Just opened and dumped in some cash in SCB SuperSalary account yesterday. The 5% is still available as of yesterday but I am not sure if it would last till the 31st of Oct or not.

The offer is valid till end of this month only and first come first serve basis (according to the bank). I advise you to open a SuperSalary account with them first and if possible dump in 3K if you have and when your FD at CIMB mature next month, move the money over there.

Btw, I like the service at SCB (DU branch). Beat the hell out of alot of banks.

how is this fd?..is it paid monthly or annually..

rm 1000 > tenure for 1 month>3% interest=after 1 month i got rm rm30..?

is it works like that?

According to the T&C interest payments will be calculated at the end of each calendar month and credited into the Promotion Account on the third working day of the next calendar month.

SCB is a reputed bank. I'm sure they will give the interest soon. Anyway, they have a new promotion for online bill payment. 20% cash back cap at RM100. Nice way to earn extra.

SCB 5% FD rate is not limited to 20000 Customers lah... don't confuse

Go read the T&C : http://www.standardchartered.com.my/person...rpromo/tnc.html

Aren't you abit OFF-topic !!! We are in Fixed Deposit thread lah

Of course your top-up amount + base amount gets the 5% assuming the ADB for Nov & Dec >RM3000

Eg. October :  RM10000, 1st November add RM10000
November's 5% promo will be calculated based on RM20000

Qiradh Investment Account-i
Period of Investment (month) Rates (%)
Corporate Individual
1 2.90 3.26
3 3.05 3.65
6 3.10 3.75
9 3.20 3.85
12 3.25 4.01

You must go to the branch.

Hey guys, may I know which bank currently having promo with the highest FD rate? Latest promo and FD rate as of Dec 2011.

Urgent! Thanks a lot.

Is Bank Rakyat the highest for now? I want to try their 12 months commitment. Someone please advise. Planning to dump in large sum of money (5 digits only). Please advise the best option.

Dear wu ming,

Why your Bank Rakyat brochure is a bit outdated. The declared rate is for Mar 11. Now is Dec 11. This is the latest rate from their website. You also can go their branch to find out latest rate.

Bank Rakyat
Qiradh Investment Account-i
Period of Investment (month) Rates (%)
Corporate Individual
1 2.90 3.26
3 3.05 3.65
6 3.10 3.75
9 3.20 3.85
12 3.25 4.01
15 3.25 4.05
18 3.30 4.10
24 3.45 4.20
36 3.50 4.25
48 3.60 4.30
60 3.70 4.50
> 60 3.70 4.60

Bank Rakyat brochure.

According to the bank officer, the rate for the qiradh account will fluctuate.

Does SCB open today?

Do we get the full interest and bonus if we withdraw our FD
from SCB today?

But the SCB officer suggested me to make a withdraw in 6 January..? 

The e$aver Bonus Interest creditted on 3 Dec 2011 also.
Based on my calculation, the ADB for November was based on 30 days

Got my bonus interests for  SuperSalary and Saadiq$aver-I accounts on 3Dec, normal interest for SuperSalary and Saadiq$aver-I accounts on 30Nov and 2Dec respectively.
Come 2-Jan-2012(Mon) onwards there will be an exodus of these funds out of SCB if there are better FD rates elsewhere. People here will be busy looking for better rates.

I just called Standard & Chartered toll free 1 300 130 011,
they said it is advisable to withdraw all funds on this Friday,
because they will take 3 working days to credit the bonuses
into our accounts.

To withdraw a large portion of fund and to leave a small amount
of fund in the account before this Friday is not advisable either;
if we want to receive our full bonus on this Friday.

In fact, two SCB officers also told me the same thing few weeks ago...

This is so good to the freaking rich members here.