The 4% is not a standalone 4%, but a CASA (Just One) linked.
One needs to open/have Just One, and fulfill the month deposit requirement into the account.
Also only a single FD can be placed per eligible customer

But it is only for new premier customer.
Non-premier customer (if not upgrade to premier customer) and existing premier customer do not get those rate. (if not mistaken)

Even there may be new promotion, I do not think there will way a lot of difference.

OPR is not expecting to rise further from 3% for near term, so it is unlikely bank come out with better rate, a slight difference 0.1% may be but won't be too much.

If Gov did not say guarantee, then it is not guaranteed.

Gov agency or gov linked company or gov initiated company, all are incorporated under company law, aka with limited liabilities.
If there is no law or whatever measure saying deposit in the bank or company is guaranteed then it is not guaranteed.

Although in the past, gov did bail out or backed company or banks, we still cannot say it is guaranteed.

The financial crisis has showed, gov can let bank fail as well.
Gov itself can fall into trouble whereby no spare capacity to bail out banks as well.

Yes, it is unlikely non-PIDM gov initiated banks to fall under, but if there is no law or measure said it is guaranteed, then we cannot say gov got guaranteed.

This post has been edited by cherroy: May 3 2013, 03:00 PM

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

The lowest was 0.60 at one time, I can remember clearly.

AUD should be in bearish trend for near future, as many expect RBA to cut rate, and with commodities price is not flying as well as expect China to slowdown a bit which could dampen the demand of resources from Australia.

AUD interest already lower than RM, so RM is more attractive than AUD for time being.

Actually do not follow blindly what banker said.
Also if one want to put in AUD FD, means one is looking for long term, near term movement is not that important.

Generally, I do not advise people to put foreign FD for
1. Discrepancy of exchange, aka try to buy low, sell high as exchange rate spread can "eat" most of the profit can be made, unless through DCI, which is another front/different story.
2. Chase after yield discrepancy, as exchange rate spread can be more costly than the yield difference.

The primary objective of putting foreign FD is to diversify, to hedge against RM depreciation. (yes, you can 'lose" if RM appreciate, this is the price to pay).

We do not know when the trend reserve, normally whenever bulk of bankers told it is bearish or bullish time, normally it is "too late".
Just like very few people/banker made a call when AUD was 0.60 (vs USD time), as well as make big buy call when DJ was 7000 time. But we see lot of buy call or bullish view currently with DJ is 15k...
Same with gold, little made sell call when gold hit USD1900 time.

No offence to any bankers, to be fair, there are some good bankers, and some good call made by bankers as well.
Not every banker is the same.

I do not think any FD can offer so high a pure 5.25% FD for full p.a. without any bundled, or not a step up one.

The most 1 year FD which many can get is around 4% only, (be it step up or bundled package CASA or new customer promotion)

5.25% is 225 basic points above OPR rate (3%), it is almost impossible for bank to give such offer without any clause or package.

Bank lend out at BLR and some home loan is offering at BLR - 1~2%.
At 5.25%, bank can make a loss already.

If there is, you may see huge queue for it.
Please share it if there is (pure FD), many will rush for it on Monday morning.

This post has been edited by cherroy: Jun 15 2013, 10:17 AM

PIDM means deposit is guaranteed up to 250k.

Non-PIDM means deposit is not guaranteed by PIDM.

Nothing to do with interest issue.

Those are high yield account interest only aka more like current acocunt that got 1.5%.

There is no such thing of 3.68% + 1.5%.

This post has been edited by cherroy: Jun 21 2013, 10:19 PM

High yield account interest will be based on your balance in the current account.

Just the interest of the account is based on how much one AUM (total deposit/investment) with them.

So nothing to do with FD at all.

HYA account is an current account, nothing to do with FD.

Your FD if it is 3.68%, then it is 3.68.

While if your HYA (current account) has RM10k, then the 10K will be get the interest of the HYA.

Nothing to do with FD.
Just FD will count towards the AUM that can affect how much the interest of HYA.

FD is included in counting AUM that determined the interest of HYA one can enjoy, nothing do with extra interest that FD can get.

For eg.
if one deposit 500k in 3.68% , then the 500k get 3.68%.

While if one has RM10k in HYA, then the 10K get 1.5%, (because AUM is 500K based on the table of the HYA)

I can assure you it is not 3.68% + 1.5%.

Don't need to wait.

Better understand by one own through reading the T&C.
Published T&C never lie.

The scanned picture clearly stated AUM.

HYA just an ordinary current account, just come with interest.
The balance in HYA will enjoy the interest that is based on the AUM one with the bank.

Since when FD amount got pop up in the current account balance statement? be it which bank.

3.3 + 3.68 = 6.98%, higher than BLR,

Bank can close shop already if give this interest.

There is no uptrend on FD rates at the moment.
As we see 1 year FD rate is just slight above short term rate, suggested bank do not see rate to move up in near term.

As little expect BNM to raise interest rate in the near future, due to weak external economy, as well as slower GDP number recently.

KLIBOR is Kuala Lumpur interbank offer rate, which means interest rate paid by banks for inter-bank borrowing between them.

Normally won't differ too much from OPR (FD rate) in normal situation.

If the money is from same bank (even from different account), mostly do not treat it as "fresh fund".

IBG, yes, mostly treat it as "fresh fund".

3% term loan can be turn out to be 6-7% EIR, depended on the tenure.