Initially was at the counter and asked for multiple gifts for FD placement. But later was seeing the ABM, instead of more gifts, he asked do you play golf, go for lunch and too shy to open mouth to ask for more gifts like lap top bag, backpack, manicure set, umbrella, Parker pen, mug etc etc.

5 years will definitely not go for it. Based on current situation.

Lets see if UOB has good FD promotion, though definitely cannot be near to BR rate. But wise men told me cannot put all eggs in one basket. Poor man mentality.

This post has been edited by bbgoat: Sep 1 2013, 02:03 PM

Kia si person has small amount here and there.

Good idea, next time with the ABM also will have "thick face skin" ........

This post has been edited by bbgoat: Sep 1 2013, 04:13 PM

Citibank, CIMB both have that facility. Public Bank wise, they will keep the FD cert for you. Once it took me several months later to pick up few certs from them.

BR wise, I don't think they have it. Anyway for 50k or more you need to negotiate with them and may not want to do the online placement (if there is one).

This post has been edited by bbgoat: Sep 1 2013, 09:09 PM

Thank you for your safety advice earlier !! But I have stopped and moving away from UT for recent years.

Really admire the efforts you put in to check out the various FD promotions ! Even updating info into wee hours of the day (1.45am, why, you never sleep early ?? )

Let us know after you have called UOB on their Sept promotion. Thanks !

This post has been edited by bbgoat: Sep 2 2013, 09:39 AM

Thanks !

The 3 mth promo is lower than both KFH 3.98% for Junior acct and also BR's rate. So will move out from UOB and go to KFH or BR.

This post has been edited by bbgoat: Sep 2 2013, 11:35 AM

Ha ha, you are our FD Bank Liaison Director or Ambassador ! Calling so many banks asking for latest FD promo !!

OK, check on BR ATM card again, initial fee is RM8 but no annual fee. So when I asked about the fee, what the girl said is correct as I asked her any annual fee but then there is a first time fee of RM8 which I paid 11 months ago.

This post has been edited by bbgoat: Sep 2 2013, 05:38 PM

Also with the ATM card, you can set-up online account and do fund transfer (for the monthly interest). Last time you have asked about this, right ?

I have found the GIRO transfer to be very useful for the monthly interest from BR. Especially with the 10cent fee. Instead of traveling to the branch or even use ATM card to withdraw the fund.

This post has been edited by bbgoat: Sep 2 2013, 11:11 PM

So what the BR's ABM told me last Friday may be correct, that the FD rate may come down ??

Ha ha, "wise men think alike" ................

To me I always look at the return for the effort to switch to another bank. RM100 pa is the minimum for me to do the move (single move of a FD to another bank). Most of the time it is higher than that for a new account.

Like Citibank, 1 year FD at 3.05% versus BR of 4.2%, it can be substantial depending on the sum involved.

It depends very much on the individual's as well. Like someone has commented, super rich people may just park their cash in foreign banks and don't care so much on the different FD interest.

But for others they may have lower threshold of "gain" to do the FD move.

This post has been edited by bbgoat: Sep 3 2013, 06:26 PM

Really loaded people do not play FD musical chair or play partial one like those that concentrate on few (2) banks .................

But of course some of the really loaded people are different, they do play the FD musical chair. But not me ...........................



This post has been edited by bbgoat: Sep 3 2013, 08:02 PM

Thank you, Captain !!

Mach previous promotion of 4% is really good, those of us in Pg missed it !

What Pinksapphire said is correct. Separate or joint accounts have separate protection. Below from PIDM website:

Joint accounts - Joint accounts enjoy separate deposit insurance protection provided the records of the member bank disclose the names of the joint account holders

My guess is HJebat is the one from east Malaysia. Disclaimer: old man may be wrong.

This post has been edited by bbgoat: Sep 4 2013, 09:40 AM

"Old" man and dolls go out for late nite supper. Come back and start counting money until beyond 3am .........................

Also reply FD threads ...........

This post has been edited by bbgoat: Sep 4 2013, 09:43 AM

Ya ya, my UT portfolio decreasing ! Hopefully FD rate will go up instead of down !!

This post has been edited by bbgoat: Sep 4 2013, 10:43 AM

I placed FD for Junior acct and got 3.98%. KFH is under PIDM.

In Pg, have been getting RM0.15. I heard the counter girl talked to other customer, for saving acct to banker's check, it is RM 2.15. For FD acct, it is only RM0.15,

You are too modest, your numbers should be X10 !
For examples, if I have RM 20K FD in AmBank, then I have RM 20K PIDM protection.
If I have another RM 10K FD in UOB, then I have another RM 10K PIDM protection.
If I have another RM 15K FD joint name with my sister in OCBC, then my sister and I have RM 7.5 PIDM protection for each of us.

Have been using Citibank for years, my housing loan also started with them years ago ..........
Benefits of Citigold, no annual fee Platinum Visa, free parking, used to have gifts for birthday, Citigold counter etc. Really not many, but as part of spreading out the eggs (not all eggs in one basket, ha ha )

Someone used to say east Malaysia etc etc, I believe he is HJebat. Disclaimer: old man may be wrong.

This post has been edited by bbgoat: Sep 4 2013, 07:31 PM

If I am not mistaken, my experience with AmBank Pg is the FD cert on the same day even for personal check. The only one that I know have to go back is BR for personal checks.

This post has been edited by bbgoat: Sep 4 2013, 07:28 PM