5% for all the money deposited would be something.

If only half the money get 5% and that 5% is only for a short 3 months period only, not a good deal at all.

If you have just Rm20k you can get FD at more than 4% at the other bank, why bother about this gimmick 50% fund at 5% only for 3 months??

the highest of all is still 4.7% at mbs, 5 years, 6 monthly int. that is No. 1
2nd is still BR., rest rank lowere down my list.
fluctuate so what, it consistently gave me 4.0-4.6% last few years, even if at low(4.0), it is still higher than most others.

This post has been edited by guy3288: Mar 28 2012, 11:17 PM

No, at the branch i do my FD, no need to wait for clearance. FD starts on the day you gave Bank Rakyat the cheque.
However for the FD cert they may not give you on the spot if you are not their listed customers.

if you have RM1 million , your passive income is no longer RM2465 only.

It could well be in the range of RM5800 a month.

Even though RM 1 million is considered peanut, we must not forget alot of people dont even have 500k by the end of their life.

I dont know why you all wanna put long term (1 year and above) FD at the rate of 4% or less. Becos you all want only certain 'branded' type of banks?

Me i dont care. As long as they pay the highest rate, i go, even if no PIDM . So far so many years still ok, they never go bancrupt.
I remember the 10% rate at some finance then, was it MBF or Sime... people said better dont go, still it went till maturity without problem. There was also the 8% from EON bank, still at the end manage to go till maturity....That was last time la.

Now, I have 5% for 5 years. Also 4.75% for 5 years. then some 4.5% for 3 years.Of course you must catch the opportunity quick when it comes, like the HL Junior Deposit promotion, the Ambank Top Rate promotion etc..

Bon Merdeka, Sukuk Simpanan Rakyat, Sukuk 1 Malaysia, no need to say la, sure must hentam till full, not enough- use father, mother and brother,sisters' name also.(if you can trust them and they dont apply la), ASW2020 come go quee bring whole family's ICs and birth certs.


The lowest (1 year and above) also at least 4.2%, anything less i better put it in my kids saving account also got 3% daily interest. Sometimes i have some in transition, i put it for 3 months while waiting to be utilised, that also can get 3.6%. And this is no promotion , it is there most of the time.


No need much money. Even if you have alot of money, you better dont put in a one big lump sum, that attracts unnecessary attention and also if you need it you are sort of 'stuck', i do it the FD musical chair way, any few months or even weeks certain time, i have FD matures just in case i need them.

i agree with you, if the extra earned is peanut not worth the effort of running around.

I often hear people comment what is that extra 1% pa la, worth it meh?

But if you think about it, 1% for RM1M is extra RM10,000 a year and that is RM800+ a month.