I just found out about this FD promo from HSBC.

Promotion Period: 1st April – 30th April 2013.
Minimum Deposit: RM100,000.00
Maximum Deposit: RM250,000.00
Rates offered:
1. First and Second Month: Prevailing Board Rate (refers to the board rate at time of placement)
2. Third Month: 7.88% p.a.
Effective Rate: 4.43% p.a.

Highlighted Terms and Conditions:
1. This promotion is for new HSBC Premier Customers and for Upgrade to HSBC Premier Customers who place or top up their existing Total Relationship Balance with / to a minimum amount of RM200,000.00 in deposits and/or investments at the point of the HSBC Premier Account opening and open an HSBC 3-month Time Deposit account with fresh funds on the same day. New HSBC Premier Customers are required to sign up for an HSBC Premier World MasterCard Credit Card.
2. The Eligible Customer must hold his / her HSBC Time Deposit placed within the Promotion Period until maturity to enjoy the Special HSBC Time Deposit interest rate. The eligible customer who uplifts the HSBC Time Deposit prematurely will not be entitled to enjoy the special HSBC Time Deposit interest rate and any interest previously paid under this promotion shall be deducted from the placement amount.

How to be an eligible HSBC Premier Customer:
1. Deposit and/or invest in Premier Savings, FlexiTime Deposits, Unit Trusts, Structured Investments, Dual Currency Investments, and Direct Retail Bonds with a Total Relationship Balance of RM200,000.00 or more.
2. An account fee of RM150 will be applied for the month should your average Total Relationship Balance drop below RM200,000.00. There won’t be any charges for an average Total Relationship Balance of RM200,000.00 and above.

What do you think of this? Appreciate any thoughts

Your post caught my attention. Please share more information how you land yourself the sweet deal.

Yes, this is a record as so far the best we got for 12 months in BR is 4.2%. So please share!

interested too... please share which bank and what is fd amount??

Wow, 50k and can get 4.25% for 12 months! Kedah branch needs more cash???

For 50k, we were told can get from 4.01 to 4.06% only in Penang.

You can get 4.25% rate by using 50K capital?

Out of curiosity, do you have any other account or business venture with BR, before the placement of your 4.25% rate FD?

Good question. He must have some "secret recipe" if not Kedah branch is in need of cash to lend out (just joking).

Did you get it straight away, I mean immediately within a minute of negotiation ?