Pretty good rate.

what are the conditions?

normally fresh fund but is there a minimum?

usually for FD promotions, UOB, OCBC, RHB and Alliance don't put it up on their website. Need to get info at branch.

Would appreciate those reporting FD promotion do state the T&C instead of misleading readers here thinking that is applicable like normal FD.

I was at RHB and took the photo below but quality not good as had to "bend" down and took it with my old Samsung slider as left the BB at home.

RHB got FD promotion up to 15 months 4.2%

Terms and Conditions -

1. Need to have current or savings account
2. New Fund RM50K - RM199K must deposit RM5K into CASA and maintain for 3 months
3. RM200K and above to deposit RM10K into CASA and maintain 3 months too.

Interest will be banked into CASA.


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Yalah, it is based on tiers Didn't even notice it until you mentioned it. Thanks for the info. Good that I took the pic and posted in here and you pointed it out that it is based on tiers. If I did not post the photo and you did not share your findings, boy, a lot of people will be mad at me for wasting their time going to RHB because I stated "RHB giving up to 4.2% for 15 months".

Basically the offer you have to deposit your money for 15 months tenure from the start and interest paid every 3 months into Savings or Current Account and the interest earned is as follows:

First 3 months 3.2%
following 4th ,5th and 6th month 3.3%
and 7,8,9 month 3.5
and 10,11,12 month 3.8
and finally for the 13th to 15th you earn interest of 4.2% on the principal/

Okay here are the T&C for the OCBC promotional rate posted yesterday.

Minimum amount RM10K and promotion period 21st March to 25th March only. You got 5 days to get 3.9% for 9 months FD at OCBC.

No other conditions I were told.

3.9% for 9 months. Of course the Ambank's 5 year tenure rate is better. But you must note that AMbank pays you the interest every 6 months (which is good if you don't spend it away) and the interest is not compounded at the same rate. Also 5 years is a long time.

Your FD is effective from the day you deposit your cheque.

Max RM250K per account per bank.

If you got 5 accounts in a bank say yourself, you+father, you+mother, you+wife, you+child, etc, the government guarantees you RM250K per account so the total becomes RM1,250,000. Google PIDM.

The other day PM was in Australia say foreign shareholding can be raised to 49% for Ambank if not mistaken but 2 days back said no maintain at 30%.

The safest bank in Malaysia to put your money is Affin Bank, the major shareholder in Lembaga Angkatan Tentera. Nobody dares to swindle the armed forces Just kidding.

Reminders to you guys, you have 5 days next week to enjoy 3.9% for 9 months FD.

Best you call the nearest OCBC branch on Monday to confirm.

I did go to OCBC today and the 9 months FD rate is 3.6% Offer until end of this Friday. Minimum RM10K and no other conditions.

Wah, not every 6 months? Five years interest compounded or not? If not compounded not very good deal. How about for senior citizens, would the interest be banked into the savings account monthly.

Didn't even know OCBC got Al-admin. Why don't you call your branch and report back here.

5pm sure lah they won't answer. Call tomorrow 9.15am.

http://www.citigold.com.my/portal/citigold...s/acq_q1_11.htm

better go deposit at OCBC before 25th March 2011 and get 3.6% p.a. for 9 months.

Those who do it tomorrow will waste 2 days if not renewing it after the 9 months tenure as 24th December is a Saturday.