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 Fixed Deposit Rates in Malaysia V4, Please read 1st post.

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wil-i-am
post Aug 24 2013, 10:53 AM

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Can anyone enlighten how MBSB 4.20% FD work?
wil-i-am
post Aug 28 2013, 11:17 AM

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Received mail from Affin yesterday
1-3 mths 3.68%
4-6 mths 3.78%
7-9 mths 3.88%
subject to 20% in CASA

Any comments?
wil-i-am
post Aug 28 2013, 01:21 PM

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QUOTE(gsc @ Aug 28 2013, 01:09 PM)
Without CASA effective 3.78% for 9 months.

CASA for how long? What is the rate of Casa? If earmark for 9 month with near zero interest rate in Casa, roughly effective rate is only 3%
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Didn't mention
I suppose same duration with tenure of FD
M not sure whether dis CASA rate still applicable:
1,000 1.45%
5,000 1.90%
10,000 1.90%
50,000 2.80%
100,000 2.85%
500,000 3.10%
1,000,000 3.38%


wil-i-am
post Aug 28 2013, 02:26 PM

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QUOTE(gsc @ Aug 28 2013, 02:17 PM)
If same duration then can forget about this bank promotion...

For simplicity, 8k FD and 2k CASA ( correct ratio should be 1.2k in CASA)
You basically get 3.78% on 8k and 1.45% for 2k..
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Besides Affin, could u recommend which Bank offers high FD rate?
wil-i-am
post Aug 28 2013, 11:34 PM

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QUOTE(gsc @ Aug 28 2013, 11:31 PM)
Please refer to first page...PIDM or non-PIDM, 12 months or 3 months...all have different rates..
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Could u furnish the website link?

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