Captain, check in..

Gen-X

OCBC Combo in your sticky ""Combo FD and Savings - 3 Months FD 4.5% where 20% equivalent amount deposited into FD must be deposited into a NEW Savings Account and maintain for 90 days."" Is it so must maintain in savings 90 days or not. N must it be new savings account. Thanks

No need thanks as it will benefit me when I go to OCBC later, oops my only mature between 13 - 15 Aug..

PB at HLB only 200k

Gen-X , so humble meh clerk. secretary general lah..

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Added on August 1, 2012, 9:35 pmHope it turns out well for all of you..

This post has been edited by magika: Aug 1 2012, 09:35 PM

Can see at first page one. Went HL bank yesterday, service no good, comparably BR better ..he..he.

he..hee.. better I not comment

Nobody entertain u. RM all either talking on the phone or looking at computer, even you stand nobody cares. Have to approach them only can.
Very indifferent, dont care attitude and its not first time I went.. Maybe busy lah..

RM50 a month equiv to RM600 pa eq to RM7200 for 10 yrs not taking into account compound interest means a lot for min effort, not to mention it builds discipline to increase net worth. Just recollect a conversation I had with staff always buying on credit, answer RM50 per month only mah, then RM100 pm only. If compile all the purchases, then easily a few k installment per month on impulse purchases only..he..he..

I dont think you realised how much he is worth

Do you really think that he has not been thru all the investment things. or is still not investing ?
Passive incomes does not necessary confined one to playing oops slip of the tongue ..investing in unit trust.
Its what one does with money thats idle thats important.. as they say idle things breeds devils thought ..my saying only lah..
Gen-X passive income will be more than our monthly income..i think .. back me up lah.. if not why he is so free and bored with retirement..

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Added on August 11, 2012, 8:48 pmI think forex got better returns..

This post has been edited by magika: Aug 11 2012, 08:48 PM

Same as in Unit Trust, will you invest in those that theoritically (your opininom) wont give maximum returns. For FD it is much simpler, compare rates then make effort to deposit at best rates, then hey presto ... passive incomes without much worries. As we age take lesser risk lah..

I am less than 80 but older than you of course..

Its not admirers but respect must be accorded accordingly to one's acheivement. He is actually quite humble says is clerk only..

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Added on August 11, 2012, 9:30 pmMe too but at Genting Highlands..

This post has been edited by magika: Aug 11 2012, 09:30 PM

Gen-X bro, your blog unaccesible lah..

Fuiyoh n I only managed 250%

Very good question, i will ask this week as have some maturing from 13_15 this week..

Bro, cant seem to accesed your blog for a few days.

Just check my FD cert, woah my data is wrong a few already expired, going to OCBC tomorrow..

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Added on August 14, 2012, 10:07 amJust an update from BR. Went for upliftment, counter clerk says has to split to a few Banker Cheque, as Manager is not around so asstant cannot sign above limit. Each cheque willcost around RM2.xx. Silly bank, i ask who is going to pay for the extra cheque or my daily interest if i wait for the manager to be back. Then only do they agree to waive the charges.

For premature withdrawal at BR there is a premature withdrawal rate table. I will post later as still at Bank.
Premature withdrawal rates for 60mths deposit is 2.94%..better 0% for most banks..

Just a precautionary note to musical chair players, pls calculate actual principal plus interest before upliftment. In my case I was promised extra 0.05% although the interest in RM printed on the cert stated board rates. The staff had assured me before that their system has already recorded it. Being cautious, I tally up the amount on the Banker Cheque and lo behold the extra was not in. Have to wait half an hour again for new cheques.

This post has been edited by magika: Aug 14 2012, 10:56 AM

Just deposit today OCBC Combo with Smart Savers.
Did my calculation approx 4.2% pa for 3 months in total.
Initially when met RM for 3 months rate she quote me board rate, and after that only I ask about Combo and Internet FD then did she elaborate.
Thats the reason we have to have to be ready with our homework before depositing. Then after that her assistant was assigned to do all the paperwork. Relationship Officer (as to her title) was more than helpful & efficient, she did all the explaination & recomendation not only the pros but the cons too. 1+ up for her. The RM1k per month deposit I plan to do it via Giro RM2.00. Less hassle..

Also deposit in the Internet FD thingy, and quite good at max RM25k 4.5% pa rate. Only thing is that the Bankers Cheque must await clearance before deposit thru Internet FD.

One thing about OCBC is, all transfer within own account (internet banking) are subjected to RM2.xx fees.

All in all, upliftment at BR plus depositing at OCBC took me 4 hours (2 hour - BR make mistakes in Bankers Cheques . 2 hour at OCBC)
So its quite a time consuming process for those intending to play musical chairs.

Just an update, someone was asking OCBC online giro, its max RM5k only...

BR FD upliftment Banker Cheque's free..

This post has been edited by magika: Aug 14 2012, 05:11 PM

My RM confirmed that SmartSaver can be transacted by Internet Banking and ATM card. In fact I can see the account from Internet Banking plus all my other deposits & accounts.

Even in my workplace cannot access lah. Let me check further..BR did not pay me extra for Saturday/Sunday though , forgot to check, nevermind lah lazy already next time will check..

Extra 0.05% means my personal expenses for the day has been paid..

BR, I was reporting live lah like TV3, wat singh was that... he..hee. The counter clerk told me, then after I ask who is going to pay for the extra cheques, then it was waived. After I left, I went back again to enquire and then was told for FD upliftment it is free..wats going on...

For OCBC eFD transfer no charge.

Bro, sewerage company got vacancy want or not...

This post has been edited by magika: Aug 14 2012, 05:44 PM

Thanks for the Honorary Title, hey wait a minute , I hear a lot of people cursing him..watde..

This post has been edited by magika: Aug 14 2012, 06:11 PM