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 FD rates in Malaysia, Which bank offer the highest FD rates?

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insaint708
post Oct 6 2011, 11:29 AM

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is standard charted bank opening this Saturday?
apply to all branches?
insaint708
post Oct 6 2011, 02:49 PM

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QUOTE(Kaka23 @ Oct 6 2011, 11:37 AM)
Yes.. open every Saturday for this month for all branches..
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i called the bank.. they told me only open on last Saturday, not every Saturday.. doh.gif
insaint708
post Oct 6 2011, 04:26 PM

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QUOTE(nomen @ Oct 6 2011, 03:49 PM)
I was in StanChart, Dataran Sunway yesterday and I overhead customer service telling customers
over the phone that they would be open this coming Saturday. Those of you who would like to go this
Saturday should call your nearest branch to confirm it.
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i called the customer service not the bank ... looks like they giving wrong info??
insaint708
post Oct 11 2011, 01:22 PM

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QUOTE(MNet @ Oct 11 2011, 11:52 AM)
Malaysia Banks Fixed Deposit / Time Deposit Rates as of October 2011.
Bank - FD rates for 1 month, 3 months, 6 months and 12 months. Click on the bank to go to the bank's relevant site on rates.

Affin Bank -  3.05%, 3.1%, 3.25% and 3.6%

Alliance Bank - 3%, 3.05%, 3.2% and 3.25%. FD Gold 12 months 3.35% (Interest paid monthly).

AmBank - 3%, 3%, 3.15% and 3.2%. Am50Plus 12 mths 3.25% (Interest paid monthly, FREE PA).

Citibank - 2.9%, 3.05%, 3.1% and 3.15%

CIMB Bank - 3%, 3.05%, 3.1% and 3.15%

Hong Leong Bank - 2.9%, 2.95%, 2.95% and 3.1%

HSBC Bank - 2.75%, 3%, 3% and 3.15%

Maybank - 3%, 3.05%, 3.1% and 3.15%

OCBC Bank - 2.85%, 2.95%, 3% and 3.15%

RHB Bank - 3%, 3.05%, 3.2% and 3.3%. Senior FD 12 months 3.3% (Interest paid monthly).

Public Bank - 3%, 3.05%, 3.1% and 3.15%. PB Golden 50 Plus 12 months 3.25%.

Standard Chartered Bank - 2.95%, 3%, 3.1% and 3.25%

From the above, HSBC 1 month FD rate is the lowest at 2.75%. The highest over the counter FD rate for 12 months is by Affin Bank at 3.6%.
Fixed / Time Deposit and Savings Account Promotions October 2011.
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

Hong Leong Bank Fixed Deposit Promotion until 30 November 2011

Until 16 October 2011
Hong Leong Bank Senior FD 12 months 3.8% (Interest credited monthly into savings account).
Hong Leong Bank Junior FD 12 months 3.9% and 24-36 months 4.5% (Interest credited monthly).

17 October to 30 November 2011
Hong Leong Bank Senior FD 12 months 3.7% (Interest credited monthly into savings account).
Hong Leong Bank Junior FD 12 months 3.7% and 24-36 months 4.2% (Interest credited monthly)
OCBC Bank Fixed Deposit Promotion 5 October 2011 to 31 December 2011

OCBC Bank Time Deposit 3 months 3.5%
Standard Chartered 5% Interest Rate for e$aver, Super Salary and Saadiq$aver savings accounts.

This promotion of 5% flat interest rate until 31 December 2011 is applicable for new customers who open an eSaver, Super Salary and SaadiqSaver savings account in the month of October 2011 only and must maintain an average daily balance of RM3,000. Existing customers also enjoy this promotional rate but subject to additional terms and conditions.

Other Promotions

Some banks are also offering step up interest rates (with or without condition, e.g. some banks require that you deposit x amount in savings or current account), so you better average them out and I would think they still won't be able to beat Affin 12 months Fixed Deposit rate of 3.6%.
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nice summary!!! thanks!!

notworthy.gif
insaint708
post Oct 11 2011, 03:26 PM

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QUOTE(hackwire @ Oct 11 2011, 02:42 PM)
FD saving is better or buy Gold is better for Long Term ?
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i think depends the level of risk you can take...

gold is high risk and no interest in between until you sell it..

FD is low risk and low return.. giving u fixed interest...
insaint708
post Oct 14 2011, 11:30 AM

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QUOTE(BoomChaCha @ Oct 13 2011, 10:32 PM)
UOB Promo Update #1 : from 1 Sept 2011 to 30 Nov 2011 -- Minimum 25K

(1) 3.5% for 6 months
(2) 3.3% for first 2 months, 3.6% for 3rd month (average is 3.4% per month)
(3) 3.6% for 9 months
UOB Promo Update #2 : from 7 Oct 2011 to 31 Oct 2011 -- Minimum 10K
3.8% for 12 months
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Can't find the promotion in UOB website, where do you get the information?

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