Here's the promo pix and T&Cs. Thanks for sharing!



Source: T&Cs - English | T&Cs - BM

finally OCBC updated their page with the 18-mth FD promo. Known as Stand Up To Inflation Deal

Promo Page | T&Cs

finally, an official page and T&C for this.



Source: Maybank | T&Cs

HSBC Time Deposit Promotion [Full T&Cs]
16 June 2014 to 31 July 2014

3.70% interest per annum for 12 months tenure Time Deposit

4.00% interest per annum for 3 years tenure Time Deposit

Time Deposit (Eligible for protection by PIDM), fresh funds obtained from sources other than any existing account(s).

Min placement: RM10k. Max placement: RM3mil. Max. allocation: RM500mil, first come first serve.

Upon maturity, the Time Deposit will automatically be renewed for the same tenure at the prevailing board rate unless the Eligible Customer instructs otherwise.

This Promotion is open to all existing customers who maintain a current/savings account with HSBC Bank and new customers who must open a current/savings account with HSBC Bank (“Eligible Customers”). Eligible Customers shall not include corporate customers.

curious, most FD's T&Cs has a clause stating "..subject to OPR..."

does that mean if OPR increase, the FD's interest will be adjusted too? how does that clause works vs actual OPR change?

example is Maybank's FD Samba 6 Promo: http://www.maybank2u.com.my/WebBank/fdSamba120614_tnc.pdf

i was wondering how does the bank protect itself and also protecting our investment, if everything is based on OPR itself.

if sharp drop of OPR, means our interest rate will follow? how about increase? will the bank willing to increase the intesret rate as well (or just coy about it, business as usual)

no idea

just curious after the OPR revision discussion for the past few days. got me thinking about the impact to existing FD.

this makes more sense thx

Source: Maybank | T&Cs

Now extended to 10 July 2014

This post has been edited by cybpsych: Jul 11 2014, 04:58 PM

u mean RHB's 15-months FD promo?

here http://rhb.com.my/Whats_New/deposits/step-up-FD/

https://www.hlb.com.my/main/promotion/20140...-002-win-a-home

PBB also increased BLR. no sign of FD interest rate revision; most likely to be gradually introduced than BLR's from mid-July.



This post has been edited by cybpsych: Jul 12 2014, 08:08 AM

good info, sweetpea

any idea if fresh fund accepts transfer maybank savings account?

based on previous Samba 6 FD Promo, although it stated as fresh fund required, maybank savings account is accepted.

ok got some info from Maybank.

Fresh fund is inclusive of transfer from Maybank savings account.

3.73% effective rate for 6 months is quite attractive.

over the counter, cuz to get the fd cert.

at least saves my time travelling between banks and the banker's cheque charge too.

savings -> FD -> savings within same bank is my preference


i got one cert rolling with Affin's 12-month FD 3.60% p.a., next auto-renewal should be getting 3.70% p.a.

p/s: Maybank's eFD also revised

Citibank's revised FD rates effective 17 July:

1 month - 2.95%
3 months - 3.10%
6 months - 3.10%
12 months - 3.20%

MBSB's Kids Fixed Deposit
2 June 2014 until 2 December 2014 (6 months)

Tenure	Promotional Rate
6 months	3.38% p.a.
9 months	3.68% p.a.
12 months	3.98% p.a.
24 months	4.18% p.a.
36 months	4.28% p.a.

Min RM1,000 placement, age 17 and below (minor), mandatory to open Cheeky Savings Account for the interest payment purposes, interest monthly credited, no auto-renewal/rollover, upon maturity the principal and interest payment will be transferred directly to Cheeky account.

Source: MBSB | T&Cs

This post has been edited by cybpsych: Jul 20 2014, 07:57 PM

supposedly 2 more Kids Fun Branches to be opened in Penang and JB. donno timeframe yet.

MBB Merdeka 3+3 FD Campaign, is it safe to say that a RM10k placement will yield about ~RM186.50 since the effective rate is 3.73% p.a.?