I am deciding between Ambank and UOB for tomorrow's placement too and I will heed sifu's advice again Ambank is nearer and easier to get parking

Bro, you are right, not much diff between UOB 12 months and AmBank 9 months. Actually for less than a year FD, the AmBank 3.55% can be considered pretty good.

Got link to the report on the interest rate will go up thingy? Because inflation sky rocketing?

HLBB providing up to 4%, though it's only applicable for only the last month, kind of like an incremental interest over certain period of time.
It seems interest rate is trending up now.

Bro, if you had checked my Fixed Deposit Page and read the comments, you will know the answer, hahaha. For Priority Banking Customer get up to 4.5% but effective rate also not close to 3.5%

TS also in Post#1 copied and paste the HLB Promo image from my blog where I wasted time to include the notes like effective rates into the image, see image posted by bearbear above .

So which bank currently offer the best "effective rate" for FD?
If not convenient to share, pls PM, tqvm.

Considering some banks are still working on new promos and still not released yet, looks like can't wait longer. And any new rates would also be a lot lower =(
Someone highlighted about Ambank being better since it ties us down for 9 months only at 3.55%. I prefer shorter term ones, so this would be good for me at the time being.

Considering some banks are still working on new promos and still not released yet, looks like can't wait longer. And any new rates would also be a lot lower =(
Someone highlighted about Ambank being better since it ties us down for 9 months only at 3.55%. I prefer shorter term ones, so this would be good for me at the time being.

That's good news from mach HL. It show sign the bank need more depositary. Its been quiet since their 4% fd rate. Looking forward. Still holding strong and wait

Standard Chartered FD promo ending 25th October.
3.5% for 6 months, fresh funds min 5k.

Another option is, you can open a joint Affin Gold saving account with your parents to get a better interest

Last time I placed a large fund of FD in UOB, but the rate was not negotiable. 
Few months later, I placed another smaller fund of FD in the same UOB branch but I talked to the FD head in the branch,
and I got extra 0.02%.

hi question ,if senior account
then the senior passaway
take how long to withdraw the FD?

What if both die together? Still have to do what cherroy mentioned.

Better get their eAccount username and password and transfer the fund electronically out  But I guess this won't work for FD which are not statement based (i.e. need to present cert). Then again, can we withdraw/transfer our FD (not eFD) with our eAccount for those Statement Based FD?

hahaha, yah get like a PO Box. You solved my problem, now can go relax with you know what dolls instead of waiting for the postman

dunno if anyone just posted but here's wat i got at uob:

board rate is only 2.9x-3.10% but...

alto officially they say fresh funds, yr deposit at expiry, the teller will want to renew for you, no need to take out and go back.

my last 3.65% 9 mths pa at maturity, renewed at 3.55% for 12 mths. amt need to be >100k.

no frills, no casa required.

if withdrawal, banker's cheque cost is rm2.15.

one thing this week, uob started a new it system, new acc nos, etc - quite a mess in terms of q and waiting time.

true...

only that i will lose a couple of days in transit for the money to clear in other bank, then go back.

yr way wud get a bit more if dun mind the hassle and driving, parking, waiting...

UOB offered you extra 0.05% (from 3.6% to 3.65%) for 12 months?
And no need to sign-up a new saving account?

hi all when bank always say fresh fund to FD
mean have to transfer the existing money to other bank and transfer back?

Once I in UOB, an auntie was told she cannot get FD Promo rate. I told her, withdraw as cash, come back after lunch and deposit again. And the officer said, that way can subjected another teller were to attend to the auntie later.

And, actually, if really kiasu (which is a good thing when it comes to money matters) you don't have to leave the bank, just wait for the teller to go for his/her lunch break, hahaha.

It's stated at the first page.
I must be so used to the low rates lately that 3.76% now is considered really high for me, lol...so maybe I should go back to OCBC and place the 3 months FD for the time being.