Add the three rates and then divide the sum by 3.

Hey guys, what is the best FD rate?

Mach by Hong Leong Bank or OCBC Bonus Saver

How come nobody report status of MBB PMA-i ?


This post has been edited by magika: Jan 14 2013, 04:33 PM

What status do you wan to know? I have yet to receive the additional 2% interest.

Today suppose to be date of 2% dividend
Any extension ?

This post has been edited by magika: Jan 14 2013, 04:37 PM

Not sure, just found out 5 mins ago, I will check with them tomorrow.

So which 1 better?
What is the rate?

Mach at 4% but need to find Mach branch. OCBC Bonus Saver at Ratio 2:1 FD:SA (4.5%FD )

wow, that good rate. 2 days ago i went open hlb mach, got only 3.6% PA because I put for 6 months only.

ha..haa..managed to get 4.20% + 0.1% = 4.30% at Br. However its for a substantial sum..

This post has been edited by magika: Jan 14 2013, 05:11 PM

above 100k?

Did anyone know where are the Mach branches in Klang valley? Thinking to open FD there, I believed this will be the highest one for saving less than 50k.

Spoon-feeder detected .... use Mr. Google

The Maybank Fixed Deposit (FD) New Year Campaign commencing from 10 January until 25 January 2013 (or upon reaching
our deposit target, whichever is earlier.) Only new placement of fresh funds during the Campaign Period shall be entitled to
the promotional rates during the Campaign Period.
Effective Rate : 3.35% p.a. for the 3-month FD
Refer to http://www.maybank2u.com.my/WebBank/fdNewYear110113_tnc.pdf

This post has been edited by ronnie: Jan 15 2013, 12:40 AM

OK, noted.

Did you nego for higher than 0.1%?

Its 12 month deposit, board rate at 4.01%pa, nego sucessfully increased it to 4.20% pa with 0.1% for introducer thereby effective 12 months 4.30%pa.

Wa lau eh, if I didn't ask, you senyap-senyap la...

Fuh...but really you are a trailblazer! 4.20% for 12-month tenure Respect...respect...haha!

But how is it possible that your incentive rate as an introducer was considered as an FD rate? Aren't the 0.1% suppose to be credited into your SA?

Mine was credited into SA.

Ya, I considered it as FD rate because at the end of the day what matters is the returns nothing else . You can name it as what also does not matter, cashback , incentive and the likes. What really matters is the returns, so the same goes for banks or financial instituition, not really looking at quality of service provided, for musical chair players , safe good returns are above everything else, Premier or Private Banking status is of no importance either.

Regarding the credit into SA, my total AUM interest is also credited into SA monthly, and will be withdrawn to compund it further.



This post has been edited by magika: Jan 15 2013, 09:43 AM

You da man! (I assume la)...I reckon if you go for the >60 month tenure, you'll get 5%.

Frankly speaking, I was planning to deposit it into EPF, however I was a bit late or lazy to make a decision, so maybe will deposit it at max RM60k pa later on. Better deposit at EPF than 5 year tenure elsewhere. That where Bro gsc made a wise decision in my opinion.