Nothing to do with FD. This is for their CASA. If you increase the amount in your CASA by RM1000 (for the -i account) then you get additional 1.1% interest, which could be up to 3.85% (the account got interest of 2.85% in some situation).

Not interesting for FD player.

I was rather annoyed by that lady. Relentless for a counter staff!! No, did not buy from her and told her when I pick up the cheque "appreciate for your trying............"

I know you are talking about cow's milk I buy it regularly for my junior.

Yes, things are getting more and more expensive for sure. Kind of crazy.

It is likely that interest rate will go up next year. But cannot be sure. How much, do not know. Someone posted a link on what was reported in the newspaper recently on 25 to 50 basis points for the OPR.

Add: in fact you quoted the source in the previous page.

This post has been edited by bbgoat: Aug 21 2013, 08:38 AM

I dislike UT because whether the fund manager perform or not, 5% must be paid and here we have to play musical chair and cant even get 5%..

Step up new offer from SC for their existing customer (who took up their step up FD a year ago) to continue with their new step up FD which is low comparing that of Ocbc, UOB..

1-3 month 2.8%
4-6 month 2.9%
7-9 month 3%
10-12 month 4.5%
Effective rate is 3.3%.

Since SC mailed the letter individually to current depositor, I wonder will they give different rate to different customer?

I do not get any special offer also after talk to them recently.

The ATM card or rather debit card given is free for the 1st year. But rather expensive for the second year (forgot the exact amt, something like RM20) unless you use the debit card with certain amt of money. I intend to cancel the debit card before end of 1st year.

Ha ha, BoomChaCha is the rich person with lots of FD ................

My thought is we need to find banks which gives the high interest for the 48 or 60 mths FD. That is to spread out the risk unless we have multiple millions (like super rich person who is not interested in high FD interest or not concerned on the bank collapse issue).

Currently my FD's are 12 months duration. Was looking for 60/61 months FD but was concerned if the OPR will go up next year.

yea. See it wrongly..

damn the T and C is like Johor to Perlis. So many things.

Only certain account are participating in this campaign.

need put some money in the Saving Acc. then need incremental of 1000 during the campaign period, only can got 3.98% p.a

No lah.. actually each of my FDs is small amount only..
In fact, only real rich people will say other people are rich..

This is what I think:

Rich people are not too concerned about the interest rate, but they are very concerned about the bank collapse issue.
Poor people are very concerned about the interest rate, but they are not too concerned about the bank collapse issue.

Then in this case, I support you to place 1 year FD first (mentally support only... ); otherwise you will not sleep well
until next year. Furthermore, it is never too late for you to make a right decision next year.

Ha ha, not sure how to defend myself ...................... Better to keep my mouth shut.......zipped.............
Poor guy better keep his mouth shut for now.

BR FD, likely to place for 1 year or put some amounts for 5 years first. Not sure yet.

Our captain is still active in threads related to credit card.

No need to defend since it was a joke..

It is a gamble. But a gamble that will not make you lose money, except a very slim chance of Titanic issue.

I was wondering why no need to show the picture IC when a credit card is charged at the cashier counter?

Hi guys, miss my babbling here ar? I just got back 3 days ago and posted at Credit Card section but then got sick (change in weather I guess).

If you were to check out my facebook account like once a while you know where I'll be.

From what I gather, FD promos not much difference since last month, want make your life simple, just go for OCBC 13 months 3.7% but if damn freaking free and no cost to you in going to the bank at least once a month, then go for OCBC Combo 3 months.

Actually, this last few months I got no cash to go chase after FD Promos. It will be a few months before my funds reach maturity and then also wondering if I should go deposit downunder and get Online Saving Account (under my daughter's name so I don't get tax) that pays 4% or more credited monthly or maybe do go for short term FD... read below on my second option.


you guys want to deposit money up to 5 years may miss some golden opportunities...

Now now, since last two months, most SEA currencies and AUD has weaken at a rapid rate against USD and if this continue, will we see a repeat of 1997/1998? IF history repeat itself, those with cash in hand will make lots of money. And if it does happen, I guess aeiou228 and myself are looking forward to a shopping spree season

Those of you who have not bought a Rolex better go get one now before our RM depreciate further (applies to getting an imported car too before new stock arrives) instead of putting in FD because the interest you earn can never catch up with the periodic price increase

BoomChaCha, bought your new car?


It has been couple years since any commercial bank has offered 5% for straight forward FD for up to RM2M.

If you see gold price in USD, the current price still lower than in May 2013. BUT, if in RM, it is higher than in May, reason because of USD has strengthen.

This post has been edited by Gen-X: Aug 22 2013, 09:52 PM

Welcome Back again.. Captain Salute Cannons...

If like this, then property should be affected..? Most condos are selling from RM 500 to RM 600 per square feet, how to buy..? I guess the property market should burst soon..
Thanks for the valuable info Captain

No.. I was hoping for the new car price dropped after General Election, unfortunately this never happened..
I just wait for a while first since my old car still can be used..still hoping car price will drop soon..

You mean 2 years ago, all commercial banks offered straight 5% FD..?

You are Really Steady...!! Thanks

This post has been edited by BoomChaCha: Aug 22 2013, 11:24 PM

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

This post has been edited by BoomChaCha: Aug 22 2013, 11:06 PM

I was in May Bank this afternoon, the customer service (ticket counter) told me this promo required to deposit
more than RM 50K in the premier saving account.

According to May Bank:
Let's say if to put RM 51K, only RM 1K will get 3.85%; while RM 50K will get nothing (I guess what they meant was
normal rate).

2nd example, if put RM 55K, only RM 5K will get 3.85%. the balance of RM 50K will get normal rate.

May Bank staffs were not so polite as they thought not many people could afford more than RM 50K to participate
this promotion.

This post has been edited by BoomChaCha: Aug 22 2013, 11:21 PM

No, I did not receive your similar FD offer letter from Standard & Chartered Bank.
I placed only one last time of 5% FD from S&C during the year end of 2011.

Welcome back, Captain!! We all miss you injecting new and exciting comments in this thread!

So, looks like I will give up earlier idea on >1 year FD ................... For me, now I am using KFH for the 3.98% Junior FD promotion. But they also offer 3.8% for the normal FD promotion.

Ha ha, now it will be more expensive to buy Rolex, imported cars and other items ! Here goes my Rolex, have to wait for RM to appreciate at a later date

This post has been edited by bbgoat: Aug 23 2013, 09:31 AM

Penang property for new launches are at RM600 to >RM1000 psf !! If there is a burst, that will be good news !! Go for some shopping lah !!

Grad to see you resurface again Seriously, I wonder why you can't post reply while abroad.
Yeah, rm3.30 to 1 USD yesterday, if put in dual currency account sure will never get converted and enjoy high interest.


Rm3.3 yesterday, importer pays 10% extra in ringgit, which means imported goods, manufacturing, industrial, building materials increase by 10%. Our last 3 years FD interest earned all wipe out in 1 month.