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 Fixed Deposit Rates in Malaysia V4, Please read 1st post.

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pinksapphire
post Jun 21 2013, 01:45 PM

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QUOTE(uglyduckling422 @ Jun 21 2013, 11:20 AM)
not sure but the 5% is really alot. I put in half year then took out oredi.  tongue.gif
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Umm, you can take out halfway without penalty?

QUOTE(gchowyh @ Jun 21 2013, 11:30 AM)
Not just CIMB, Affin bank increased to RM 5 too, i got a shock when I found out but no choice had to do it.
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QUOTE(ronnie @ Jun 21 2013, 01:30 PM)
Maybank has been charging RM5 for a while....
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Actually, what's the reasoning for charging so high? RM2.15 to me is already expensive, let alone RM5.
ronnie
post Jun 21 2013, 02:50 PM

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The Sukuk 1 Malaysia fund is IN !!!!
bbgoat
post Jun 21 2013, 02:58 PM

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QUOTE(ronnie @ Jun 21 2013, 02:50 PM)
The Sukuk 1 Malaysia fund is IN !!!!
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I just checked CIMB, the interest is credited but the principal for the Sukuk is not in, how about yours ??

Thanks for the info !


Update:

Now both are in my account, so can use the fund even today !!! Note, checked online.

This post has been edited by bbgoat: Jun 21 2013, 03:01 PM
ronnie
post Jun 21 2013, 03:03 PM

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QUOTE(bbgoat @ Jun 21 2013, 02:58 PM)
I just checked CIMB, the interest is credited but the principal for the Sukuk is not in, how about yours ??

Thanks for the info !
Update:

Now both are in my account, so can use the fund even today !!! Note, checked online.
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Interest went it first... 2 hours later the capital was returned.
More funds to invest in FD !!!
bbgoat
post Jun 21 2013, 03:11 PM

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QUOTE(ronnie @ Jun 21 2013, 03:03 PM)
Interest went it first... 2 hours later the capital was returned.
More funds to invest in FD !!!
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Thanks for the info.

More money for the FD now !
pinksapphire
post Jun 21 2013, 03:23 PM

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Seems like there's a HL Mach promo until end of this month. 12 months FD for 3.6%. For those who are so used to their 4% back then will find this inferior and not appealing, lol...
mack8899
post Jun 21 2013, 04:00 PM

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just put in Bank Rakyak... a.k.a. Bunk Kura Kura..
But at 4.06% 12mths I can patiently wait lah.

This post has been edited by mack8899: Jun 21 2013, 04:00 PM
BoomChaCha
post Jun 21 2013, 06:02 PM

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QUOTE(pinksapphire @ Jun 21 2013, 06:00 AM)
Was it a good thing to get even if it matures only in 3 years? Just wondering.
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I think it is a good deal, but provided if we are not going to use the money in 3 years.


BoomChaCha
post Jun 21 2013, 06:13 PM

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QUOTE(tbheng @ Jun 21 2013, 07:12 AM)
Yes, i-Rakyat is the internet banking of BR.
I applied when opening my FD and SA.
Was using for the past 6 month.
I use the IBG feature to transfer the monthly interest out to other bank.
IBG fee was 50 sen initially, BR offer free IBG in May and then 10 sen from June.
Yes, it is very convenient to check acct balance and transfer fund via internet.  nod.gif
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I use a traditional way to withdraw my interest to a check every 3 months. sweat.gif

I think I will follow you guys' modern method.

Thanks so much for the useful info. notworthy.gif






BoomChaCha
post Jun 21 2013, 06:20 PM

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QUOTE(bbgoat @ Jun 21 2013, 09:09 AM)
To get the online banking, you start by getting the bank card from BR. Then use the ATM machine to request for internet password. More detail info can ask BR.

Other questions of yours have been replied by tbheng.

So far did not encounter problem in transferring funds out from BR. Except their website was down or slow at times.
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I was not aware of this Bank Rakyat online banking facility until you told us.

Thank you so much for this useful info... notworthy.gif


HJebat
post Jun 21 2013, 09:37 PM

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QUOTE(magika @ Jun 19 2013, 08:44 AM)
Must make sure that introducer is single name account not joint .
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Yup, it is an individual account. Will make a phone call to CS & the BR branch to enquire about it next week shakehead.gif
ManutdGiggs
post Jun 21 2013, 09:41 PM

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QUOTE(BoomChaCha @ Jun 21 2013, 04:42 AM)
Enjoy 5% profits per annum with the BNM Sukuk 1Malaysia 2010, available at commercial banks,
Islamic banks, Bank Kerjasama Rakyat Malaysia Berhad, Bank Simpanan National and Agrobank.

Subscription period: 20th May till 13th June 2010
Eligibility: Malaysian citizens aged 21 years and above

- Susuk will have a maturity of 3 years
- Based on Shariah principles
- Minimum subscription of RM1,000 and maximum of RM50,000
- Issuance date: 21st June 2010
- Resaleable before maturity date

Link:
http://www.offerstation.com/offers-promoti...laysia-2010.htm
I missed this opportunity  cry.gif

Anymore good deal like this recently..?
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Yes. Uob. If u hav 500k in fd, they ll giv u another 1.5% on top of the current 3.68% fd promo rate.



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aeiou228
post Jun 21 2013, 10:16 PM

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QUOTE(ManutdGiggs @ Jun 21 2013, 09:41 PM)
Yes. Uob. If u hav 500k in fd, they ll giv u another 1.5% on top of the current 3.68% fd promo rate.
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1.5+3.68=5.18%p.a. ? Highly unlikely. shakehead.gif
cherroy
post Jun 21 2013, 10:18 PM

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QUOTE(aeiou228 @ Jun 21 2013, 10:16 PM)
1.5+3.68=5.18%p.a. ? Highly unlikely.   shakehead.gif
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Those are high yield account interest only aka more like current acocunt that got 1.5%.

There is no such thing of 3.68% + 1.5%.

This post has been edited by cherroy: Jun 21 2013, 10:19 PM
ManutdGiggs
post Jun 21 2013, 10:19 PM

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QUOTE(aeiou228 @ Jun 21 2013, 10:16 PM)
1.5+3.68=5.18%p.a. ? Highly unlikely.   shakehead.gif
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Its call high yield acc. RM keep pushing me to take it thou I'm stil not in tat half a mil category. However she says can start with the min 1st. Which is 0.1 fr 100k - 300k. If can breach 300k then 1.0

This post has been edited by ManutdGiggs: Jun 21 2013, 10:21 PM
ManutdGiggs
post Jun 21 2013, 10:20 PM

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QUOTE(cherroy @ Jun 21 2013, 10:18 PM)
Those are high yield account interest only aka more like current acocunt that got 1.5%.

There is no such thing of 3.68% + 1.5%.
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3.68 is fd promo rate + HYA 1.5
cherroy
post Jun 21 2013, 10:21 PM

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QUOTE(ManutdGiggs @ Jun 21 2013, 10:19 PM)
Its call high yiels acx. RM keep pushing me to take it thou I'm stil not in tat half a mil category. However she says can start with the min 1st.
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High yield account interest will be based on your balance in the current account.

Just the interest of the account is based on how much one AUM (total deposit/investment) with them.

So nothing to do with FD at all.
ManutdGiggs
post Jun 21 2013, 10:22 PM

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QUOTE(cherroy @ Jun 21 2013, 10:21 PM)
High yield account interest will be based on your balance in the current account.

Just the interest of the account is based on how much one AUM (total deposit/investment) with them.

So nothing to do with FD at all.
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Fd is included.
cherroy
post Jun 21 2013, 10:24 PM

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QUOTE(ManutdGiggs @ Jun 21 2013, 10:20 PM)
3.68 is fd promo rate + HYA 1.5
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HYA account is an current account, nothing to do with FD.

Your FD if it is 3.68%, then it is 3.68.

While if your HYA (current account) has RM10k, then the 10K will be get the interest of the HYA.

Nothing to do with FD.
Just FD will count towards the AUM that can affect how much the interest of HYA.
cherroy
post Jun 21 2013, 10:27 PM

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QUOTE(ManutdGiggs @ Jun 21 2013, 10:22 PM)
Fd is included.
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FD is included in counting AUM that determined the interest of HYA one can enjoy, nothing do with extra interest that FD can get.

For eg.
if one deposit 500k in 3.68% , then the 500k get 3.68%.

While if one has RM10k in HYA, then the 10K get 1.5%, (because AUM is 500K based on the table of the HYA)




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