it's just like UT, variable price. Now got promo 2% SC ending this 14th March (normal rate 5%)

Thanks for the info ! Have bookmarked the forum. An alternative to FD. High risk, high gain.

Anything just post there. This thread is for FD related only

Nobody shall know me



Just to clarify, munkeyflo got no boyfriend. Nobody jealous, everybody happie.

Aiyoyo, ini banyak bluff punya orang...you're not the mastermind meh? Then who is? Claimed that you're not a good negotiator somemore, but your FD rate says otherwise

My nego skill lagi no eye see. Never able to get more than extra 0.10%. So, I officially appoint myself as a sideliner

Regarding the gifts, based on my understanding of your plan; aren't all members supposed to be present on a specific date, time & location to place their own FD? So, each member are entitled to get their own gifts, based on branch goodwill. Unless bank give the gifts upfront, then representative won't be able to help him/herself with other members' loot


I support this. Based on record, bbgoat definitely qualified as a rep.

If takut cannot accumulate 2 million, then try a lesser sum first lo.

Count me in.fd group.
Which bank br stands ? Bank rakyat?
Prefer with pidm

Warrior, I can talk big or "blow water", but when come to implementation, it is not easy la..

Warrior, I think you can come out with some creative ideas to make this FD plan to become a reality.
I can tell, you were a good student with GPA 4.5.


Yes, all members are supposed to present in the bank at the same time and on the same date to place the FDs, but they can place FDs in their own local branch (this part we need to discuss with the bank HQ).

Like what you suggested, we will create a member code, for example, if Top Goat's code is Bra Bra Sheep from Kulim, we will submit this member code to the bank HQ first. When Top Goat place the FD in Kulim, bank branch in Kulim will call to HQ to verify this Bra Ra Sheep code from Kulim, then Top Goat will get the special rate. This code is confidential, will send codes to each member via PM only. Each member will have their own code.

For gifts wise, this is a small matter, we can just put it aside first.

I think so la.. Top Goat is only interested in 2 things: money + leng lui.
Money I do not have, so We will use leng lui to convince him.

Then how much do you think..?

This post has been edited by BoomChaCha: Mar 9 2014, 10:47 PM

He said is something like conflict of interest to put into different branches.
Also, when giving nego rate they look at the overall amount in the particular branch you're applying at (for last year)


Perhaps to have a more attractive total amount, the person doing the nego can just pump up the 50k per person by 3 times since most of us would not be just placing the FD just once over a period of 1 year.

Ok, got it. Thanks

You mean each member commits at least RM 150K?

This post has been edited by BoomChaCha: Mar 9 2014, 10:58 PM

BoomChaCha, please count me in to the FD group. With or without PIDM should be fine.

find small and new branch, they need hit target so can give better rate

what is the rate for FD now?

if deposit around 200k ...

i heard there is some facilities...

3% + 2% extra....

BCC good at "blow cow" (Chinese) ??

You have relocated me to Kulim ? Boss, how come, we have not even started this FD thingy and you have relocated me to Kulim ?

Must state this first, no cyber gift, must be the real thing, OK ?

Need help from those who have done this.

My wife says one can still get half of the FD rate (for the earned duration) if one withdraws prematurely but after a minimum of 3 months.

True?

Thanks.




P/S

Did a search on the web. Found this which answers my query (taken from MB's website).

Terms and Conditions on FD premature withdrawal

The payment of interest on premature withdrawals of Fixed Deposits' (FDs) before maturity shall be subjected to the following Terms and Conditions:

1. No interest shall be paid on any 1 month, 2 month or 3 months tenure FD that has not completed its respective full tenure period.

2. For FD's with tenures exceeding 3 months no interest shall be paid if the Fixed Deposit (FD) is uplifted before the completion of the first 3 months period.

3. Other than the circumstances mentioned in (1) and (2) above, interest is payable only for the completed period of the funds have been deposited as below:

The rate payable for a Fixed Deposit uplifted before its fixed maturity date shall be half (1/2) the original contracted rate for each completed month.

For example:

Tenure: 6 months tenure
Amount: RM50, 000
Interest rate: 3.10% p.a.
Completed period: 4 months 12 days
Interest earned: 1.55% x RM50, 000 x 120/365 or 366 (if leap year)
: RM254.79



This post has been edited by plumberly: Mar 10 2014, 09:31 AM

I have accidentally did it before for ocbc where they did not even warn me is premature withdrawal.
It was more than 3 months & I did get half the interest.

Good to know this is practised among the banks, better than zero interest for premature withdrawal.

Cheerio.

... looks like BR has lost its attractiveness to me ... not really worth to move 2% difference between if deposit is small ... which most banks these days is hovering around 3.7% at board rates ...

This post has been edited by esy: Mar 10 2014, 01:26 PM

Aiyo, you look at me too high up la. Mastermind suddenly becomes psychic master as well...coz have the ability to see my fanciful past wor


For me, as long as can get good FD rate; the rep can have my gifts (if any). Just to compensate his/her effort, time, energy, petrol, phone call etc. Have to show my appreciation ma


Have you activated your leng lui method? Does it work on bbgoat?


$1 million test water 1st lo. If can't work, then baru play tug-of-war. Raise to $1.5 million > 2 million > 2.5 million

This post has been edited by HJebat: Mar 10 2014, 01:46 PM

Did you mean most banks are offering 3.7% board rate for 1 year FD placement versus BR's 3.90%?