Placed my deposit with BR this afternoon. Very friendly staff with wide smiles!

Lol, yes...more skeptical people like me will be going for it too, haha...

Yeah, the effective rates of theirs are no longer decent enough for us to go for it considering how we have to keep monitoring RM1K deposit every month and the timing of opening/closing, etc. I'm getting Zzz with it, so time for me to take it out too. Being a Premier customer doesn't have much difference anyway.
Is there any difference on which SA we open? If not, I assume you went for the basic?
And I heard the interest is paid upfront or something, I'm not sure.

I am sure many here have been given free gifts from BR FD placement. I have had  bath towels, T shirt, manicure sets and recently Parker pen sets.

The thing is i was never asked to sign any form acknowledge that customer has taken that gift.

It looks like they can just take those gifts away and give to any one, since no customer acknowledgement is required.

Any of you signed any acknowledgement when given a gift for FD placement?
How do i put up the pix of BR pen sets here?Any sifu can teach?
ok just try the attachment and see. just  browse, open, then  click on attachment right? but nothing came out...

Scared, but then I reckon shouldn't be too risky as well :S
Hi haur, your 4.01 is the board rate ah? Meaning you put 1 year, correct?
I don't like the town area there, so congested. I wonder if the one at Bayan Lepas is better or not. And any free gifts, haha...

Sifu, mind teaching me hw to count hw much i earn fd?
Given dat,
Fd 2.5k
Interest rate 3%
Hw much i get?

Rhb bank

Here is something for you guys to think about.

Now, some of you guys may recall when we first talked about BR, besides no PIDM, there is another concern. As in all Islamic Banking products, the "interest rate" as we all here refer to is not guaranteed but based on profit sharing. Back then one or two people confirmed that when they asked BR officer if the dividend is guaranteed, the answer they got was NO but based on previous records BR have been paying the profit rate that has been quoted. Same same answer you will get for Islamic banking product if you were to ask say OCBC or HLB or any commercial banks.

Now, if BR profit keep shrinking the next few years, how sure are you guys you be getting the profit rate they quoted for current 5 years deposit? You can't sue them that's for sure because it is clearly stated in all banks product disclosure sheet that all Islamic banking products are based on profit sharing.
Thanks again for your hard work, Go dig out more     

For those with children, can go with KFH 3.98% (got PIDM) for 12 months or more tenures. Click here to my FD Page.

Thanks to bbgoat & nakedtruth.

Looks like I will have to put on a thick face next month to renew my FDs at a higher rate since the higher rate is not automatic/maintained.

Cheerio.

One thought came to my mind a few days ago. Someone raised the question about getting multiple FDs when the amount is large. Tied to the large amount is the ability to negotiate for a higher rate.

Now, the potentially good part is, in the event that one needs to prematurely withdraw some money, then one can terminate one of the FDs without loosing out interest on the rest and also still keeping the higher rate for the remaining FDs.

This is of course provided the bank does not keep track that these FDs are supposed to be a package for the higher rate and does not allow customer to partial withdraw.

Anyone has experienced this?

Cheerio.

It's very low compare with Malaysia

Just noted one surprising thing with FDs even though I have done more FDs than my fingers and toes! Ha.

I had a FD with BR on 16-5-2013 for 6 months. Just noted that the maturity date is 18-11-13 and not 16-11-13. Why? They adjusted it as 16-11-13 will be on Saturday. So they used the next working day. FDs with other banks do not adjust for this.

Interest included for the 2 days extra? I think so, will confirm as I cannot remember what is 6 months rate now.

Just for sharing.

Just received the invitation cards today.
This makan function is not the local branch function. It is organised by BR headquarter for all the branches of BR in Penang.

I heard  there are a total of 7 branches and they invited  more than 100 pax.

Find out from your local BR branch not to miss out.

Forever BR supporter..

... across everything from 12, 24 and so on ... at first they told me only for 60 months and 60+ months, then a few minutes later they come back and told me all is effected - 12, 18 and 24 also ...

That is a more likely number, I was thinking of that shift of a decimal point. 

Not really troublesome. Just need to deposit at least RM 1000 into Smart Savers
on any day of the month for 3 months.

Work harder a bit loh if want to make more money..

I always optimize to 2.9%, never missed one time... 

I was wondering can we IBG money into Smart Savers account rather than
go to OCBC bank every month?

When you renew, it will be at prevailing rate 

Is BR under PIRM protection ??

Their outstanding loans qualities were bad.

At least one of their bridge loan amount 100M to the malay developer in Selayang project was going to become NPL.

The project was going to abandon, they can't even delivered the first batch houses to buyers.

This is my little advice to ppl love to place their hard earn money to get just for higher interest.