It can be automated by using own account transfer standing instruction. The service is free but make sure don't transfer from SS account.
Anyway starting from today, the cost of IBG GIRO transfer reduced to 10sen per transaction, thus you can register the standing instruction from any banks without paying the 50sen to RM2 GIRO fee liao.

You will get about Rm600 to Rm650 for 3 months FD. To learn how to calculate the FD interest, just read through few pages backward and you can easily find repeated questions and answers you are asking for.

The FD/SDBox promo is for premier customers only.

This SDB promo offers you a 4% p.a. FD of 3 months. Maximum placement is RM20K nia. Only in Puchong branch.
The SDB security is pretty save and sound. The new branch is a stand alone building all by itself, strong room at upper floor, dedicated lift, dedicated guard outside strong room (forgot to ask if the dedicated guard jaga 24/7 or not.)
No worry about wall-boring thief.

I guess you heard it wrongly.
The amount deposited into the CASA, which is EQUIVALENT to 1/2 of the FD amount, will be earmarked for 3 months.
So if you place RM20K in FD, you must also place RM10k in CASA. It is still 2/3 as usual.

OCBC Promo

How much profit you made from this raise ?

But over the past 55 year, RM vs SGD, gsc law doesn't apply.

End November 2008 dropped to .62

In this Ad, I would say PBB intentionally published the effective rate 4.15% of FD only in an attempt to camouflage the 80:20 FD:SA placement ratio which in turn will bring down the overall effective rate to 3.2x% p.a.

You can't IBG without recipient's account. The best method for you is to write a chq if you have a chq book or issue a banker's chq.

Well, to the contrary, I would love to see my RM if I''m free. I would ask her what's new ? any new promo ? any kantao ? Sometimes I do get latest promo from her which is not available in this thread.
Anyway, 8 out of 10 times she is always busy with other PB customers.

Your 5k in OCBC's savings account can earn 2.5% or 2.9% interest. You calculate again and see which one better.

It will not combine if you reply a single quote one at a time. You need to tap/click on the quote buttons of all posts you intended to reply then click/tap the "more options" button.

I would prefer to read all quotes in one post rather than several posts. More orderly and neat. Replying quotes in several individual posts will stretch out this thread and it will cause "new to thread" readers longer time to look for essential information.

Sometimes uncombined post is inevitable due to timing but i hope all regulars here try your best to combine quotes using the above method.

Apparently, when a "simple fd" which requires meet up to explain, chances are the so called simple fd comes with string attachment.


To the contrary, I find MACH 4% 12 mth FD is the best in its category because it pays monthly interest automatically to my SA. With monthly compaunding interest, the effective rate is higher than 4%

This post has been edited by aeiou228: Jun 15 2013, 09:29 AM

Ah...!! You probably missed out our discussions about MACH FD in the earlier pages where fund in the MACH SA can be GIRO out to any bank account at the cost of 10sen per transaction up to the limit of rm10k per day.
From now on, you don't have to 'spend' your money in order to 'cash out' fund from 'debit card'.
By the way, HLB actually don't credit the FD interest into your debit card, instead, they credit the interest to your MACH SA in which a debit card linked to this SA was issued to you.

The max monthly interest you can earn from MACH FD 4% promo is approx Rm833.33 due to the max deposit cap of rm250k. So if you wish to maximize the compounding interest, rm833 is sufficient enough to make a FD placement.

You win, merchant win and HLB also win.

The only downside I see is the fund withdrawal options are pretty limited ie you either make lump sum withdrawal or once a month partial withdrawal.
And not as liquid as FD as it may take days to receive the money.

1.5+3.68=5.18%p.a. ? Highly unlikely.

You look at the 10m category at 3.30 and it is crystal clear that it is not possible to add to 3.68 already.

Exactly.