Also 13 months 3.65% UOB.

No, MBSB and BR both not PIDM protected.

Good idea...

RHB 12 Months FD Promo - 3.88% Rate. 15 Jan to 28 Feb 2014

(1) Premier Customer: need to put (locked) 5% of fund in CASA for 90 days
(2) Non Premier customer: need to put (locked) 10% of fund in CASA for 90 days

Minimum deposit amount: RM 10K
Maximum deposit amount: RM 3 Million

Last year promo at 3.78 for 1 year (pay monthly interest) is better than this...

PBB trying really hard to "CON" their customers

Gong Xi Fa Chai with effective rate of 3.46% assuming you get nothing out of the 20% SA requirement.

This post has been edited by pinpinmiao: Jan 27 2014, 07:04 PM

Hi what do you guys think of Fixed Deposit? Yes the returns might be low but it is a guaranteed investment. Or should I go for other means of investment ?

Lets say 3.8 interest rate. You invest Rm 10,000. Thats Rm 380 per annum, which equals to RM 30 per month. Ain't that a bit little

RM380 guaranteed. What other investment method got such guarantee?

FD not for building equity.

Interest income is little because your deposit amount is little. That lucky young fella from Tmn Connaught who won magnum RM7.8m jack pot recently can earn FD interest RM25k per month just doing nothing. Little or not little?

hey i thought this different monthly rate crap is not allowed anymore?

this 1 very champion from PBB, use monthly different rate somemore need money in SA.

ya little if you can buy ASB pls put all your money in it. we all no choice have to fall to FD

btw if you have 1m you would get 38k, not bad la can support your daily life lo

This post has been edited by bearbear: Jan 27 2014, 11:00 PM

Nope, but protected by EPF.

This post has been edited by 500Kmission: Jan 27 2014, 11:35 PM

Diversification is most common method.

100%? Same like PIDM?

Shareholders in a sdn bhd, or bhd company are not liable to the liabilities of their company.

So we cannot say it is "protected" by EPF, even although EPF is the largest shareholders of the company.

RM 38,000 is not even enough to survive for 1 year.

that means, even if you got RM 1million, you still have to work.

Well, it depends on the expenditure of a person, single/have family, life style etc. For some, RM38k is enough for 1 year.

RM1 million is nothing nowadays as compared to 30 or 40 years ago. Of course having the 1 million is still better than not having it. Can get RM42k yearly and more from BR FD !! Ha ha !

This post has been edited by bbgoat: Jan 28 2014, 10:10 AM

All talk about 7 million = how much from FD, as far as I know most FD got cap amount above that they won't pay the rate jor (I think above 1 million then they will reduce your interest rate).

For bumi, RM1m can yield at least RM80k+ per annum from PNB.

Here's a HL CNY Open House promotion for deposit and some Horse gold plated figurines thingy: http://www.hlb.com.my/promo/pfs/dep_CNY_op...dex.jsp?s=promo

What do you think of it? It says it'll give you 3.8% on top of the free gifts. I must have missed out on some terms and conditions, lol...cannot be that good.

one branch only 2 or 3 sets, vvip customer grab liao lo

Need CASA earmarked combined one.

You're right! I think even I go line up early in the morning, I also can't compete with the VVIPs.

So I have just finished reading the T&C. Yeah, it's partially considered earmark cuz the FD part is optional. We don't have to take up the FD promo rate at 3.8% if we don't want to.
Meaning the promo consists of two parts. One is depositing those tiered amount into CASA and you might get the figurines if you're lucky. Otherwise, nothing at all Next, if you mau to get 3.8% for 6 months, you can go for it, but must follow the exact amount you place in CASA.

Knew this HLB not so generous and easy, pffftt