thanks bro.. lol if transfer 5k everyday, will take like few weeks to transfer all =/ thanks for enlightening me

Can refer to premium FD banking already

10 weeks 50k
20 weeks 100k

1 weeks already 35k wo

all sifus...

can reckon me good islamic FD with highest return...

thx in advance

Does Premium Banking allow for an interbank transfer more than 5K per day by online banking?

no idea but certain FD promo gives higher rate for premium banking

anyone know the latest FD promotion from Affin? I couldn't find any info from the website...

HSBC (not restricted to HSBC Premier Banking) has a daily IBG limit of RM40,000. The default limit is RM5,000/day though. You need to change the limit at any HSBC branch.

no latest FD promotion yet. But they are launching a new saving promotion...

Wow, the upfront interest is really tempting. And it is PIDM protected too!
If you put the upfront interest as new FD, it will push the 3.85% to near 4% (3.998%)!!
But...Boh ho ho... just called KFH and their 3.85% promo has just ended. No new promo yet.
The board rate for 12-month is only 3.25%. So sad...
My GIA-i at ocbc is maturing in Jan... hope there are more 12-mth promo coming up soon. Too tired to run after 3-mth musical chairs...

This post has been edited by tbheng: Jan 4 2013, 05:34 PM

i have 14k
i plan to use it on march this year for car downpayment
better to put it in ASB or fixed deposit?

You mean to say that if HSBC Premier, there are no limits on IBG ?

Huh ? Anyway, if it is between ASB or FD, the answer is ASB. No doubt!


Not restricted to HSBC Premier means all HSBC accounts get RM40,000/day online IBG limit too.

I wanted to know when should I deposit as well .

Just got this account by yesterday and the staff is noob , I want to deposit RM 1k ( toget 2.9% for the 1st mth) and after I deposited and got my atm , the balance left RM 992( where they deducted directly for the RM8 atm .. ==|| ) ... so my interest will be 2.75% ?

And, from what I understood from the staff , the interest will be paid as such :

1. RM 992 * 2.75% = RM27.28/12 = RM 2.273 for 4 Jan- 4 Feb .
2. (RM994.273 +RM 1k ) [if I deposit this amount , but pls advise me when should I deposit in] * 2.9% = RM 57.83/12 = RM 4.82 of 5th feb - 5th mac
3.


Pls advise

Hi, just to share my experience on SmartSaver acct.

A couple of observations: the SS acct is calculating the interest every month and crediting the interest at the last day of month irregardless when you start your FD. And the same interest rate will be used for the entire month.

Now based on your questions..
1. It should be RM992 x 2.75% x 28 days / 365 days; (28 days is because from 4 to 31 Jan 2013); and credit into SS acct on 31Jan2013. (My first month was > 1k and somehow I notice they used 3% instead of 2.9%, since >2.9% and very small diff, so didn't bother to call and ask.)
2a. If deposit 1k on 1st Feb, interest for Feb is (992 + Jan interest + 1k) x 2.9% x 28 day / 365 day; (28 days is because Feb has 28 days); and credit into SS acct on 28Feb2013.
2b. If deposit 1k on says 21st Feb 2013, interest for Feb is [(992 + Jan interest) x 2.9% x 28 day / 365 day] + [1k x 2.9% x 8 day / 365 day]; (8 days is from 21 to 28 Feb); hence the earliest you deposit the 1k, the more interest you get for the month. (For my case, I calculate backward and get 3%. Again it is just a small amount diff unless you pump in a big sum.)

The main question is when you have funds available, just put it in regardless of date as long as its a calender month deposit (any date will do) and you will get the max rate. Since you deposit RM992, just top up before end of the month as long as total deposit more than 1k. However must make sure the Atm deduction is direct and does not reflect in the account that is you should see your account as deposit RM998 without any withdrawal.

Anyone had any idea for Public Bank FD Fortune?

http://www.pbebank.com/en/en_content/perso...ns/fortune.html

Looks good for 4.88% in 6 months?

This post has been edited by jtcs87: Jan 5 2013, 03:25 PM

Hi Jtcs, it is 6th month not 6 month...
And the SA interest is lousy

Not understand.. Can hints on me.