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

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stchan
post Aug 3 2012, 10:48 AM

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QUOTE(MGM @ Aug 2 2012, 02:41 PM)
Went to HSBC KD, can't open account+5%FD becos can't prove of local residence, shXt.
Went to OCBC DU no longer allowed to top up SavingsCombo, has anyone here actually managed to top up?
Decision, decision, decision. Slave to the money.
So looks like have to ask wife to open acc+4.5%FD if there is no other better options.
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What is required to prove local residence?
And do u have to be a residence of KD?
stchan
post Aug 17 2012, 11:13 PM

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To all the musical chair sifus:

When you are in between musical chairs, meaning, when your FD has matured and while waiting for another good promotion, where is the best place to park your money?
The wait could be a few days to a few weeks.
I usually park my money in CIMB Money Multiplier account - a current account that pays 2.5% pa if your deposit is RM10,000 or more.
Just wondering what better options there are.
stchan
post Aug 18 2012, 10:41 AM

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QUOTE(magika @ Aug 18 2012, 09:44 AM)
Before my FD mature, I would have determine which are the best current offers, does not matter if 2 or 3 mths i will go for it. When the music stopped i grab the latest available, if rates are low than short term, rates high 12 mths max. I would say min rates are much higher than 2.5% evenfor 1 mth FD.

I would say your methods are much more suitable for unit trust investment/gold investment, as even stocks trust account gives very good interest..
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I guess you are right. For pure FD enthusiasts, just grab the best FD offer available and definitely get better rate than 2.5%.

stchan
post Aug 28 2012, 03:54 PM

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QUOTE(gsc @ Aug 28 2012, 12:55 PM)
With ocbc interest rate drop to 4% next month, am I correct the best rate for three month will be hong leong at 3.9%?

for the those with std chartered, did you all get the rm300 bonus. I am supposed to get my in sept and has to plan where to muscical chair
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I have not got mine (due in August).
I suppose they will only give me on the last day of the month.
stchan
post Feb 6 2013, 01:56 PM

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QUOTE(Happyman @ Jan 26 2013, 05:56 PM)
OCBC new promo.

5.5% pa for 3 months.  But only 50% of funds can put into this FD.

The balance of the 50% can put into bonus saver, 4.5% pa, premier gold acc.  And must buy one non deposit product, you can put 5% of your funds in DCi. 

Lets say you have 2 million cash.  1,000,000 in 5.5% pa FD.  600k in 4.5% FD, 300k in premier gold 3% pa, 100k DCi, assume you get 4% imterest rate,  You will get 23750 interest, or 4.75% pa

This is the highest short term FD combo.

The other one is bonus saver, 4.5% pa.
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Just took my wife to open the accounts in OCBC as suggested above (with lesser amounts but in the same proportions).
Except I bought 1k unit trust for the nondeposit product.
Average interest about 4.72%.
I think this is the best deal now available.
Also got a travel bag as free gift.
stchan
post Feb 8 2013, 12:31 PM

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QUOTE(pisces88 @ Feb 8 2013, 11:55 AM)
Wow. Got travel bag? From which branch? Duno still available next week or nt..
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DU.

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