CIMB has 2.58% locked in for 8 months in conjunction with national day. 2.58% only for senior citizen while normal rates will be 2.48%
FD rates in Malaysia, Which bank offer the highest FD rates?
FD rates in Malaysia, Which bank offer the highest FD rates?
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Aug 20 2009, 01:16 PM
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#1
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CIMB has 2.58% locked in for 8 months in conjunction with national day. 2.58% only for senior citizen while normal rates will be 2.48%
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Mar 9 2010, 06:09 PM
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#2
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1,202 posts Joined: Jun 2009 |
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Mar 30 2010, 02:03 PM
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QUOTE(gark @ Mar 30 2010, 12:18 PM) If we just rely on FD's interest rate to be the majority of our investment, we will lose the same amount to inflation. I am aiming a minimum of at least 5%-7% per year just to break even with no gains after inflation. Investment is less about skill and more about reading, quantifying and make summary judgement, and more reading. you can easily get 5% through asm or possibly as1m.and in order to survive (beat inflation), you will need to target >10% per year |
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Jun 11 2010, 11:37 AM
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#4
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QUOTE(gundam76 @ Jun 9 2010, 11:24 PM) hey Guys, not really worth it. If you calculate properly, you only get 2.83% per annum. The interest earned monthly are not rollover and interest will be calculated based on your principle. If you break the fd, then you will only get to base 2.5%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. |
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Aug 19 2010, 11:40 AM
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#5
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