aiyah, now I have to go revise back 1st post OCBC Combo to what it was initially assumed based on previous promo, haha

Thanks for the update. Looks like I no need to go bother about my money in the SMART Saver account until October but need to go deposit RM50 this month  to get 2.85%.

And see, that's why you are elected (more like assigned) as a Committee Member 

Thanks.

Assuming below example..

Total fund = 30k
FD = 24k @4.5% for 3 months = 270
SmartSaver = 6k (is there any interest?)

Assuming no interest for SmartSaver, overall for 30k fund is 3.6% interest.

Please correct me coz I think I'm wrong..

tell me more about the service? sux ah? which branch u went to.. the website is hard to use already

Bank branches that do not have reception counter like that one loh, you must go and approach them to open new account. OCBC main office KL, upon entering the door, got Leng Lui greet you And my HLB RM very friendly and helpful.
Your branch in Penang no Q ticket?

For me, I have been a HLB account holder for years and got no major complain. I have accounts with 3 HLB branches and 2 Ex-EON and before I had Priority Status, just take ticket and wait for my turn loh.

As for PB centres, like I always mention in my blog, HLB, OCBC and UOB always got lots of customers and I find it faster to do my banking at the general hall and take Q ticket instead waiting for the PB tellers/cashiers. And what I notice is best to go to the bank after 3.30pm, less people.

But now when I go to HLB branches without PB centre, since now I got Priority status, I don't have to get Q ticket and just go straight to the Priority Counter

Can I have many combo FD but only one Smart Saver A/c???

The min monthly deposit will need to continue for 2 months right, 1st on the start of 2nd month FD tenure and 2nd time on the start of 3rd month FD tenure. Please correct me if I'm wrong.

Eg...
15 Aug - Open FD with SmartSaver a/c (30k in FD, 6k in SmartSaver)
15 Sep - Deposit 1k to SmartSaver (30k in FD, 7k in SmartSaver)
15 Oct - Deposit 1k to SmartSaver (30k in FD, 8k in SmartSaver)
15 Nov - FD matured (30k in FD + interest, 8k in SmartSaver + interest)

Hi all pros, may I ask if I happened to not 'renew' my FD of more than 10 years, is the money still there? Or it is frozen as claimed by certain ppl?

What happens if the depositor pass away? even worse if it is e-FD where there is no paper trail? 

Even if you provide auto renewal instruction, the same thing will happen after 7 years.  You can still claim back the money (not sure within how many years) but it is a tedious process.
It is advisable to go to the bank regularly (every 1 to few years) to update the auto renewal FD cert.

is it better to hav current account with ocbc jus to enjoy the fd rate as it would be easier to take out the money compare to the saving account??

if want to withdraw money from the account must go to the bank? or can use ATM card?

is there a max amount by interbank transfer?

2 months for 4.5% then after that change back to their normal rate? Errr.. Then what's the good thing of this promotion? Sorry.. I'm noob for those Interest thingy.
I just put my FD then no bother till now. Just look at the compounding interest.

depends lor...

for a hardcore musical chair player with 12 (or even more? ) FDs with 1 FD maturing monthly, the time (take half/one day leave...stuck in jam...find parking...queue at bank) and cost (petrol) might not be worth the effort

well, it's just me. cos to me, FDs are just a supplement/cash reserves, my main income builder/inflation fighter is my unit trusts

if i withdraw fd before maturity, besides lost all interest,is there any charge?

Bro, must be something on your site as I have no problems to my blogs and so does others. Try to clear cache or history.

So how many days interest you rugi? The extra 0.05% can cover?
koperasi mah.
Yes, always calculate the interest before you go and withdraw your money. Especially if your FD matures on Saturday, Sunday or Public Holiday where the banks are suppose to pay you interest up to the next working day. Public Bank so far was the only bank which tried to cheat me and the teller and Exec refused to pay me the extra few days interest. Demanded to see their superior and was referred to the Service Manager (second below branch Manager) where she also refused to pay me. Insisted that she call HQ and if HQ also refuse to pay me, I shall then report to BNM, then only she called HQ and paid me the few days interest. No more PBB for me.

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.

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

Problem is how u know mine is flaw?

To answer ur Q

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%

If withdraw premature
@3 month
Profit rate is
10k x 3.5% x 30/365 x 3 = ur profit rate

@6 month
Profit rate is
10k x 3.6% x 30/365 x 6 = ur profit rate

@9 month
Profit rate is
10k x 3.8% x 30/365 x 9 = ur profit rate

Assumption 1 month = 30 day

Am I right or u have better calculation ?

4% still pretty good rate.

and click here to my new Fixed Deposit Page. If it is still slow, bro, you better get Unifi lah.