May I know which FD you chose from Ambank?

Sorry if this is out of topic or wrong thread.
Would like to know which CASA offers the highest interest?
So far CIMB's MoneyMultiplier is 2.5%, MBB's Saver-i is 2.1-2.3%, any other banks' products offering better than these?

Yes I have children. Will look into these and thanks. For HLB 2.8 to 2.9 is as good as 1 month fd.

These two accounts give better returns than my currrent MBB & CIMB CA, Thanks.

So looks like for 3 months, best FD is OCBC combo which gives effectively > 3.7%.

Lets say I put in rm51000 into OCBC combo promo on 4/10/2013.
If on 4/1/14 I withdraw everything my effective returns will be 3.735% as compare with the best scenerio of 3.767%(a diff of rm4), which I think is still better than anything in the market, what more I already have the smartsaver account and Fd accounts in OCBC, so processing should be fast.
This promo if compares with BR's 3.6% would return me an additional of rm18, not much actually, just enough for 3 meals.
Bu then BR comes with gifts that's if they are still generous.With the curb on Personal Loan, I think BR might need less funds thus lower FD rates.
But if I were to leave the amount at SCB diff will be rm100.

This post has been edited by MGM: Oct 3 2013, 10:54 PM

At least got discount, I got a police's parking compound at a ulu place's (white line roadside) during Malaysia day, no discount non-negotiable, rm150, who says the police not hardworking. Can only console myself that the banks are paying for me, thru CC rebates.

Goldman Sachs Asset Management LP boosted holdings of Malaysia’s ringgit and the Philippine peso in recent weeks, betting the prospect of interest-rate increases will spur appreciation.

The ringgit will strengthen five per cent against the dollar by year-end and an 8.1 per cent gain is likely for the peso, based on estimates given by Philip Moffitt, head of Asia-Pacific fixed income at Goldman Sachs Asset, which oversees US$860 billion. Benchmark rates in Malaysia and the Philippines will increase at least 25 basis points by the end of 2014, according to the majority of economists in Bloomberg surveys.

"We expect interest rates to rise over the next year in Malaysia and the Philippines, and that’s less likely in some other Southeast Asian economies such as Thailand," Sydney-based Moffitt said in an October 8 phone interview. "We’ll see a bounce in the two currencies."

Read more: Goldman Sachs buys ringgit, peso http://www.btimes.com.my/Current_News/BTIM...l#ixzz2hIHn3J9N

If this happened it also means that you have failed to bring up your kids, might as well.

hey relax lah. TGIWeekend, people just want to unwind/distress.

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Anyone know about this product? Is the effective rate still apply cos the current published indicative rate is only 1.45% and not 2.75% as in July2013?
Am thinking of putting money in this from 1-nov-2013 to 31-dec-2013 if the effective rate is still 3.85%.

This post has been edited by MGM: Oct 29 2013, 12:01 PM

For deposit up to rm50k:

MBB Premier Mudharabah Account-i - Minor / Trust effective rate is 4.1% for the period of 1Nov to 31Dec2013 (3%+1.1%). But need to verify the T&C.

If you have a child, two-month temporary funds of <rm50000 and need to withdraw funds when required(allowed once a month) then this account would give a Max returns of 3%+1.1%. Better than FD as returns are paid in full counted daily.

This post has been edited by MGM: Oct 30 2013, 10:51 AM

I think so, application online thru M2U.

I was referring to the minor/trust account not the individual/joint account which has more conditions.

The info provided on M2U is limited, you got to get it from their branch or CS.

Cos I did it myself, but better you go and reconfirm yourself.

Shouldn't that be a admirable abilitity? or is it Kaepoh?

Not worth to visit.
Bro GenX website more uptodate and analysis.
http://generationsxyz.blogspot.com/p/fixed-deposit.html

Don't just make a statement but give the reason as well.