seems like we will see the better days of fd rate soon but those that serve loan will pay more.

let the musical chair begin

BCC thanks for sharing

Correct to calculate as below?

((3.38/1.1) + 3.58 + 3.78 + 3.88 + 5.38)/5 = 3.939%

12 months one seem very good?

split to 4 quarters

((5/1.5) + 5 + 5 + 5)/4 = 4.583%

(2) RHB Ramadan FD Promo -- Valid until 31 August 2014
(i) 3.78% for 3 moths, put 5% into CASA*
(ii) 3.88% for 6 months, put 10% into CASA*
(iii) 4.28% for 9 moths, put 20% into CASA*
(iv) 5.00% for 12 months, put 50% into CASA*

*All have to put in CASA for 90 days.

we need clarification

this 1 also step up? i thought step up mia is 15 months?

BCC we need links for T&C

it state that you only need to maintain CASA for 90 days which make a whole lot of difference.

Anyway it does sound too good to be true.

Waiting for BCC to clarify, can't find more info on RHB site except the 15 months step up promo.

lol what promo is this....longer you put lower rate

thanks BCC for sharing anyway

both also don't make sense, i already email a RHB banker for more info.

Another step up promo, can ask them to fly kite.

3.63% for 12m with the whole world expecting OPR to raise, more like a bait lo.

BCC thx fir sharing.

it work out to be
1. 3.735%
2. 3.675%
3. 3.745%
4. 3.333%

does not include interest gain in CASA amount and i remove the capital as soon as they are free to be released. (i.e. package 1 the 5% removed from capital after 3 months)

Still a weird promo. better go for step up promo just 3 months more only.

all 4 package also for 12 months, just different rate and holding period for CASA. Which is why it is weird

seems like RHB has improved their 15 months promo;

http://www.rhb.com.my/Whats_New/deposits/s...D/#.U7pHrZSSzyQ

((3.48/1.05) + 3.68 + 3.88 + 4.08 + 5.38))/5 = 4.067%

First FD promo to breach 4% mark but 5% have to maintain in CASA for 90 days

This post has been edited by bearbear: Jul 7 2014, 03:10 PM

I think cannot transfer from CASA to FD, the 5% can only withdraw?

Easiest account to maintain should be as below;

http://www.rhb.com.my/deposits/savings-acc...basic_main.html

regulars here can go challenge BR liao

This post has been edited by bearbear: Jul 7 2014, 03:30 PM

i think they don't split in 95:5 ratio;

so to deposit 9.5k into FD, you need 475 in saving account.

But ya, whatever in the CASA can't go back into your FD from what i understand.

The FD accountholder and the CASA accountholder must be of the same party or in the case of joint account,
the FD and CASA primary accountholder must be of the same party as well.

Customer is required to hold new funds in RHB Current / Savings Account (CASA) as prescribed in
Clause 4. FD and CASA placement must be exercised on the same day. If the holding on the CASA
account is uplifted, customer will not be entitled to the Promotion Rates. RHB reserves the right at its
discretion to accord the FD Promotional Rate with our prevailing 3-month FD board rate respectively.

Question is; is this for the 3 months rate or total 15 month all follow board rate.

Also just realized you need to maintain CASA for 15 months as they deposit the interest every 3 months into CASA.

I will wait until the D day only decide, maybe rate go higher again

This post has been edited by bearbear: Jul 8 2014, 11:05 AM

has been revised to 5%, refer few pages back.

transfer out to other bank and back to RHB again, biasa la always promo need fresh fund.

malaysia sibeh boleh, now go buy their product need print T&C