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 Fixed Deposit Rates in Malaysia V5

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1282009
post Oct 2 2013, 11:31 AM

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Hi guys, a quick question here.

For the OCBC smartsaver, if my FD is already matured and withdrawn and if I maintained the amount in my smartsaver for 4th and 5th month, willl I be getting the interest rates of 2.9% if I continue to deposit 1k into the account without any withdrawal?

Thanks.


1282009
post Oct 2 2013, 12:24 PM

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QUOTE(bearbear @ Oct 2 2013, 11:34 AM)
Yes, it has no link to your FD.
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Good to know smile.gif


1282009
post Dec 1 2013, 05:25 PM

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I plan to place my FD via MB2U e-FD. For the withdrawal on maturity date, I presumed I can just transfer the money back to my account without the need to go to the branch. Correct me if I'm wrong. Is the e-FD interest same for the conventional FD rates?


1282009
post Dec 30 2013, 09:58 PM

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QUOTE(MGM @ Dec 30 2013, 01:56 PM)
Not worth to visit.
Bro GenX website more uptodate and analysis.
http://generationsxyz.blogspot.com/p/fixed-deposit.html
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Hi guys, for Am50Plus 12 mths 3.25%, can it apply to joined FD a/c wherein 1 of the applicants is <50?


1282009
post Dec 30 2013, 10:53 PM

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QUOTE(yklooi @ Dec 30 2013, 10:42 PM)
hmm.gif I think the ambank front line staff did told me ok...that's about 2 week ago.
I did not take that up...I took up the TOP RATE promo 4.12%
see page 40, post # 795 & 796 by forummers mhspeng & ronnie
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Thanks - that's for my parent (me as join name) who will just auto-renew yearly and not really interested on any promo rates since she will just keep it auto-renew for years to come.


1282009
post Jan 1 2014, 04:24 PM

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QUOTE(Gen-X @ Jan 1 2014, 02:32 PM)
Happy New Year 2014 guys!
Thank You Sir, for the vote of confidence blush.gif
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  biggrin.gif

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.
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Thank you for the suggestion smile.gif



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