BR pays out the interest monthly to the savings account and from there you can withdraw as required, betul? Meaning, it can perhaps serve as spare cash, hmm...
Anyone has tried the branch(es) in Penang and has any good advice?

Well, G have to but at the expense of Rakyat for their mismanagement of the country's finance. Good excuse to introduce Goods and Services Tax (GST).
Ringgit is now 3 years low against the greenback and you had made a wise decision to diversify into foreign currency FD earlier.
Government bond yields is at its high since mid 2011 and I don't see a point to lock-in current FD rate for longer tenure.

No wonder EPF throwing Malaysia's REITs like no body business weeks before prior to the Fitch announcement. (haha just guessing)

I would like to know which bank will compound your interest.  

Within the FD tenure....

RU sure u know what UR posting ?

Is Hong Leong Flexi FD still available? I cannot find this promo on their website.

Hong Leong Bank is having a 3.3% for 3 months FD promo, but need to put additional 5% fund into CASA:
http://www.hlb.com.my/promo/pfs/dep_33FD/index.jsp?s=promo
I am not familiar with BSN's FD procedures, I cannot tell if this is a good deal or not.
But for me, I am not interested.

I hope you do not mind I am straight forward.
If you put RM 10k in either 3.5% or 3.8%, it does not made the profit rate in significant difference.
The difference is only RM 30 for a year in between 3.5% and 3.8%.

I suggest you to place your FD for 1 month or 3 months first, this website will give you some ideas:
http://savemoney.my/best-fd-rates-in-malay...1-for-one-year/

Just starts slowly, you will be okay.. 

I'm thinking to start with short period tenure too, since this is the first time i get to it.
From the website, I　dont really understand their calculation, 12mth-3.75% but why 6mth-1.858% ?
and what is the difference btw effective IR and IR ?
Tot every bank is the same, never been to negotiate with them yet. 

What's the rate for this promo?

Any HOT HOT promotion...

BR 4.01% 12-month is offered all this while right?
I mean it isnt campaign / promotion right?

Also, What is the MBB merdeka 3+3 IR?

bro, if u got time, go read some of the threads in the prop section.

there seems to be supermen these days, i m not sure.

and pls dun say 3k a month as that may be seen as insulting as some claim 5k starting is common, 8k after 3 years, 15k at 30 is the norm.

i felt out of place, so i came here...

Skim simpanan pendidikan national. For children account.
You better read up the withdrawal terms and conditions, very rigid.

Thanks for the great info. All the long I thought SSPN is goving peanut. A very good option considering now can deduct up to RM6k.....for those paying tax bracket the return is much much better than the interest rate..

A question on tax, as of 30 April, SSPN balance 6k and reported 6k in tax filing. Can we withdraw on 2 May and then next year deposit again 6k on 29 April before tax filing? Any stipulated period that SSPN amount has to be kept? Of course getting 4.25% is a good rate if a person decided not to withdraw it...

Thanks for the info.
Why do you have only RM20 in there, lol...

Same like other members here, I'm also surprised they give out good % and it's tax relief somemore. But withdrawal seems to be a big problem.
Assuming if we keep RM6k (since it's the max tax relief as well), we get not only 4.25%, but also gained from the relief...so, it's higher overall. May be worth it if someone would be nice enough to brief us on the actual withdrawal process

4.25%??? May I know when was your interest credited?
I have just started SSPN last year, and if I worked out the interest backward it is only 2.91%p.a! Which was posted on 1Jan2013.
I have deposited twice last year, so I worked out the interest based on daily balance.
Maybe you have more balance at the beginning of the year and not RM20 for the entire year to get you 86sen interest.

Oh, btw, you can also check the acct online via eSSPN, very convenient. I have just checked, there was no interest credited after 1Jan2013.
I opened SSPN acct mainly for tax relief reason and serve as a saving for my kids, not hoping for any high interest rate.
But if 2.91% also not bad lah. 

Time to pump in the account again for this year (before the end of the year).
It is quite convenient as I can transfer in the money via m2u. No need to go to branch. 
But to open acct must go to branch lah.

the most you can withdraw from sspn every year is 10% so even if you are thinking to to debit n credit every alternate year to get the tax relief...it wont work. Worse is.....u have to go to a certain branch and etc etc to do it...not as easy as depositing into it.

I just won CIMB - Fortune 10 Contest. What to do now? I never even bother to read what it was also actually.

Edit: Read the T&C. Nothing for me to do. It was for June IAB..

Received a courier service today. inside it is a letter sent from Std Chartered Bank. It seems that SC not even trust or bother to use Post Office service?

Inside the letter it is an offer from SC on their 12 month Step Up FD. SC is trying to get 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%. SC unlike Public Bank, is professional by telling the customer what is the effective rate in the letter...

Most likely will switch RHB 12 month 3.78%...