just currios guys, pidm 60k cap mean per cert 60k or per account 60k or perbank 60k cap.
FD rates in Malaysia, Which bank offer the highest FD rates?
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 Jul 26 2010, 01:19 PM
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#1
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2,215 posts Joined: Nov 2007 From: Cheras, KL.  
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Jul 26 2010, 01:37 PM
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#2
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2,215 posts Joined: Nov 2007 From: Cheras, KL.
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MnM, means even we have 2 different account for fd is still cap at 60k ie: me 1 acc + 1 joint with wife? i know its unlikely bank in malaysia will fail, just to get more knowledge.
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Sep 28 2010, 08:32 PM
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#3
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2,215 posts Joined: Nov 2007 From: Cheras, KL.
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QUOTE(michaelho @ Sep 28 2010, 07:12 PM) Currently I have invested in HLB JUNIOR FD at 5% pa for the tenure of 4 years. So far so good . bro is that acc compounded int?  |
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Sep 29 2010, 06:59 AM
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#4
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2,215 posts Joined: Nov 2007 From: Cheras, KL.
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QUOTE(michaelho @ Sep 28 2010, 09:50 PM) No, it isn't. Interest will be credited MONTHLY into your Junior Savings acc. Note the word JUNIOR FD and JUNIOR SAVINGS . It's meant for parents and their children. You can always ask your close relatives with children (provided u trust them 101%) to place the deposit for you. Ic, i my self already a parent of 1   |
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