Have bought one from CIMB getting returns of 5.2% every 3 months. 10 yrs and callable, regretting it !

CIMB Klibor, note callable !!
http://www.cimbbank.my/index.php?ch=cb_per...k&tpt=cimb_bank

Well, you have to take what you think is the best deal vs what may or may not come later. You also "lose" interest for shorter term FD.

Affin has various FD promo at diff times. This one will deposit after 15 months into SA. No auto renewal.

Also unless you ask, they would not mention the 15 months FD promo. Kind of strange.

This post has been edited by bbgoat: Aug 20 2014, 11:47 AM

What does 'callable' mean?

EDIT: Means if its performing too well the bank will 'call' it out and give you back interest earned?

This post has been edited by LostAndFound: Aug 20 2014, 11:55 AM

Yes, callable means the bank can call off the deal anytime. Instead of locking your funds for 5 years, they might call back after 1 year. Interest is usually paid quarterly, so after one of the interest paid, they will credit all your capital back to you also. Then you go find other things to invest in.

u got a point there.. either way, still earning so
thanks for the info.. but u do have big tolerance, 15 months. even 12 month i also but thats just me.. impatient

Just back from BR Uptown. They are having their Hari Raya open house today, just so happen I was there so I told them you should inform. The teller said only selected customers were informed.

They had the usual fare like satay, beef rendang, lemang, roti jala, asam laksa, curry chicken.

Just an update for RHB, the next best account besides Bonus Save is Max Save, not My Save as balances RM1,000 to RM10,000 gets 0.6%

So you have bought this type of products ?

Well, even planning for MBSB 5 yrs 4.7% next week.

Yea, last time got buy before. Also got called back.

recently withdraw my FD from BR. Notice 2 things here

1) If your maturity date falls on Public Holiday although you opt for automatic renewal the renewal date will not be on the Public Holiday but the next day of the public holiday. Not aware of this all this while.

2) BR don't issue cheque/bank draft when you want to uplift your FD. Either will transfer to your existing BR saving account or others bank account. RM2 charges applies.

Gonna park my FD in MBB 3+3.. or anyone have better suggestion?

This post has been edited by nakedtruth: Aug 20 2014, 05:09 PM

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

hi , just to confirm. You have to open 2 accounts to be entitled to the luggage right? One e-account and one FD with ratio 30:70.

Making the effective rate not 4% .

Haha, well, not exactly gate-crash it but if you are conducting some transactions with them then is ok.

Ooh well I'm not. So I'll just have to settle for chap fan only

yes. effective only 70% x 4% = 2.8%

but is it only 5k commitment for 3 months. a very small price to pay for luggage set of 3.

True, thanks for info.

How u transfer $$ from bank rakyat/maybank to MBSB?

My guess is your placement with BR reached or exceeded RM100k, thus enable you to receive those gifts. Previously, RM50k was enough

The MBSB branch that I frequented is indeed always uncrowded. If it weren't for the presence of the staffs there, I'd have thought that it's an abandoned office

I used my MBB cheque lah. This was a fresh fund not from my other FD's.


The 1st BR FD was 100k (umbrella gift), the 2nd less than 100k (hand towel gift), & MBSB's FD was less than 20k but many more gifts. Yes, the glomac branch was deserted too...

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!