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?

I read few back , HL offered the highest with 3.8% but for a year while this one for only 6months , since I am new here , just want to get used with the rules first. Do we need to pay any extra charges or service charges? The paper I get from the bank stated that I will get rm92.21 if I put rm5k for 6 months.

so worth it for me to go open a hsbc account and put my money on their FD rite?

after 6 months the rate will go for

1 month 2.95%
3 month 3.05%
1 year 3.3%

I am not looking for big return , just hold the money first before I need it for my education . thanks to all sifu that replying