Now FD rate has increased from 2.5% to 2.75% effectively today.

Usually I put 90% of my saving in FD, it maybe lower interest but then again, when I need money, I can withdraw anytime.

Maybank is 2.75% for 1 year

many thanks for the info...

thank you

It is rather safe to put FD, it maybe lower interest but the capital is still there when I need money..

I did invest in Maybank Fixed Maturity income fund, sort of like FD. End of the year they give 4.5%, the tenure is 3 years only.( I think this is a bit out of topic )

Anyway, Last year Maybank did offer a Fixed Deposit, the interest is 4% per year but they need to lock you for 7 or 8 years, if you take out, there will be a penalty.

thank you, Actually...You are making the right statement. yes, I makan Gaji only and money is hard to come by these days. I want to play safe, the return maybe less, and it is not a high risk. I have no time to monitor in share market or unit trust fund, honestly...I kena burn before and to me, the most safe place is in FD just my point of view only

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Added on March 10, 2010, 9:39 amthanks for sharing...Only now I know, my parents are maybank supporter , usually maybank staff will inform what they can offer and they will inform me about the news, the one i mentioned, It is not a high risk

This post has been edited by gundam76: Mar 10 2010, 09:39 AM

well, this is jz my opinion only, since the FD some bank cant give so much, maybe the BLR also wont be so high as we, this will actract more people borrow money for housing loan.

I agree

yes, I also have the same thought with you, I hv a few FDs, out of few, 1 or 2 Fd is 1 month only, the rest is 12months, this is just a back up, in case I use too much on the credit card that need to pay up I don't really matter about the interest. I just put there in case of emergency, I can access immediately.

meaning you only get Rm9.37 per month

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.

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

hey Guys,

Public bank also launch new type of FD....do refer to this PB step up rates

I was been informed by my admin manager, she told me it is worth putting it, it is until end of june 2010. For those ppl like me who doesnt want to take risk, you may consider it. you can take back the money after 10 months. There is a pdf file you can refer.



This post has been edited by gundam76: Jun 9 2010, 11:27 PM

you can got into maybank2u website or public bank,inside got explain to you which package you want...

yes, I know, i use the excel file to key in the formula and end up i didnt get much

However, they predict that this sept FD interest will go up, if I fix for 1 year, I might lose some interest. If I put in 1 month for 2.5%, when it goes up, it will follow. So, I may not be rugi if put in 1 month than 1 year.

This offer is very tempting, would you mind share with us how much min need to deposit ?? what is the terms and conditions ??

what if you in need of money and close it, do I get back the priciple or any penalty impose ??? such as losing the interest or others ??

every year sure got inflation, this we cant deny.

Fixed deposit is never crazy for 2 years, Maybank last year offer 4% for eight years and if not mistaken the 8th years is 5%. Interest pay out. If you have a big lum sum $$ and you dun plan to use it, then it is worth it.

Then do you have any suggestion ??? invest in share market ?? which share market you propose ?? unit trust ?? so many which one ?? can help me??
OR would you like to suggest become ah loong and lent money and set a higher interest ???

If you would like to use the word depressing, let's say you dont have any money at all, this is call depressing !!!

My interest is pay out during January, during economy crisis, we all dun have bonus and increment. But for that particular year, I still can spend and some more maintain the Ang pow money for my dear parents !!!!

so, what is so depressing about ??

thanks for the kind info, Australia ?? oh, that one, My admin manager did tell me about it, I believe her what she told me and she even show me the fact, just that I am so far not willing to invest. there are many oppotunity out there. just that need to find the right one.

But I do appreciate your sharing. thanks nokia2003

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Added on June 13, 2010, 2:36 amlexiqa, you dun have to use the word pathetic, at that time the interest rate was as low as 2.5% per year, jz that I am NOT sure it will go up or down, the officer offered me. So I end up deposit it, not all the money put into a basket.

If you really dun know how to put into good words, I suggest you mind your language how you describe a person!!!

Different ppl got different thoughts, opinion and judgement !!!!

This post has been edited by gundam76: Jun 13 2010, 02:38 AM

who is scaring you ? you are just being sensitive only. PM you is to clarify, not threats....is you who think that way

well, if it is a short term like 1 to 2 years and you dun need to use that extra money, I think you can consider, but maybank official told me they predict on sept FD rate will increase. Maybe it is not worth, but no harm ask around and see what is the terms and condition, sometimes got string attach

thanks for sharing...

This post has been edited by gundam76: Jun 13 2010, 10:49 PM