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

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SUSSeLrAhC
post Jan 22 2009, 03:06 AM

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hey guys... ambank is offering 3.4% for 4 months... just for chinese new year.. requirement is 4 months n minimum 20k
SUSSeLrAhC
post Jan 22 2009, 02:52 PM

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i think ambank still got their special fd for 4 months.. still 3.4% only till CNY is over..
SUSSeLrAhC
post Jan 22 2009, 03:49 PM

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QUOTE(cherroy @ Jan 22 2009, 03:14 PM)
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.  icon_idea.gif
*
this is special promotion... they got normal rate n special rate.. have to go ask them clarify...

i miss the days of 14%
SUSSeLrAhC
post Jan 23 2009, 03:05 AM

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QUOTE(yushin @ Jan 22 2009, 04:43 PM)
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%
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QUOTE(??!! @ Jan 23 2009, 12:26 AM)
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!
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see... the bank thinks that the rate is too low and they want fast capital... they are still willing to increase the rate.
SUSSeLrAhC
post Jan 23 2009, 12:34 PM

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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?
SUSSeLrAhC
post Jan 24 2009, 01:06 AM

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QUOTE(June_llk @ Jan 23 2009, 10:26 PM)
With OCBC iQ saving plan..
1 month 4.00%
3 month 4.00%
1 year 4.00%
rclxms.gif
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i think have to have investments with them only can...
SUSSeLrAhC
post Jan 24 2009, 08:31 PM

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hmm... that means have to qualify for their cc 1sy... very mah fan
SUSSeLrAhC
post Jan 25 2009, 09:06 AM

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QUOTE(yenyen08 @ Jan 24 2009, 09:33 PM)
i invested in al-mudharabah in bank simpanan national...
is this a FD??
their banker told me that they have the highest rate among other banks..
and their interest is 4% for 1 month..
correct me if i'm wrong..
*
hmmm, usually it is investment but very low risk investment.
SUSSeLrAhC
post Jan 27 2009, 12:41 AM

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u read properly a lot of these so called fds are not really what they are. there's one called i think mega from maybank. when i first started out to invest, i dont know much. they wrote there offer 16% epr annum, then put out d projection returns in how many years time. the plan is 10years time. and they say insurance is included balh blah blah... what actually is, the 16% u will get is used to pay up d insurance, isntead of getting $$$ u r actually losing it, and whatever u will get in 10 years time is actually ntg but the amount of insurance u pay.
SUSSeLrAhC
post Feb 8 2009, 03:56 PM

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so far i think maybank 4% for 3 months.. ends after cny but u have to talk 2 d bank manager as each of them got limit.

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