Not worth it, u think the banks are dumb? EIR for 3.99% PL is higher than EIR for 5% FD

Of cos, in Ringgit terms u gain...

This post has been edited by Pink Spider: Sep 21 2012, 08:21 AM

Receive info abt SC promo up to 6% step up for 12 months...any clarify on this?

Noted Bro.

today last day unless SCB extend it or maybe come out with better offer

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Added on September 21, 2012, 11:32 amCan you close your advance account immediately so you can withdraw the minimum RM100 you deposited into savings?

Why do you say not worth it to upgrade to Premier when you keep stressing it is the best deal in town?

This post has been edited by Gen-X: Sep 21 2012, 11:32 AM

ya, i received sms about it. But average calculate is abt 4% only...

Once FD matured, no requirement for advance acct. I will update here by end of month.
Haha...best deal for non-premier...min 5k max 50k for solid 5% p.a. 3-mth, with just RM100 in Amanah Advance acct.
As for premier need 200k but only 100k max get 5%.

This post has been edited by tbheng: Sep 21 2012, 12:51 PM

Anyone know OCBC Premier Banking latest FD promotion rate?
Got some FDs expiring end of this month. Don't think I can make it for promo that ending 30th September.

What is the difference between end of this month and ending 30th sept?

Before you sign-up for OCBC Premier account, don't forget to ask for free Gold Art
gift; I suspect one OCBC female Personal Financial Manger is stealing Gold Art from customer(s).

I heard Gold Art was sold for RM 1200.00 by a Premier customer.



This post has been edited by BoomChaCha: Sep 22 2012, 01:19 AM

Wow, RM1200??? Who did he sell that to? Poh Kong? Or just art collector?
I doubt ocbc will give out such valuable gift.
If so, they will advertise big big already.

RM120 ke ?

This is another male RM from OCBC told me.

Does Gold Art worth RM 1200? I do not know.

But I know it contains real gold..the gold purity is 99%

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Added on September 22, 2012, 1:29 amOne thousand and two hundred Ringgit...

Or maybe the seller found a "big water fish" to buy it..?





This post has been edited by BoomChaCha: Sep 22 2012, 01:29 AM

In that case I want to sell mine. By the way I asked RM on recommending premier customer got gift voucher or not, she said that promotion ended in first quarter. This means those still giving out cash voucher is probably true from own RM pocket money.

You can try to ask for free moon cake (4 pieces in a box, from rwgenting brand) from
your RM, I think it should worth around RM 100 or more.

This moon cake is from OCBC, not from RM's own pocket money.

But maybe this offer is depending on the location of the branch..

Cash voucher is very hard to claim lah....

You still cannot find the Gold Art brown color small certificate which stated Gold Art contains real gold?





This post has been edited by BoomChaCha: Sep 22 2012, 01:43 AM

Went to Std Chart bank opened step-up FD. Pretty straight forward since I alrdy hv e$aver account. Thanks to the members on info. and clarification on my confusion. Std Chart issued certificates which mean the certs are required for renewal or withdrawal later on.

I asked the bank staff when can I withdraw my saving account in order not to affect the RM300 bonus. Surprise to hear that I can withdraw next week and interest will be credited end of Sept. All the long I thought I can only withdraw beginning of Oct since some members here withdrew theirs at the beginning of Sept

Need something better and more powerful than my Excel spreadsheet in monitoring my dollars and cents. Used MS Money in the past (at beginner's level). MS Money has been discontinued since a few years ago.

Since we have a similar interest in growing our $, and you may be using a personal finance software (expenses, budget, retirement). If so, please let me know if you find it a good software to use.

Please PM to me to avoid crowding this thread. Later I will revert for all a simple summary of what I get from the PMs.

Moderator, my apology for this slightly off the subject thread.

Cheerio.

Excel is very powerful, u just have to be more creative in using it

If you are asking about OCBC Promos in October, you have to wait until 1st of next month. However, if you are not a current OCBC Premier Banking customer and want to open an account with them, the 5% FD Promo for new customers should still be available. In my Fixed Deposit Promotion Page at my blog, I have an example on how you can combine OCBC Promos to maximize your returns.

Like BoomChaCha mentioned previously, it's worth RM250, so I guess that's what OCBC's supplier may have quoted them for it (before discount).

If offer to sell to Poh Kong, I don't think they will even want to pay you anything for it.

Haha, I bet you will like to dispose of your gold art for even RM800.

As for reward for recommending a friend/relative, Dino168 mentioned previously his Penang branch RM told him no such offer. And magika mentioned he was rewarded with RM50 cash voucher. And BoomChaCha mentioned about Parkson voucher, that time no stock (what does this mean? The vouchers by OCBC or RM?).

To All: Conclusion - go find a RM that will give your friend and you free gift. You do not need to recommend your friend/relative to your RM.

You need more power than Excel? Wow!

This post has been edited by Gen-X: Sep 22 2012, 10:10 AM

Some ending 25th some 29th so by the time I take out and put back in as fresh funds, won't be in time for the September promo as stated on first post of this thread. 

Thanks guys. Too bad I'm already OCBC premier account customer, no new customer gifts/FD promo for me. 

I'll call my RM on Monday see what new promo they have for October.

Yah, the fresh fund thingy really troublesome. Do check out if Standard Chartered Bank has any promo next week or drop 1st page or my blog before going to deposit back at OCBC. Previous week step up SCB FD up to 5.5%, this week 6%, next week or next month?

Also check if OCBC got any good promo for GIA-i "FD".

To All:

I forgot to post earlier that I can confirm that the cash voucher is by OCBC Premier Banking and not the RM. If you had read my article Premier Priority Privilege Banking Accounts, I posted a photo of the cash vouchers I was rewarded with, and on the voucher there is a stickers that states "With Compliments By OCBC Premier Banking". If the voucher was from the RM, they can just give you RM50 or RM100 cash instead and no need for them waste time to go obtain the vouchers.

magika - can you reconfirm that the cash vouchers you received also has the OCBC PM stickers.

And most importantly, like magika mentioned - nego/ask before depositing the money or opening the account.

And it is worth repeating here - for other banks where there is no promo, go talk to the Manager or Assistant Manager or Service Manager for better rates if you intend to deposit a substantial sum. For example at Bank Rakyat (as mentioned by magika previously), CIMB and even Affin can offer you higher than 3.6% if the amount is right.

This post has been edited by Gen-X: Sep 22 2012, 10:51 AM

Good sharing