Upon maturity, I don't think it will be auto renewed. If I remember correctly, my last FD was deposited back into my account. I'm assuming it will be at prevailing rate if it auto renews. Too bad it only takes a maximum of 250k.

Which bank was that  what I know Affin Bank FD auto-renew upon maturity (according to my friend) 

Thanks for the reply.
Put Rm1,000 & 6 months later I gained Rm18.50 as interest. Is my calculation correct?

wow...didnt realise RM1,000 or RM5,000 wont give you much interest...thats show banks make so much money..and doesnt give much to customers...

thousands per month...not per annum..

BCC sis...RM4k+ per month..

MBSB - 4.8% x RM1,000,000 = RM48,000 / 12 = RM4k 

Dear Puan Puan & Tuan Tuan,

Wa beh tahan liao....I want to surrender without conditions..   [attachmentid=3868823]

Now we are peace and no more issue..ha ha..  ..Thank you..

.....then it will auto renew to board rate

Usually OCBC and UOB do not offer gift to new FD placement or FD renewal;
except new sign-up as their Premier Customer.

7 figure amount...definitely need 'stronger' security..

strong password.. >> 16 alphanumeric  (figure yourself)

finger print... some notebook have them... mine have it..

retina eye scan...   some software using webcam for face identification...dunno eye got or not...

Agree that those that sent OTP is best.

Banks that need OTP for Online transfer/perform transaction that I know are Citibank, MBB, RHB and MBB for certain transactions.

Should I go get iPhone5S for fingerprint identification?

please refer to post #1629, tq

Sorry, I did not mean to interrupt this discussion.

Is RM 4K income from FD per month sufficient..?
I think this depends on the individual's life style and the pattern of spending.

Average Monthly Salary for 72 Countries in the World
http://1-million-dollar-blog.com/average-m...s-in-the-world/

Average monthly income and cost of living
http://www.freemalaysiatoday.com/category/...cost-of-living/

Including Public Bank as well
Oh.. I think Top Cat and Top Goat know better...
I already used eraser to erase the line... straight also good ma...

Aiyo... Thank you first..
Then how our 1.2 million+ government servants can survive with their salaries..? 

OTP for transaction for me is good, but those that need OTP even to view transactions really make me   

yup i am actually annoyed with Citibank, log in to see credit card transaction also susah.

OCBC too but since they revamp their rebate it has been in the cold storage

Besides BR FD which gives monthly, which other banks have it? 

Update on cancellation of bank card:

Cancellation of bank/debit card will not affect online account. Today cancelled one of my Maybank account that came with debit card with annual fees. It does not affect use of online account. Same for BR, the ABM last time told me the same thing on online account vs their bank card.

Premier banking is really useless lah.. You think it is useful meh..? 

hi /k, wanna ask. If i put a 50k into maybank fd, if i plan to put it for 1 month and renew monthly, how much interested would i get every month in that case?

Or any good solution for a 50k fd deposit?

Thanks in advance

Doing some checking this weekend and noted that some of my FDs are missing. How do I know? I have a spreadsheet with the amount and due date. Cannot find the paper copies of the FD.

From your experience, what can I do with the missing FDs? Police report and then the bank?

Thanks.

RM50K CASH. not using for at least 2 more years. most profitable option? risk level medium. Don't need monthly income. Any suggestion please?

No idea about Mach card. Was planning to join Mach if FD due and no good promo around.

Mach is a diff animal as compared to other banks. 

I read before from here that you can get banker's cheque from HL banks. But not sure the details about the withdrawing  between HL Mach and HL banks. 

I agree.
Premier Customers are always targeted by Premier Banking RM to promote their investment
products.

But after reading Captain's post #1707, I realized that Premier Banking facilities sometimes
are useful if we have a change to make good use of them, like FREE lounge access.
cash back at selected restaurants and etc.

Captain's Post #1707 on Page#86:
https://forum.lowyat.net/topic/2953389/+1700
As I know, If the joint account FD cert is missing, all names under the FD cert must present in the bank in order for bank to produce another new FD cert.

Regular FDs, excluding e-FDs

Affin, BR, MBSB do not mail FD monthly statements.

Not sure about AM Bank, if I remember correctly, they did not mail me monthly statement couple
years ago.

OCBC, UOB, Citi Bank, RHB, Public Bank, CIMB, Hong Leong will mail monthly statements.

Not sure about KFH since never put money there.
Standard Charter can send monthly statements via email.
Am I missing any banks?

It depends ............ Those with 7 figures one will have no problem, right ? 

i missed boat for Mach FD promo, so looking for short term alternative lo..

like our M'sia First Lady, i start saving since I were born! LOL

Best FD product for 5k fund?

6 months or 12 months is fine.

Let's say if one member can put minimum RM 50K, get 50 trustworthy members, then can
get total 2.5 million or more. Then we talk to banks to see which bank can offer better FD rate.

Let's say if AM bank agrees to offer 4.30% for 3 years, then we will make an arrangement
to go to the bank on the same day. All members are not allowed to say hello to each other
in the bank.

But all members cannot play a fool lah,..once promised then all of them have to do it accordingly..

For example, if you are in KL, then you deposit your money in one the KL branches, if munkeyflo is in
Sarawak, then she deposits her money in one of the Sarawak branches, and etc..

woman and money = two sensitive issue also..