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 Fixed Deposit Rates in Malaysia V3, Read 1st post to find highest rate.

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jtcs87
post Jan 5 2013, 03:25 PM

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Anyone had any idea for Public Bank FD Fortune?

http://www.pbebank.com/en/en_content/perso...ns/fortune.html

Looks good for 4.88% in 6 months? drool.gif

This post has been edited by jtcs87: Jan 5 2013, 03:25 PM
jtcs87
post Jan 5 2013, 03:53 PM

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QUOTE(duncan880409 @ Jan 5 2013, 03:41 PM)
Hi Jtcs, it is 6th month not 6 month... sad.gif
And the SA interest is lousy
*
Not understand.. Can hints on me. icon_question.gif
jtcs87
post Jan 5 2013, 04:05 PM

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QUOTE(duncan880409 @ Jan 5 2013, 04:03 PM)
Hi jtcs, my statement meant, this FD promotion DO NOT offer 4.88 for 6 month in a row, but instead 4.88 is only at the 6th month..
Read this
http://www.pbebank.com/en/en_content/images/tc_fortune.pdf
section 4.1
Besides, you have to place 20% of your total sum in Saving Account (This mean if you have 10k, you can only place at FD 8k, and 2k is Saving Account), and the interest of saving account is just lousy sad.gif
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Understood already.. I had found an article about it and the effective rate is around 3.26% - 3.36% pa..

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