Yes, it has to be an incremental net deposit up to 6k every year.
But if you use the trick of this year deposit 6k, next year withdraw 6k and the following year deposit 6k again, then I guess you may be able to claim tax relief every alternate year.

That's strange. Can you see the PM button under my avatar in this post ?

Only total incremental net deposit up to 6k in any calendar year is given tax relief.
Say you already claim 6k relief for year assessment 2013. In 2014 the incremental net deposit (total depsosit minus total withdrawal in 2014) up to 6k Will be given tax relief.
If 2014 you only withdraw and no deposit then 2014 tax assessment no tax relief la. In 2015 you deposit 6k again then you enjoy tax relief again in year assessment 2015.

In short, you must put in 6k fresh deposit every calendar year to enjoy 6k tax relief every assessment year. Eg. By the 3rd year, you bal in SSPN is rm18k but you can only claim 6k tax relief for the 3rd year.

As I said earlier, the SSPN withdrawal policy will certainly prevent you from withdrawing.

Went to check more on the RHB promo.
I was looking at the straight 3.78% FD. The person told me I must sign up for online banking, and I have to take up a debit card if I don't have a credit card. And of course, must open savings account too so that the interest can be banked in at the end of tenure.

I asked why must I have online banking? She said it's the requirements...comes as a package. I said I won't do any online activities with it, but she said doesn't matter, I must still have it and log in at least every couple of months =[

Thanks for the advice. I think this ruling has to do with the branch I went to too, so troublesome.

If OPR increases, FD rate is likely to increase or decrease?

Yes, I saw that also. So HJebat, aku hesitate to place for 5 years FD with BR next month already loh ................   So likely to still go for 12 months and see the situation next year. 

You do not have a saving book, and no online banking account, then how do you check your balance and debit/credit transactions?

statement based account  --> does this mean RHB email you monthly statement? Or send you statement by post?

Can we get both statement based account and a saving book together..?

My OCBC 3 months FD (bundled with Smart Savers) has matured since yesterday, so tomorrow I have to
go to OCBC either to withdraw the matured FD, or to move the matured FD's fund into Smart Savers...

A very troublesome procedure for depositors to maintain 2.9% in Smart Savers, since cannot withdraw until the
1st day of the month...

Ha..ha.. Thanks for the joke.. 

As posted by a member previously, UOB has only one FD promo for 3 months at this moment:
3.48% rate for 3 months, fresh fund needed, effective until 31 August
Minimum: RM 10K
Maximum: RM 5 Million

He said there is one time fee 5% for investing in one Unit Trust..
He recommended OSK-UOB Kidsave Trust to me..but I did not take it, of course.

My SC also due end sept 13..previously on the 6% step up..ask SC yesterday also non acttractive rate. Will check it out Rhb..ask mach hong leong also no more the 4%...

Usually only new FD account (especially big Ringgit amount) will get free gift.

so let's say my smart saver currently got rm10k, the 50%  amount was 5k(locked), so the interest i get on smart saver is calculate based on 10k or 15k?

*Every month i will deposit >1k for 2.9%

Life is getting harder with high inflation lately.
I can see the only price drop item is LED TV... 

I am very disappointed UOB only offers 3 months FD at 3.48%. 

Let's say for 20K fund, and comparing between RHB and MBB

RHB 3.88% 90:10

18,000.00
($18,698.40)

*2,000 for CASA considered negligible, take out after 3rd month

VS

Maybank 3.50% ER

20,000.00
($20,700.00)

Basically will end up with the same interest gain (+/-), am I right? And with RHB, I will have 2,000 cash after 3 months (I can take it out right).

I was counter offered for existing last year SC  step up FD for 3.5% for 6 months after i callled up to cancel the letter offer of low step up effective rate @ 3.3%. Still hunting....

U need to call to cancel, if not sc will auto renew to the proposed rate indicate in the letter. It is explained in the letter. After nego, give straighforward 3.5% for 6mnths.

YES, I am against using the Rakyat's money to bail out companies/organization which have been mismanaged due to in-competencies, corruption, greed etc etc and that include the banks too.

This is fun discussion instead of repeating the same FD promo until new FD promotions are out 

Received mail from Affin yesterday
1-3 mths 3.68%
4-6 mths 3.78%
7-9 mths 3.88%
subject to 20% in CASA

Any comments?

Didn't mention
I suppose same duration with tenure of FD
M not sure whether dis CASA rate still applicable:
1,000 1.45%
5,000 1.90%
10,000 1.90%
50,000 2.80%
100,000 2.85%
500,000 3.10%
1,000,000 3.38%