last night was last day =/ i hope they extend..

don put the fd in BR lo. No PIDM. only protected by government. if after general election, the government changes, will your money in the bank be guranteed? better put at other bank first and see the siuation after GE.
many ppl say that don worry la. i put at bank rakyat more than ten years oso no issue. however, BN oso win GE for more than 50 years. don know what will happen if BN lost in GE.

IT IS MY OWN OPINION ONLY. if not correct, pls give comment. thanks.

Do some thinking before writing. Whichever government is in power is also called Kerajaan Malaysia. BR is not a Barisan Nasional owned bank. What next, KWSP ?


This post has been edited by magika: May 2 2013, 08:37 AM

i hope so. thanks.

because the BR give the highest FD without any reason and we never face this GE which may change government, that why i say so.

BR should give a reason for higher than normal FD rates ?
PIDM insured deposit came with a baggage , which is insurance premium that is paid by us depositors indirectly. Their operational cost is quite low comparitively to comercial banks.
If you look at their yearly declared P&L, for a number of years they are making record profits.
If you are worried about change of goverment, then should look at investing in physical gold.

This post has been edited by magika: May 2 2013, 09:11 AM

Ocbc combo must remember to top up RM1000 every month in SS. I have forgotten to top up last month

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.

I used to use future transfer from Maybank, cost RM2 per transaction.

RM0.10 now

Thanks for you advice. Previously I used to continue with the combo as I have FD due very month, thus no need to put in RM1000. But after reading the forum input I realized that the SS portion is getting the most 2.9% if I continued loading into the Combo. RM also did not remind me, she used to remind me, her service in general is no good now. Sometimes sms also no reply.

earlier ruling does not need fresh fund for SS, the money in SS can be re-invested but Ocbc has changed the ruling.

How long does it take to transfer money from 1 bank to another bank (say CIMB to Maybank)?

Ocbc to citi bank through IBG, morning transfer same day money in

IBG maximum is 10k only?
how to transfer more?

Just called UOB for their latest FD rates...now it's only 3.45% and 3.68% for both 3 months and 1 year respectively, which are lower than the earlier promo

tq for info.

not too bad... it was 3.7% for 12 mths and b4 that, 3.65% for 9mths.

pidm qualified, looks like hlb's 3.85/3.95% 24 mths is the highest available at this time.

thanks for sharing. 0.02% lower for 12 months compared to previous promo..okla..just nice for my 12 months @ 3.60 which is maturing soon

KFH 3.88% Until 30th June




Just transfered advance interest via IBG (RM0.10)

This post has been edited by spikeman: May 2 2013, 09:43 PM

Thanks for the info. 3.88%...what's the catch, lol...

Do you know if it's a straightforward deal or do we need to split up into CASA? =/

CASA require

CASA is only for creditting of Interest only, right ? No % need to be in CASA ?