Did you get the FD cert on the same day when you placed your FD?
Or you have to wait for your check to clear first then Bank Rakyat give you the FD cert?

This post has been edited by BoomChaCha: Aug 23 2013, 11:48 PM

going to give a try on BR FD. any step that is diff with other banks?

and why ccanot get the cert 1st?

Need to clear check before BR issue cert. This typically takes 3 working days.
Got a free BR key chain for opening saving account with them but need to pay RM8 for the ATM card.
Hope this is a one time charges and not annually.

"clear check "?

did they issue any black and white during the 3 working days?

Can anyone enlighten how MBSB 4.20% FD work?

Bro, like you know I am half blind and and I have mentioned in my blog or maybe in Facebook that I don't post while Oz because I only have access to a crappy 14" notebook (son got 17" Dell i7 laptop to play game) which causes major discomfort to my eyes. While in KL I sit in front of a 23" LED monitor while I surf the internet or post here.. thinking of getting a 32" LED TV but my table no space for it

Versus MYR, the stupid USD gone up 10% and AUD drop like about 10%. So end up for me no difference (for now) because son "last minute" decided to go do his Master in an Ivy League Uni and younger children in Oz.

As for dual currency, if get converted also good what... if USD continue its up trend, can make 1% a day (i.e. 365% when annualized)


Bro, you are right, I saw ad in The Star yesterday, 40" LED TV now really cheap.

As for UOB, 3.48% not too bad considering it is a straight forward FD. But I can tell you for their commercial banking, their straight forward FD rates can be pretty good compared to other commercial banks. Even without asking for special rate, their current promo is 3.6% for a year (but half need to deposit into their Biz current account which is pretty good by the way since it pays interest daily). HLB now also nego on special rate that is competitive with OCBC.

Anyway, I believe we will see better FD promos in the last quarter, i.e. starting from October.

As for BR, as long as our government can continue paying our civil servant salaries, you got nothing to worry about. BR making tons of money from Personal Loans to our civil servants. This statement can also be applied to MBSB.

This post has been edited by Gen-X: Aug 24 2013, 12:04 PM

It is better than 3.3% for 3 months from Ocbc for existing or fresh fund. Promotion end 10 sept. no wonder RHB 3.78% is fully taken before their target date. Looks like the rate will be going down in Sept.

LOL still better than MBB 3.15 for 12 months

rm8 every yr u need pay

few days ago, i place fd with mbb at 3.55 for 12mths.

which promotion is that?

Oh, RHB's offer has ended looks like hv to go for the OCBC one then

not sure. maybe u can ask mbb. rhb has a promo too 3.88 for 12mth plus 1k deposit to saving acc for 3 months. for ambank u can have 4.1 for 5years.

Step up scheme.

ER - 3.50 only

how come she got extra .05?

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).

all those thing more or less the same la if you calculated correctly....

MBB 3.5 is more better.

CASA is ( bank got its money at lower rate aka bank got easy money )

I still havent try BR 4.01 yet because want wait matured

I am thinking RHB is better because, should there be Overnight Policy Rate changes, the offered rates will be revised for MBB.



This post has been edited by Human Nature: Aug 25 2013, 11:09 PM

Captain, better don't use 32" LED TV as PC monitor, I read from news one month ago about the potential risk to watch LED TV, this article said: LED TV's brightness is too bright that not suitable for human eyes and it may hurt human eyes.

I always zoom the text from FireFox browser on my Samsung 19" LCD monitor.
And I set both brightness and contrast levels to 12 out of 100 on my Samsung LCD monitor so my eyes will not get tired and eyes strain fast.

Gingko capsule may help to your eyes issue, take 1000mg per day after breakfast or lunch, but not at night, otherwise you cannot sleep. Check out Gingko here:
https://www.google.com.my/#fp=230d3e2faad43...q=ginkgo+biloba



Hu.. .. outstanding academic records + huge tuition fees = IVY League University.
It worth the money and effort to send kids to good schools.

I look forward to it...

Do you have confident to place your FD in MBSB now..?
Last time you mentioned you did not feel comfortable with MBSB for somehow..?

I was just too greedy for higher FD rate...

MBSB - no PIDM
80% of fund put in 9 months FD for 4.2%
20% of fund put in 9 months normal saving account for 2.25%, this 20% fund in saving account will "lock" for 9 months
just like 9 months FD.

Effective rate: 3.81% for 9 months tenure

This post has been edited by BoomChaCha: Aug 26 2013, 10:54 PM

What promotion?

I cannot find Save & Win on Bank Rakyat website, except this:
http://www.bankrakyat.com.my/web/guest/simpandanmenang

But that is for students..

RHB is better...in my earlier post, I show the calculation on the effective rate...