ok lol

I think this FD promo is targeted on old aged and loyalty customers.
But not for Musical Chair like us..

Recently I put some $$$ into BR’s FD for a tenure of >60 months. Visited a certain branch for 3 days in a row just to nego for an extra 0.20% (on the 3rd day, it was more like a haggle). In the end, it was to no avail. I only managed to get extra 0.10%. Quite disappointed that some BR staffs are not well-informed, hence not familiar with their own product. Even BR’s CS line is hopeless & useless when I needed it.

On a happier note, my maturity date falls on a weekend & BR gives extra profit/interest without me asking for it. Received a few free gifts as well.

Anyway, a big thank you to magika, bbgoat, BoomChaCha & guy3288 who gave feedbacks & shared valuable infos to all my queries in this thread.

u go which bank rakyat branch?

they give u wat freebies?

200k cant even be a premier customer at UOB, unlikely you will get additional rate...but no harm try it and report here ..

With additional 100k you can be a premier customer at Ocbc and get FD at 5% for 3 months..

MNet,

A handkerchief with "bank rakyat" signature on it.

I think you are referring to the Builder Express product which Ocbc is selling..

Yes, your father can deposit the money back to EPF. ..

You better move fast, 60k, interest rate 3.7% is about RM185 per month or RM6 per day...if in EPF,6.3% which is RM 315 per month or RM10 per day..
Another option is place at MBSB which offers 5 years FD, 4.7% rate if not mistaken...MBSB is not PIDM protected....MBSB major shareholder is EPF..

I heard UOB requires a minimum RM 500K to be a premier customer, if I did not hear it wrongly..

The interest rate for 3 months for new OCBC premier customer is 5.5%, but need to buy
an investment product which is a bit hassle..



This post has been edited by BoomChaCha: Jun 7 2013, 11:00 PM

quick one guys, lets say my OCBC SS now have 10k and i wanna place additional 60k (40k for 4.5% FD + 20k for SS) . Now my SS already have 10k, does that mean i can only top up 15k for SS and 45k for my 4.5% FD. meaning total of 25k SS and 45k FD?

I agree with gsc. If I was fylon, I would put the money back to EPF.

But if fylon's father does not like EPF for somehow, then it is no point to ask his father to put FD in MBSB.

Yes, MBSB's 5 year FD is 4.7%, interest will pay every 6 months..

Since last year, UOB has raised their PB customer requirement to RM 500k.

Oh...this happened just last year.

What was the minimum before RM 500K?

I think it was RM300k same as OCBC

I think it was 300k. Then around May/June last year, while talking to their RM she said it was changed to 500k.

Your existing money in SS has nothing to do with the new FD placement.
60k new placement, need 20k in SS, your SS new balance is 30k. One member here said can open more than one SS then you might as well deposit into new SS account.

So we can foresee OCBC will eventually follow UOB's step to increase
premier account minimum deposit requirement to RM 500K very soon.

Also this indicates that our Ringgit value is depreciated.

Actually what are the benefits of being a premier customer?
I do not see the practical advantages of being a premier customer so far.

Higher interest rate, no need to q long long, got coffee unlimited, got chick serve oppps for financial advice or investment advice, anymore?

No, my FD interest rate follows the brochure, nothing special.
Yes, faster counter service to save time.
No, no coffer nor tea, only 310ml mineral water.
Not really, outside counter also can give investment advice.

Which bank bro? Local bank? Btw i am not interested too on priority banking.... Using means the person is loaded so dun wan the trouble......