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 Fixed Deposit Rates in Malaysia V5

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ckchan526
post Mar 22 2014, 08:25 AM

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QUOTE(aeiou228 @ Mar 22 2014, 01:02 AM)
No need 500k to get 4%. Rm50k can liao but must place on 1st March and must be new to bank or new to participating account. Now already 22nd Mar, so must put more than Rm50k to achieve the 50k ADB.
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I talked to MBB staff on 20Mar. I told them Affin 12m 3.6% & OCBC 6m 3.6%. They shared with me their promotion, shd be more than 3.6% but less than 4%. If i understand & remember correctly the example they shared:
Open Premier Mudharabah Acc under Aspire with 50k on 20Mar: 20-31Mar board rate for Premier Mudharabah Acc
Top up 100k on 1st Apr & maintain till MBB gives interest: 50k gets 2.75% for Apr, 4% for 1st May to 31st Jul; 100k gets 4% for 1st Apr to 31st Jul.
1st Aug till MBB gives interest (shd be ~mid Aug): 150k gets board rate for Premier Mudharabah Acc



This post has been edited by ckchan526: Mar 22 2014, 08:36 AM
ckchan526
post Mar 22 2014, 05:28 PM

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QUOTE(RO Player @ Mar 22 2014, 09:02 AM)
Incorrect, depends on tiered amount deposited. above 100k amount will entitled, 1.10% which will be paid end of promo.
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2.75% (rm1375) for the 150k from 1st Apr to 31st Jul (4months) then 1.10% (rm550) for the 150k will be paid end of the promo? thanks.
ckchan526
post Mar 23 2014, 02:25 PM

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QUOTE(aeiou228 @ Mar 22 2014, 06:54 PM)
There is a 1 month fund withholding conditions after the campaign period and this requirement will effectively reduced your effective rate to 3.63%.  Also, your base line must be zero balance.
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Thanks. Sligtly better than Affin/OCBC 3.6% biggrin.gif

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