No longer available.
But I did come across some promo they are having now for 3 months FD:
http://www.ocbc.com.my/docs/pdf/TC_Conventional_Al-Almin.pdf

Looks too complicated so did not bother pursuing it.

Looks like I have to take my funds out from Bank Rakyat and move to SCB, losing 5 days interest.

hahaha, go nego with the Assistant Manager and ask him to match SCB offer lah.

Too rush to do that, cash out from Bank Rakyat (free banker's cheque) and JIT to put in SCB FD. All for savings of rm150.

Earn RM150 for few minutes work, do it twice a year and you'll be RM300 richer

Thanks Genx for your postings here and your blog and also other forummers in this wonderful forum esp "Finance, Business and Investment House". Has been earning some pocket money and some savings. Would have earned more if I have discovered this forum earlier instead of 2010.

In the T&C, it states that all proceeds will be automatically credited into the Nominated CASA.

Now I'm not currently a StanChart customer, is it possible to nominate another bank's CASA for this step-up FD?
Or must I open a new StanChart CASA?

Have to open a SCB CASA

all banks of course want you open up saving account with their own banks where you earn the high FD rate

This post has been edited by gsc: Apr 24 2012, 12:45 AM

If we start the SCB Step-UP FD program in May-2012, we can earn additional 1-day interest



vs



This post has been edited by ronnie: Apr 26 2012, 01:52 PM

Just to summarize. For 6-month tenure (guaranteed returned), below is the sequence.

1) SCB - average 4.00% (but must be min 50k)
2) Bank Rakyat - 3.75%
3) OCBC - 3.65%

Correct me if I'm wrong.

no pics

Repost the images again....

I just went to SCB and took up the 5% step up FD promo on Monday. The pretty consultant said I was the first customer who walked into the branch and bought the product I teased her to give me free gift, she smiled beautifully and then she said give me cash back instead

how long do you guys put in fd normally?
3-5 years?

Depends on your requirement, if you have extra cash that you foresee that you would not need it for a longer time, you can put it longer to enjoy better rate.

say if i put it aside and not using it until retirement
how many % i could enjoy?

What cash-back did you get ?

3 mths 4% better or 6 mths 4%?

If in 1 Aug there are other banks offer 4% or more then 3mths 4% is better. Am I right?

I think he is getting his cash back in the FD cert.