oh, so how much is the rate actually? also ah, your link broken is it, cannot load...

dunno, tried just now doesnt work... broken link is it?

please read first post, check out quote by MGM

thanks to genx, i checked this up at a hlb branch.

yes, 3.6% for sr citiz and 3.65% for kids, 1 yr.
interesting thing is interest is paid to account on a mthly basis, which is good.
but contrary to the website, it's 6m min, not 3mth. <6m zero int, they deduct from principal if you have been paid so far.
if you break right after 6m, you get 1/4 of int, i.e. 1/4x3.6%=0.9%.
overall, i think it's fine, not bad given what's out there. free umbrella!

there is also another promo going on - at 3.95% but for 3m only.

Nowadays e-dividend adopted by listed company using Giro to bank in the dividend paid.

I dont know why you all wanna put long term (1 year and above) FD at the rate of 4% or less. Becos you all want only certain 'branded' type of banks?

Me i dont care. As long as they pay the highest rate, i go, even if no PIDM . So far so many years still ok, they never go bancrupt.
I remember the 10% rate at some finance then, was it MBF or Sime... people said better dont go, still it went till maturity without problem. There was also the 8% from EON bank, still at the end manage to go till maturity....That was last time la.

Now, I have 5% for 5 years. Also 4.75% for 5 years. then some 4.5% for 3 years.Of course you must catch the opportunity quick when it comes, like the HL Junior Deposit promotion, the Ambank Top Rate promotion etc..

Bon Merdeka, Sukuk Simpanan Rakyat, Sukuk 1 Malaysia, no need to say la, sure must hentam till full, not enough- use father, mother and brother,sisters' name also.(if you can trust them and they dont apply la), ASW2020 come go quee bring whole family's ICs and birth certs.


The lowest (1 year and above) also at least 4.2%, anything less i better put it in my kids saving account also got 3% daily interest. Sometimes i have some in transition, i put it for 3 months while waiting to be utilised, that also can get 3.6%. And this is no promotion , it is there most of the time.


No need much money. Even if you have alot of money, you better dont put in a one big lump sum, that attracts unnecessary attention and also if you need it you are sort of 'stuck', i do it the FD musical chair way, any few months or even weeks certain time, i have FD matures just in case i need them.

one has own reasons for certain moves.
me, i into all sorts, a basket of diff risks and liquidity from stocks to props.
if i have some mulah for fd, it's usually for 1 yr or shorter, knowing the time will come for something else.
that being the case, risk free has to be risk free.
and the convenience of location from where you live/work.
no fun getting stuck in traffic for 2 hrs and spend RM20 petrol just to get another RM50!

i agree with you, if the extra earned is peanut not worth the effort of running around.

I often hear people comment what is that extra 1% pa la, worth it meh?

But if you think about it, 1% for RM1M is extra RM10,000 a year and that is RM800+ a month.

Maybe you never kena the bank-run of cooperative society and finance company in the early 80s ?
I still remember one finance company stacked up Rm1mililion hard cold cash in rm500 and rm1000 notes on display in a secured area in order to calm the panic crowd in the bankin hall.

Yea i know however date n amount dosent tally.
Thanks but must have a better way offinding out. Imagine for those dealing with contractors, transfer to our account regularly then report to MACC..

If you read the posts here, most of the regulars here are into short term FD tenures (less than a year). Reason being most likely most of us here park our money in FD (with certs maturing monthly) and using gark's term, ready to be deployed when the need arise And in the event the funds are not deployed, some of us go play FD Musical Chair and some (maybe most) are not bothered but have the FDs renewed at board rates.


agree with above. all of us have different reasons and strategies and more importantly it depends on what stage are we in life.

Since my funds are not ready for actions, play musical chair and get side benefits like collecting new credit cards and paying GST for nothing

And for those of you into Privilege Banking or credit cards (which I doubt in this thread, haha) and very free, click here to read my latest freaking long article UOB Privilege Banking Visa Infinite & Retirement.

mind share which bank give 3.6% daily for kid? 3 mth for 3.6%??

rite... fd is fd - fixed return and just deposits. it is not an investment.
to me, it is to partially protect yr cash from inflation while waiting to be used for something else in the very near future.
that's why i'm fine with 3.2-3.6% pidm with convenient locations, no frills, no extras, minimal hassle.

this thread with people like gen-x keeping us posted on what is where and when is very useful!

there are many other 5-6% deposit instruments with low risk, non-pidm from major banks but hese are not fd.

He mentioned 3% for kids. HLB used to offer 3% for HLB Junior SA, nowadays it pays only 2.9% up to RM50K.

As for 3 months 3.6%, I think he meant koperasi and not commercial banks

HSBC New Branch FD promo (5%)

Did any of you receive a call from the branch you opened your new Advance account, inviting you to drop by and pick up some gifts, and to perhaps be briefed on some investment products?

Which branch bro?

I signup at the HSBC AManah city Centre and didn't ask me collect gift ? I collected some gift when I signup the account + TD-i

see first post, there is a link by tbheng

I wasn't offered any during sign-up but some posters did mention about this. I thought perhaps this is another set of gifts? I asked her if it was worth my while to go - all she said was 'of course' and that its value is up to RM50.

edit: wrong info

This post has been edited by Human Nature: Jul 18 2012, 08:59 PM