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 Fixed Deposit Rates in Malaysia V4, Please read 1st post.

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ronnie
post May 11 2013, 07:16 AM

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QUOTE(1282009 @ May 11 2013, 01:41 AM)
Thanks guys. I found the option in MB2U and I read the info at the site but it does not mention the charges for 3rd party transfer to another bank by using this a/c. Is it same as normal MB2U 3rd party transfer which is RM2 per transaction?

It seems M2U Savers-i is slightly better compared to M2U Savers as there's also interest for balance below RM2k.
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Yes, M2U Savers-i is BETTER than M2U Savers (as balance between RM250 to RM2k gets 0.4% p.a. interest, creditted monthly)
ronnie
post May 16 2013, 11:25 PM

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Kuwait Finance House just opened their latest branch at KL Sentral City Air Terminal. Those around the area can open their 3.88% FD (6-month, 12-month, 24-month)
ronnie
post May 17 2013, 07:36 AM

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QUOTE(danmooncake @ May 17 2013, 01:10 AM)
PIDM guarantee?
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Why is everyone so worried about PIDM ? For me I don't care. If a bank fails in Malaysia, other banks will take it over lah. doh.gif doh.gif
ronnie
post May 17 2013, 07:41 AM

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QUOTE(danmooncake @ May 17 2013, 07:39 AM)
Yes, IF a BANK fails.. surely, other banks may take over BUT.. only if. this is a BANK.

There are some org or financial institution that pretends to be bank and sell investment products that looks like a FD
but isn't.. that is something to be wary.

So, must make sure first.
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Bank Rakyat is not under PIDM, is it a bank ?
MBSB is not under PIDM and it's a not a bank.
ronnie
post May 20 2013, 01:31 PM

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QUOTE(duncan880409 @ May 20 2013, 12:03 PM)
Just called up OCBC customer line, now is just 1/2, no more 2/3 and end of promotion is 30th June
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Invest RM30k in FD
You need additional RM15k in CASA
Total funds required : RM45k

2/3 of RM45k = RM30k
1/3 of RM45k = RM15k
ronnie
post May 29 2013, 01:48 PM

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UOB eAccount (CASA) revising their Interest Rate from 1 June 2013

user posted image

You can temporary place funds while waiting for better promo FD rates.
UOB eAccount offers FREE Interbank Giro (IBG) fees too.

This post has been edited by ronnie: May 29 2013, 01:52 PM
ronnie
post May 30 2013, 09:23 AM

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QUOTE(jasonlim_82 @ May 30 2013, 08:36 AM)
ronnie, where do u get this info? i dun seem to find it on uob website
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Look at the Latest Announcement on the main UOB Website
ronnie
post May 30 2013, 09:43 AM

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QUOTE(wayne84 @ May 30 2013, 09:29 AM)
Hi Ronnie, I only manage to find out e-account rate of 2.68% p.a..
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Aren't I talking about UOB e-Account ???
ronnie
post May 30 2013, 03:23 PM

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QUOTE(BoomChaCha @ May 30 2013, 03:20 PM)
Kuwait Finance House
3.88% for 6 months, 1 years, or 2 years
Will pay advance interest
Promo ends 30 June 2013
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I thought the KFH is no longer Interest in Advance ? That's what I've been told by the branch in KL Sentral
ronnie
post May 30 2013, 09:58 PM

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QUOTE(bengang13 @ May 30 2013, 09:29 PM)
Are there any FD that offer higher return if i commit for say 5 years or more? This is mainly from the money accumulated for my son. so i won;t be needing it for some time. thanks in advance
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Try the HLB Junior FD account....
ronnie
post Jun 3 2013, 11:57 AM

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QUOTE(ay@m @ Jun 3 2013, 10:25 AM)
http://www.pbebank.com/en/en_content/perso...ions/super.html
is this promotion from Public Bank the same as the one from MBSB?
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Public Bank is honest to tell you the Effective 12-month FD Rate for this is 4.16%
Looks OK lah.... not too bad with PIDM guarantee.

You get monthly FD interest creditted into the PLUS Savings Account.
ronnie
post Jun 5 2013, 12:14 PM

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QUOTE(wayne84 @ Jun 5 2013, 09:34 AM)
If I dun have any saving account / current account in OCBC..and I want to transfer 50k to ocbc for FD..what is d best method? IGB got limit per day?
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IBG is limited to RM10k per day.... Best option: Bank draft/Cashier's Order (Cost: RM2.15 to RM5.15) from the bank you have your funds in.
ronnie
post Jun 5 2013, 02:37 PM

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QUOTE(BoomChaCha @ Jun 5 2013, 01:51 PM)
Dato, maybe this is good for JustOne account users, but it requires minimum RM 1500 deposit each month for 5 months wor..  sweat.gif
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SCB JustOne RM1500 rule : you can deposit and take out the next day to be entitled
ronnie
post Jun 5 2013, 05:45 PM

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QUOTE(gsc @ Jun 5 2013, 04:52 PM)
IBG max limit s RM500k per day...not RM10k per day..
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RM500k is for over the counter IBG limit ?
ronnie
post Jun 7 2013, 11:10 AM

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I calculated Public Bank's Super FD based on amount RM30k
- RM24k in FD
- RM6k in Savings
- Total Interest received: RM997.81

Actual Effective Interest Rate: 3.326% p.a. mad.gif vmad.gif
ronnie
post Jun 12 2013, 02:47 PM

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QUOTE(infested_ysy @ Jun 12 2013, 01:40 PM)
I'm new to this fixed deposit account business thing, but I have RM10k lying around in my maybank account doing nothing at the moment.

http://www.maybank2u.com.my/mbb_info/m2u/p...al/ACC-Accounts

^ I plan to open a fixed deposit account online with them (seems pretty easy, just click a few times and I'll get a FD account), but I don't quite understand how the profit rate is given out?

For example, it says here 1 - month tenure gives 3.00% p.a profit.

So they'll hold up my RM10k for a month, then give me the 3% interest a year later?
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Interest = Capital x 3% / 365 x 30 days
ronnie
post Jun 14 2013, 04:25 PM

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This 47 year old. teacher must be friends with Rosmah to have RM19 million in FD. Give so much money to 25-year-old boy, the teacher must be lonely.
ronnie
post Jun 20 2013, 10:47 AM

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QUOTE(myasiahobby @ Jun 20 2013, 10:33 AM)
in fd when they mention "fresh fund required" mean new fund?
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Fresh Fund = Cash or Cheque from other banks

ronnie
post Jun 20 2013, 04:13 PM

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QUOTE(bbgoat @ Jun 20 2013, 03:44 PM)
Also have Sukuk fund available soon. Anyone know normally how long does it take for the fund to be back to our saving account (from the bank that we buy it from) ? The date is June 20th or 21st, right ?
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We should expect the funds either 21/22 June... Latest should be 30 June 2013 + final interest smile.gif

This post has been edited by ronnie: Jun 20 2013, 04:14 PM
ronnie
post Jun 20 2013, 10:37 PM

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QUOTE(Azrage @ Jun 20 2013, 04:22 PM)
What is sukuk? Bond? rclxub.gif
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Sukuk 1Malaysia 2010 started May 2010 to June 2013 .... you are 3 years late


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