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 Fixed Deposit Rates in Malaysia V5

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bbgoat
post Mar 6 2014, 08:35 AM

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QUOTE(BoomChaCha @ Mar 5 2014, 11:00 PM)
This afternoon I was thinking to drop you another anti-submarine bomb to force
you to appear to the surface water; but I did not do it because keep bombing and
disturbing you is not so nice la..
*
QUOTE(HJebat @ Mar 6 2014, 12:01 AM)
Since you have gave the warning, I'll hide in my bombproof chamber lo. Can bomb till his heart content laugh.gif
*
Hey guys, watch out on BCC ! brows.gif You may get "boom'ed" (bomb'ed) ! tongue.gif

This post has been edited by bbgoat: Mar 6 2014, 08:39 AM
harmonics3
post Mar 6 2014, 12:07 PM

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Kuwait Finance House called to inform about matured FD deposited to saving account... not bad service
BoomChaCha
post Mar 6 2014, 12:43 PM

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QUOTE(Gary1981 @ Mar 5 2014, 09:23 PM)
Today visits to banks:
Mach HL: 3.4
Ambank: 3.25
RHB: 3.2
Affin: 3.6-3.65 (negotiate for 3.9, due to mach HL is 4% previously, but said hard to meet)
SC : TBA

The above direct method FD
For ambank:
6months.  +   18months
(3.35).           (3.7)
Must both to enjoy the rate. If 20k, spilt 10k each to 6mnth & 18month.

The rate not attractive, may hold on my bankers cheque. Expire 1 FD today. Another due on 11 march and 8april. Maybe april has better rate...
*
Gary, you are right.
I called to OUG Am Bank, they said the same thing like what you mentioned, but
except the 6 month tenure is 3.38%, not 3.35% that you mentioned.

Thanks again.. Below is the update. Sorry for the inconvenience..

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

(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.

Am Bank Sri Petaling gave me wrong info..Their customer service wrote doen this FD promo for me.. Luckily I still have this draft as proof of wrong info from Am Bank Sri Petaling.. sweat.gif
Attached Image
Am Bank OUG said some customers also complained Sri Petaling branch gave wrong FD info..

This post has been edited by BoomChaCha: Mar 6 2014, 12:56 PM
Nostalgia
post Mar 6 2014, 01:03 PM

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Hey guys,

Can I join you guys for the group FD? icon_rolleyes.gif

But the thing is, I have most of my funds locked into FD at the moment. The earliest I can come up with the minimum amount of RM50k is July 31st 2014. notworthy.gif


DAViS
post Mar 6 2014, 01:08 PM

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Try this if you do not want to move your money within 15 years.

http://www.affinbank.com.my/General/Whats-...er-With-3-.aspx

Better return.
BoomChaCha
post Mar 6 2014, 01:09 PM

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QUOTE(bbgoat @ Mar 6 2014, 08:35 AM)
Hey guys, watch out on BCC !  brows.gif You may get "boom'ed" (bomb'ed) !  tongue.gif
*
Top Goat,
This morning I faxed a reminder letter to BR to request them to credit
monthly interest to my saving account.

Within 30 minutes, BR sms me and said FD interest has been credited
into my saving account.

It seems I have to fax them a reminder letter every month.

Please advice should I bom them or not?
If take action, then what kind of bom should I use? biggrin.gif
BoomChaCha
post Mar 6 2014, 01:21 PM

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QUOTE(Nostalgia @ Mar 6 2014, 01:03 PM)
Hey guys,

Can I join you guys for the group FD?  icon_rolleyes.gif

But the thing is, I have most of my funds locked into FD at the moment. The earliest I can come up with the minimum amount of RM50k is July 31st 2014.  notworthy.gif
*
Most members have locked their monies in FDs, so you do not need to worry about this.

Please treat this group FD plan as 3rd priority because cannot guarantee this group FD plan
will be successful.

Welcome Nostalgia smile.gif
Do you want bank with PIDM? Or it does not matter to you?

Members Recruitment for FD Group Deposit Campaign
Objective: To gather all members' funds to bargain for a better FD rate with the bank
Minimum FD deposit: RM 50K for each member
Target FD amount: 2.5 million
Deadline: 31 May 2014

Note: No guarantee will success in this FD plan

Participating Members
bbgoat (OK without PIDM)
HJebat (OK without PIDM)
munkeyflo (Prefer PIDM)
gchowyh (OK without PIDM)
bearbear (100% PIDM)
plumberly (OK without PIDM)
tbheng (OK without PIDM)
Nostalgia (waiting to confirm whether want PIDM or ok without PIDM?)
BoomChaCha (OK without PIDM)

Now we have RM 450K

This post has been edited by BoomChaCha: Mar 6 2014, 02:58 PM
HJebat
post Mar 6 2014, 01:26 PM

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QUOTE(BoomChaCha @ Mar 6 2014, 02:40 AM)
Okay, Warrior, we recruit members until 31 May 2014.
*
Wah, really use that date ka? I cincai give one as an example only laugh.gif


QUOTE(BoomChaCha @ Mar 6 2014, 02:40 AM)
We can give our Lowyat user IDs to the bank to recognize our identities.
Yes can, our minimum is RM 50K now, if you want to place 5 million also can  biggrin.gif
provided the bank says ok.
*
In that case, really have to do everything under the radar. Cause our LYN IDs are shown in the list. But then, the bank staff will know our real identities & LYN IDs, but we ourselves have no clue about each other sweat.gif I suggest we forgo the LYN ID. Use a code name instead. Like BCC is Saturday Night Fever. bbgoat is Baa Baa Black Sheep etc. So we remain anonymous & protect our privacy.


QUOTE(BoomChaCha @ Mar 6 2014, 02:40 AM)
Do you have the page record from guy3328?
*
Here they are. Have a pleasant read brows.gif
QUOTE(guy3288 @ Sep 14 2013, 04:53 PM)
I split my FDs, i heard dangerous/attracting attention if put big amount in 1 cert...That 50k refers to 1 deposit. To negotiate rate, usually they would ask total how much , then i tell them xxx and they allow me in lots of 50k. Below 50k  i get board rate. I got 4.25% for 24m and 4.7% for 61m.

They dont give me gift for every deposit. i go often , if ask every time with every Fd, shy also.
But after 2 or 3 deposits if they dont automatically give me, i will ask.  whenever i ask they will give.

I never get bags so far. Towels, manicure set of different types, T shirt, but i now mostly prefer pens, esp the  parker pen set, i think buy outside  maybe RM80 and can give to others as gift. been with BR  >10 years despite my brothers discouraging me saying not safe etc.
*
QUOTE(guy3288 @ Sep 25 2013, 06:40 PM)
BR still giving out gift, today they gave me the maroon parker pen , i wanted the gold color type, but no stock so i chose  bath towel.

To nego rate i dont think above 50k they will give special rate. What i said earlier was once they  gave you that rate, you can bring in your money in lots of 50k and above., if you put less than 50k that FD will get normal rate.

I asked about the 24 months FD and requested for 4.3%, they said most likely can get, waiting for approval fr HQ.

Apparently last year they can give extra 0.2-0.3%, now no more 4.9% for 61m. Max is 0.1% extra now.
*
QUOTE(guy3288 @ Nov 5 2013, 08:54 PM)
If you put all in 1 cert you are stuck if u need part of that money in emergency.

i think once they allow you to place multiple separate FDs,  each FD is independent, so prem WD from 1  cert should not affect your negotiated rate on your other FD certs.

Remember not to just stagger out the amount , also stagger out the date ie instead of RM300k on 4.11.2013  make it RM50k on 4.11.13, 50k on 4.12.13 etc.. BR allows me that.
*
bbgoat
post Mar 6 2014, 01:31 PM

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QUOTE(BoomChaCha @ Mar 6 2014, 01:09 PM)
Top Goat,
This morning I faxed a reminder letter to BR to request them to credit
monthly interest to my saving account.

Within 30 minutes, BR sms me and said FD interest has been credited
into my saving account.

It seems I have to fax them a reminder letter every month.

Please advice should I bom them or not?
If take action, then what kind of bom should I use?  biggrin.gif
*
Ha ha, please send out Cha Cha Bomb ! tongue.gif
bbgoat
post Mar 6 2014, 01:32 PM

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QUOTE(DAViS @ Mar 6 2014, 01:08 PM)
Try this if you do not want to move your money within 15 years.

http://www.affinbank.com.my/General/Whats-...er-With-3-.aspx

Better return.
*
The website showed ended 31/12/2013 ? hmm.gif
nonadoes
post Mar 6 2014, 01:38 PM

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I just open 50k fb with BR for 3.65% - 6 months.
With this amount can negotiate for better rate? or can request for free gift?
Gary1981
post Mar 6 2014, 01:42 PM

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I am working very hard to clear my debt and reach my financial freedom. I already set a target to retire by 40. Guess everyone has the same objectives once reach the benchmark of age range...

bbgoat
post Mar 6 2014, 01:48 PM

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QUOTE(nonadoes @ Mar 6 2014, 01:38 PM)
I just open 50k fb with BR for 3.65% - 6 months.
With this amount can negotiate for better rate? or can request for free gift?
*
You are planning to place it ? 6 months based on current website rate is 3.7 but likely to have been reduced by 0.05%.

50k can definitely ask for gifts. Nego wise can always try, they may tell you only for 100k and above or no nego for 6 months tenure. biggrin.gif
nonadoes
post Mar 6 2014, 02:56 PM

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QUOTE(bbgoat @ Mar 6 2014, 01:48 PM)
You are planning to place it ? 6 months based on current website rate is 3.7 but likely to have been reduced by 0.05%.

50k can definitely ask for gifts. Nego wise can always try, they may tell you only for 100k and above or no nego for 6 months tenure.  biggrin.gif
*
Yeah. I placed the fd jor before i read the forum here.

aeiou228
post Mar 6 2014, 03:35 PM

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QUOTE(RO Player @ Mar 6 2014, 01:33 PM)
I have this reserve opinion..need some mapping/to see whole picture, before towards that objectives/or its too late

18 - 29 : In beginning, we work hard for the money,
30 - 40 : mid way, we purchase "4 to 5 big investment" to sustain/basic necessity
40 - 45 : Passive income or early retirement or venture to other career/business
45/50 - 55/60 : Retirement or working to pay debt
1. To get financial freedom/without thinking the next month whether when the next payslip/salary
2. Passive income (Insurance/MLM/Deposit), same as above
3. More time with family/Quality Time
4. Business
How to achieve this?

1. Work hard, goes up the rank? hoping for fat bonuses?
2.
3.
*
Bro, got one biggest investment missing from 45/50-55/60....Children tertiary education. It is much more tougher than buying a house. Must pay in cash term in such a short time depending on the no of children.

This post has been edited by aeiou228: Mar 6 2014, 03:37 PM
pinksapphire
post Mar 6 2014, 03:52 PM

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Hmm, no one mentioned OCBC's 6 months rate of 3.6%. Quite good since it's a straightforward FD.
bbgoat
post Mar 6 2014, 03:59 PM

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QUOTE(nonadoes @ Mar 6 2014, 02:56 PM)
Yeah. I placed the fd jor before i read the forum here.
*
OK, so the 6 months rate also drop by 0.05% to 3.65%.

If you have not collected the FD cert, ask for the hadiah when collecting the cert. biggrin.gif
bearbear
post Mar 6 2014, 04:32 PM

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QUOTE(pinksapphire @ Mar 6 2014, 03:52 PM)
Hmm, no one mentioned OCBC's 6 months rate of 3.6%. Quite good since it's a straightforward FD.
*
We always focus on their 3 months promo, any link to the promo you mentioned?

i went to their site only see the 3 months promo
munkeyflo
post Mar 6 2014, 04:36 PM

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QUOTE(pinksapphire @ Mar 6 2014, 03:52 PM)
Hmm, no one mentioned OCBC's 6 months rate of 3.6%. Quite good since it's a straightforward FD.
*
Yea. I just placed my funds into this actually.
Was at OCBC to withdraw my FD maturing today and take to Affin for 3.6% for 12 months but the girl told me got 3.6% for 6 months fresh funds. Straightforward FD no CASA thingy. Minimum 1k, maximum 2.5m.
munkeyflo
post Mar 6 2014, 04:41 PM

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QUOTE(RO Player @ Mar 6 2014, 04:38 PM)
So what gifts you got for Affin.. rclxms.gif  monthly credited.. rolleyes.gif
*
I placed back into OCBC, lol.

Didn't go to Affin. sweat.gif

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