damn im confuse...
im thinking of putting 5k in fd...
anyone englighten me which bank?
Fixed Deposit Rates in Malaysia V5
Fixed Deposit Rates in Malaysia V5
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Oct 2 2013, 10:04 PM
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#1
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Junior Member
170 posts Joined: Jan 2011 |
damn im confuse...
im thinking of putting 5k in fd... anyone englighten me which bank? |
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Oct 2 2013, 10:59 PM
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#2
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Junior Member
170 posts Joined: Jan 2011 |
QUOTE(Gen-X @ Oct 2 2013, 10:39 PM) Thanks BoomChaCha, go dig out more FD promos and post it here does it have to buy what stamp and etc upon sigining up or withdrawal and etc?Walternate, you are right, if above age 50 then the Affin promo may be worthwhile to consider. I just did a quick calculation for total RM24K and 120K deposit and the effective rate works out to be about 3.4% and 3.56% respectively (with Affin Gold). If you have more than RM120K to deposit, then the effective rate increases since the Affin's Saving Account interest rates are tiered based. So if you ask me, if one has less than RM120K to deposit, just go with AmBank current straight forward 9 months promo at 3.55% and save the hassle to open another Savings Account. I just updated my Fixed Deposit Page at my blog and noted almost all the FD promos have condition relating to CASA. If you look carefully at Mach by HLB and Ambank eFD 3 months online FD, the interest rate of 3.25% and 3.3% is actually pretty good since one does not need to deposit a sen into CASA. And for straight forward FD, AmBank 3.55% for 9 months looks good too but you got to be fast as it ends 15 Oct 2013. And if you have a child, KFH Junior ICM Deposit-i is really good. for RM5K, go see the bank's board rates in Post#1 but I will say which ever bank that is most convenient to you. Then again, are you into online banking? Like I mentioned above, Mach by HLB and AmBank eFD pretty good for less than 12 months. For 12 months, for RM5K you can go with Affin Bank and get 3.6%. |
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Oct 2 2013, 11:18 PM
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#3
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170 posts Joined: Jan 2011 |
QUOTE(haur @ Oct 2 2013, 11:09 PM) I agree on this. The petrol, parking and your time will eat up certain percentage of your interest. I usually perform eFD every month unless the amount is large. Rm5/Rm5000 is like 0.1% out of 3.2% whatBeen using CIMB and MBB eFD service. At least its 3.0% for 1-2 months! and how does eFD do? i do have cimb clik and maybank2u but both both doesnt have rm5k at the moment is in another bank |
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Oct 10 2013, 12:06 PM
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#4
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170 posts Joined: Jan 2011 |
just bank in rm5k for affin for 3.6%...
any other higher? |
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