Original FD Rate Thread
Fixed Deposit Rates in Malaysia V2 Thread
Fixed Deposit Rates in Malaysia V3 Thread
Fixed Deposit Rates in Malaysia V4 Thread

WEBSITE FOR FD RATES & LATEST PROMO
http://generationsxyz.blogspot.com/p/fixed-deposit.html
credit to Gen-X

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.
We are not liable to any misinformation which might cause any financial or opportunity loss (which include FD rates & any others information)


Members Recruitment for FD Group Deposit Campaign
- Please refer / PM to BoomChaCha if Interested

Objective: To consolidate all members' funds to bargain for a better FD rate with the bank
Minimum FD deposit: RM 50K per member
Target total FD amount: 2.5 million or more
FD Tenure: Tentatively 1 year
Recruitment Deadline: 31 May 2014
No Obligation: Members can retreat anytime before we negotiate to the bank
Prohibition: Members who registered after March 2014 are not allowed to join this campaign

Disclaimer: No guarantee will success in this group FD plan

Plan (BoomChaCha brain storm only)
(1) Consolidate at least RM 1 million fund from all participating members.

(2) Appoint representative to negotiate with the bank.

(3) As suggested by Warrior HJebat, after bank says OK, then representative generates and PM confidential code (for bank to recognize members' identities purpose) to each participating member so that members can place their FDs at special rate by submitting the code to the bank. Each member will get one unique code only.

(4) Members can place FDs in their local bank branches.

Any suggestions are very welcome..Thank You.




others country Interest Rate
Singapore at 0.05%, if deposit for 1 year can get around 0.25%.
China almost at par with Malaysia.
Thailand. 2.5%.
UK 0.5%.
ECB 0.25%

Guide to Fixed Deposits as well as list down the top ones in the market.

http://savemoney.my/fixed-deposit-rates-comparison-tool/

http://savemoney.my/best-fd-rates-in-malay...1-for-one-year/


CASA stands for Current Account / Savings Account



Over The Counter FD Rates - Credit to cybpsych

Bank	1 mth	3 mths	6 mths	12 mths	Others	Notes
Affin	3.05%	3.10%	3.25%	3.60%
Alliance	3.00%	3.00%	3.10%	3.20%	FD Gold 3.30%	Interest paid monthly
AmBank	2.95%	3.00%	3.10%	3.15%	Am50Plus 3.25%	Interest paid monthly, FREE PA
Citibank	2.80%	2.90%	2.90%	3.05%
CIMB	3.00%	3.05%	3.10%	3.15%
Hong Leong	2.90%	2.95%	2.95%	3.10%
HSBC	2.75%	3.00%	3.00%	3.15%
Maybank	3.00%	3.05%	3.10%	3.15%
OCBC	2.75%	2.85%	2.90%	3.05%
RHB	3.00%	3.05%	3.10%	3.20%		Revised down Jan 2012
Public	3.00%	3.05%	3.10%	3.20%	PB Golden 50 Plus 3.25%
Standard Chartered	2.90%	2.95%	2.95%	3.10%		Revised down Jan & May 2012
UOB	2.90%	2.95%	2.95%	3.10%		Revised down on 15 Dec 2011

[/quote]



Alliance Bank Straight Forward Fixed Deposit Promo 3.45% 6 Months. No CASA condition. Ends 31 March 2014.
Alliance Bank has extended their FD Promo until end of March. So, maybe you may want to consider signing up with Alliance Bank and get their Debit Card were you can earn up to 2% cash back from your transactions. credit to Gen-X



[SIZE=7]Bank Rakyat FD rate as March 2014

Affin Bank FD Promo Up to 4.18% and Horse Figurine Contest - Ends 30 April 2014
http://3.bp.blogspot.com/-kru2Q6Q84GU/UsOW...motion+2014.jpg
The 4.18% interest rate is only applicable if you deposit RM100K into CASA.


credit to Gen-X


UOB Bank FD Promos - Ends April 2014
3 Months - 3.35%
12 Months - 3.55%
13 Months - 3.65%

All 3 promos above needed to deposit 8% into CASA for Min 3 months (lockup)


Bank Simpanan Nasional 1 Year FD Promo - No PIDM

3.95% p.a., min FD placement is RM 10K, but need to put additional 15% fund in a saving account.
This 15% fund in saving account will be "locked" and cannot withdraw for 1 year just like FD.
Saving account interest rate is approximately 0.4% p.a.
Effective rate is 3.486%


OCBC Bank - Savings Deal - 3 Months FD 4.28% until 31st March 2014.
OCBC is offering a new combo plan called Savings Deal where you can earn up to 4.28% for 3 months FD. However, this time you need to deposit equivalent amount into CASA unlike the previous Combo Plan where one only requires 1/3 equivalent of the FD amount to be deposited into CASA.
(Condition for the Promo: At least half the placement of the FD amount is to be earmarked in a CASA account for 3 months.)


OCBC Bank Straight Forward FD Promo. No CASA thing. Valid until 31 March 2014 - credit to Gen-X
3 months - 3.1% NO NEED FRESH FUND
12 months - 3.3% NO NEED FRESH FUND


Am Bank FD Promo - Will end on 31 March 2014 (Updated) - Credit to BoomChaCha

(A) 3.38% for 6 months tenure
(B) 3.70% for 18 months tenure

Terms & Conditions
(i) Regardless of new or existing customers
(ii) Must take both (A) & (B)
(iii) Minimum fresh fund RM 10K. FD fund will split 50% and 50% into (A) & (B) respectively.
(iv) FD interest will deposit into AM Bank saving account every 6 months.



PB FD Rush Promo - Valid from 1 March to 30 April or Upon reaching RM 1 Billion fund size, whichever is earlier








MayBank CASA“Rewards & Bonus” Campaign -- Up to 4% p.a. for Islamic Accounts
Banker's Cheque Fee purely for FD Upliftment/Withdrawal (Do not combine with other accounts, i.e. Savings Account)
Affin - FREE
Alliance - FREE
AmBank - RM2.15
Bank Rakyat - FREE
CIMB - FREE
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - RM5 same day or RM2 next day (no RM0.15 Stamp Duty??)
Maybank - RM5 or RM5.15?
MBSB - FREE
OCBC - FREE
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM0.15 (in Penang) or RM2.15 (in Klang Valley!!!???) Conflicting reports.


WEBSITE FOR FD RATES & LATEST PROMO
http://generationsxyz.blogspot.com/p/fixed-deposit.htmlcredit to Gen-X

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.
We are not liable to any misinformation which might cause any financial or opportunity loss (which include FD rates & any others information)

This post has been edited by davinz18: Mar 22 2014, 12:56 PM

Aiyah, too bad the previous thread was close, I cannot access to all the updates I did at post#1, i.e. copy and paste here. Got to go key in all over again.

TS, you should also post the relevant FD promotions in post#1. Also the board rates missing here at Post#1 by TS.

In the meantime, for the most comprehensive Fixed Deposit Board Rates and Promotions in Malaysia click here to my Fixed Deposit Page at my blog and read my comments.


Edited **

The OCBC Premier Savings account used to pay 3.05% and now 3%. No need to deposit monthly to earn high interest rate almost equivalent to OCBC 1 year FD unlike the OCBC Smart Savers Account. Also you are not penalized if you make withdrawal. Best part, interest credited monthly too. Only condition is you got to maintain RM200K in the account. And yes, this Premier savings account has always qualified for the OCBC Combo FD Promo.

Click here to read my article The Best Savings Account in Malaysia for Children, Adults, Parents and Grandpas too. In this article I have a table comparing the frequency of interest credited into the savings accounts. Article also has been updated to include UOB eAccount and Fun Savers Savings Account which pay 2.68% and 2.9% respectively.

This post has been edited by Gen-X: Sep 12 2013, 02:18 AM

Reporting in.. Congrats new version V5.

Welcome on board...

If you do not mind, could you please post all update FD info on your main page for the benefits of all..?

Thanks you so much...

agree lol

This post has been edited by axis_lua: Sep 9 2013, 11:59 PM

To haur:

Hua hua.. 6 digits is quite impressive..

Our higher record for 1 year FD in BR is 4.25%.

You can call OCBC help line after 8.00am on Wednesday to find out their new promo rates:
Personal Banking: 1300 88 5000
http://www.ocbc.com.my/

But most likely OCBC will not be able to beat BR's rate.
But it is no harm for you to find out the OCBC new promo rates first before you go to BR.

For my case, I can only collect my FD cert in about 3 working days later after I submitted my
banker's check to BR; but another member reported he/she can collect the FD cert on the
same day...

Just to remind you one more time, Bank Rakyat does not have PIDM protection..

Good Luck..

This post has been edited by BoomChaCha: Sep 10 2013, 12:58 AM

Can't wait to see what OCBC will offer after their current promo ends tomorrow.
If nothing's good, gotta start deciding where to place my funds after that, sigh.

What u guys think about rhb offers??





This post has been edited by xcxa23: Sep 10 2013, 04:07 PM

can't view.

Thanks! Was thinking on how to evade the RM5.15 charge on the cheque during uplift from RHB.........Any tips?

Cannot see, can you upload file attachments to lowyat? Thanks

I do not know about RHB.

For my UOB branch, if the payee name(s) on the banker's check is exactly the same name(s) on your FD cert, then
UOB charge RM 0.15 for the banker's check.

For example, if your FD is only under your name, if your request the banker's check to be paid only to your name,
then UOB charge RM 0.15

Second example, if your FD is under 2 names, if you request the banker's check to be paid to the same 2 names,
then UOB charge RM 0.15

If nobody answers you this question here about how to evade RM 5.15 charge, then ask RHB counter before you withdraw..

Visit here tomorrow before you go to BR..

This post has been edited by BoomChaCha: Sep 10 2013, 01:05 PM

Hi was trying to reply your post other foreign currency but cant because the forum is "full". The only foreign currency comparable to RM deposit is Aus dollar follow by NZ, the rest gave very low rates.

Usually when bank close the offer earlier because either they have reached the target or they plan to lower the rates. My opinion is Ocbc will lower the rate judging by the recent promo only 3.3% for 9 months...

TS, good job in adding my previous Board Rates, Cheque Fee and some of the current promos to post#1

Also must thank you too for adding link to my FD page

Hopefully you will continue updating frequently post#1 for latest FD Promos reported by members here


I got current account with RHB so I deposit into that account

If you go open a savings account with RHB, still need to pay for the ATM card - need it to register for OTP for online banking.

Next year onwards we'll be imposed by all banks another RM0.50 for cheque processing fee

This post has been edited by Gen-X: Sep 10 2013, 02:26 PM

No problem. I would try my best to update the latest FD promos from time to time

If I don't update as fast, you also could update it on your post#2, no problem

sorry for late reply.. busy day..
so if i were to put 50k, is my calculation correct???

this is my calculation
3.78% (for existing n new fund)

50,000 x 0.0378 = 1890

3.88%(new & existing fresh fund)
90% FD;10% CASA

FD
45,000 x 0.0388 = 1746

CASA
5,000 x 0.0068 = 34
3Months = 34 x 3 = 102

Total
1746 + 102 = 1848
thankiu very much
edit: tats weird.. i cant attach the pic.. wait i try again.. the global space left written unlimted space yet after it finish uploaded, its did not show my attachement.

This post has been edited by xcxa23: Sep 10 2013, 04:12 PM

somebody started new thread on fd bank rakyat.

think some of you guys can surely help the ts:

https://forum.lowyat.net/topic/2954279

that's just worry bout protection money LOL

Went to Ocbc open Mega Saver and new Smart Saver today before the rate goes down...

Effective 11 sept ocbc promo

Fresh fund same as before
Mega saver interest drop from 4.5% to 4.2%, previous 2:1 ratio remain. A quick estimate shown the effective rate is 3.55%.

Fresh fund same as before
13 months joint account drop from 3.7% to 3.55%

No Fresh fund required
3.33% for 12 months. This one I wasnt sure as the rate is low and I dont want to waste my memory cell..

Thanks Gen-X. I have a Basic Savings Account without ATM. Hahahaha. Able to avoid the RM5.15 if I uplift to the SA then withdraw from the savings acc?
Thanks! Seems like it's BR for me then......

This post has been edited by haur: Sep 10 2013, 11:32 PM