Any insider info whether the 1.5 billion cap for the current 12 months FD is reached?

the current promo by till end june suppose to have 4% interest right?

Not sure if the policy is the same for OCBC, do I need to bring along the other person if I want to open a joint account together? Thank you.

Okay thanks. Tomorrow is the D-day.

Best case scenario - UOB allow me to place my uplifted FD to the current promo (not fresh fund)
Back up scenario - Uplift UOB, place at OCBC promo.
Worst case scenario - the cap for the current scenario has been reached 

Yup, the joint acc promo. If it really ended already, might wait for next Monday for this 13 months promo 

OCBC FD Promo effective 1 July until end of September 2013

(1) 13 months tenure: 3.7% p.a. (fresh fund required)
(2) 3 months tenure: 3.4% p.a. (fresh fund not required)
(3) 3 months tenure bundled with CASA (suggest to take Smart Savers): 4.5% p.a. (fresh fund required)

I tried to get the new brochure, but OCBC did not have the new brochure ready yet..

The Service Manager showed me the computer print out. The 3 months FD promo at 3.4% is still available until end of September.
Is this 7.43% return rate guaranteed? What's the catch? Like any processing fees?

When is the expiration date of this AU$ FD promo? And minimum and maximum RM deposit amount?

Hi, gsc. How does your net rate work? And by +5% promo, did you mean you get this much for placing a foreign FD for one month? It looks too good

Yeah, I remembered us discussing something about this not long ago too.
In short, you keep 1 month. The 2.4% is to cover the loss from immediate conversion and the 5% is like a betting amount, yes?
If the AUD goes above RM3, do you lose anything though? Or it's capital guaranteed?

To make my post relevant to FD, yes, OCBC allows for premature FD withdrawal without penalty if you take up any of their investment products.

UOB Merdeka FD Promotion starts today Monday July 01, 2013.
for only 3 months FD @3.48% p.a. that's it, so there is nothing to shout about.

Ya I opened one too but now wondering what if 6 months down the line FD interest rates goes up?
UOB 3.48% for 3 months sounds attractive, might check it out

You must be one of their top customer 

Yes, UOB can offer special rates to their customers for any FD tenure. That is if your RM is willing to seek HQ approval. I have mentioned many times that UOB Commercial Banking can also offer very good rates, even better than their FD Promos.

Currently, UOB is only offering Merdeka 3 Months FD Promo but I believe in two weeks time, we shall see them offering 12 months FD Promo. This is because they will be short of cash when all their smart customers withdraw their funds from UOB and head to OCBC 13 Months Joint Account Promo.

I also updated Post#1 - did I miss out any FD Promo that is worth mentioning?

Hi all sifu,

Would like to know whether FD rates are on uptrend as there are more ads in the newspaper...

Bro, somehow I just don't feel comfortable mentioning MBSB deposit products to others even tho the major share holder is EPF and as such it should be regarded as "safe".

^ My dad has alot of FD with Ambank and he refuses to transfer to other banks despite its low FD rates. I will inform him about this long term FD promo.

Anyone know if UOB FD require opening of their saving accounts?

just checked hlb.

for now, only islamic... 3.5% for 12 months. conventianal lower.

well, there is always uob 3.65% for 12 months, no frills....

Yup, that's the saving combo deal which has been going on for some time already. 2/3 in FD at 4.5% and 1/3 in saving account, interest earned in saving account depend on which type of saving account you open.

One of their highest interest earning saving account is smart savers, which is why they usually would recommend it. Which type of saving account did you open? I have been putting FDs into OCBC saving combo promo many times already and the interest earn in saving account is usually 2.9%-3% depending whether smart savers or premier save gold.

Then you have to play the 'fresh fund trick' in order to 'renew' your FD. 
Also, upon renewal, the FD:CASA ratio no longer 2:1 because you can't withdraw the first batch of SS deposit. The new FD:CASA ratio would be 1.33:1.67 if no fresh fund. With the ratio given, you can calculate the effective rate la.

Second scenario if you renew the FD but top up the SS with fresh fund, then the ratio will become 1:1. Effective is 3.7%

another longterm FD 9 mo + 60 months = 69 month.

3.55 for 1st 9 months 60 months for 4.15.

50 : 50 basis