For conventional FD account ?? Highly unlikely !!! But I will be much delighted if you can prove me wrong.

If you got > 1 million, you are more than welcome to negotiate for a better rate. I have applied it for my company, and have clarified with the officer that it applies to personal FD also.

No doubt can get slightly higher rate but not all the time. Depending on the bank's cash flow, large amount fd occasionally do gets lower rates than small amount fd like what bbgoat said above.

RM500K for 3 yrs tenure why not. I am not sure about the detail part but no risk involved. RM500K is the minimum amount to start. <--- This one no talk cock.

Btw, I open FD under my sister's account (bank staff) @ 4.1% per annum. I put RM1K, 5K, 10K, 25K, 50K, 100K also @ 4.1% per annum.

This post has been edited by zeist: Mar 10 2012, 11:10 PM

Bro, you should go talk to UOB and OCBC Commercial Banking unit.

Shouldn't the depositor negotiate for a better rate? If Bank A give lower rate as compare to Board Rate, then the depositor should take the initiative to approach Bank B C or D for a higher rate.

Please share the link/more info (eg. promotion period, is 5% guaranteed, etc). Thanks.



This post has been edited by 1282009: Mar 11 2012, 01:40 PM

rm500k but 6%pa for 3yrs

wit such liquidity n rigid rules for 3yrs might as well invest something else as u could make more than that for the next 3yrs

Please verify this statement.
A lot of forumers are hugely interested, and willing to treat you a starbuck/coffee bean for this recommendation if the FD is without any condition, aka a normal FD placement.

Please don't tell us need to sign up structured product, Bancassurance stuff one, which is different story all together.

I am very very interested in the 6% 3 year tenure product from OCBC. I called OCBC, they said no such thing. The current offer is 3.8% for 9 months or 3.6% for 3 months.



This post has been edited by Happyman: Mar 13 2012, 11:40 AM

3.6% for 3 months is not bad so far...hmm...

I just found the so called 6% only for 3 months FD.
Need to buy UT or product one, nothing to shout about.
http://www.ocbc.com.my/personal-banking/Pr...pr2011.pdf'

---

Added on March 13, 2012, 11:50 amso who need to fly kite?

Opss now 2012, not 2011. My mistake.

This post has been edited by cherroy: Mar 13 2012, 11:57 AM

ah..like this can...............

any master or sifu here? i want to start FD account
what to do?

I am not master nor sifu...

find the best rate and suitable term to you, take your money or banker cheque open the FD account.

refer to page 1 on rates

Maybank Islamic offering 5%pa for deposits above RM50K for non withdrawal for 1 month. Is there a catch?

http://maybankislamic.com.my/promo_get2campaign-111230.html

This post has been edited by kwokwah: Mar 14 2012, 09:43 AM

Please share info .. cannot find anything on their website.

Most of the FD promotion is coming to an end by 31 Mar, anything interesting in Apr onwards.

The 6% and some more with 3 years tenure fd was so unrealistic in the first place.
Such misleading and unnecessary post.

The catch is incremental average daily balance.

try check this bank.... www.bankpstn.com.my..... they offer the highest rate ...

Can somebody explain "incremental average daily balance". Does it mean new funds and daily interest?