Bro, must be something on your site as I have no problems to my blogs and so does others. Try to clear cache or history.

So how many days interest you rugi? The extra 0.05% can cover?

koperasi mah.

Yes, always calculate the interest before you go and withdraw your money. Especially if your FD matures on Saturday, Sunday or Public Holiday where the banks are suppose to pay you interest up to the next working day. Public Bank so far was the only bank which tried to cheat me and the teller and Exec refused to pay me the extra few days interest. Demanded to see their superior and was referred to the Service Manager (second below branch Manager) where she also refused to pay me. Insisted that she call HQ and if HQ also refuse to pay me, I shall then report to BNM, then only she called HQ and paid me the few days interest. No more PBB for me.

thanks for the update.

Transfer between OCBC also for fee. No wonder they promoting eFD.

4 hours = half day away from work, Bro, your company got vacancy ar? I want apply.

Bro, I am confused here, earlier you mentioned RM2.xx per cheque. First cheque FREE and second and subsequent cheque are imposed fee?

This post has been edited by Gen-X: Aug 14 2012, 05:28 PM

Shits happens once a while, hahaha. You fault for not tracking the maturity date. If the teller ask me why I want to withdraw my money, I will taruk her instead why I cannot with draw my money, hahaha. So the teller was just following your instructions

Bro, you not yet open account in Citibank I guess, they worse off. Last year when I open CitiGold for the 5% interest promo, I said I was unemployed and the Personal Banker said I must fill something, then ask me where I got my funds from pulak

Bro, you now designated as FDMCGC Karam Singh Walia

BR... once again, koperasi mah.

Sewerage company...... can no problems with my qualifications and experience, can contribute to the environment by ensuring BOD levels in our rivers can have fishes breeding and living in them, hahaha

This post has been edited by Gen-X: Aug 14 2012, 06:06 PM

magika, gsc and pink spider, you guys must be new to this forum/section entertaining Mnet, hahaha. MNet playing with you guys, he has been active in FD Thread since original version and knows more about FD than me

I must say that your actions did show your sincerity wanting to assist others. But since you are new here, you are at the beginning of the learning curve and with time you will know who are spammers, post count hunters, non contributors (but claim themself to be one just because they posted an uninformative post), who you should just ignore and who are long winded persons (like me, hahaha). If a person keep posting questions, then you should take note.

As for PM, beware of those who sent you a PM, they are many lurkers here out to con people or insurance agents and credit cards agents trying to cari makan
Forum Rules and Regulations
Do not abuse the PM system. Do not send unsolicited messages, however well intentioned. A single PM is sufficient to constitute spam.

Truly appreciate this valuable info. Thank you.

You cannot top up onto the existing FD certificate during the said tenure BUT you can always deposit money into your FD account anytime and get a new "certificate".

Eg. 1st September you open a new FD account for 6 months with 10K. You will then be issued a certificate for 10K .

Then on 1 December you want to deposit another RM10K. You can just go to the bank and deposit this said RM3K for 3 months FD and it will mature same day as the first FD above

yah, now we can't read the T&C for FD Promos

If for less than 1 month, I will park in my HLB Junior Account. But the current interest rate of 2.95% is only applicable for first RM50K, but, I have few HLB Junior Savings Accounts and in different branches too. First withdrawal per month free, subsequent withdrawals RM2 Fee. Banker cheque fee RM5.15, luckily I have PB so it's only RM0.15/cheque.

Yah, me too, if not needing the funds for more than 1 month, I'll just go with any promo that is competitive.

4% still pretty good rate.

Bro, gsc is saying for next month lah.

Young man, because of you, unker started a new blog which should be faster to download.

Click here to read why I started a new blog.

and click here to my new Fixed Deposit Page. If it is still slow, bro, you better get Unifi lah.

This post has been edited by Gen-X: Aug 18 2012, 03:18 PM

Bro, you mean my new blog still "slow" ar? Jerk maybe lah because still got to go get some data from facebook and my other blogs. But I find this genxgenygenz.blogspot super fast now compared to my generationsxyz.blogspot for my case. Maybe because my notebook got graphic card and 4MB RAM??

As for the malicious warning, sometimes I get that too for LYN, and got to set it to exception, hahaha. But I think I know why, it the 3rd party Hit Counter, I checked it again and saw something to do with casino. Removed the Hit Counter. Thanks so much for the feed back.

Based on what MGM's spoon fed me the last time on how to calculate effective interest for OCBC Combo

Say FD rm10000 at 4.5% and SmartSaver rm2000(20% of FD) at 3%, average out
(10000*4%+2000*3%)/12000= 3.833%

This post has been edited by Gen-X: Aug 18 2012, 10:19 PM

call me lah Bro, how old are you? Glad to know you said my articles funny and not complaining it is long winded

Only Pink Spider can call me unker because he don't know how to spell uncle, hahaha

BboyDora, aeiou228 tip is for FDMCGC members only and not intended for you who falls under the category of FRMONBWFDP


I hereby reconfirm the same as above, according to my RM lah.

And you know what, I just found out that the "OCBC FD Cert" is "worthless". You don't need to bring that piece of paper when you want to withdraw your FD with OCBC. Just bring your NRIC will do.

Bro, the statement also states the interest rate, the period and maturity date lah; but I still prefer to look at the "worthless" cert, haha.

Yes, you are right, I do get Monthly Statements from OCBC and UOB.

Bro, you receive Monthly Statement from HSBC? And if you have online account, do they still sent it?

I signed up for HSBC online account not knowing that it will automatically stop them from issuing paper statement for my credit card Missed a few payment because


To All:

And I just recommended a friend to OCBC Premier Banking. Half of his AUM enjoys 5% for 3 months and the other half was deposited into the OCBC Combo Plan. He also needed to open a new Basic Savings Account (with RM20) because he needs to "purchase" 3 products to be eligible for the 5%.

He was happy that he's earning more from FD interest and I was happy too; because, for introducing him, OCBC rewarded me RM100 cash voucher Click on below link to see it.

Click here to read my revised and updated article on PB retitled Premier Priority Privilege Banking Accounts. This updated revised article now include comments for OCBC Premier and StanChart Priority Banking Account.

This post has been edited by Gen-X: Aug 23 2012, 12:33 PM

Agree, OCBC Titanium MasterCard is a great sidekick credit card. I won't say it is better than playing FD Musical Chair but both of them compliment each other for our benefit

However, one does not need to have OCBC Premier Banking to qualify for the OCBC Titanium MasterCard. The annual income requirement for this card is only RM36K/year. but, for those who don't have official income documents, then those with Premier Banking Status does help in getting one a credit card

Bro, it was Alliance Bank. but the thing is Alliance FD Promos not competitive for past 1 year or so; and, if you got few million ringgit, go deposit with OCBC FD Promos or even BR and the "extra" interest you earn will be more than a Mont Blanc Pen worth

This post has been edited by Gen-X: Aug 23 2012, 12:45 PM

wah you got a Mont Blanc Pen in January 2012, same time I sign up for OCBC Premier Banking, so how come I only got the pathetic Passport Holder Oh I forgot, you different league, the extra interest you earn from playing FDMC earns you a Jap car with time whereas for my case, not even enough to change my car tires

I was offered that decorative piece too but chose the passport holder instead. But both also useless gift.

Now you tell me, so at least I don't feel "cheated" because I earned 5% 3 Months FD for the total amount of AUM (well, almost full AUM because had to open a current account and a basic savings account to be eligible for the 5%) when I signed up for OCBC Premier

Besides me, only sylille reported that she also got 5% for total AUM back in early January. FYI, FDMCGC was derived from sylille's definition of moving funds around i.e. Musical Chair.

For FD commencement date, no such thing as need for local personnel cheque to clear, and this is applicable to all the major banks that I bank with. However, for Savings Account, the cheque needs to be cleared.

This post has been edited by Gen-X: Aug 24 2012, 07:47 PM

Bro, this may interest you - BANK KERJASAMA RAKYAT MALAYSIA BERHAD (SPECIAL PROVISIONS) ACT 1978

From what I can understand from above, the Minister is the Big Boss. And under Interpretation, it's the Minister of Domestic Trade, Co-operatives and Consumerism and not Ministry of Finance. All Directors and GM need the Minister's approval.

As for depositor lost, read Clause 13. Nobody can sue the Minister because his instructions is the law

And read Clause 26 - the staff are Public Servants. So I guess we cannot expect service that is on par with private sector.

And I read somewhere, BNM has to approve the appointment of BR GM or MD if not mistaken.

Bank Rakyat is always in the news - recently fake gold bars and here's another investment scheme related to BR.

This post has been edited by Gen-X: Aug 27 2012, 09:13 PM

noted, thanks for the update.

---

Added on August 28, 2012, 10:43 amYou do not need to reinvest and like ronnie said, it depends on your instruction. You can have the interest credited into your Savings or Current Account if you wish or the 1 Month FD renewed with interest (i.e. Principal + Interest).

This post has been edited by Gen-X: Aug 28 2012, 10:43 AM

Both the Junior FD and Senior FD credit the interest into the Savings Account monthly. But, the difference is Junior Savings Account interest rate is 2.95% whereas Senior Savings Account interest rate is like negligible.

HLB Junior FD -

October 2010 - 5% for 4 and 5 years.
October to November 2011 - 4.5% for 2 and 3 years (mid way reduced to 4.2%) and 3.7% for 1 year.
October 2012 - ???

Yes, current HLB promo 12 months - 3.65% for Junior FD and 3.6% for Senior FD, it's stated in Post#1. Also mentioned that UOB offering 3.65% 12 months FD (for PB add 0.05%).

Actually, in my Fixed Deposit Page at my blog, I also highlighted that HLB Priority Customers are entitled to 3.65% for 6 months FD.

OCBC Smart Saver account interest of 0.5% is only applicable for the month you did a withdrawal.

If one does not withdrawal or deposit any money, the Smart Savers account interest rate shall be 2.5% for that month.

If you deposit (no withdrawal) RM50 to RM999.99 you get to earn 2.85% for a particular month.
If you deposit RM1K and above (once again no withdrawal done), then you are entitled to 3% interest for the month.

Example, you deposit RM1K on 28th August and then go withdraw RM1 on 30 August 2012, the interest rate applicable shall be 0.5% for the month of August 2012.

This post has been edited by Gen-X: Aug 29 2012, 09:18 PM