any good terms with the Mach by hong leong of their 12 months 4% FD..
better rates than most of the bank, soemmore doesnt need to CASA
any advice?

Am Bank eFD offers extra 0.2% p.a. on top of board rate for life:

http://www.ambankgroup.com/en/Promotions/D.../Pages/eFD.aspx

Where did you get 0.05%?

The penang HL staff not even know Mach exist when I asked them

Wow...that's just silly.

Not a surprise because there's no MACH branch in Penang.

Guys, let's say I place a FD for 1 month tenure, starting from 13/05/13 to 13/06/13.

In terms of calculating the interest, do I count it as 30 days or 31 days?

And the interest starts from 13/05/13 or 14/05/13?

What is considered as "exact days"?

If the interest starts from the day I place, then do I get interest on 13/06/13?

So, 13/05/13 to 13/06/13 = 32 days.

Principal x 32 x IR /365, am I correct?

1st page info is last updated on 3/3, kind of outdated.

Anyone knows of UOB, AmBank and HL current 12 month FD rate ? I mean the normal FD rate.

Thanks !

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 ?

AmBank - 3%, 3%, 3.15% and 3.2%. Am50Plus 12 mths 3.25% (Interest paid monthly, FREE PA).

Giro is via IBG, and fees for all banks is now 10cents.
Fyi, giro cut off time now for most banks extended to 12noon/12.30pm work day(depending on bank)
This means if you giro by 12noon, your beneficiary will receive the funds on the same day(different bank, different crediting time)
If compare to Rentas, rentas cutoff time is later and higher fees.

“Initial investigations revealed that the victim had passed the cash money over to the man instead of depositing it over the counter
as usually practised."

Received called from Hong Leong bank saying there is a FD promotion 5.25% per year. The staff wanted to make appointment to explain to me. I asked her is this 5.25% a pure FD and not reuired to buy any structured products or unit trust etc..she said is pure FD. I told her email to me the detail first begore meeting up...no news thereafter...anyone of you aware of this FD promo?

Am Bank offers pair Fd. Customer needs to open one FD for 9 months and another FD for 36 or 48 or 60 months

AmBank –  Deposit with 3.8% p.a (9 months) + 3.75% p.a (36 months) / 3.90% p.a (48 months) / 4.1% p.a (60 months)
(ends 31st July 2013)

Thanks for sharing.
From what I can see is Affin bank offered the best balance. 3.6% for 12 months, PIDM protection and you can put in minimum RM500/cert. Which means if you are free enough you can place a FD for each calendar date.


500 
365 ×
--------------------------
182,500 =

Basically we already have cash to spend on everyday.