I've found this dicscussion is really helpful and interested ones nice will continue get latest feeds without have to scoring the bank websine one bye one somemore not updated

Yes, can consider to put some money in MBSB for 5 years; but I think
EPF is a better option for people who close to 50 years old,

I think the only way is either IBG or Rentas to your MBSB saving account.
If you go to MBSB personally, then can bring check.

if u have any info on FD promo,new rates, bank sms u etc. Please do update here.

sharing is caring

Better to double check with OCBC to confirm.

Thanks for the update..

If for big amount, I would rather to take Affin 4.05% for 15 months, just place extra
2 more months and to get additional 0.15% FD rate, I guess Affin is a better deal.

This post has been edited by BoomChaCha: Aug 5 2014, 04:26 PM

Yes, and 12 month OCBC deal also just as good. Some might prefer to get their money back 1 month earlier to 'catch' deals.

Any links for the AFFIN 4.05% for 15 months fD?

I mean URL links

Next year Merdeka FD promo..?

RHB usually will have this Merdeka FD promo...

Good point about Merdeka FD promo..you are very steady Ha ha..

So, you are right, if for anybody who wants to place their FDs within this month, 1 year
FD is probably the best deal in order to match with next year Merdeka FD promo..

But for my style, I would go for whatever FD is the best deal available now.

This post has been edited by BoomChaCha: Aug 5 2014, 05:17 PM

Guess I will just on average put some FD on 12/15 months FD and some shorter term then.
Now deciding between Affin & RHB,


Very simple:
Total annual interest
------------------------ X 100
Total funds

I cannot find the URL either.
But this Affin promo is available until 30 December.

I went to Affin yesterday, I did not see any flyer about this FD
in the bank, then I asked the teller, the teller showed me an
A4 size print out about this FD promo, then I asked for a copy,
but she kept quiet...

There is another Affin FD at 4.10% for 15 months, but it requires
additional 20% fund to lock in SA for 15 months.

why like that one?
they wan people to put money or not? staff sabotage?

This is true, I walked in yesterday and I was hoping that I could get a FD promo
flyer so that I could share with you guys here, but I did not see any 15 months FD
promo info inside the bank until I had to ask the teller.

The A4 size print out looked like for their internal use.
No sabotage la.. The female staff was quite polite to customers..

The 15mth FD promo for selected "privilege" customers only? (based on the A4 size print which looks like for internal use & lack of flyers)

This Affin 15 months FD promo is available for all regular customers.
Maybe Affin just came out with this FD promo not long ago, and I think
they are probably in the middle of printing the promo flyer...?

I only saw one big size of OMG promo board (about 5 feet height) displayed in
their office hall, and also a lot of OMG promo flyers...

But no promo flyer for their 15 months FD at all.. very strange

The main good thing about RHB 15 months FD promo their FD interest payout every 3 months.

But I personally do not like RHB to lock additional 5% fund in CASA for 3 months and this means
that you will need to spend time, money and energy to look for another new FD promo for
your 5% fund in 3 months later.

And I do not think RHB will terminate this FD promo after the merger.

I am not sure if Affin 15 month FD is eligible to participate in OMG or not?
http://www.affinbank.com.my/General/Whats-...uble-Bonus.aspx

Let's say if place low FD rate for short term now and in exchange for next higher FD rate for long term in a right timing, then in average this is not a dilemma, but this is a success..

In conclusion:
(1) if confidence the next OPR will increase soon, then put short term first, then long term.
(2) if uncertain the next OPR will increase or not, then just pick long term

Agree or not..??

This post has been edited by BoomChaCha: Aug 5 2014, 07:51 PM

When I placed there was no bunting about this promo, and they also show me the A4 black and white details flyer. No issue placing though. In fact the CS asked me how I hear about this, I just mention 'saw it online'.

2 days ago Went to RHB inquired on the 15 month step up FD. Average up the FD for 15 month is roughly 4%. The plus side of their step up is you can stop anytime after 3,6,9,12 months.

For simplicity calculation and ignoring the 5% FD in CASA,

3 months <3.48%
6 months <3.58%
9 months <3.68%
12 months <3.78%

5% FD in CASA should not be a concern. With the banks competing for FD, who knows after 3 months there will be a better offer.

For 10k FD, 5% means only 500
For 100k FD, 5% is RM5k. Should not matter much if there is a drop in FD rate when mature.

My RHB FD mature tomorrow. Most likely I will go for 12 months if their 3.88% FD promo still available.

I'm more interested on why there's no flyers or any other promo materials.
Maybe like what BCC said, new promo, late in printing promo flyers

Called them and the staff said it's eligible for OMG and currently 2X chance as part of Merdeka promotion

I will be placing some bullets in 15month RHB step up due to the conveniences