Thanks for expanding on this...!

Yeah, another way to look at it too.

Hi, bbgoat. Do you have any concern banking with KFH compared with other banks? As you know, it's not exactly like usual banks out there, still quite a peculiar one (to me, at least).

Nope. Not comprehensive enough, many missing rates.

Yeah, same hesitation here as well. Thanks for sharing your sentiment on it =)

Good memories not necessary come from spending money on them for luxurious indulgence. I mean, there are other means too.
But either way, I've told myself, no fancy upbringing for my kids if ever get one next time. Look at all these spoilt children (most of them), they complain over not having the best of phones, best education, best lifestyle, etc. Hello, when I was a kid, I dealt with whatever I had. Yes, it sucks to see others being better off, but there will ALWAYS be better off people. They must be taught that we don't owe them anything. They should be thankful with what they have. But no, nowadays, it's all about giving the best to their children. Not like it's a bad thing, but don't complain when they turn materialistic, less grateful and thankful, and feel like you owe them and not the other way round, and not appreciate what parents do for them. They even b**** at parents for not buying (and buying somemore) fancy gadgets for them like they freaking deserve it and money falls down from the sky. I've seen too much of this happening around, so no thank you.

Btw, this is not directed at you, magika, lol...this is for everyone who bothers to hear my rant.

Anyway, for FD...anyone knows if Sept will be kinder to us? I'm so demotivated by the lack of interesting FD promos lately. Even RHB's fully signed up, so lagi teruk.

Haha, indeed!

Sept is here! Any new promotions, lol...
Judging from the lack of exciting ones, I'll prolly just go for a joint-account FD for OCBC MegaSaver for the next 3 months.

Random thought of the day. Sometimes I wonder if it's worth my hassle to switch from one bank to the other due to very small difference in interest rates. Let's say I'm used to OCBC, would I wanna bother changing to a new bank (never dealt before) just for a slightly higher rate?

At the end of the day, the actual value is probably just not that much. How much do you think is worth the switch and risk? RM50? RM100? Or does RM10 enough to sway you?

Would like to hear from anyone on this

I'm also thinking of the same. But I think maybe I'll go for the 4.5% promo cuz shorter term in case anything changes in the near future, can still move here and there. The PIDM protection is separate for each account, right? So if I have one on my own and joint account with my parent, then it should be 250k for each, yea?

Lol, you're having my symptoms too...I can't decide on any of my FD placements. I'm also going back and forth deciding until now it's been more than one month!

Thanks for the confirmation, bbgoat.

Cherroy, I'm not sure what's KLIBOR but my RM did mention that before and wanted me to take that up.
Do you or anyone else have any opinions on this... OCBC has this 5-year term so-called fixed deposit (not PIDM guaranteed, but OCBC guaranteed) and you get like 4.5% calculated daily interest, and you get the interest every 3 months credited to your account. There's also this gap % that they will be paying you for the period over the years to 'make up' for the time.

It sounded okay when briefed on this, but as I'm going to see my RM personally later to learn more, it's good to be able to get your feedbacks on this.
Honestly, I'm still lost as to what it is.

Looks like we're all briefed on the same product, lol...mine's same as yours, and it's hard to understand through the phone, that's why I thought of asking when I see the RM in person. But looks like this 5 years commitment is not as worry-free as your BR's 5 year FD, so I guess you're not going for it, yes?

Thanks for the explanation and other information given here as well

Hmm, not bad ah, 3 months only but they still give you quite high rate compared with other banks who tie you down for a much longer period. And you get free gifts somemore. Did you have to put in a lot to get this rate?

Gsc, are you gonna place the foreign FD again under this promo? If yes, any recommendation on which currency to consider? I don't know the value you've set aside, but to get 10% of return is really good! And it's only for a month, right?

How about other currencies, not considering them?