I think most people don't know the 3.98 is for the 12th month only. I told my mom that I placed 9 months for 3.8 she then told me that PBB is offering 3.98 for 12 months. I then showed her the effective rate and ask her to put in OCBC instead.

Btw, I think forum rules cannot be too strict else it spoils the fun of posting. Just do not go too much OT and do not have one flaming another should be good enough. This is not a school or so. It is a place to share information and discuss things

Btw, which banks offers the highest for FD rates. Just curious. Any details? 1-2 Months, 3 mths, 6mths, 1 year??

@Tifosi: As seen from yours, ocbc is offering 3.98 for 9 months maturity period while PBB is offering 3.98 for 1 year.

I think KL sentral there they have one rite?

For me, OCBC offers are attractive besides KFH

To transfer money from 1 bank to another bank which I don't have an account yet, just go over the counter from initial bank and make a bank draft then give to other bank?

hi MilesAndMore,

let's be clear about this, sharing of info is not about getting praised . it's not about left hand out, right hand in. if we have this school of thought from the traditional and convention way i seriously hope that, that person find another place else where and not to mention i do share info in lowyat for the sake of others but little expectation of being recognized. i doubt you are that person but you need to be clear on this. I believe in Sharing with no frill or medal on honor.

Once a while it's ok to fill the forum with some jokes and other irrelavant stuff but the sign of spillover had took it cause thus the reaction of this post is by mean unnecessary but it happen spontaneusly.

for the seniors who kept this thread alive, "Good Job and keep it going". Let's move on.

Yes that's right

I think in PJ, there is only 1 KFH branch in Kota Damansara right?
Kinda jam to go in there sometimes.

It's Bureau De Exchange only...

Yes... get a banker's cheque/cashier order from the bank which you have the funds in.

is there any charges for this ?

Normally it's RM2.15 per banker's cheque (some banks may charge higher or lower

Haiz nvm, then i will go OCBC since is near my house.

Yes. Won't be a problem to those working/living in a place with a KFH branch nearby. Otherwise, other bigger banks such as OCBC and UOB make more sense. Anyway, it usually is those foreign banks with limited branches that are very aggressive with their FD products. Big players such as Maybank, CIMB, Public Bank and RHB Bank just couldn't be bothered most of the time The only local bank that sometimes offers a very attractive interest rate is AmBank (and Hong Leong Bank too with their Junior FD - info provided by Gen-X).


The whole point about getting praised was to show that usually a very puny thing gets picked on but when people actually do something right or have contributed something, it usually goes unnoticed. I'm not saying that anyone here is hungry to be thanked for the information they provided, else many people who frequent this section won't be bothered to post anything here or to share the information they know anymore. I bet that you probably can get a better information here rather than directly from the bank and many people here actually speak through their experience, thus the information provided are usually the latest and accurate.

Besides, this whole ang pow discussion started because many people have gone to the bank in the past few weeks mainly to renew their FD (SCB FD 5% offer came to its term). As CNY is just around the corner, they were also given ang pow and some people just want to share it here. So it's kind of indirectly related. It's like one met B because he/she was there to meet A in the first place and so the conversation started.


You were only asked to use the existing thread to post whatever questions you have in mind. The moderating team is doing their best to keep an eye on this forum. Anyway, yes. Moving on...

This post has been edited by MilesAndMore: Jan 17 2012, 04:25 PM

Yes, if you do not consider below:

1) Bank Raykat's Islamic investment (got conflicting reports, some reported interest payable can fluctuate) and MBSB 5 years FD, both not covered by PIDM.
2) HSBC 3 months FD (max half of deposited amount to enjoy promo rate) for new Premier Banking Customer.


Yah, many not aware it is a step up interest rate promo. Just to let you guys know, say if you PBB FD matures on a Saturday, Sunday or Public Holidays, PBB may deduct 1 or 2 days interest due to you when you withdraw your FD on the next working day. Happened to me, had to insist the Manager check with HQ if this was their policy and subsequently they paid me the interest.

Yes. not only that, you can most probably split the amount to CASA and FD too.

Standard charges for bank cheque:

Alliance and OCBC FOC if cheque written in your name. Can't remember if Citibank was free.

HLB and PBB RM2.15.

RHB and MBB RM5!

And for those of you who want to see Maybank Private Banking Golden Dragon Ang Pow, click here.

This post has been edited by Gen-X: Jan 17 2012, 05:39 PM

Wah, did not know RHB & MBB so expensive! Thought SBB was expensive at RM 2.15.

UOB is 15 sen

Yah SCB is RM2.15, I forgot about that.

Once I wanted to shift my funds to another bank from RHB, so asked them to write the cheque and got charged for it (didn't know until I got the cheque). The joke is that I should have asked them to transfer the funds into my RHB current account (which will be instantly credited) and I then write a new cheque to the other bank thus saving me money, really a fool

To add, OCBC, when you go withdraw your FD, ask them to write more than 1 cheque (e.g. 2 cheques) in your name also FOC



This post has been edited by Gen-X: Jan 17 2012, 06:40 PM

im a OCBC supporter for few years now after bad experience with Maybank. the current interest rate seem like the best in the market now . need to remove my cimb junior deposit after i can't claim for my prize.

Bank rakyat 12 month 4.01%

Talking aboyt withdraw fd in cheque, I kena hlb 5bucks woh.... Junior fd. Maybe junior fd more exp?
Citibank is 0.15. Ambank is 2+ cant rmb exact amt

This post has been edited by mIssfROGY: Jan 17 2012, 10:17 PM

I encountered the same short change of 1-2 days of interests if your FD due on Sat/Sun or Public holidays. I told the counter is it is incorrect to 'cheat' on customers in this way. The assistant mgr came out and agreed to pay the interests. So all PB FD holders do watch out on your interest amounts which you entitled

Odd that HLB charge you RM5 for Junior FD. Yours Ex-Eon Bank? For HLB PB customers, they charge RM0.15.

I have yet to withdraw from my HLB Junior FD but have done so many times with normal FD and from Junior Savings Account and they charge me RM2.15 for cheques previously prior to my PB status. Maybe next time ask if you transfer first to Junior Savings Account, will the cheque be cheaper.

Yah, imagine how much "extra" PBB earns from their customers who are not aware of this or those who do not read the receipt nor calculate the interest before they withdraw but blindly accept what PBB give them.

This post has been edited by Gen-X: Jan 18 2012, 12:32 AM