Can I know what is the cheapest and fastest way to transfer from 1 FD bank to another FD bank with a large amount of FD (more than 100 thousand) . e.g

from CIMB bank to Maybank.

i.e. can eGIRO be used or I must personally go the bank to issue cheque ?

the problem is people don't read (Incl myself )

Eh giro up to 100k only meh? This one depends on banks?

For July 10th BNM meeting, people are guessing, 0, 25 or 50 basis points increase. Likely to be 25 first. 

I don't remember the limits, but I'm pretty sure I've done giro above 100k before at OCBC and UOB.

Edit: Checked back in 2012, OCBC definitely could. Affin last few months also above 100k for GIRO OTC. Unless they change the policy somehow. Next week will do GIRO with UOB, will ask them about the limits then if I remember.

We learn new stuffs everyday.
Sometimes they might change the limit without us knowing it also. Next week when I go UOB will ask about GIRO and Rentas limit and update here. If not mistaken, Rentas limit also not 500k.

Feeling sick, having the flu so went to bed early and yet to update Post#1.

However, this morning I did receive a message from an "online friend" at my facebook account that HLB Islamic Bank offering some Term Deposit Promo that pays up to 3.8% But when I checked I only found their Junior Term Deposit i promo.

Previously I have mentioned that HLB Junior FD is great because the interest from the FD are credited monthly into a Junior Savings Account that also pays interest (near to 1 month board rate) monthly. And I am pleased to inform you that this is also the case for HLB Islamic Junior Term Deposit i.



Updated above into My Fixed Deposit Page.

For these kind of promo, for example, where we need to maintain 5% in CASA for 90 days, do we need to manually go to the branch after 90 days to arrange transfer from CASA to FD or it is automatically done?

OPR increase, Property developers and second hand car dealers will be sad or not? 

I really hope the increase of OPR can make the property market price drop and let the
property speculators suffer from loss.

Recently all new property developers that without experience also come to this industry to
built new condos just like no need to use capital.

Hoping that FD rates increase too

Captain, When OPR increase, do the banks have the right not to increase their FD board rates?
Isn't this to be against the law?

Yes, that is the one that I mentioned some time back. That for those who deposit more than 1 mil in a bank account, bank will offer lower rate. But it seems that not all banks are following it. So it does depends on the particular bank.

http://www.cimbbank.com.my/index.php?ch=cb...&tpt=cimb_bank#

So it looks like CIMB for 12 months did increase by 0.25%. 

We should send a clear message to the gahmen that we the rakyat will not tolerate such nonsense. If all of us boycott BR, the gahmen will realise thier mistake. If everyone show the 'tak apa' attitude, in future worse scandal may appear and yes, it will affect us all.

I'm not sure what the membership criteria PIDM imposed.

but I do want to know why BR didn't apply for PIDM membership 

Aiyo.. Captain...    Rakyat money are all around...

I share 2 true stories here:

(1)
When I used to work as a stationery salesman many years ago, when I was trying to promote
some products to a court, the court's purchasing officer told me that I was late and they just spent all their budget and therefore no business for me, then they showed me about 20+ new laser printers sitting in their store room. They explained to me that they had to use all their remaining money before the year end even though they would not use these printers at all; otherwise the remaining allocated budget to the court would be forfeited by one of the government departments... 

(2)
I met one guy in the Fire Department lobby when I was waiting to see the Fire Department's purchasing officer. This guy suddenly asked me to teach him how to use his digital camera, he said he bought this digital camera at retail price and resell it to the Fire Department...

Then I asked him, why didn't he buy it from the digital camera distributor? He answered me that
he did not know any digital camera distributor, so he bought it from a retail shop...  

Buy digital camera at retail price also can make money... Steady or not..? 

Then how about MBSB? 
I did not ask him how much he made, quite embarrassing to ask him lah because
he was selling only one unit digital camera....

Captain, the astronaut went to the space with Russian rocket, and Tungku Abdul Rahman
submarine that has problem to dive under the water, jet fighter without engine are also Rakyat money ma..    And many more la...

I read from the newspaper that our astronaut will have a second trip to the space with roti canai
and teh tarik.. then how..? 

No, Captain, I do not like Gardenia bread, but I admit that Gardenia bread is better than Massimo
in terms of taste and marketing strategy... 

time to update MACH Hong Leong's new rate bro   

https://www.machbyhongleongbank.com/mach-fixed-deposit

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

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?

Not sure if anyone reported so far but UOB is increasing their board rate too effective 18 July (though nothing to shout about)
1 month 3.05%
6 months 3.1%
12 mths 3.3%

Wonder when is AM Bank increasing theirs?

Affin Bank Fixed Deposit Interest Rates (Counter w.e.f 18/07/2014)

1 month  3.25%
3 month  3.30%
6 month  3.40%
9 month  3.50%
12 month  3.70%

http://www.affinbank.com.my/General/Rates/...osit-Rates.aspx
RHB Bank Fixed Deposit Interest Rates (Counter w.e.f 18/07/2014)

1 Month  3.15%
3 Months  3.20%
6 Months  3.25%
9 Months  3.35%
12Months 3.45%
18Months 3.55%
60 Months 3.60%

Latest FD rates from AmBank wef 18/7:
1m - 3.15%
3m - 3.20%
6m - 3.25%
12m - 3.35%

Thank You
Thank You

FD Promos - Please update me if below rates are not updated. Thanks

Best 1 Month
(1) Affin 3.25% - by michaelho
(2) CIMB 3.25% - by michaelho
(3) Mach 3.15%

Mach FD Rates
https://www.machbyhongleongbank.com/mach-fixed-deposit

Best 3 Months
(1) OCBC, 4.5% + 3.0% (Premier Save Gold) = approximately 3.75% effective rate, valid until 30 Nov

(2) OCBC, 4.5% + 2.9% (Smart Saver) = approximately 3.7% effective rate, valid until 30 Nov
*ocbc Fd + smart saver applies to new smart saver or dormant account holders only. Those with previous FD + smart saver package when mature are not allowed to take up this package. - by gsc

(3) OCBC Islamic 3.55%,  valid until 30 Nov
(4) Am Bank 3.5%, valid until 19 September
(5) Mach 3.3%

Best 6 Months
(1) May Bank, 3+3, effective rate 3.73%, valid until 16 August.
(2) UOB, 3.7% pure FD, valid until 30 August
(3) Ambank 3.65%, valid until 19 September
(4) Ocbc Mederka promo at 3.75% (was 3.6%), pure FD, valid until 15 Sept - by gsc & munkeyflo
(5) RHB (3.48+3.68)/2= 3.58% with 5% FD in CASA – by gsc
(6) Mach 3.5%

Best 9 Months
(1) Am Bank 3.7%, valid until 19 September
(2) RHB (3.48+3.68 + 3.88)/3= 3.68% with 5% FD in CASA – by gsc

Best 12 Months
(1) OCBC Islamic 3.9%, pure FD, valid until 15 Sept or 30 Nov? – by gsc & munkeyflo
(2) RHB conventional RHB Islamic 3.88% pure FD – by gsc
(3) May Bank 3.85%, promo is tiered rate. Minimum 10k. One cheque one receipt - by munkeyflo
[attachmentid=4105225]

(4) Affin 4.10%, additional 20% fund in CASA, effective rate up to 3.85%, valid until 31 Dec 2014
(5) HLB 3.85%, Ends 31 Nov. T & C applies - by gsc (New added)
(6) RHB (3.48+3.68 + 3.88 + 4.08)/4 = 3.78% with 5% FD in CASA – by gsc
(7) Mach 3.6% - by FDInvestor

Best 13 Months
(1) UOB 3.9%, interest paid every 6 months, need RM 20 to open a SA, valid until 30 August - by X_hunter

Best 15 Months
(1) Affin pure FD, 4.05%, valid until 31 December
[attachmentid=4105229]

(2) RHB (3.48+3.68 + 3.88 + 4.08 + 5.38)/5 = 4.08% with 5% FD in CASA – by gsc

Best 24 Months - by munkeyflo
(1) OCBC,  valid until 30 Nov
First 12 months @ 3.8%
Next 12 months @ 4.20%
(effective rate for 24 months @ 4%)

OCBC Existing Funds - valid until 30 Nov - by munkeyflo
3 months @ 3.3%
12 months @ 3.5%

Saving Account Promos
(1) Hong Leong Bank's Member-Get-Member Programme
Received sms...bring a family or friend to open Hong Leong Saving account with RM5k deposit, both get gifts. Valid until 30 June 2015- by gsc & HJebat (New added)

(2) Affin's One Million Giveaway "OMG" Campaign - (New added)
http://www.affinbank.com.my/General/Whats-...--Campaign.aspx

MBSB (No PIDM) Kids Fixed Deposit Promo - Monthly Interest - Valid from 2 June until 2 December 2014
Links:
http://www.mbsb.com.my/misc/TnC_KidsFixedDeposit.pdf
http://www.mbsb.com.my/misc/Flyer_KidsFixedDeposit.pdf

FD Market Reviews
Real interest rate ends in positive territory last month - by wil-i-am (New added)
http://www.nst.com.my/node/25395

On the back of strong GDP growth, mixed views on rate hike in Malaysia - by wil-i-am
http://www.thestar.com.my/Business/Busines...s-on-rate-hike/

Economists divided on next interest rate hike - by gsc
http://www.propertyguru.com.my/en/property...m_content=links

Thanks so much to below Contributors: 
munkeyflo
McFD2R
pinpinmiao
gsc
cybpscyh
kingofong
FDInvestor
michaelho
wil-i-am
X_hunter
HJebat

Frequent frequent flier, Captain ! Really envy your life style, enjoying life while we are discussing >4% returns from FD ! 
First time that I put FD in one with CASA (Affin case). But felt that the rate is pretty good and 3 months is short. 

I guess everybody here did not place the 5% with MBSB at that time..? 

UOB FD Promo - Effective from 2 Sept until 30 Nov

(1) 3 Months - 3.7% and 4.00%
     (i) 3.7%, 8% in CASA. This means 92% in FD, 8% in CASA and hold for 3 months.
     (ii) 4.00%, 30% in CASA and hold for 3 months.

(2) 6 Months - 3.75% pure FD (was 3.7%)

(3) 13 months - 3.95% (was 3.9%), FD interest will deposit to saving account every 6 months.
     Open a saving account requires min RM 2K, but can withdraw it during the second day.