Did you not read the newspaper in the last one year ? All the central banks around the world lowered down the key interest rate/overnight policy rate in late 2008/early 2009(whatever they call in their respective countries) to encourage spending and people getting loan from banks.

Anyway, you can expect our Bank Negara to gradually increasing the OPR starting in the fourth quarter of this year.

FD are for losers, period.

There are many other places to put your money.

i put 5k in FD in hong leong bank then can apply credit card. Coz my job no payslip.

Thats what i heard from my friend working at HLB say, u put 5k in FD then the bank hold your FD for 1 year and u can apply the cc. U can go HLB inquire.

Yes. That is true. Many banks are offering such credit facility such as Public Bank, AmBank etc.
Yes. This was raised many times in the dedicated credit card thread.
I have 
Not really sure if Hong Leong Bank is offering credit card secured by FD but other banks such as Public Bank and AmBank certainly have. I think EON Bank too, has credit card secured by FD.

http://www.pbebank.com/en/en_content/personal/rates/fdrates.html

Public Bank Fixed Deposit Rates  as at 19/02/10 3:45 PM
--------------------------------------------------------------------------------

Tenure Rate
1 Month 2.00 (min RM5000)
2 Months 2.05 (min RM1000)
3 Months 2.10 (")
4 Months 2.10 (")
5 Months 2.10 (")
6 Months 2.10 (")
7 Months 2.10 (")
8 Months 2.10 (")
9 Months 2.10 (")
10 Months 2.10 (")
11 Months 2.10 (")
12 Months 2.50 (")
13 to 60 Months Negotiable (")

standard rate, why the  ?

for foreign currency FD, is there a risk? our capital is protected? what about the interest rates? it fluctuates according to the currency rate? we follow the rate stated at the point of fd maturity date right? eg: affin bank says 3.8% but at the end of the tenure not really 3.8% right? currently I'm also looking at public bank AUD fd 5.45% for 12 mths.

or any other suggestion from sifus here? 

note: i have about rm10k to put in.

I have some Fixed Deposit in Account.

a) If I take out the $$ b4 maturity date, do I still get part of the interest ?

b) If the previous maturity date is 12 months, after maturity date, it also AUTO RENEW to 12 months ?

c) can I change the maturity date to 1 month ? (EVEN B4 maturity date)

it might drop also...
FD confirm earn 3%.... but gold if price drop...then your money burn also ...

I will go for Hong Leong Bank's 3.8% pa for 1 year tenure.

If you have a kid, you can consider 4.5% pa for 2 years tenure (in Hong Leong Bank)

Or you can consider 3.5% pa for 6 months tenure in UOB.
Or 3.4% pa (average from 3 months) for 3 months tenure in UOB.

I do not put FD for 1 month term now.

Low risk low return, my friend

You can consider 4.7% pa for 5 years term in MBSB.

But you will not get compound interest, interest will pay
into your MBSB saving account every 6 months.
And you will get interest in your MBSB saving account.

But I suggest to put your FD in short term now, like 3 to 6 months term.

how much is the FD rate for 12 months period for Affin and UOB Bank?

sorry I am noob in this section , today just went to hsbc rampai that offer interest up to 6.88%

I get a copy of this information and want ask all seniors here opinion
average profit = 3.05% x 5 months + 6.88% x 1 months
                        15.25%+6.88%
                        22.13% / 6 months
                      =3.69%

the requirement is to open a hsbc account with rm500 inside the account.
I am planning to put around 30k , can anyone advise me should I go for this or is there any  bank that offer higher?