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FD rates in Malaysia, Which bank offer the highest FD rates?
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gundam76
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Mar 12 2010, 03:10 PM
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Getting Started

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QUOTE(cherroy @ Mar 12 2010, 02:33 PM) Some banks can, some banks cannot, depended on respective bank internal system. This one I have knowledge, for Penang Maybank, if you put FD in branch A, you have to go bk to A. However In Public bank, you can open in Branch A, when due date, you can take out the money on branch B, bear in mind, it has to be less than Rm10K, if more than Rm10K, you have to go bk to branch A. This I have experience before.
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cherroy
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Mar 12 2010, 03:11 PM
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20k VIP Club
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QUOTE(gundam76 @ Mar 12 2010, 03:10 PM) This one I have knowledge, for Penang Maybank, if you put FD in branch A, you have to go bk to A. However In Public bank, you can open in Branch A, when due date, you can take out the money on branch B, bear in mind, it has to be less than Rm10K, if more than Rm10K, you have to go bk to branch A. This I have experience before.  I taught it is 20K or no?
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gundam76
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Mar 12 2010, 03:16 PM
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Getting Started

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QUOTE(cherroy @ Mar 12 2010, 03:11 PM) I taught it is 20K or no? This I do not know, usually I join with my mum, when we went together and put Rm20K++, the back officer told us about branch A and B. This incident happen last year ago, unless they have change the system that I do not know I do know Public Bank only and maybank, others I have no idea. Sorry brother
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koh_424
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Mar 12 2010, 03:41 PM
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just to confirm tat..FD for 1mth rate is 2.25% PA.. means tat u have to take 2.25% divide to 12mths then only u got the figure of 1mth interest for ur FD total amount..:S kinda small like a sand..
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keeseng12
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Mar 12 2010, 07:41 PM
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QUOTE(koh_424 @ Mar 12 2010, 03:41 PM) just to confirm tat..FD for 1mth rate is 2.25% PA.. means tat u have to take 2.25% divide to 12mths then only u got the figure of 1mth interest for ur FD total amount..:S kinda small like a sand.. yes, that's the calculation.
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MilesAndMore
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Mar 13 2010, 12:46 AM
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Look at all my stars!!
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QUOTE(cherroy @ Mar 12 2010, 03:11 PM) I taught it is 20K or no? It is RM10,000 at Public Bank. That is the maximum amount for Public Bank inter-branch withdrawal. QUOTE(koh_424 @ Mar 12 2010, 03:41 PM) just to confirm tat..FD for 1mth rate is 2.25% PA.. means tat u have to take 2.25% divide to 12mths then only u got the figure of 1mth interest for ur FD total amount..:S kinda small like a sand. Yes. And it works the same way in all other countries. This post has been edited by MilesAndMore: Mar 13 2010, 12:47 AM
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nokia2003
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Mar 14 2010, 04:55 PM
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erm, does anyone here know a rough idea on how a foreign currency term deposit works?
i'm trying to compare the perks (and cons) as opposed to, putting MYR (by converting it to AUD first of course) in australia.
This post has been edited by nokia2003: Mar 14 2010, 04:55 PM
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cherroy
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Mar 14 2010, 05:54 PM
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20k VIP Club
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QUOTE(nokia2003 @ Mar 14 2010, 04:55 PM) erm, does anyone here know a rough idea on how a foreign currency term deposit works? i'm trying to compare the perks (and cons) as opposed to, putting MYR (by converting it to AUD first of course) in australia. here http://forum.lowyat.net/topic/512136/+220
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SUSDavid83
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Mar 15 2010, 12:20 AM
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Another promo from MBB called "eFD Double Deal". Get RM50 cashback now, when you place a minimum of RM50,000 in eFixed Deposit with a minimum tenure of 5 months! Details: http://www.maybank2u.com.my/mbb_info/m2u/p.../PRO-Promotions
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MilesAndMore
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Mar 19 2010, 05:08 PM
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Look at all my stars!!
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Public Bank has revised their 12-month fixed deposit rate to match the one offered by Maybank from 2.60% to 2.75%. Guess they realized they have to do this in order to protect their market share as the second bank with the most deposit in Malaysia
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Dennos
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Mar 20 2010, 10:40 AM
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I got 3percent for FD from cimb Added on March 20, 2010, 10:41 amits monthly mature This post has been edited by Dennos: Mar 20 2010, 10:41 AM
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alex_siong
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Mar 20 2010, 10:44 AM
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have u guys heard of 17% P.A?
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penangmee
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Mar 20 2010, 11:06 AM
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QUOTE(alex_siong @ Mar 20 2010, 10:44 AM) have u guys heard of 17% P.A? Scam
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babybash
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Mar 20 2010, 01:03 PM
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New Member
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QUOTE(Dennos @ Mar 20 2010, 10:40 AM)
I got 3percent for FD from cimb Added on March 20, 2010, 10:41 amits monthly mature How come is 3% monthly? as from the site, is written there only 2.25% monthly.
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besiegetank
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Mar 20 2010, 02:33 PM
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QUOTE(Dennos @ Mar 20 2010, 10:40 AM)
I got 3percent for FD from cimb Added on March 20, 2010, 10:41 amits monthly mature Even if it is for 1 year, it is still higher than most of other banks. Any prerequisite attach to open the FD acc?
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koh_424
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Mar 20 2010, 03:26 PM
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is tat real the CIMB offering 3% for 1mth FD????
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darkshadow
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Mar 20 2010, 03:34 PM
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New Member
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CIMB 1 mth FD rate is 2.25%. even for 1 yr, it's 2.60%.
This post has been edited by darkshadow: Mar 20 2010, 03:35 PM
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koh_424
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Mar 20 2010, 03:37 PM
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how to confirm tat bro??..any link or any supporting new can refer to??..
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MilesAndMore
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Mar 20 2010, 08:14 PM
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Look at all my stars!!
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QUOTE(koh_424 @ Mar 20 2010, 03:37 PM) how to confirm tat bro??..any link or any supporting new can refer to??.. CIMB Bank Current Fixed Deposit RatesThis information has been posted several times by several users since Monday. May be you should at least read back 1 or 2 pages next time as the information is readily available.
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koh_424
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Mar 21 2010, 01:37 AM
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QUOTE(darkshadow @ Mar 20 2010, 07:34 AM) CIMB 1 mth FD rate is 2.25%. even for 1 yr, it's 2.60%. actually i have read through those bank page..as they mention is PA..as well i also consult PBB ald..just bit  bout tis bro mention in '1mth'..haha..
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