Yes

It wasn't a one-off thing. This "profit paid upfront" scheme is still offered not just by CIMB Bank, but also many other banks in Malaysia too such as Maybank, HSBC, RHB Bank, Bank Rakyat, just to name a few.

This post has been edited by MilesAndMore: Jun 12 2012, 03:18 PM

Fingers crossed! Got a few FD maturing in August.

Yes. Maybank, HSBC, Bank Rakyat, RHB Bank all have this interest paid upfront FD too.

It's a Shariah compliant FD.


Because they rarely update their website with their latest promotions.


This "covered by PIDM" thing is quite a recent thing too. Of course our savings are all covered by PIDM for a very long time now. But with the banks stating clearly under each CASA/FD that it is covered by PIDM is a very recent thing. I still have some of my CASA/FD passbook, slips, brochure from pre-2009 and none were printed with the PIDM logo/message etc.


This post has been edited by MilesAndMore: Jun 14 2012, 11:49 AM

All the banks i usually bank with all require us to have a savings account with them. Which bank doesn't require us to have a savings account in order to open a FD account ?

Thanks. Wasn't aware of this because one gotta have a savings account to open a FD with the banks i usually bank with... well, except Public Bank. But that's probably i have always had a savings account with them. So i never bothered to ask hence did not know they allow one to open a FD without having to be a Public Bank savings/current account holder. I wondered Affin Bank or Bank Rakyat allow the same thing too...

Thanks.

Anyone knows if Bank Rakyat or Affin Bank allow one to open a FD account without having to be their CASA holder ?


That's for Maybank's regular savings and current accounts on annual fee free option. Their basic savings/current account give 8 free withdrawals per month (assume one chooses the no annual fee option, yes, you are allowed to choose too).

HSBC did revise their profit rate for Amanah Term Deposit-i (standard scheme) from 3.30% to 3.30% and from 3.20% to 3.15% for the upfront payment scheme one.

RM300,000 to qualify and to maintain the OCBC Premier Banking status.

Service fee only applies if your total relationship balance falls below the required RM300,000 for that particular month. Not too sure how much is the service fee though. You may just walk into any OCBC branch with Premier Centre to upgrade your account to Premier Banking account.

No. You can't. I tried this before and upliftment of FD done online can only be done through the same channel.


Somehow i missed this reply of yours when i made the reply to you post. Anyway, I tried to withdraw my e-FD through my home branch last time but it was not possible. This was 2 or 3 years ago. Yeah. A long time ago Let us know if you can withdraw your e-FD at your home branch.

By the way, home branch refers to your account holding branch. Just go back to the branch where you opened your savings or current account at.

This post has been edited by MilesAndMore: Jul 21 2012, 01:14 AM

How so ? You need to elaborate more or else how are we supposed to know what you are confused with ?

And thank God there are already three in the city that's only 50 minutes (25 minutes of flight time only if you take SIA) away from KLIA. So we're pretty blessed actually