No problem.. It is my pleasure..


Ah.. This is a gamble whether if you want to buy big or buy small..??

But I think since they will be PIDM after the merger, not to mention 5%, 4.7% is also impossible,
unless OPR increase tremendously...

I agree with your last sentence.
But I think I made a mistake in placing 15 months FD at effective rate 3.8x% with OCBC in April..

This post has been edited by BoomChaCha: Jul 17 2014, 08:15 PM

Torn between RHB 4.06 15mths and MBSB 4.7 60months ??
Here's my personal analysis.

A place FD in MBSB 4.7% 60mths
B place FD in RHB 4.06% 15mths

After 15 mths, B must find a FD renewal rate of 5.34% in order to match the interest earned by A in the next 15 months.

Will 5.34% interest rate possible in 15 months time ? No one knows, but I personally thing it is very unlikely.
However the disadvantage for A, is that he can't touch the money in 5 years.

In addition, (A) place FD in MBSB 4.7% 60mths will pay interest every 6 months..

Oh.. one thing suddenly came into my mind...

Will all existing 4.7% FDs in MBSB get PIDM protection after the merger..?

Or MBSB will offer 2 options to all existing FD depositors:
(1) If want PIDM, rate drops from 4.7% to 4.20% or lower
(2) If don't want PIDM, rate maintains at 4.7%

My guessing only...

This post has been edited by BoomChaCha: Jul 17 2014, 03:20 PM

Latest Promo.

Straight, no CASA things. MERDEKA PROMO!!!

Standard Chartered 3.7% PA for 6 months. Best!!

Effective today till Merdeka!!

MBB also, No CASA

First 3 months = 3.4%
Next 3 months = 4.06%

effective : 3.73% , interest payout every 3 months

I go MBB now, if can get brochure, will post here

This post has been edited by sweetpea123: Jul 17 2014, 05:07 PM


Attached thumbnail(s)

thanks for sharing, good temporarily 'parking' with rumour of rate going up again this year

come on MACH HLB, you always do better than them

So two banks giving FD promo for 6 months tenure only..hmm..

can i know the UOB 6 mths 3.65% promo need min how much? i can't find info on this promo in their website. Any other fees involved?

Why would one want to put in UOB for less interest... hmmm...
Go for MBB much better....

Interesting hypothesis. Instinct said no but they are under CIMB umbrella. So, yes, I think so. Rate wise should still be the same unless they revoke and return all deposit (with interest to date) to depositors.

How much better ?

Thanks for the analysis, interesting !

So I may play safe, split to both, RHB and MBSB. Win win situation. But at the end still RM250k PIDM protection after the 3 (include CIMB) merge. Ha ha ha.

Agreed! As long as we pay tax to the gahmen of the day...we are among those that "take advantage" of the common people especially the poor.

The gahmen used the public fund to bail out proton, bail out mas, erecting posh lamp posts in Putrajaya, buying special ink for the 12th GE and not using the ink during the election, sending some "moderate-performing" students to top universities, paying salary to MPs who debate about Datuk K & Siti Nurhaliza's wedding during Dewan Rakyat sitting and many more...

The money shoud be used to fund people’s education or subsidise our healthcare. Well, our hospital bills aren’t getting any cheaper & our education aren’t getting any better (yea, I know, very subjective matter).

So, by right (& following one's principle) we should stop/evade paying tax

By left *haha* just do what we think is correct & live life to the fullest

Maybe non-BR fans (with certain principle) should reconsider & comprehend

Of course now doesn't seem to be the right timing (again, very subjective) to deposit in BR...too much turmoil.

their rate are not attractive anymore to start with

what's the min placement amount for these 2 promos. may not be important to big players of fd here but important to small ikan bilis like me to know because i do not have much cash lying around

Still can't see the promo info in both website yet.

This post has been edited by zenwell: Jul 17 2014, 04:34 PM

I would not wait until Sept unless it is FD due at that time. That is the gamble we have to take.

How come some hebat guy quoting people, what happens in this world

This post has been edited by bbgoat: Jul 17 2014, 04:40 PM

Affin offer 3.70% for 12 mths wef 18/7

High risk (BR FD) comes with higher FD rate compare with PIDM (safe bank)
It worth to take the risk for juz few %?

an evergreen question, which actually keeps this thread busy.

can see there is a mixed camp - some love it, some stay away like a plague.

i m with the no camp, will not take the risk, will not support such shadowy entities.

This post has been edited by AVFAN: Jul 17 2014, 05:01 PM