Ge-X did mention it and I was trying to apply it in next month. I remembered I read in this forum someone has done that and he mentioned he has enjoyed 3 months 5 % for two times ( husband and wife)

Update me then as I am also interested..

just realized have to withdraw FD at the same branch u deposit.

Most banks have this rule... some is flexible enough

Yes. Can. you can have up to 3+1 premier accounts

1) Husband name
2) Wife name
3) Husband or/and wife names (Husband name as principal account holder)
4) Wife or/and Husband names (Wife name as principal account holder)

As for the +1, I'm not sure whether you can have two separate accounts for for the 3rd and 4th join account type. Please check with the bank and give your feed back to the forum.

the only bank I know is Am Bank which allowed transaction not at home branch. Anyone know any other bank?

Option 3 and 4 not applicable, according to my RM. Delist 1 when using 2. Then wait for another 3 months (park somewhere else) before repeat 1 & 2 cycle again.

I think most of us dont understand what you are saying..

This post has been edited by magika: Oct 22 2012, 09:06 PM

Let me explain ...

Use husband name as premier account holder for 3 months before cancel premier status (need 6 months to be effective). Then use wife's name as premier for another 3 months. The balance 3 months, find another home for the $. After husband's name is delisted, the whole cycle repeats.
This suggestion option is if you do not have other family members to add into the premier list; like parents, grandparents, children above 18 and etc.

I think what he meant option 3 and 4 is not applicable to open premier account.

Can only start with option 1, husband open premier account. After 3 months, wife open premier account (with the husband closing the account, I guess this s what he meant delist). After three months, wife close account and wait for 1-3 months to start the cycle again.....hopefully the offer is still available

You mean no joint premier account?

ocbc no go ;(

All banks allowed joint premier accounts. My understanding based on what the other member wrote is having single name account is more clear cut to enjoy the 5% for 2 times (husband once and wife once)

Maybank/Maybank Islamic latest promo till 16 Nov 2012

3 mths 3.8%
6 mths 4.3%
9 mths 4.4%

However the rate given can be revised if BNM review it OPR. I may think its worth a try eventhough musical chairs players would want something definite. Pls refer to MBB for further enquiries as the info given is gleamed from newspaper.

magika,

Many thanks.

With the many replies over the last few days, I am a bit lost on where to go. Your lastest update is great. Only problem is my FD will mature on 16 Nov. So have to find out from the 2 banks on how I can get it down within the day.

Cheerio.

16 Nov a bit tricky better withdraw in cash or banker cheque for latest MBB promo. If aiming for PMA-i, its a current account so have to wait for cheque clearance, i think. However as mention for latest MBB promo, the rates depends on whether BNM review its OPR and it look something like step up rate.

Thanks.

Just saw the MD promo in the Star. Noted it is a top up to 4.4% and not 4.4% for the whole 9 months. I am getting tired of banks doing this sort of promo. In some way, tricking customers if they don't read it carefully.

Cheerio.

Agreed, a step up rate from 3.2% to 4.4%. Average rate is 3.67%.
The step up rates was clearly illustrated in the adv.

This post has been edited by aeiou228: Oct 23 2012, 10:27 AM

As told by the MBB officer:
23/10/12 bank in rm130000

23/10 to 31/10 (9 days) hibah=130000*1.7%*9/365=rm54.50
1/11 to 30/11 (30 days) hibah=130054.50*2.75%*30/365=rm293.96
1/12 to 31/12 (31 days) hibah=130348.45*2.75%*31/365=rm304.44

Total hibah=rm652.94=2.619%
Total returns= 2.619+2% dividend=4.619%.

Hope this is correct.

Oh I do see where the issue is. Its the period from 23/10/12 to 31/10/12 where no dividend is paid.

Thanks anyway.