yep, good enough, happy enough.

may put more soon!

tis hong leong "4.18%" effective 3.9x% with pidm must be the highest available now.

all branches, easy to do, no hassle, few conditions.

with bursa and props not showing good signs, significant cash will have to find a temp parking space.

i expect them to be full and close soon. do hurry!

effective 3.506% p.a. very good meh?

this one has been on for many months now, quite popular for >50yrs old who already have account with pbb.

auto-renew monthly so that you can break/withdraw anytime w/o much loss of interest, many branches.

also, i think if >30k deposit, they give 50% discount for will writing services, not sure.

it works this way, say 120k:
100k in actual fd for 4.18%, 12mths
20k in savings, rate... if kid's account, not bad. but never mind, assmune zero! this is earmarked, untouchable for 4 months.
so, for 1st 4 mths, int for the total 120k is actually only 4.18*100/120=3.483%.
for the next 8 mths you can withdraw or redeposit at whatever is available at that time with the 20k, the remaining 100k earns 4.18% p.a.
for at least the 100k, the average int for the 12 mths wud be 3.483*1/3+4.18*2/3=3.95%.
so, effective rate is >3.95%.

the nice thing about this promo is the monthly int is credited to the savings a/c, you can withdraw.
branches are plenty, service is fine, good for me.

the mach promo is only for some branches.

there is another one "4.28%" but is a step up, effective not as good as the "4.18%".

my last visit to hlb, the 4.18 is still not filled yet. also, if >200k, you get a small goldplated "tree" worth a few hundred rm.

This post has been edited by AVFAN: Feb 1 2013, 05:37 PM

that's most impt. very good to know.

let's hope to hear from him soon!

4.7% is excellent. trouble is 3 months... very tired to check, move here and there

if an offer for 9-12 months comes up, i'm be new ocbc customer!

if u r cimb preferred, there is currently 1 month 3.5% p.a.


just to share, for me, with pidm, convenient branches...

1 month - cimb 3.5% p.a.
9 months - uob 3.65%
12 months - hlb 3.95%

keep yr blood sweat and tears money safe!!

http://forum.lowyat.net/topic/2451962/+2100
towards the bottom of the page.

it's call "hlb 4.18%", been discussed many times...

it is a step up. effective 3.42%. unattracttive!

not sure how you calc to get 3.5% but some of us have calc and commented it is at least 3.95% effective even if u do not have jr sav account.

u took the funds earmarked for 4 mths period for sav acc earning next to nothing to stay there for full 12 months? that's not likely to happen since u will surely do something with the available funds after 4 months!

This post has been edited by AVFAN: Feb 15 2013, 05:12 PM

ah, i see... for this hlb calc, you considered only the first 4 months which of course will be the worst part. the best part is actually the last 8 months with the major portion earning a full 4.18% p.a which makes it effective >3.95% p.a. for a full 12 months.

but of course, everyone looks for best deals for 1m, 3m, 6m, 9m, 12m, whatever that suits our needs.

i am surprised. last month they offered me 3.70% if i put 12 mths. deposit amount small than yrs.
this is after the officer made a call to manager of the branch.
i wanted only 9months, so did not take it.
moreover hlb 12 months is >3.95%, no reason to go for uob.


one thing... uob give you slip and paper envelope, hlb give you slip and nice fitting plastic folder!

i was refering to the "4.18%", that one with 16.7% of totall earmarked 4 months in sav/jr sav.

i am not sure the reasoon why some view this 4 months bit that negatively... as i am sure i can park it at >3.5% later, overall is very good!

appreciate response, minus the


anyway, anyone here think the way the banks are now dealing with fd rates, any chance rates will go up by 2h2013?

effective 3.42%... which was why i shifted from cimb to uob 9 months and hlb 12mths.

cimb is always poor with fd rates compared with other banks, not expecting them to improve.

however, i do like their preferred current a/c >2% interest as a transit account, much better than others.

ya, true true...

i try to get a bit more but only if within a short distance from my place.

will not drive 50km and half a day to get another 0.5% for 6mths.

This post has been edited by AVFAN: Feb 25 2013, 05:09 PM

for any sum, you won't find a bank that gives you higher int for deposit than they charge for loan. that's called spread and that's precisely the way they make money. if u can, then u r a better bank than all of them!

note that in a rate hike environment, banks raise lending rates much faster and more than deposit rates. when rates decline, deposit rates are first to go down.

This post has been edited by AVFAN: Feb 27 2013, 10:45 AM

b, of course.