outside still ok, the inside quality i really doubt can be long lasting.

cheapo,be careful if broke during throwing in airport.

why cannot last 5 years?
time flies,5 years zoom zoom past.

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

Another OPR hike: Too soon?
http://www.thestar.com.my/Business/Busines...nground-sentim/

Read in yesterday China Press that OPR will increase in Sept. Anyway diff opinions expressed by various experts. Just have to wait and see in Sept.

Ah Cha Cha, you never know if you will live past 100 !

Actually I concur with some of the opinions that if we just renew yr by yr, then might as well go for 5 yrs to get higher rate. Not all our funds can be tied up for 5 yrs. But obviously some can be done, if we have extra funds (not if in debt/loans to pay).

I just noticed recently AMBank can transfer max RM10k intrabank & RM20k IBG online but only RM5k via ATM.
Sometimes you would need to check if the limit under preferences is set lower then tha maximum possible.

bank rakyat max 5k per day IBG already confirmed by customer service

It is the responsibility of Bank Negara to regulate the economy growth, money supply, inflation etc..the tool BN uses to regulate this, for example the inflation rate is OPR. Thus it is not a question of too soon or too late. It is the need arises to regulate the economy that required the OPR adjustment

RHB limits its IBG to 5k as well.

IBG limit not a big concerm for me.

All depending on BNM judgement.

eh IGB limit not 10k/day ah?

Depends on particular bank to set limit.

Oh..I see


No need the get the ATM card for each saving account; for me, one ATM card for the
purpose to withdraw money is good enough already



These are the 3 scenarios about the influence to MBSB 4.7%
(1) This is what I think, I could be wrong:
Regardless of the OPR will raise or not in Sept and Nov, MBSB most likely will not
revise their 4.7% when they are still in the middle of negotiation with CIMB and RHB.

(2) This is the fact:
If MBSB, CIMB and RHB can merge successfully, then a new bank will form officially
on 1 January 2015. Then this 4.7% FD will be not be offered anymore, but all existing
4.7% accounts prior the merger will continue until the maturity date.

(3) This is the fact:
If MBSB cannot merge with 2 banks, then MBSB is still offering 4.7% as usual, and
this is possible that MBSB will revise their 4.7% based on the OPR change.

Conclusion:
So will MBSB merge successfully with 2 banks or not?
MBSB staffs say this is a big possible that MBSB will merge successfully,
I think we should go ahead to take 4.7% now before it is too late..

What do you think?

I think so.. Ai.. just go ahead to put at least some money since 4.7% is available now.
This is a gamble I think we should take.

Did not get what you mean ? Only 1 Affin SA. Do you mean for all banks just get 1 ATM card ?

For your 1 & 2 situation, MBSB will not revise their rate. If no merging, yes likely they will revise it. So once committed, cannot withdraw (lose interest) for next 5 years if no merging.

Well, I vote that they will merge. So, next week still plan to place the 5 yr plunge. Gift:

http://www.mbsb.com.my/misc/Flyer_PromosiPremiumGift.pdf



This post has been edited by bbgoat: Aug 23 2014, 07:41 PM

mbsb only share merger not entity merger

If the deal goes through, I expect them to put an end to the 4.70% FD. In that case, we should deposit $$$ before the official merger, regardless of the movement of the OPR.

If the deal goes south, then no worries. The rate will be available for a certain period of time. The only major decision to make is the timing of the FD placement. As for me, I will not bother whether MBSB will raise its rate or not. When the chips are available, I'll put those chips in MBSB to ensure that I enjoy the highest rate possible instead of playing the waiting game. In the event that MBSB does raise the rate, I'll let other batch of chips to be played in MBSB...thus ensuring that I always get the highest FD rate offered in the market for my chips.


With all the turmoil surrounding BR, you still wanna put your chips there for long term???


Even if you missed this one, at least you can still enjoy 4.70% - 4.90% rates from other FDs placed with MBSB & BR, while I sit on the sideline sucking my thumb

Thank you but impossible lah..

Yes, agree, and this can save our time, money and energy to chase for musical chair..

Yes, I mean just need to get one ATM card from one bank is enough even if we have many
saving accounts from various banks. Because each ATM card's service fee is RM 8 per year.

Yes, agree with you.

Final conclusions:
(1) If MBSB merge with 2 banks successfully, and if we can place 4.7% FD prior to this merger,
then we win for 5 years.

(2) If MBSB fails to merge, and we place 4.7% FD prior to this no merging news, then we lose
for 5 years.

Okay, please share with what premium gift will you get from MBSB..