http://www.ocbc.com.my/personal-banking/Pr...eals/index.shtm

Savings Combo
Enjoy exclusive 12-month Fixed Deposit/Mudharabah General Investment Account-i interest/ indicative profit rate when you put aside 20% of the Fixed Deposit or Mudharabah General Investment Account into your selected Current/Current-i or Savings/Savings-i Account at the same time.

3.80% for 12 months

Mean effective yield is about 3.64%...anyone can confirm my calculation?

25 April 2012 to 25 May 2012 = 30 days only.
Ensure the interest calculation is divided by 366 days

Eligible Customers must place a minimum amount of RM50,000 (subject to a maximum of RM1,000,000) in fresh funds in a 6-month Step Up Fixed Deposit with SCBMB during the Promotion Period. “fresh funds” means funds in Ringgit Malaysia which do not originate from any account held with either SCBMB or SCSB.
  
5. Eligible Customers who fulfill the above requirements will enjoy special interest rates on the Step Up Fixed Deposit (“Step Up Rates”) as set out in Table 1 below:
 
5.1 The Step Up Rates will be higher in each month of the Step Up Fixed Deposit term (each month called a “Cycle”).
5.2 At the end of each Cycle, the interest earned on the Step Up Fixed Deposit in that Cycle will be credited into the Eligible Customer’s current account or savings account as nominated at the time of placement (“Nominated CASA”)
5.3 Upon maturity of the Step Up Fixed Deposit, all proceeds will be automatically credited into the Nominated CASA.
5.4 An Account Confirmation Advice will be sent to each participating Eligible Customer after placement of the Step Up Fixed Deposit, to confirm the details of the Cycles.
 

RM 8000 x 3.8 x 3/12 = RM 76 (assuming zero interest earned on the RM2000)
RM 10000 x 3.8 x 9/12 = RM 285

total interest = RM 361
interest rate 361/10000 is 3.61% . this is an approximation as bank is using day to calculate interest

I hv mentioned this before

ocbc 3 mths for 4% with two simple conditions

1) open fd account on mighty weekend and
2) open a saving account rm 20 or current account (saving account is the cheapest way)

max deposit rm 50000

---

Added on June 3, 2012, 2:40 pm

it is max RM50000, min RM10000. If max limit not set, people will put more than that. Bank objective is to attract more customers base and set the limit per customer.

---

Added on June 3, 2012, 2:46 pm

Premier customer min. RM 300,000. 50% of FD entitled to 5%.

This is is mighty promotion, min RM10000, maximum RM50000 for FD. 1st Saturday every mth is the mighty weekend. But this Sat is public holiday thus next saturday is mighty weekend. Advice to call the OCBC branch which you intend to go as branch operates differently

15sen for UOB too.