Hai...juz plaining to open a FD...but im total newbie on tat...didnt know wat mean those 3.0% 3,6,12month means...bla bla bla...is those 3.0% is mean per month and will grow up every 3months means?apologize abt my unprofessional...thx anybody could giv me some idea...thx

Lol...quite complicated eh ...haha...if example put in FD rm10k for 6month...the rate given is 3.10% so after 6month i would earn how much?sorry asking such stupid question lol...juz wanna make it easy..hehehe

Are you talking about Ambank FD promo which will end this month?

http://www.ambankgroup.com/en/Promotions/D...ePromotion.aspx

Thx for all opinion lo...

FD rate is abt the same across all banks .. if looking for more return .. might have to try other investment .. Stock ..Amanah Saham .. etc etc

Really useless promo. I don't think you can even cover the spread

50k Bank Rakyat

guys according to this website
http://www.imoney.my/fixed-deposit/bank-ra...posit-account-i

BR FD is not protected by PIDM?

Simplest way is using e fixed deposit. maybank and cimb got. not sure about other banks.
Only around 3% tho for a short 1 month period.

Looks like the most trending 3 months or 13months FD (PIDM protected) goes to OCBC, (UOB if good relationship with R.M.).

whereas (non PIDM protected) Bank Rakyat and MASB 's fortune are the highest available FD on the shelf.

this may have been repeated here, i just read the first 10 pages and the last 10 pages..

went to ocbc to try out the FD promo.. came back disappointed.. sharing my lessons learnt..

1. we cant transfer $$ from an existing account to the FD or CASA.. its in the TnC, i missed it, the banker missed it... got to know the very last minute... so now i have to spend RM2 x 2 to bank into another bank and back to ocbc..
2. SS interest are based on the total deposits of the month only and not the total amount in the account. I guess you guys should know about this also.

need some help on calculating here.. say total i have 17k to play with, and
- I have 10k to put into FD.. i get 4.5 per annum.. which gives me about 37.5 per month x 3 = 112.5.
- I put in the balance 5k in SS(no interest?-its still a deposit right) so i assume 2.9% pa which gives me about 12.08 interest for that month..
- I put 1k each for the balance 2 month in SS at 2.9% which gives me 9.66 for 2 months.. total from SS for 3months = 12.08+9.66=21.74
so total 17k for three months i get 112.5+21.74=134.24 ~ 536.96 p/a which gives me 3.15% ..

for those who got lost, im sorry.. those who can see this.. is this right ?... haha..

ya.. someone PM me already and help me out.. thanks gsc.. i was making the calculation too complicated..    it was 5k for 1st month 1k for 2nd month 1k for 3rd month.. i shud have just added total 7k x 2.9% = rm203 / 12 months x 3 months = rm50.75.. with the FD returns rm112.50 = rm163.25 for rm17k ~ 3.84%...

settle dy.. thanks again..

try Affin Bank....SA...have OMG contest...10k above int rate 1.9%...50k above int rate 2.8%!

check out affin bank website..

SA = Saving Account...not FD..where ur money stuck there..

i want that Mini Cooper S..

The maybank premier mudharabah account-i

Can any kind soul here scrutiny the TnC and confirm the effective rate?
Pls take note, incremental average daily balance policy is involved.

no Pidm, not scared money goes down the drain ? 

Seems like lately there's a number of savings account that provides nearly 3% interest.
FD last time also not that much higher.

Just off-topic a bit. Anyone considering to go for this? Suitable for those with spare cash, can put into this to get decent % with chances of winning RM500, lol.
But the conditions seems complicated.