UOB Fixed Deposit Promo (until 14-Dec-2012)
3.5% p.a. for 3 months
3.7% p.a. for 12 months

Which Current Account offers 4.2% p.a. ?

You are funny....       

There is a difference that called save interest vs earn interest. 

I think ngaisteve1 is talking about instead of placing 20k in FD earning 3.x%, might as well use the money to cover up the flexi loan account Interest at 4.2%.
His rm20k "yields" better in flexi account than FD account. A sensible move indeed.

Congratulation...for you have no more outstanding flexi loan

At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.

http://www.bnm.gov.my/index.php?ch=en_pres...ac=2706&lang=en

New Info : MBSB Fabulous FD is still available and the campaign will be extended to 31st March 2013 or by fully subscriptions of RM 500 million available fund, whichever comes earlier.

The highest rates 4.75% already ended at 31 december 2012 with minimum $1,000 placement, another additional 0.5% interest rates will be given.

Promotion period,
http://www.mbsb.com.my/misc/FA_Fabulous_Flyer.pdf

Link,
http://www.mbsb.com.my/deposits_fixed.html

A call from the MBSB banker told me it's extended.... until 31 March or upon reaching RM500 million deposits

Hi. I have a question about the OCBC Smart Saver account. Does the interest calculate based on monthly deposited amount or total balanced amount?

And any latest FD promotion at OCBC?

Ambank online rate has up to 3.40% for 12 months placement.

Nope, not PIDM insured

Ngaisteve1,
You may refer to the link as given 
MBSM is a listed company, majority shareholders is our government, the largest holds by Employees Provident Fund (EPF) and Pemodalan Nasional Berhad (PNB). The company was founded in 1950, and 63 year old of establishment.
Info,
http://www.mbsb.com.my/branches_central.html

Lets take RM100K invested in a year and you get additional 1% or RM1k.
Question is, would you risk your RM100k just for the extra RM1k offered?
I would'nt, but I agree that we all reserved the right to take risk differently.

Remember the grandparents' sayings:
(1) Do not buy house built on mining land;
(2) Only buy landed property; and
(2) If you plan to change your car in 5 years, do buy something with good resale value.

HLB staff rate is the best... 3.9% for 1 month

4.75% must be 5 years, do you think it is good to deposit?