Fixed Deposit Rates in Malaysia V3, Read 1st post to find highest rate.
|
|
 Jan 2 2013, 12:42 PM
Return to original view | Post
#41
|
 
All Stars
18,402 posts Joined: Oct 2010 
|
QUOTE(magika @ Jan 2 2013, 12:39 PM) Dont mind me as i m not from financial background, what is the purpose of rearranging ? he is showing you the step by step math. calculation. |
|
|
|
|
|
Jan 2 2013, 12:55 PM
Return to original view | Post
#42
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(magika @ Jan 2 2013, 08:40 AM) Based on total amount of 32k If put in the bonus saver from today 2/1/13, would I still get the same effective rate (note that I will withdraw all sums on 2/4/13). Will only lose 2 days of interest on the SuperSaver?1. Bonus Saver FD - 20k - dep date 1-1-13 - maturity date 1-4-13 SS - 10k + 1k + 1k (compounded) Rate= 3.81% 2. Combo FD - 25k dep date 1-1-13 - maturity date 1-4-13 SS - 5k + 1k + 1k (compounded) Rate= 3.67% Pls check . 1 st table is FD 2,3 & 4 is Smart Saver |
|
|
Jan 2 2013, 05:12 PM
Return to original view | Post
#43
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(jacklew77 @ Jan 2 2013, 03:41 PM) The Affin bank's 4-month @3.55% effective rate looks a better deal... OCBC Bonus Savers offers >3.7%, how can it be worse than the 3.55%?Added on January 2, 2013, 3:54 pmbut that's for smaller amount. For big amount like RM 200k above, the OCBC combo deal still a better one ! Added on January 2, 2013, 5:13 pm QUOTE(magika @ Jan 2 2013, 02:01 PM) got free gift meh... wat u get? There is no free gift, only on investment products.This post has been edited by MGM: Jan 2 2013, 05:13 PM |
|
|
Jan 2 2013, 05:22 PM
Return to original view | Post
#44
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(gsc @ Jan 2 2013, 01:26 PM) Supersaver, I pressume you are referring to smart saver in ocbc. Interest is calculate daily. Thus not sure what do you mean by loosing 2 days interest? Any premature withdrawal will end up the lowest interest rate in SS Put funds in Bonus Saver (Combo ended on 31-12-12) today 2/1/13. Will matured on 2/4/13(Sat). If withdraw both FD and SS on 2/4/13, interest of SS on 1/4/13 & 2/4/13(2 days) will be reverted back to 0.5%. Since maturity date is a Saturday, I will actually get 4 days of reduced rate for the SS, but for FD I will get 92 days @ 4.5% (2/1/13 to 4/4/13). |
|
|
Jan 3 2013, 08:40 AM
Return to original view | Post
#45
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(penangmee @ Jan 2 2013, 10:55 PM) Please confirm whether you received the extra 2 %? I opened in Nov with RM 55k received only about RM 148 for month end 31 Dec. There seems to be no extra 2%. When will it be credited? within 14 daysAdded on January 3, 2013, 9:02 am QUOTE(BoomChaCha @ Jan 3 2013, 01:59 AM) Added on January 3, 2013, 2:16 am From what I understand about Smart Saver, the sooner you top up (from RM 50 to RM 1K) during the month, the sooner you can get the higher interest rate. The best date to get the higher interest rate is to top up during the first day of the month. For example, if you top up RM 1K in 5th of January, you will get 2.9% from 5th until the end of the month; whereas the first 4 days of the month, you will get 2.5% because you did not top up. Please correct me if I am wrong. I dont see anything similar to what you said. This post has been edited by MGM: Jan 3 2013, 09:02 AM |
|
|
Jan 4 2013, 06:26 AM
Return to original view | Post
#46
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(ronnie @ Jan 4 2013, 12:40 AM) With Plus SA interest rates from 0% to 1.2%, effective rate for this combo is 3.39% (for total deposits > rm250k) |
|
|
|
|
|
Jan 14 2013, 04:17 PM
Return to original view | Post
#47
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(mlyuki @ Jan 14 2013, 03:34 PM) Yes, saw the promotion at MBB website. Add the three rates and then divide the sum by 3.3 mth FD promotion: 1st month = 3.1% 2nd month = 3.2% 3rd month = 3.75% min placement = 10k May I know how to calculate effective rate for tier-based FD like above? |
|
|
Jan 15 2013, 01:22 PM
Return to original view | Post
#48
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(Dino168 @ Jan 15 2013, 12:57 PM) Maybank Islamic PMA-i account Not in yet.Anyone received their 2% payout for December 2012? I checked mine account, still not in yet.  |
|
|
Jan 18 2013, 06:49 AM
Return to original view | Post
#49
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(tbheng @ Jan 17 2013, 11:33 PM) Thanks for updates. Mine too, total returns is 4.75% (maybe more if also calculate the compounded int), thanks to the person who brought this product here, sorry can't remember who.Just checked, yay! It is in. The exact amount as I pre-calculated. Great!  Now, I have forgotten, If I withdraw all the balance, will I still get 2.75% interest for January? For me I already withdrew my money on 2-Jan-2013 and only left a few hundreds. This post has been edited by MGM: Jan 18 2013, 06:50 AM |
|
|
Jan 25 2013, 05:53 PM
Return to original view | Post
#50
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(bbgoat @ Jan 25 2013, 08:50 AM) It applies to ALL (irrespective of age) who already have account in EPF. Not all. Does not apply to those who are currently employed and are contributing to EPF monthly.This post has been edited by MGM: Jan 25 2013, 05:54 PM |
|
|
Feb 9 2013, 09:27 AM
Return to original view | Post
#51
|
|
All Stars
18,402 posts Joined: Oct 2010
|
QUOTE(Gen-X @ Feb 9 2013, 07:25 AM) Happy Chinese New Year 2013 Welcome back GenX, many of us miss you, Happy New Year to you and family.» Click to show Spoiler - click again to hide... « And if you are wondering why I have not been posting, please click here and read post# 1655 at Credit Card Section. |
|
Topic ClosedOptions
|
| Change to: |  0.0568sec
 0.98
 7 queries
 GZIP Disabled
Time is now: 2nd December 2025 - 11:57 PM |
Quote
