Fixed Deposit Rates in Malaysia V6.1, Please Read Post #1
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 Jul 10 2014, 11:14 AM
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Senior Member
4,821 posts Joined: Mar 2009 
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QUOTE(esy @ Jul 10 2014, 10:45 AM) ... less player less competition -- fix deposit rates included, but I am quite sure there is more to it than that ... it does make me wonder why banks are making promotion for rates, rather being straight forward and apply it to the board rates ... 2 reasons, from marketing standpoint, consumer buy on sentiments. dont you buy more because tesco go more cheaper promotion? second to track the marketing campaign results and fine tune for next one. .... |
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Jul 10 2014, 11:17 AM
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All Stars
18,399 posts Joined: Oct 2010
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QUOTE(Human Nature @ Jul 10 2014, 10:13 AM) Read from the other thread that MBSB, CIMB n RHB may merged. I wonder whether the RHB promo (and CC benefits) will be affected too. I wonder how long it takes to merge 3 corporation, > 1 year? |
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Jul 10 2014, 11:45 AM
Show posts by this member only | IPv6 | Post
#1083
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All Stars
26,520 posts Joined: Jan 2003
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QUOTE(MGM @ Jul 10 2014, 11:17 AM) I wonder how long it takes to merge 3 corporation, > 1 year? Hehe no idea..but we all know CIMB FD rates are sucky  |
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Jul 10 2014, 12:30 PM
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Senior Member
1,630 posts Joined: Jun 2006
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QUOTE(davinz18 @ Jul 4 2014, 05:08 PM) the problem is people don't read (Incl myself When i read the blog, I was swamped with tons of ads. )I just check the maybank2u on the funds transfer, again the limit for transactoin per day over internet banking is stil RM 10k. how to execute RENTAS ? |
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Jul 10 2014, 01:58 PM
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Senior Member
743 posts Joined: May 2014
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QUOTE(ccschua @ Jul 10 2014, 12:30 PM) When i read the blog, I was swamped with tons of ads. need perform rentas transfer at the counter.I just check the maybank2u on the funds transfer, again the limit for transactoin per day over internet banking is stil RM 10k. how to execute RENTAS ? sometime my lousy pc will freeze when open this kind of website  just avoid as much as possible. |
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Jul 10 2014, 02:31 PM
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Senior Member
6,614 posts Joined: Mar 2011
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QUOTE(ccschua @ Jul 10 2014, 12:30 PM) When i read the blog, I was swamped with tons of ads. RENTAS at bank counter. But CIMB offers a RM2 charge for immediate transfer, if you have CIMB online account. I just check the maybank2u on the funds transfer, again the limit for transactoin per day over internet banking is stil RM 10k. how to execute RENTAS ? But never use it before, normal IBG 10 cents.This post has been edited by bbgoat: Jul 10 2014, 02:35 PM |
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Jul 10 2014, 04:43 PM
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Senior Member
1,630 posts Joined: Jun 2006
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I check the cimb clicks, cant find the transfer that allow 500k. only 10k limit and that is for IBFT at RM 10k max.
do I need to apply for CIMB rentas ? |
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Jul 10 2014, 06:14 PM
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All Stars
26,520 posts Joined: Jan 2003
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http://www.thestar.com.my/Business/Busines...-rate-by-25bps/
http://www.bnm.gov.my/index.php?ch=en_pres...ac=3037&lang=en Bank Negara raises overnight policy rate by 25bps This post has been edited by Human Nature: Jul 10 2014, 06:15 PM |
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Jul 10 2014, 06:18 PM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield 
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so the musical chair begins
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Jul 10 2014, 06:21 PM
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Senior Member
2,539 posts Joined: Jan 2003
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Sui sui increase 25bps ! i will put 100k to the first bank offering 4%pa without the stupid CASA thingy.
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Jul 10 2014, 06:45 PM
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Senior Member
10,001 posts Joined: May 2013
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Will FD increase by 0.25% too or lesser?
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Jul 10 2014, 06:49 PM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield
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QUOTE(wil-i-am @ Jul 10 2014, 06:45 PM) Will FD increase by 0.25% too or lesser? not expert but previous 1 month all 3% just like OPR, so foresee will follow to increase? |
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Jul 10 2014, 07:04 PM
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Senior Member
6,372 posts Joined: May 2007
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time to wait for new fd rates.
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Jul 10 2014, 07:33 PM
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All Stars
11,308 posts Joined: Feb 2008
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If rate increase, will they automatically give me more interest when it's auto-renewed?
Summoning sexpert munkeyflo |
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Jul 10 2014, 07:36 PM
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Senior Member
918 posts Joined: Aug 2009
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QUOTE(idoblu @ Jul 10 2014, 07:33 PM) If rate increase, will they automatically give me more interest when it's auto-renewed? I think it stated that most FD will be renewed according to the prevailing board rate Summoning sexpert munkeyflo Hope got PIDM protected FD offering 4% for 1 year  |
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Jul 10 2014, 07:38 PM
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All Stars
11,308 posts Joined: Feb 2008
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Meaning yes?
Sapport BLR increase !!  |
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Jul 10 2014, 08:01 PM
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Senior Member
1,630 posts Joined: Jun 2006
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foreign fund rush to buy local stock market.
now market goes up, ringgit stronger, foreign fund multiply profits. time to lock in higher interest fd. my fd matures tomorrow, shud i uplift ? |
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Jul 10 2014, 08:13 PM
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Senior Member
6,614 posts Joined: Mar 2011
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QUOTE(Human Nature @ Jul 10 2014, 06:14 PM) http://www.thestar.com.my/Business/Busines...-rate-by-25bps/ http://www.bnm.gov.my/index.php?ch=en_pres...ac=3037&lang=en Bank Negara raises overnight policy rate by 25bps QUOTE(bearbear @ Jul 10 2014, 06:18 PM) so the musical chair begins Ha ha ha,  so the wait, the monthly FD paid off. Let's see the banks reaction to this. Yo yo yo ! |
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Jul 10 2014, 08:32 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City 
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The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 3.00 percent and 3.50 percent respectively...
what this actually mean?  Min OPR 3%, Max OPR 3.5%?  |
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Jul 10 2014, 08:34 PM
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Junior Member
503 posts Joined: Dec 2011
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I read an article somewhere and the FD rate increase will take time. The loans however, will take effect immediately. Anyone can confirm?
Feed: http://www.economicshelp.org/macroeconomic...interest-rates/ |
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