Happy New Year 2014 guys!
Thank You Sir, for the vote of confidence
Yes can, and it applies to most Senior FD and Savings Account offered by banks.
If your parent don't need the monthly interest payout and just like to see his/her money grow and grow, go with Affin Bank and get 3.6% board rate. Auto renewed at the highest board rate offered by any commercial bank currently and for the past few years.
To ALL:

Now, for those like me who are in our prime still feeling young as 18 and hate people calling us uncles, check out Alliance Bank FD Gold. It pays 3.25% for 12 months tenure and interest credited monthly into our Hybrid Account to go use with our Alliance Debit Cards and earn up to 2% cash back. To qualify for the FD Gold, minimum deposit RM30K (per cert, you can have as many certs as you want) and age as young as 40 

Those of you thinking you'll be getting 4% or above interest rates from OCBC and HLB FD Promos for 12 months or less tenures, better you go read my comments at my FD Page which I just updated.

It is kind of hard to find a FD Promo offering above 4% effective interest rate nowadays. Even Bank Raykat's Profit Rate has reduced to less than 4% for 12 months tenure.

And if you are thinking of going with Affin Bank 4.18% 36 months FD Promo, better you hurry to AmBank and go with their 4.12% FD Promo for the same tenure.

Click here to my Fixed Deposit Page for latest updates and comments.

do we have to declare interest earned on FD (or for that matter, other types of investments like unit trusts, wealth management products etc) to IRD and are we subjected to pay income tax on this?

do we have to declare interest earned on FD (or for that matter, other types of investments like unit trusts, wealth management products etc) to IRD and are we subjected to pay income tax on this?

do we have to declare interest earned on FD (or for that matter, other types of investments like unit trusts, wealth management products etc) to IRD and are we subjected to pay income tax on this?

Sifus .. is there such thing as e-FD as in you put money in FD via online banking ah ? So much trouble to go bank la ... any bank offer things like this ?

MBB, CIMB...others i dont know. Super easy.

OO .. for MBB will it work if i don't have savings account ? =/ I have maybank2u coz i have CC with them but no savings/current account ... probably cannot right =/

Today went to BR to withdraw matured FD & being told that they no longer issue banker cheque since 2014 due to new policy. It cost me 2 dollar for a TT, fund only available on next Monday someone.

Thinking to place Am Bank 4.12% FD for 3 years, but heard many rumors
OPR will rise to 3.25% or 3.5% soon due to inflation..?

I cannot decide if I should take this 3 years gamble for 4.12%..? 

Just deposited RM 1K into KWSP during last month..

Can somebody log in www.mbsb.com.my ?
This is another bad news from BR.. 
Then will you lose 3 or 4 days days interest..?

Just a quick check... is the AmBank 4.12% FD insured by PIDM?
I believe it should be, but just don't see it being mentioned in their TnC.
Am considering to take this up after my HL Mach FD matured next week.

Thinking to place Am Bank 4.12% FD for 3 years, but heard many rumors
OPR will rise to 3.25% or 3.5% soon due to inflation..?

I cannot decide if I should take this 3 years gamble for 4.12%..? 

Just deposited RM 1K into KWSP during last month..

Can somebody log in www.mbsb.com.my ?
This is another bad news from BR.. 
Then will you lose 3 or 4 days days interest..?

check the words
"Conventional Fixed Deposit" at
http://www.ambankgroup.com/en/Promotions/D...FD36m2013-.aspx
against the listing of "Products eligible for protection by PIDM" at
http://www.ambankgroup.com/en/Personal/Dep...rWebpageEng.pdf
contact them to thru livechat, email or phone in to confirm
http://www.ambankgroup.com/en/Personal/Dep...Pages/PIDM.aspx

Hi all,
I have BR FD maturing this month.
I was worried my renewal will use the new board rate and needed a fresh FD cert to ease my worry.
I have called the branch and found the following info for sharing.

1. My FD will be auto-renewed with the same rate as last year (nego @ 4.11%) without needing to visit the branch. 
This is my first renewal at BR, so still unsure and worried about the new rate used at renewal? Any sifu could enlighten on this part? 

Hi all,
I have BR FD maturing this month.
I was worried my renewal will use the new board rate and needed a fresh FD cert to ease my worry.
I have called the branch and found the following info for sharing.

1. My FD will be auto-renewed with the same rate as last year (nego @ 4.11%) without needing to visit the branch. 
2. No new FD cert will be printed for auto-renewal, but can request for statement at branch.
3. If ask for new FD cert, meant an uplift and new placement, then new rate will be applied. (I thought some BR veterans here said must insist for new cert to verify interest rate.) 
4. New board rates have been revised down 0.05% since Nov '13 (old news).
5. Old products cannot be auto-renewed (mine started last year, cosider new), they will call acct holders individually and new certs will be printed with new rates.

This is my first renewal at BR, so still unsure and worried about the new rate used at renewal? Any sifu could enlighten on this part? 

Thinking to place Am Bank 4.12% FD for 3 years, but heard many rumors
OPR will rise to 3.25% or 3.5% soon due to inflation..?

I cannot decide if I should take this 3 years gamble for 4.12%..? 

Which BR branch did you go to, which state ?

For auto renewal, it will go to the current board rate, not even nego rate. For my FD in BR, I used online account to check, auto renew will just go to board rate.

You better check again or use online account to see the interest rate for related FD.