http://www.ambg.com.my/rates_fees_charges...._deposits_rates

Requirements
RM5,000 for FD and RM5,000 for insurance premium
Minimum age: 18 years old and above.
Minimum deposit amount: RM10,000 for 15, 24 or 36 months

Wow 48months, tat's 4 years!!!
Are you sure nterest is payable quarterly with no penalty on early withdrawn?
BTW, payable quarterly is how long?

I click on the link and it didn't state that no penalty for early withdrawn which means you will lose your interest if you withdrawn early and 4 years for 3.6%, i would rather opt for other banks.

I was approached about this offer last month. There is a penalty if you withdraw early. I was told that no partial withdrawal allowed either. If i'm not mistaken, the rate will be reverted to normal board rate should you decide to close the FD account before it matures. As they will follow the 3-month or 1-year FD rate, that one i ain't too sure.
Correct. There definitely is a penalty. I can confirm this one.

The Promotion is valid till 28 February 2010?

I went to Maybank just now, also cant see the promo.
From the board, it's written exactly what i see from the website only.

So, i put 1 month FD, 2.75% only. 

wow. ya wor. but min 10 months tenure. 

will the % rate increase again?     

  Capital protected ?

  Thought so. Don't have the appetite to digest such a risk yet.

if now i have 1million in my maybank....then i want to put my 1m to affin bank or public bank....i have to buy Cheque at maybank for me to transfer the $ to other bank...than a have to separate the $? if a single Cheque with 1m...government will charge tax?

why?

i think withholding tax is only for company....?
how does it work?

if i put 1m in fd,i can get 3k per month after a year...

What you need to buy is a Banker's Cheque. Once you buy the Banker's Cheque (Maybank charge RM5 if i'm not mistaken), deposit it into Affin Bank/Public Bank. When the Banker's Cheque is cleared which usually takes 1 - 2 working days, then go back to Affin Bank/Public Bank to open the FD account. You can ask them to separate it into 10 FD accounts or just put all into 1 FD account.
The withholding tax on interest earned from FD has long been abolished. Therefore, it is absolutely not necessary to divide your money into so many FD accounts.

Besides, when the withholding was still in place. People always divided their money into RM100k maximum per FD account to avoid the 5% withholding tax. So it was not less than RM100k.
Please refer to the post above.
Every banks have different rules. You should refer to your bank. As far as i am concerned, many people i know used to have more than 10 FD accounts at HSBC but not anymore. Not anymore since the 5% withholding tax was abolished anyway.
Since the 5% withholding tax had been abolished, you do not have to separate your RM1 Million into 10 FD certificates. Just put everything into one FD certificate. There is absolutely no tax to worry about.

saw a flyer in my mailbox few days ago....now ALLIANCE bank giving FD rates of 5%.

it states:
enjoy fd rates at 5% when u deposit equally into ur current/savings account(casa) and FD

FD tenure  fd promo rate      fd:casa ratio

6 mths        5%                    50:50
9 mths        5%
minimum placement is rm 30k

then in the terms and agreement it says:
The deposit must be made with new funds i.e NOT funds transferred from existing Alliance Bank savings/current/fd or in the form of alliance bank cheques,cashiers orders or demand drafts.
All deposits that are NOT new funds would not be eligible for the campaign...

*Sweat*

Hello, new member here. I have found kind of FD named IFD-i Just4u Campaign, by MAYBANK, launching date is 04-04-11 until 30-06-11.
Promotional rate (4 months tenures, 3.7%p.a. for 1st month, 2.9%p.a. for next 3 months) and (6 months tenures, 4%p.a. for 1st month, 3.1%p.a. next 2 months and 3%p.a. for next 3 months).
I am planning to put RM250K in individual catagory , any advises?? Is it recomended?
Thanks in advance =)

hey guys,
I just found this and decided to share with you guys.

HSBC bank offers 8.50% p.a for FD.

Link: http://www.hsbc.co.in/1/2/personal/bank-ac.../fixed-deposits

BSN Update - 4% for 60months FD. Apart from this, nothing is competitive at BSN.