You can put in additional rm5000 fd now without uplifting the 1st rm10k fd. So you don't rugi at all.

So got give 4% as one forumer speculated ealier ?

Rm1kk is rm1,000,000 ?

Your nick suit you best maturity date is decided by you, you can't ask the people here. I wouldn't know when you want to place the fd and how long is your fd tenure.

Aiyo, your are really the champion of all the noob questions in this FD thread.

You can switch bank when your FD maturity date is up.

That's the best return so far for those category of people who placed FD in the blocks of RM200K each if there is no cap for the 4%.

This post has been edited by aeiou228: Jan 5 2012, 12:36 PM

Ya, more or less straight with addition you must sign up as premier customer. But after 3 months, don't withdraw all la, leave behind min RM200k to stay in touch with your RM ma.

Er..Maybe my posting confused you, I refer those who make FD placement in the blocks of RM200K or higher as rich people who has millions of $ in their bank accounts.
eSavers is a savings account and the rates are tiered basis, if there is no cap, these rich fella are best benefited because they don't need play musical chair for the OCBC 5% but 1m cap.

Last time we can use 30% term loan and 70% OD to buy a new house. So being kiasu like bro GEN-X, After I kira kira kira, FD so miserably low, I "park the FD into OD" and voila....my "FD" suddenly worked overtime to "earned" me 6% to 7% interest. Until now my OD facility is still there unused right from the disbursement but the best thing is I use the OD facility as a no cost, no commitment yet highly liquid "Opportunity Fund" to standby for opportunity deployment.

Oh sorry, I put it too briefly. It simply means instead of placing money in fd, place it in od to cover up the outstanding overdraft. OD interest is always higher than fd interest. i don't earn the OD interest actually but I save from paying the high OD interest. So my cost of borrowing is actually equivelent to the fd rate.
As for the opportunity deployment thingy, I just learned these jargon from bro gark today. I used to call my standby OD fund as contingency fund but now I know i can name it as opportunity fund too.

edited
sorry ...wrong thread.

This post has been edited by aeiou228: Jan 6 2012, 12:57 AM

Aiyo..aunty sylille so "geng", one or 2 posts only, her standard of language immediately adopted by FD thread.

Yeow Kwee,
FD musical chair,
Atas
Bawah

I like gark's " Opportunity Fund" too.

Is guarantee one la, use of "indicative profit" is to comply with Islamic banking terms.

Islamic banking can not have FD in the first place, instead it use the term investment and the interest rate is replaced by profit.

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Added on January 6, 2012, 7:32 pmTrust me la bro.

This post has been edited by aeiou228: Jan 6 2012, 07:32 PM

Guess why the bank put indicative profit ? Because future profit can not be predetermined. In can predetermined a future profit then the profit tak halal already.

Well, if the bank no need to keep to the advertised indicative profit promise, then even they advertise 10% indicative profit, no body would want to invest.

Hi

To all members of FDMCG clan, this sms from SCB just came in to my mobile minutes ago. Looks like we have another round of FDMC game to play with. (I'm referring to the sms at the top.)

Sometimes customer service people just want to play safe of what they say, similar to the SCB customer service advising one of the forumer here to keep the esavers account balance until 4th Jan at low interest rate in order to qualify for the special bonus interest. It was later proven unnecessary.

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Added on January 11, 2012, 2:06 pmYou can't get an official answer that indicative profit on deposit investment based on mudarabah principals is guaranteed. But off the record, they might verbally tell you it is more or less fixed.

This post has been edited by aeiou228: Jan 11 2012, 02:07 PM

http://www.standardchartered.com.my/edm/de...0112/index.html

It’s good when you are given preference for special interest rates

As a way to further reward our valuable customers, we’re pleased to extend a privileged offer to you - a special interest rate of 4% on new fund top-ups for 3 months (January to March 2012) in selected* e$aver Account(s).

It’s always our pleasure to help you make the most out of your relationship with us. Your Relationship Manager will be in touch with you to share more details.

Should you have any enquiries, please do not hesitate to contact your Relationship Manager or our general line at 1300 888 888.

e$aver Account is eligible for protection by PIDM.
#Terms and Conditions:
1. The 4% CASA campaign will run from 1 January 2012 till 31 January 2012, while the bonus period is from January to March 2012.
2. This Promotion is open to customers of Standard Chartered Bank Malaysia Berhad who have received our invitation to participate in this campaign AND have an existing e$aver account with SCBMB before and throughout January 2012.
*3. This promotion applies only to the account(s) specified by the Bank. Your Relationship Manager will inform you of these account(s).
4. To get the special rate in each month of the bonus period:
(a) customer's incremental ADB in the promotion account for January 2012 must be at least RM10,000, and
(b) customer's incremental ADB across all the Standard Chartered Bank Malaysia Berhad and Standard Chartered Saadiq Berhad Savings and Current Accounts in each month of the bonus period must be equal to or more than the incremental ADB of the promotion account.
5. Bonus Payments are paid only on the incremental ADB in the promotion account, up to a maximum incremental ADB of RM250,000 per account.
6. For full Terms and Conditions, please click here.

http://www.standardchartered.com.my/edm/de...2/pdf/terms.pdf

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Added on January 12, 2012, 1:39 pmCeh....! Waste my time reading the SCB T&C, another “Incremental ADB" after CIMB.

This post has been edited by aeiou228: Jan 12 2012, 01:39 PM

Ei ....? Suddenly fd thread become day dreaming thread.

I also want to OT abit.
Here is something more realistic, put rm5000 and get rm124 return every month. More then 30% p.a. effectively. Datuk seri Najib guarantee one. SARA 1Malaysia.

After reading Gen-X's blog, I also "See-Pek" kiasu went over to OCBC to collect the angpow. The pretty RM asked me how come you know got premier angpow one ? I said to her I know la....hahaha thanks for gen-x's info.