Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
123 Pages « < 30 31 32 33 34 > » Bottom

Outline · [ Standard ] · Linear+

 Fixed Deposit Rates in Malaysia V2, Read 1st post to find highest rate.

views
     
MilesAndMore
post Jan 10 2012, 01:11 AM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(BoomChaCha @ Jan 9 2012, 09:33 PM)
Kuwait Finance House..???  biggrin.gif    biggrin.gif

I had never heard of it before you mentioned it here...
Thank you for the info.... 
All right, let's check it out here...
http://www.kfh.com.my/kfhmb/
QUOTE(nomen @ Jan 9 2012, 11:44 PM)
Thanks for sharing with us.  I have never heard of KFH before, didn't sound like a bank.  Upfront interest payment is awesome.  I am considering the 6-month tenure, that is, if the deposit is PIDM protected. thumbup.gif
It is the main creditor of the posh Pavillion Shopping Mall smile.gif

BoomChaCha
post Jan 10 2012, 01:22 AM

Look at all my stars!!
*******
Senior Member
2,490 posts

Joined: Sep 2011
QUOTE(turion64 @ Jan 10 2012, 01:04 AM)
well there isnt really any 100% privacy in bolehland..even UK have phone hacking scandal...lol
*
Don't say like this ouh... biggrin.gif

Bolehland is really boleh:

I read newspaper yesterday, based on the report from Retirement Index 2012,
Bolehland ranks # 4 for world best retirement country after Ecuador, Panama and Mexico..

And Bolehland ranks #10 for world best friendly country, after New Zealand, Australia, South Africa,
Canada, USA, Turkey, UK, Spain, Phillipines. Singapore ranks #14... biggrin.gif


Added on January 10, 2012, 1:27 am
QUOTE(MilesAndMore @ Jan 10 2012, 01:11 AM)
It is the main creditor of the posh Pavillion Shopping Mall  smile.gif
*
Their weak point is they have few branches in Malaysia sad.gif





This post has been edited by BoomChaCha: Jan 10 2012, 01:27 AM
TSGen-X
post Jan 10 2012, 06:58 AM

Lifetime LYN Member
Group Icon
Elite
8,601 posts

Joined: Jan 2003
From: KL

QUOTE(turion64 @ Jan 10 2012, 12:07 AM)
To be honest, I have friends that worked in the marketing line and shockingly, they told me banks do sell their information to marketeers. Its not really the bank that have sold it, but the staff sold it without the company's knowledge. Actually nothing can be done about it, probably just give your housephone instead to avoid getting spams on your cellphone.
*
Yah, someone mentioned that there are syndicates that purchase names and numbers for like RM2.50 each or was it RM0.50. For those of you who have credit cards, click my link at my Signature to read about Fraudulent calls experienced by LYN members. You will sure learn a thing or two. And now with caller spoofing, you just cannot be sure if a call is genuine.

QUOTE(BoomChaCha @ Jan 10 2012, 12:54 AM)
I have received many phone calls from foreign con women who
called to my house phone, they said I won a lottery and bla..bla..

I am not saying I am rich, but I want to try my best to protect my privacy...  sweat.gif
*
Bro, click here and read my artilce on Fraud at RWF blog. Maybe you should be like me and kiasu where I have different phones for different usage.

QUOTE(MilesAndMore @ Jan 10 2012, 01:11 AM)
It is the main creditor of the posh Pavillion Shopping Mall  smile.gif
*
And also Air Asia - there's a billboard along the road when we are heading towards KL from KLIA.
Subconcious
post Jan 10 2012, 09:57 AM

Getting Started
**
Junior Member
105 posts

Joined: Jun 2011
hey guys, is it better to put 1 month maturity with 2.9% or to put 4% for 9 months (OCBC)? if i put 1 month maturity and get 2.9% out of it, what if i put it every month? surely will earn more than 4% itself?
TSOM
post Jan 10 2012, 10:05 AM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(Subconcious @ Jan 10 2012, 01:57 AM)
hey guys, is it better to put 1 month maturity with 2.9% or to put 4% for 9 months (OCBC)? if i put 1 month maturity and get 2.9% out of it, what if i put it every month? surely will earn more than 4% itself?
*
You need to revisit your form 5 add maths!!

I hope no one here will spoonfeed you with answers .. let him learn!
tifosi
post Jan 10 2012, 10:07 AM

Friend is someone to share last Cookie with!
*******
Senior Member
5,156 posts

Joined: Jan 2003


QUOTE(Subconcious @ Jan 10 2012, 09:57 AM)
hey guys, is it better to put 1 month maturity with 2.9% or to put 4% for 9 months (OCBC)? if i put 1 month maturity and get 2.9% out of it, what if i put it every month? surely will earn more than 4% itself?
*
Please read up before you click on the easy way out.

» Click to show Spoiler - click again to hide... «


This post has been edited by tifosi: Jan 10 2012, 10:08 AM
TSGen-X
post Jan 10 2012, 10:12 AM

Lifetime LYN Member
Group Icon
Elite
8,601 posts

Joined: Jan 2003
From: KL

QUOTE(TSOM @ Jan 10 2012, 10:05 AM)
You need to revisit your form 5 add maths!!

I hope no one here will spoonfeed you with answers .. let him learn!
*
No need even Add Maths, form 3 maths is more than adequate.

QUOTE(tifosi @ Jan 10 2012, 10:07 AM)
Please read up before you click on the easy way out.

» Click to show Spoiler - click again to hide... «

*
haha, so kind of you to spoon feed him tongue.gif
Subconcious
post Jan 10 2012, 10:13 AM

Getting Started
**
Junior Member
105 posts

Joined: Jun 2011
QUOTE(tifosi @ Jan 10 2012, 10:07 AM)
Please read up before you click on the easy way out.

» Click to show Spoiler - click again to hide... «

*
Thanks for your answer and your time. You are the good one and stand out one. smile.gif
gchowyh
post Jan 10 2012, 01:53 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya


Just went to OCBC earlier.
Apparently, the difference between Islamic FD & conventional FD is that Islamic FD follows the current board rate. So now the board rate is 3.2% & OCBC tops up 0.8% to make it 4% for 12 months FD. If during the 12 months, Bank Negara revises the interest rates, the FD rate will also be revised but with extra 0.8%.

Can anyone confirm this?
MilesAndMore
post Jan 10 2012, 02:31 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(gchowyh @ Jan 10 2012, 01:53 PM)
Just went to OCBC earlier.
Apparently, the difference between Islamic FD & conventional FD is that Islamic FD follows the current board rate. So now the board rate is 3.2% & OCBC tops up 0.8% to make it 4% for 12 months FD. If during the 12 months, Bank Negara revises the interest rates, the FD rate will also be revised but with extra 0.8%.

Can anyone confirm this?
OCBC Al-Amin Islamic FD profit rate is fixed, thus unaffected by any changes in the movement of interest rates.

echoesian
post Jan 10 2012, 03:31 PM

Look at all my stars!!
*******
Senior Member
3,294 posts

Joined: Dec 2005


Just back from OCBC the Islamic FD rate is indeed indicative and not fixed therefore I did not pursue further
aeiou228
post Jan 10 2012, 04:23 PM

Look at all my stars!!
*******
Senior Member
5,867 posts

Joined: Feb 2006
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.)

Attached Image
gchowyh
post Jan 10 2012, 06:12 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya


QUOTE(echoesian @ Jan 10 2012, 03:31 PM)
Just back from OCBC the Islamic FD rate is indeed indicative and not fixed therefore I did not pursue further
*
Did you go to the DU uptown branch?

Anyhow, I went with the 9 months promo at 3.8% hoping by then there will be other promos to ride on.
MilesAndMore
post Jan 10 2012, 07:28 PM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(echoesian @ Jan 10 2012, 03:31 PM)
Just back from OCBC the Islamic FD rate is indeed indicative and not fixed therefore I did not pursue further
*
That't not true. The OCBC Al-Amin Islamic FD rate is fixed but instead of saying it is fixed, it says the profit rate will be based on an agreed profit sharing ratio during the time the Islamic FD was opened. HSBC Amanah has the exact same type of Islamic FD called HSBC Amanah AGIA-i and i can guarantee to you that the profit rate is fixed.

turion64
post Jan 10 2012, 08:36 PM

look at all my stars!!
******
Senior Member
1,332 posts

Joined: Oct 2005
QUOTE(echoesian @ Jan 10 2012, 03:31 PM)
Just back from OCBC the Islamic FD rate is indeed indicative and not fixed therefore I did not pursue further
*
It is fixed. As confirmed by one of the OCBC staff.
TSOM
post Jan 10 2012, 09:08 PM

Look at all my stars!!
*******
Senior Member
2,145 posts

Joined: Mar 2009
From: 1BORNEO
QUOTE(aeiou228 @ Jan 10 2012, 08:23 AM)
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.)

Attached Image
*
Round 2? People just moved their money out of SCB beginning of January ..
echoesian
post Jan 10 2012, 09:41 PM

Look at all my stars!!
*******
Senior Member
3,294 posts

Joined: Dec 2005


QUOTE(turion64 @ Jan 10 2012, 08:36 PM)
It is fixed. As confirmed by one of the OCBC staff.
*
Wonder why there is so many different version ... the branch that I went to is Kepong.
bearbear
post Jan 10 2012, 09:49 PM

You'll Never Walk Alone!~!~
********
All Stars
10,061 posts

Joined: Dec 2004
From: Sheffield


best deal in town ya...

require any bank account?what's the best way to transfer fund over to counter just for FD?banker's draft?
MilesAndMore
post Jan 11 2012, 12:27 AM

Look at all my stars!!
Group Icon
Moderator
9,301 posts

Joined: Mar 2008


QUOTE(bearbear @ Jan 10 2012, 09:49 PM)
best deal in town ya...

require any bank account?what's the best way to transfer fund over to counter just for FD?banker's draft?
*
For big amount, banker's cheque is better.
MGM
post Jan 11 2012, 07:08 AM

10k Club
********
All Stars
18,407 posts

Joined: Oct 2010
QUOTE(gchowyh @ Jan 10 2012, 01:53 PM)
Just went to OCBC earlier.
Apparently, the difference between Islamic FD & conventional FD is that Islamic FD follows the current board rate. So now the board rate is 3.2% & OCBC tops up 0.8% to make it 4% for 12 months FD. If during the 12 months, Bank Negara revises the interest rates, the FD rate will also be revised but with extra 0.8%.

Can anyone confirm this?
*
Maybe the rate looks fixed when economy and OPR is stable but not when they are turbulant as is expected in the next two years.

123 Pages « < 30 31 32 33 34 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0314sec    0.71    6 queries    GZIP Disabled
Time is now: 4th December 2025 - 02:11 AM