I just called Am Bank at 1 300 80 8888, according to them, there was no
FD promotion for 4.45% at this moment..

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Added on January 29, 2012, 5:30 pm

Captain, usually how soon do we know the result after this BNM meeting?

Hi guys, do u understand how this rate works?

http://www.pbebank.com/en/en_content/perso...prosperity.html

No la, I don't want to be smart in fixed deposit. I just want to place the deposit only. I'm very lazy to read tnc one. I prefer the old days where advertised rate is the effective rate. No putar belit one.

fixed deposit and unit trust got tax?

then if i put in rm40k for 12 months..so it will be like 3.2%..
so in the end of the year i will get rm1,280?

hi
How do u guys keeps switching bank for fd?Ask the bank issues a check then go to a better promotion?

Why carry cash? Convert to Cashier's Order or Bank Draft to bring over to other banks.

HL calls it PAY+ . but got limit per day right? says RM5k per day?

Transaction limit

You can transfer any available amount to your own CIMB account(s)
Transfer up to a maximum of RM5,000 per day for fund transfers to a third party account within CIMB Bank or CIMB Islamic or to an account in another bank via IBG or Instant Transfer.

quick question.
can i do this:

1. i put rm5k into fixed deposit for contract for 4 months
2. wait for 4 months to get 3% interest
3. withdraw it after 4 months, collect dividen
4. bank in again rm5k into fixed deposit, for 4 months
5. repeat all over again.

which means in 1 year, i can get 4% x3 = 12% in a year
am i correct? or i am too simple minded?

thanks for the info
i am not sure about the rate if its per annum or per month because some bank does not mention the unit rate.
Now i know it is per annum rate
thanks for the nonconstructive post 

Guys, I'm kinda new to all this FD in Msia.

I'm wondering how come Msia bank FD interest so high minimum also 3% compared to eg Singapore and Brunei usually only 0.xx%?

Sorry I'm new to the terms OPR BNM what do they mean?
Since Msia FD interest so high, does it make sense that Bruneian/Singaporean would wanna open FD in Msia?
I know ya, taking into consideration of the exchange rate by the end of the FD period.