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

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desmond_fantasy
post Dec 28 2011, 02:52 PM

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QUOTE(nomen @ Dec 16 2011, 07:59 PM)
This is the link to OCBC FD Promo (its only up to 3lst Dec. 2011)
http://www.ocbc.com.my/personal-banking/Pr...0Promotion.shtm
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Any T&C?

desmond_fantasy
post Dec 29 2011, 09:03 AM

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Any bank offers high FD rate (>3.3%) without placing more than RM10k besides Affin and Bank Rakyat?? THX biggrin.gif
desmond_fantasy
post Dec 29 2011, 05:39 PM

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QUOTE(leonpcang @ Dec 29 2011, 04:54 PM)
CIMB is offering up to 4.50% for 10month term.
offer ends 31 January 2012.
1st - 3rd month payout at 3.00%
4th - 6th month payout at 3.15%
7th - 9th month payout at 3.40%
10th month payout at 4.50%

There is a shorter one for 8 months
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If average it is around 3.3p.a, not consider high lar....hahah. I wonder other bank with better promotion.... tongue.gif
desmond_fantasy
post Dec 30 2011, 11:39 AM

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QUOTE(Kaka23 @ Dec 30 2011, 11:07 AM)
9 months ago, i put in OCBC FD for 3.6% pa. It 3.6% is stated in the slip wor...
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How come so high one? Any promotion? hmm.gif
desmond_fantasy
post Jan 1 2012, 01:21 AM

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QUOTE(Kaka23 @ Dec 30 2011, 08:35 PM)
That was 9 months ago promo.. Now input in uob fd for 3.45% pa for 3 months
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Ok. Thats ok too...nowadays bank need money/cashflow... brows.gif
desmond_fantasy
post Jan 1 2012, 11:08 PM

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QUOTE(ranul @ Jan 1 2012, 02:35 PM)
THX for the info, but this is not dat attractive....hehe
desmond_fantasy
post Jan 5 2012, 05:03 PM

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So Affin bank rates still best to me since i have only less than RM10k. BTW, do they accept internet online placement?
desmond_fantasy
post Jan 6 2012, 08:59 AM

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QUOTE(gchowyh @ Jan 5 2012, 06:20 PM)
Yes they do, you can easily do FD placement using your online account once is created
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Do the online FD rate same with the rate if we do it over the counter? If not mistaken, we need to open savings account before we can do online transaction rite?
desmond_fantasy
post Jan 11 2012, 09:20 AM

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I just confused, if the FD profit rate is 4.0% p.a. and they say profit sharing ratio is 80:20, is that we get 80% profit out of 4% interest they pay?? TQVM. biggrin.gif
desmond_fantasy
post Jan 11 2012, 01:33 PM

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QUOTE(gchowyh @ Jan 11 2012, 11:13 AM)
80:20 is just an explanation of the profit sharing, but they will still pay 4%.

The customer service guy was very confident about the islamic FD interest rate not being fixed.
I wonder how can we confirm this since OCBC's officers ALWAYS seem to have different versions of the same product!
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Thanks for the reply. I think i really need to go to OCBC branch to check it out. biggrin.gif
desmond_fantasy
post Jan 12 2012, 09:44 AM

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QUOTE(MGM @ Jan 11 2012, 02:26 PM)
What is the reason more and more banks are attracting deposit with attractive rates lately? Something is brewing for Ringgit?
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IMO they are preparing for possible 2012 financial crisis.... smile.gif
desmond_fantasy
post Jan 17 2012, 11:44 AM

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QUOTE(ronnie @ Jan 17 2012, 11:23 AM)
But very limited branches for KFH...
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I think KL sentral there they have one rite?

QUOTE(JLean @ Jan 17 2012, 11:40 AM)
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.
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For me, OCBC offers are attractive besides KFH
desmond_fantasy
post Jan 17 2012, 04:03 PM

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QUOTE(ronnie @ Jan 17 2012, 12:55 PM)
It's Bureau De Exchange only...
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Haiz nvm, then i will go OCBC since is near my house. tongue.gif
desmond_fantasy
post Jan 28 2012, 10:53 AM

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QUOTE(hurricanemax @ Jan 22 2012, 04:49 PM)
i think 3%per annum is about the highest offered in Jan 2012 for 1month conventional FD...Or do i miss out other higher ones?

Any1 can find any higher FD interest rates? Not the islamic or investment/unit trust combo types.

Thank you.
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Which bank you refer to?
desmond_fantasy
post Jan 28 2012, 06:05 PM

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QUOTE(gsc @ Jan 28 2012, 06:00 PM)
Received call from Standard Charted Bank on  4% rate. The condition is you must restore back Dec balance then only the fresh fund will enjoy 4%.

Example Dec balance 100k
Jan withdraw 99,990.
Need to bank in money till 100k then whatever top up (min 10k) will only enjoy 4%.

Told the Std Chart staff, OCBC is giving 3.8% which is much better than her bank. She replied and said Bank Rakyat  is offering 4.6%. whistling.gif
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I think the CS get mad liao....4.6%?

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