Think of it this way.

There are 3 offers
1) Waiver of fee for 12 months for advance amanah (obviously only applicable if you open an advance amanah)
2) 5% term deposit offer (must open premier or advance amanah)
3) 1% off personal finance

Offer 1 and 2 are related, but the third offer is on its own (T&C did not mention any other related product you must apply at the same time).
The T&Cs, just like in the past, are poorly written - sometimes almost amateurish.

This post has been edited by ascend: Jun 17 2012, 10:01 AM

After reading thru here and HSBC website, need to reconfirm the following:
What is the max amount of deposit that will enjoy 5% interest? rm50k?
Deposit can be spread over different days?
Promo ended on 30Sept?

Yes RM50k if you open the HSBC Advance Amanah-i
You get the 5% promo rate once on the SAME DAY you open the HSBC Advance Amanah-i account at Kota Damansara/Wisma UOA II

Thanks

Citibank lowered 12 months FD interest to 3.10% started around end of May.

UOB still has 12 month FD 3.6% but only for those above 50 years old. Offer end on end of June.

if i have 2k, for 12 months, what is the best fd.

refer to page 1, choose the bank you like, call them and share with us the outcome

Thanks for the info, updated 1st post.

Other Foreign Banks that also lowered the 12 months FD rate in the last two months were OCBC and SCB. Surprisingly HSBC sitll maintaining their 12 months rate at 3.15%

This post has been edited by Gen-X: Jun 19 2012, 02:01 PM

previously read abt bank rakyat 4% but missing d now...

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.

You can still do it now. I called earlier this month and Bank Rakyat does still offer 4% per 12-month tenure.

Missing? Here you go: http://www.bankrakyat.com.my/web/guest/126

CITIBANK currently is offering 5% p.a. for time deposit (exclusive for new Citigold client) , no investment product tie up.

Kindly contact me for more detail.

Email - wei.xiong.liau@citi.com

why cant disclose here ? whoever contacted you will share here and this is spirit of sharing....

Citi bank is worrying about their competitors ? their staffs are trained in this way to get more customers ???

what is requirement for gold client?

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Added on June 20, 2012, 9:20 amwhy banks are lowering the FD rate?

This post has been edited by Kaka23: Jun 20 2012, 09:20 AM

No lah, Citibank not worried but their staff have quota (have to hit target for new customers and sell products) to meet to earn commission and have reasonable income. So the guy trying to cari makan here loh.

Anyway, to share with you guys, the 5% Time Deposit is applicable for new CitGold Customers for 2 months only and Maximum amount entitled to the 5% is RM200K (minimum amount to open CitiGold Account).

Also just for into, with our local HSBC Premier Account, we can be entitled to HSBC Premier Account at their overseas branches but not the case for CitiGold.

Anyway, for those interested to see comparison of the conversion rate when withdrawing cash in Australia with Citibank Debit Card at Citibank ATM versus Citibank Global Transfer, click here to my long winded article.

And for those of you who wants to have FREE monthly fee accounts in Australia click here to find out more.


like I mentioned above, minimum deposit RM200K (not necessary all in Time Deposits). And if wish know more about Privilege Priority Premier Banking Accounts and benefits (more terms of credit cards) for Alliance, Citibank, HLB, HSBC, RHB, SCB and UOB, click here. OCBC PB really useless, no extra benefit at all but you get a free gift.

This post has been edited by Gen-X: Jun 20 2012, 10:25 AM

is there any bank that gives at least 3.5% for 3 months and below 10k? saw from 1st page but minimum requirement 10k..

Hi,
What about exiting Citigold with fresh fund ? Thanks.

Bank Rakyat with 3.65 for 3 months. Minimum RM5,000.

Source: http://www.bankrakyat.com.my/web/guest/125

which bank has the highest FD rate for less than 6 months tenure which we can renew it over the internet instead of going over the counter?

Can Affin Bank FD be renewed OTC?

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Added on June 20, 2012, 1:57 pmcan it done thru internet or MUST be OTC?

This post has been edited by zaFrOoNaLdO: Jun 20 2012, 01:57 PM