Life sure is tough for poor people like me...

However I m very polite during my complains, its not about RM basically, its about challenging people who think you are a fool..
Its one of the ways I passed my time, not looking for fault, but correcting the system that is faulty. Its part of my contribution to society. I m one of the doers, that is I take action without fear.

Thats also why I m into BR, not scared meh....

As our Captain has been mentioned and reminded, you can take the advantage of 5.5% rate for 3 months
FD promo by joining OCBC's new premier account(s).
Each premier account requires a minimum of fresh fund RM 300K to open and maintain.

You can sign-up extra joint name premier accounts if you have some people that you can trust.

But you can use only one person name as primary name to sign-up one premier account
For example:

First Premier Account
Primary name: You
Secondary name: Your wife

Second Premier Account
Primary name: Your wife
Secondary name: You

Third Premier Account
Primary name: Your 1st Junior
Secondary name: You

Fouth Premier Account
Primary name: Your 2nd Junior
Second name: You

So now, each of your four RM 300K FD can generate 5.5% p.a. interest for 3 months.

But if you open the OCBC premier account (5.5% promo will end on next Tuesday) on next Monday, you have to
sign-up at least one Wealth Management Product which I am afraid probably you do not like this clause.

Check out OCBC Premier Bank Deal here:
http://www.ocbc.com.my/personal-banking/Ac...moreinfo_button

The good news is, you can wait until next Wednesday (11 September) for the new premier account promo. Good Luck..

Note: Don't forget to ask for welcome gift(s) before you sign-up. Last time the RM tried to con me the welcome gift.

This post has been edited by BoomChaCha: Sep 8 2013, 01:26 PM

OCBC Premier Banking

1st Account - Primary with PB
1 st Account - Secondary make sure dont apply PB or else cannot open 2nd Account with promo rate...


This post has been edited by magika: Sep 7 2013, 07:05 PM

3.65% is just a board rate for 3 months FD, it is nothing special:
http://www.bankrakyat.com.my/web/guest/ratemubeen

Minimum FD deposit is either RM 500 or RM 5000
http://www.bankrakyat.com.my/web/guest/mubeen

Super Rich Goat

The stretcher is for my opponents only...

Good strategy or not, it is too early to tell..

Can you ask UOB if they pay you last day of FD interest..?

Not really lah.. all small amount of money only..

Can share what philips product did you buy? LED TV..?

Say only ma.. but you never come ...
Yes, will prepare a heavy duty stretcher and high grade oxygen tank as well..

hi can i know
now which bank offer the highest rate for fd?

I had joined OCBC premier. But i dont see i get much benefits from it.

Welcome gift is a travel bag. They dont give free credit card like others.

Why they dont issue Visa i or world mastercard ?

May i know how can i maximize my benefits as premier ?
(The only way i know is drink more instant coffee to gain max benefits)

Please refer to the first page:
https://forum.lowyat.net/topic/2722457

I feel the same way.
I do not see to gain any useful benefits of being a premier customer besides can drink
more instant coffee (like what you said ), read more newspaper, and also enjoy
dedicated service.

Premier customers are targeted as their main customers to buy their investment products.
The premier room is like a sales room, it is designed for RMs to make sales approaches easily to premier customers.

I also want to know how to maximize benefits as premier..?

If no more benefits, then I guess can close the premier account after enjoyed the sign-up FD rate..

Top Cat, I do the same way..

Jz started my fd wif rhb bank at rate of 3% tenure of 2 months..

did u have deposits with rhb before?

3% for 2 mths seems low. 3.1-3.2 might be more like it.

or have rates come down across the board?

For 2 months its only 3% le.. then 3 months i think is 3.05% on third month...first time deposit wif rhb

Yes..mega saver...last day is 10 sept...

No Foreign Currency FD because the RM is weak against Aus$...

RM wont feel anything if you are investment is no good. To them you should read and know the risk....or they may ask you to invest in other product to cover the lost..

eh bankrakyat offers better fd rate? I dont understand about the cooperate and individual rate

How about other currencies, not considering them?

Ok Thanks..

It is Corporate, not cooperate

This post has been edited by BoomChaCha: Sep 9 2013, 01:20 PM

Whats d diffrrence between that and individual?

I guess corporate is for company.

For example, TOTO should put their money in
corporate FD under their company/corporate name before
the winners win the prizes.

Some companies might have extra cash that they think they will
not use the money in near future, so they place under corporate FDs.

Individual is the FD placed under person name based on IC.
Corporate is the FD placed under the company name.

This post has been edited by BoomChaCha: Sep 9 2013, 01:36 PM

Oo..so basically bankrakyat offer highest interest rate lo?

If use board rates, overall yes. BR FD rates are the best.
Except 5 years FD, MBSB is slightly better than BR.

But MBSB 5 years FD rate is straightly not negotiable, regardless of the FD amount.
Meanwhile for BR 5 years FD, the rate is negotiable if the FD amount is big enough.

You have to keep in mind both Bank Rakyat and MBSB have no PIDM protections.

But sometimes, banks with PIDM offer better FD promo rates than Bank Rakyat board rates,
so we have to keep an eye on recent banks' FD promos.
That's what a Musical Chair is all about..

This post has been edited by BoomChaCha: Sep 9 2013, 02:17 PM

Gonna move my 1m 3% RHB FD to BR 12m 4.01% this week! Worth the move!

If you can wait, or your RHB FD maturity date is after this Wednesday, then just wait
until this Wednesday to see what is OCBC new FD promo.

BR's 12 months FD rate is negotiable if the amount is fair enough for BR. So you have to try
to ask for a better rate, otherwise BR will give you 4.01%.

Usually BR will give you gift(s) even if you do not ask for it, but still it is better to ask for it.

This post has been edited by BoomChaCha: Sep 9 2013, 02:47 PM