no point to keep money in FD now. I dump all my saving in my Flexi Home loan, it saves interests 3.75%, better than keeping in FD.

i heard only our RM40,000 saving in bank r guaranteed by gov if bank bankrupt, if more than that amount, it considers "burnt" if bank closed, true ah?

in fact i really hope the bank closed coz my loan amount from bank is more than my saving if bank bankrupt & i no need to pay back the loan, that's great, i dun mind to "burnt" my saving in Bank But i know it's impossible, we still need to pay back loan if bank closed!

ya lo, that's on dreaming...hv to wrok hard to settle my loan early, planning to settle my home loan within coming 4 years, hopefully co. no retrenchment.

2.55% is very high now ah? long time never follow up on FD rates, didn't know it is so low now. last time 3% already low, now worst.