Rm 5000 /100 x 3.6% = RM 180
RM 180 / 365 days = RM 0.493 interest per day
# RM 0.493 x 365 days = RM 179.99 total interest

Niasing lah, that means the bank's calculator got not enough decimals, not mine!
Where can liddat?

180 / 365 is 0.49315068

This post has been edited by idoblu: Aug 1 2014, 05:43 PM

Refer to the first page:
https://forum.lowyat.net/topic/3190807

Buy calculator for the bank

thank you affin i my current choice.. mb wait september only renew.. expecting to increase BLR and OPR, our FD also increse 3.8% yearly...

why no bank rakyat takers.. should be 4.1%.. that PIDM really that important?

BR got some "issues". refer previous post (aka our "arguments")

We have BR fans here, including me..

About PIDM... This depends on personal preference la..
Some people want to drive a car with air bag; but some do not mind without air bag..

The other day I was at CIMB, I look thru their TV screen for their latest FD rates. It says 1m=3%. Now I found out it is 3.25%

So what reasons do I have to move my money to Affin? Same rates now....
I do hate how CIMB's FD cert is tissue thin.....hmmm...

enlighten me please... be glad to learn with all taikors here...

the BR FD is what? some investment or what? so tempting leh..

10k, 4.1 %= 410
100k, 4.1%= 4100 yearly..
1million, 4.1% but can nego= 41k yearly

can just tell the main problem.. some hidden charges?

I started doing that 2 weeks ago to track my SA....................

RHB FD cert also rather thin. Save more trees !

the Affin bank slips is better got class and cover.. maybank also cheap papers.. and ugly and non transparent covers..

ya .. but sense of security maa.. the worse is HSBC bank... 2 time i shocked.. 1st time fill online.. ask to go home and no slips just print out of acc number

2nd time around worse.. just sign some withdraw money form.. ask me to wait at home and it will reflect online..

waited 2 days only posted.. rates not so nice too 3.25 nia.. and no slips wor.. is this standard? or they bullying me?

any other funny banks like this.. give me heads up please... joker..

Yup affin one nice and thick....lol

Very funny... ha ha..
Thanks for the fun...

This post has been edited by BoomChaCha: Aug 1 2014, 06:22 PM

I am crying over so many RM deducted by banks as calculated by you some days back !

A big lesson indeed. Never ignore any accounts in bank. At one time also got money sent to BNM but no notice received from bank. Just have to let it go as troublesome to claim back from BNM.

This post has been edited by bbgoat: Aug 1 2014, 06:23 PM

They never sent me any letters all these years, except the letter about FD account being dormant too long.
Yealo, plan to take out everything and close the account.

Thanks for the update I get from this thread, otherwise I also don't know which to go for. Good jobs guys!
Yup, heart pain leh money deducted just like that. really need to record down liao.

Oh... I am sorry to hear about this..

What kind of money was sent to BNM?
FD? Saving account?

Regardless how troublesome is it, I suggest you to claim back the money
since it is your money, unless the money is too small for you..

Previous years did receive reminder from HSBC,MBB & PBB. Then took action to re-activate.

It is a SA. Not much in there. Need to get Commissioner for Oath to sign documents etc. Troublesome, just let it go.

bearbear These are what the staff told me:
1. The Affin 15m 4.05% promo...it is a straight forward FD

2. SA is mandatory...principal + interest will be credited into the SA upon reaching maturity date

3. The RM20 is for ATM card, RM100 for passbook

4. FD withdrawal from other branch is allowed but limit to a maximum amount of RM50K