The crediting of the monthly interest issue is actually BR side not informing customer on one of their products which changed to 1st of the month crediting of interest. For new FD's, the interest crediting should still be the date that FD is placed. 
You mean the bank has already increased the loan repayment amount ? 

We are still waiting for July 10 BNM meeting.

Like what Top Goat mentioned last time,  this depends on the BR's FD products code/name.

For example, like my old BR FD (placed more than 2 years ago), it calls Mubeen.
For my Mubeen FD, BR will credit monthly interest to my saving account during 1st day of the month.
So far I have received 2 months of interest on the 1st day of June and July, respectively.

I have another BR 1 year FD calls Bejangka which placed last year December.
For my Berjangka FD, BR will credit monthly interest manually to my saving account based on the
FD maturity date.

I guess your BR FD is Berjangka, so you should receive your monthly interest based on
the FD maturity date.

You can see the FD product code (should be Berjangka) printed on the left bottom side of
your FD cert.
Based on BN traditional style, I think a sudden quick jump from 3% to 3.5% in July is impossible la.. 

No wonder for the past 1 month or so, there's huge marketing by those 2nd hand car dealer & also not forgetting those Recon foreign cars dealers/companies. Low downpayment, free gift, free service etc.

Oh.. so cool ah..

You not scared meh..? 
Can share why you still have confidence with BR despite the news..?

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

those in klang valley there is a affin at the curve, just outside coffee bean.

small outlet but not many people also

2. Affin 15m 4.05% deal - the cashier insist i must open a saving account (no book, no atm, no internet banking). Deposit RM20 for the SA. FD is straight forward 4.05% for 15 months, interest pay out when matured.

methinks it'll be in Nov too; Sep maybe too early after the Jul increase. furthermore BNM may wait to see what's in Budget2015 in Oct... 

How hurt is it? Can show the calculation please? 

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..?? 

The promo is on in Affin Islamic too.  I placed 3mths FD there at 3.55% after being told abt it by the Branch Manager who said it is for 'select' customers but then at min RM 10k fresh funds its hardly Privilege Banking standard! Was also informed that the promo rates are reviewed every two to three weeks by their HQ.

Opted for 3 mths instead of 12 or 15 mths because think OPR will go up again in less than a year and I can manually roll-over the principal+interest to catch the next wave of FD promos at better rates. Must remember FD's interest are not calculated on a daily or monthly rest basis. So will miss out on the compounded effect if the tenure is longer. In fact was thinking of the one mth term at 3.37% but even for this 'wo liao' (idle) auntie its a bit tiresome to keep track

If you can be bothered, the one mth is actually ok because you can instruct for the principal+ interest or the interest only to be credited to your savings account. Their Affin Plus account gives pretty decent interest for a savings acct.

What is the interest rate for bonus saver account? Tq

Oh.. Did you go there..? How was the food?
If can deposit before 4.00pm, check will clear on next following working day in the evening.
Thanks for the info.. I think I need to open a Bonus Saver account..

it's means that there's no OPR changes in Sept by BNM.

then why the CIMB economist say about possibility of OPR change in Sept, something she know that we don't know about

yeah i saw it. you mean we can actually gate-crash the party?

Are sure BR doesn't issue bank draft anymore? I kena RM2.00 in June although it was posted here that the cheque is FOC.
The branch from my area just held its open house last week. Only selected customers were invited.

Learned one gate-crash skill from you today. Next time just need to find out the time & date of the open house. Show up at the time mentioned to do simple stuff & gain entry to the party

good idea. have to get more "free" gifts from BR even tho it's in food form! 

Affin Bank Raya House In Taman Maluri
Date: 22 August 2014
Time: 10.11 am to 3.30pm
[attachmentid=4103765]

I see you guys there... 

FD fund that has transferred into BR saving account also cannot issue cheque? 
Ha ha.. I know how you feel.. but not to say malu lah, but feel a bit bad lah.. 
Mourning for the first 10 minutes loh... 

Oh.. I think this Affin Open House is only for FD depositors who will place
FD there? Right? 
If we simply walk in to eat, we will not be welcomed?

Nope as a lot of Banks offer up to RM10k transfer/day