Hi All,

Just went to Bank Rakyat again today.

I may have misunderstood previous postings regarding the additional interest gotten on top of 4.01% but today I was told the following much to my disappointment:

1. the referral commission of 0.1% interest is given to the saving's account of the referer ONLY for the first fixed deposit account opened by the referee.

2. If you open FD accounts in 2 different branches, the rate will always follow the home branch no matter how much total you have put (I find this very ridiculous! I was able to get 4.06% thru a different teller previously but all of a sudden, this teller told me of this condition)

Can any BR supporters verify this?

Anyhow, like pinksapphire said, bank rakyat is a bargaining bank.
Was unlucky that the teller I got said there was such a condition.

On the bright side, Damansara Uptown branch gave a Parker pen while Section 14 branch gave pedicure/manicure set.

Tenure is 12 months & amount is not below RM50k.

For my case just few weeks ago, it was the next day. Perhaps they changed policy.

Was trying to revive discussion on BR since it got the highest interest rate but somehow just didn't catch on till now..

I was trying to clarify the same thing earlier too, apparently, it is not giving the introducer higher rate but
the introducer gets 0.1% interest on the introducee's first FD deposit.


I think the best is if you can locate back the same teller who served you & try to always deal with the same teller as it is easier to get things done once they recognise you. Somehow alot of such decision lies on the branch itself so i don't think it will be easy to ask over the phone.


By the way, I too want to know what is the criteria or deposit range to get invited for BR's events

I wonder if they take into account the total amount placed in all branches.

Not just CIMB, Affin bank increased to RM 5 too, i got a shock when I found out but no choice had to do it.

Unfortunately, there is no such option for now.