Huh? Never seen that though.... I did an online FD placement from my saving accounts and no fees or whatever. Unless they charged it when the FD is matured?

for bank rakyat, wat mean by 2.94% ?

if i deposit 60 month get 4.6% pa.

if in the 2nd yr, i withdraw then the calculate not based on the board rate(4.20% pa) ?

if calculated based on 2.94 then its not fair.

20k and above will be able to take profit monthly
Pelabur boleh mengambil keuntungan pada setiap bulan bagi tempoh pelaburan 6 bulan dan berjumlah RM20,000.00 ke atas

http://www.bankrakyat.com.my/web/guest/pel...4D3DD9303DD7EE8

Here bro

Referring to your enquiry, the profit rate that customer will enjoy if invest the money more than 60 months is 4.6% and the profit will be paid monthly and will credite into Bank Rakyat saving account. There is no penalty if the customer withdraw in 1 year but the calculation of profit will be calculate as a floor rate.

Floor rate = board rate

if at 2nd yr u withdraw, it will follow the rate which is 4.2%
http://www.bankrakyat.com.my/web/guest/125

Come post here ur internal copy

Appreciate that bro 

u can always PM me if you really mean to help

Rest assure the copy will not be redistributed.

sounds like your FD logic work like this,

example 3 mth FD 3.5%, 6 mth FD 3.6%, 9 mths FD 3.8%, 12 month FD 4%.

if a person open 12 month FD and decided to withdraw prematurely

after 3 month will get 3.5%
after 6 month 3.6%
after 9 month 3.8%

???

Why not 20 yr if the rate is right and profit paid out monthly and the money u will not using for the next 20 yr ?

My answer already given in the previous page, I don't wanna repeat anymore

(1) Trolling
(2) Not trolling but is like a glass full of water

Either way, it's ignore button for me.

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Added on August 14, 2012, 11:50 pm

Yes

I always ignore MNet posts... waste time and bandwidth
p.s. uses FEMALE tag but signature says MALE....

+100

Then with that face

Ok, at least I know I'm not alone, I don't need to seek anger management help

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Added on August 15, 2012, 12:00 am

Bro, I'm interested to open an account with another bank (I already got one) that has online FD placement function. Can u help me with a few questions on OCBC e-FD?

(1) e-FD can be placed/uplifted anytime, anyday, including on a non-working day?
(2) Is placement/upliftment effected immediately? So that if I uplift now, next minute I can use the funds already?

Please advise

It need not be premature withdrawal

e.g. Your e-FD is maturing on 16-Aug-12, u selected auto renewal previously, then on 16-Aug-12 (maturity date) u decided to withdraw.

Is the fund available for use/transfer immediately?

Or e-FD at OCBC is still new, u haven't encountered a maturity before?

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.

Thanks, I got a clear picture now.

Changing my mind about opening an OCBC account now.

To all the musical chair sifus:

When you are in between musical chairs, meaning, when your FD has matured and while waiting for another good promotion, where is the best place to park your money?
The wait could be a few days to a few weeks.
I usually park my money in CIMB Money Multiplier account - a current account that pays 2.5% pa if your deposit is RM10,000 or more.
Just wondering what better options there are.

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 as 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.

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 

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