HI, I notice that Joint Account is listed under Mubeen, while none is listed for Warga Emas. My question is, can I open a Warga Emas Joint Account with my mom? I am not an old citizen, but she is. Thanks

int rates are the same, only benefit is may be 1 or 2 k dep for warga emas

but am i allowed to be a joint account holder?

Can you confirm this? The info in the pdf file was updated on 29 April 2010.

I just checked PIDM site at http://www.pidm.gov.my/About-Deposit-Insur...ution-List.aspx, Can't find Bank Rakyat in the list and it says Development financial institutions aren't PIDM members.

Bank Rakyat has been constantly offering high FD rate. Only one thing is that deposit in Bank Rakyat isn't PIDM protected while deposit in other commercial banks entitle PIDM protection. If you are very confident with Bank Rakyat, then you may place an fd with them. But if you like to have your deposit to be protected by PIDM then you could try OCBC FD promo, the rate is high as well:

http://www.ocbc.com.my/personal-banking/Pr...eals/index.shtm

Anyway are you talking about the cash back promotion of SCB? Their offer is good. Last time I got two cards approved as well but they don't give the cash back right away. They require the card holders to use each of their credit cards two times first. Once you have met their requirement, they will give the cash back. It took about three months for me last time.

But the RM50 gov tax will be charged as soon as your credit card account is created. I got first year annual fee waived. To confirm this you may call them first before submitting your application.

The government won't allow the banking system to collapse. There'll be M&A if one bank starts to fall apart or to follow US example by bailing out that particular bank with public fund from tax money.

The government won't allow the banking system to collapse. There'll be M&A if one bank starts to fall apart or to follow US example by bailing out that particular bank with public fund from tax money.

According to the terms and conditions -

11) If a New Customer applies for more than one credit card through any application channel during the Campaign Period, the cashback will only be awarded to one credit card, namely the credit card with the highest cashback entitlement.

Since you have two cards approved, did you get the cash rebate for one card or two cards?

What if the government goes bankrupt? That is what one of our minister predicts.

Use tax payer's money to bail out a bank because of poor management? Well, good reason to have Bersih V8.8 and the end of BN for sure. Today's educated rakyat is different from last decade.

OT: Since the days of Dr. M already corruption is rampant.... Dr M was very smart to keep it under cover only. Do you really think corruption started recently only. The govt won't bankrupt that easy lah. PKR will be the same as BN only... PKR = wolf in sheep's clothing only.

What if the government goes bankrupt? That is what one of our minister predicts.

Use tax payer's money to bail out a bank because of poor management? Well, good reason to have Bersih V8.8 and the end of BN for sure. Today's educated rakyat is different from last decade.

Two cards also got the cash rebate. That was last year Jun. Not sure if this term already had that time. But SCB promotion now shows that the amount of cash rebate of individual card has increased about two times.

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Added on April 30, 2012, 8:22 am

Too much of corruption issues that I don't believe much of this gov anymore. They not just can use tax payers' money but also KWSP has hell lot of money for them to use.

What was the amount of cash rebate per card that you've got last year?

That's why we need strict regulation on bank how they can run, how they can leverage themselves, loan guideline etc.
As banks collapse can have domino effect or systemic effect on the financial system which leave gov no choice but bail out, as if let them fail, it is still public money (bank deposit consist of public money as well) in stake.

I opened the SCB Step-Up Fixed Deposit....
Start Date : 30 April 2012
End Date : 31 October 2012

I was expecting mature on 30 October 2012... interest calculation is based on 366 days per year.

What's the rate like?

To add, why should tax payers "repay" those "greedy" people wanting to deposit in those institutions for a little bit more interest (instead with those where their funds are insured under PIDM) in the first place,