The 50k will be earmarked for three (3) months from the date of the deposit placement. Should you withdraw any part of the earmarked amount prior to the expiry of the (3) months Tenure, UOBM reserves the right to deduct RM125 for the gift. If the 24-karat Gold-plated Snake Figurine is only worth RM125, I would rather go for the 3-month Fortune FD instead.

This is the website for UOB Triple Fortune / Fortune FD Promo
http://www1.uob.com.my/personal/promotions...ne17122012.html

For Fortune FD min. is 10K:
http://www1.uob.com.my/assets/pdf/tnc/FortuneFD_tnc.pdf
3 mths at 3.5% p.a.
9 mths at 3.65% p.a.

Triple Fortune is for Savings/Current /High Yield Account deposit with gifts:
50K (with 24-carat gold plated Snake Figurine)
150K (with Kimono Tea Set)

This post has been edited by nomen: Jan 6 2013, 03:16 PM

Yes you are eligible. You withdrew RM11k out from Bank A and deposited your fund into another bank (Bank B), subsequently you return with a cheque from Bank B to Bank A again to participate in the FD Promo, the bank would consider it as a fresh fund.
Everyone is doing that including myself.

P/s
There is no time frame but make sure the fund in Bank B is available.

This post has been edited by nomen: Jan 10 2013, 11:00 PM

You are welcome, this is what this thread is for.
You need to issue the cheque in your own name.
You may either issue your own personal cheque from your own current account or ask Bank B to prepare a Cashier's Order which you have to pay a certain amount based on Bank B's charges, please enquire.

There is a drawback for Bank Rakyat as it is not PIDM (Perbadanan Insurans Deposit Malaysia) protected.
Hong Leong is also offering up to 4% p.a. for the 12 months tenure and it is a PIDM member institution.
Please do read back this thread for earlier discussions and feedback.

It is an online FD Promotion from now till 7 March 2013, if you are interested here is the site: https://www.machbyhongleongbank.com/promo/mach-fixed-deposit

Those of you who are interested in the OCBC Bonus Savers 4.5% FD Promotion, the TnC is already on their website:

http://www.ocbc.com.my/assets/pdf/Accounts...5Jan2013_v4.pdf

Hong Leong's FD at 4.18% p.a. for 12 months looks good..... but the only drawback is the meager earnings for the 20% in CASA which would be earmarked for 4 months

Is anyone here going for it?

Thanks for suggesting ronnie. It is not possible for me to open a Junior Savings Account because I got no kids.

Public Bank "FD Fortune" ending 31 March 2013
6 months - minimum placement 10K ( FD 80% : SA 20% )

Promotional interest rates:
1st – 2nd Month 3.68
3rd – 4th Month 3.88
5th Month 4.68
6th Month 4.88

According to gsc's calculation the returns after 6 months is 3.3% p.a. for RM10,000.00

I am not sure about OCBC, but as far as I know some banks like MBB will not allow you to re-open the same savings account once
you have closed it with the same MBB branch. I think you should perhaps give OCBC a call before going back there.

PS
Coincidentally my FD will be due on 8 Feb (before the long CNY weekend) so it is not possible to IBG to MBB and return
the next working day, hence it is a miss opportunity.

This post has been edited by nomen: Feb 2 2013, 12:32 AM

Welcome back boss!
It is confirmed that UOB is charging only RM0.15 for FD withdrawal cheque, whereas at OCBC it is FOC. There was once I even asked OCBC to split my withdrawal amount into two cheques and still no charge.