Use Excel spreadsheet to count and you get the number of days.

As i mentioned in another post:
"I mean no frills FD i.e. plain FD."

It is what I mean by normal. I think we all know what the normal rates are, right ??

I am waiting for people who can help me on:
Anyone knows of UOB, AmBank and HL current 12 month FD rate ?

This post has been edited by bbgoat: May 13 2013, 02:20 PM

u place FD online at AmOnline, get 0.05% above board rate. that's all I know

HLB...I never bothered

This post has been edited by Pink Spider: May 13 2013, 02:28 PM

It depends on banks.

For UOB, you do not get interest on the last day of the FD.
For OCBC, you will get interest on the last day of the FD.

If you do not withdraw your FD (let's say 3 months promotion rate) after it is matured, bank will give
you FD normal board rate after 3 months period.



This post has been edited by BoomChaCha: May 14 2013, 11:29 AM

UOB's 12 month FD rate is currently at 3.68%. You can find this using the quick search since it was only recently discussed.

I normally call up the hotline to ask for the latest promo since their websites are always not updated/lack of info. You may find your answers faster through calls if no one here replies you.

Got it! 31 days...thanks


Aren't you a staunch BR FD supporter? (BR yea, not PR )

Why wanna go to other banks? Have insider news from BR ka? lai lai, kongsi, kongsi...wa cia lu jit poi ko pee


Thanks for sharing. Any lead about BR's FD? Do I get the interest on the last day?

Hi, gsc. Savemoney.my did a calculation on this and apparently the effective rate 3.097% p.a. only. It's much lower than what you have there. Not sure which one is correct, but it's surely not a fancy offer at all.

sorry, I do not understand this question.


I think so.., but I am not sure

You just answered BTW, tidur la

I calculate based on the info. given on that day, may be there is other info. not display. 3.097% is low, almost same or worst than normal rate.....if that low what is the promotion ?

yr calc 3.475% p.a. for 8 mths is correct.

his mistake is probably using all 3.10%, rounding gave 3.097, i think.

cimb never gave very good rates but not too low either. 1 mth rolling can get 3.20% p.a.

This post has been edited by AVFAN: May 14 2013, 01:12 PM

OCBC NEW SAVING PROMOTION TILL END OF JUNE

4.5 % FOR 3 MONTH FD

MINUMUM FD PLACEMENT = 5000
MAXIMUM FD PLACEMENT = 2X of ur CASA account balance.
*FRESH FUND ONLY

Yeah, that's what I thought too. I went back to check and yes, you're right with 3.47%. They got the 3.09% is based on another scenario: http://savemoney.my/cimb-step-up-fd-promot...31st-july-2013/ (more detailed, so not gonna post here, lol)

Straight FD ?

This is OCBC's usual promo that's being offered earlier this year. Tied to CASA. I thought you have some with them

He didnt mention tied to CASA. It only said max. FD is 2x CASA amount balance....fresh fund refer to FD?

If fresh fund required for CASA then this is nothing new

--------------------------/-------------



OCBC NEW SAVING PROMOTION TILL END OF JUNE

4.5 % FOR 3 MONTH FD

MINUMUM FD PLACEMENT = 5000
MAXIMUM FD PLACEMENT = 2X of ur CASA account balance.
*FRESH FUND ONLY

I think you are talking about Bonus Savers Deal (4.5% for 3 months, 1/3 of fund needs to park in CASA) which started since early April.

It is impossible to have a quick increase of FD rate from 3.55% to 4.5%

Furthermore, OCBC updates their FD promo based on quarterly.
The next OCBC FD promo will start from early July until to the end of September.



This post has been edited by BoomChaCha: May 14 2013, 11:57 PM

I'm pretty sure meant the same promo cuz that also ends in June. And cannot be they give us so high for just a straight FD, lol... I just tried to call the helpline to confirm for us but turns out they're not 24-hour available, only until 10pm

Anyway, here's one that's related to OCBC FD rate too, but it's for high flyers:

Be entitled for 5.5% p.a. for 3 months when you successfully apply for an OCBC Premier Banking membership and you hold or purchase 3 Wealth Management products.

The worst part is one of the Wealth Management products must be something like a Uni Trust.



This post has been edited by BoomChaCha: May 15 2013, 12:37 AM

Unit trust may (depended on what types) have a service charge of 5%.