Affin's 3.60% p.a. is their standard over-the-counter rate. purely FD. no other conditions. no need setup any accounts.

I did mine few months back, easy peasy. nothing to worry on CASA/FD split. 

You can consider Mach 3.7% for 6 months, monthly interest, but need to
sign-up a debit card for RM 8.00 annually. This promo ends tomorrow.

https://www.machbyhongleongbank.com/mach-fi...posit-promotion

How about this second option..?? 


RHB CNY 12 Months Term Deposit Islamic Promo from 20 January until 20 March 2014

Minimum FD placement: RM 10K
Maximum FD placement: RM 3 Million
Fresh Fund required
Both packages will pay monthly interest into saving account due to Islamic banking type.
Eligible depositors can apply to upgrade to Premier Customers to skip put money into CASA.

Package A: 3.78% rate p.a.
Non-Premier Customer: Need to put 5% into CASA and hold for 90 days
Premier Customer: Not required to put money into CASA

Package B: 3.88% rate p.a.
Non-Premier Customer: Need to put 10% into CASA and hold for 90 days
Premier Customer: Not required to put money into CASA

Ha ha..I feel so pressured to handle this job
We can sort this out later...just take it easy..
Ok..
So do you want to participate? PIDM or no PIDM?

nowadays mostly involved CASA, ratio 80:20, 90:10 u name it

effective rate running from 3.4 to 3.55 i guess

Yes, we are planning to gather a big fund from all participating members so that we
can negotiate better FD rates with the banks.

To answer to your questions:
(1) With a unique code for each member, each member will go to the bank to place FD by themselves.
There is no such thing we will pass our monies to one member to place FD for us.
Each participating will have a fully control of their monies, they can even cancel and not to participate our plan, and no questions will be asked.

(2) Participating members just need to use the unique codes to identify themselves to the bank  so that they can get the special FD rate from the bank. So it is up to the participating members whether if they want to have a single name or joint name on their FD account. Participating members can use their existing FD account to place this special rate FD.

(3) We do not know yet. But we have short listed Bank Rakyat and Affin Bank.
Let me brief you our plan:
(1) Consolidate a big fund first

(2) Talk to the bank.

(3) If the bank says ok, then one of our participating members will generate and PM confidential unique codes to each participating member. Then submit these codes to the bank so the bank can
identify us.

(4) We will not reveal the special rate and unique codes in public to avoid unnecessary problem. We will PM special FD rate and unique codes to each participating member only.

(5) Participating members go to the local bank, submit their unique code to get special rate, then place FD just as usual.

(6) All participating members' privacy are 100% protected.

(7) We use unique code because we do not want to explore our identities.

We will improve our planning and procedures little by little..

Please let me know if I am not answering to your questions.
You further questions are very welcome..

We appreciate your interest in participating our Group FD Campaign. However, we are unable to
get you an approval to participate our Group FD Campaign at this time and this is due to one of
the reasons your low post counts do not meet our requirement.

We apologize for the inconvenience that may cause you.