Hmm.. just wonder for OCBC Combo, after finishing 3-month tenure, does it auto-renew and continue to get effective rate of nearly 4% if we continue to pump in 1k per month into saving acc?

Thanks..

The effective date is starting 1st of every month as it is calendar month based, not the date you open FD. You can deposit any day from 1st to 30th or 31st of the month.

It stated in t n c that it has to be fresh fund. Thus you need to IBG out to other bank and back as fresh fund if you want to continue ...

Just came back from the CNY dinner by Bank Rakyat. Impressed with their kind gesture with the nice dinner and also not forgetting the big hamper I got for the last 10 lucky ones. About 15 tables and about 60 hampers were given away!

Thanks Bank Rakyat!

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.

are there any other better fd rates than mach hong leong bank for 12 months deposits?

non pidm protected fd - bank rakyat / mbsb

Receive sms from SC that 4% for 6months..

hmm... any publish on website or brochures, other than sms? is it limited to specific customer only?
Browse thru SC website, didnt manage to get anything similar to that...

But it needs to open/top up Just one account, similar to CASA + promotion FD rate combo.

So total fund effective rate is lower than 4%.

http://www.standardchartered.com.my/person...d_fixed_deposit

This post has been edited by cherroy: Feb 16 2013, 10:27 PM

Ok, happy CNY all and i know all of you having alot of savings now
So, scrolling few page back where i missed, still found that, OCBC SS is the best.. wondering, why do everyone go for that but not KFH @3.88 ? and, i just see another posting about CIMB 4.88% for 6 month (Well need to confirm as i Google found nothing).. Any input ?

CIMB 4.88% is step up

1st to 5th month you will get much lower rate

6th month only you will get 4.88%

Effective rate for the whole tenure is much lesser.

+1 and KFH @3.88 is still lower than OCBC combo final effective rates which is around 3.9xx% assuming top up of 1k for subsequent 2 months to the SmartSaver a/c with no withdrawal.

But please do not forget KFH pays advance FD interest, this means full interest will be paid
within first 2 weeks into KFH saving account.

haha... TQvm...yeah, i was just looking at its main webpage
monthly minimum topup fund for getting 4% is 10k...that's pretty lot for me...

Epf dividend 6.15%

where's the link to check latest interest rates of KFH? I couldn't seem to find it on their website

Hi guys, I just got back and need to go renew some of my FDs and looking at UOB 3.65% for 9 months. Any step up FD giving better rates offered by commercial banks that do not require us to deposit into savings?

I am not going for split promo anymore.

MACH Hong Leong 12 months 4%

Downside - need to open account with debit card RM8/year

This post has been edited by bearbear: Feb 19 2013, 10:50 PM

Welcome on board back Captain..