic right?

any1 knows any website that shows FD rates for each copuntry?

And was the 14% given somewhere around 97/98 economic crisis ?


It's not safe to invest in unit trust/structured investment during this kind of economic climate either. You might be left with nada at the end of the day.


By the way, i was told that HSBC offers special FD rate to their Premier customers.

want to ask what is clearing zone , I found this term in CIMB FD website.

1 month 2.15
3 month 2.35
1 year 2.75-3

With OCBC iQ saving plan..
1 month 4.00%
3 month 4.00%
1 year 4.00%