I did go to OCBC today and the 9 months FD rate is 3.6% Offer until end of this Friday. Minimum RM10K and no other conditions.

i found this: PBB ptomotion until 31 march 2011
http://www.pbebank.com/en/en_content/perso...ons/stepup.html
terms and conditions
http://www.pbebank.com/en/en_content/images/step_tc.pdf

Definitely not . The effective interest rate is less than 3% 

Step up rates seems to be the current trend adopted by FIs. If you can't convince them, then confuse them 

OCBC regularly host a Mighty Savers weekend for the 1st weekend of each month, at all their branches.

http://www.ocbc.com.my/personal-banking/ba...shtm?bcid=M1_C6

Okay I'm new in investment and I have this question.

Let's say for a Foreign Currency FD, the rate given is 9% p.a.

I invest RM50,000. What would the interest be for one month?

Thanks.

NO Banks will give you 10% for AUD FD, without conditions attached (such as purchasing insurance or other investment products). Having said that, 10% is a joke isn't it? even banks in Australia don't give you anything more than 6-7%. Yes, the 20% is a joke.

ambank latest

9 months 3.38
36 months 4.00

DCI is a structured product, its not a investment instrument that need close monitoring compared to currency trading. DCI is not about predicting currency direction, either the currency trending up or trending down, there is always a chance to earn the interest rate from DCI without getting converted to the currency which is weaker. Just choose a lower interest rate and get a larger spread between the strike and the spot rate.

Hi all, just a simple question. I've 10k to save FD, any bank offer higher rate to us ? Not willing to take risk in investment. Thanks

BSN offers steady 3.15%, currently i have my 10K onto it, not sure about others though there are forummer who mention RHB does offer a higher 3.20%, nowadays the FD rates for most bank won't shoot as high as 3.5%, if got, only for certain promotion period. If u wanna gain a higher rates, aim for SUKUK( btw, i don't think it is available at the moment), or ASM. Both of these are free of risk and principal guaranteed too, just that it is not always available all the moments.

with RM2million FD, approximate u have RM2000 interest rate per month.

went to PBB. there is 4.38%. BUT with condition, money from other bank. not take from your pBB account and dump into this 4.38% FD.
They encourage outsider to put FD.

I think it's ok. You have to ask them when can you get the interest earned because from what i know, they will pay you the interest on a half-yearly basis for fixed deposit with 60-month tenure. Not sure how it works for 36-month FD.

For 60-month placement, they will pay you the interest on a half-yearly basis.

Public Bank revised FD rates as at 10/05/11 3:15 PM:-

Tenure Rate (p.a.)
1 Month 3.00
2 Months 3.00
3 Months 3.00
4 Months 3.00
5 Months 3.00
6 Months 3.05
7 Months 3.05
8 Months 3.05
9 Months 3.05
10 Months 3.05
11 Months 3.05
12 Months 3.10
13 to 60 Months Negotiable

PB Golden 50 PLUS Fixed Deposit as at 10/05/11 3:15 PM

Tenure Rates (p.a.)
1 Month 3.10
2 Months 3.10
3 Months 3.10
4 Months 3.10
5 Months 3.10
6 Months 3.15
7 Months 3.15
8 Months 3.15
9 Months 3.15
10 Months 3.15
11 Months 3.15
12 Months 3.20
15 Months 3.20
18 Months 3.20
21 Months 3.20
24 Months 3.20
36 Months 3.20
48 Months 3.20
60 Months 3.20

Still no update from Maybank and others yet.

We don't but the banks' websites have.

Agree with the above.

BTW, OCBC Bank got FD Promotion effective 9 till 18 May 2011
3mth    3.45%
6mth    3.50%
12mth  3.65%

Its featured in today's The Sun Paper
http://203.115.192.117/wednesday/wed_page13.html

HSBC Amanah is now giving 3.30% for 12-month tenure which is amongst** the best in the market now. Just thought some of you may want to know 

**The other two banks giving 3.30% for 12-month FD is CIMB Bank and RHB Bank.

If branch presence and name brand is not an issue for you, you may want to consider Affin Bank as they are now giving 3.60% for 12-month FD which is the highest amongst all the commercial banks in Malaysia.

Hm, strange. CIMB revise their 1 month rate back to 3.05%.
It was 3.05% earlier this month.