Saw in China Press yesterday's paper that BNM may raise OPR in Sept. I still think probably in Nov.

Looks like BNM may Raise OPR in Nov, because Sept is too near from the last round..

Are you currently pursuing a graduate course in a university?

I thought you do not prefer to put your $$$ into FD that yields less than 5%...why the change of heart?

Why not add the $$$ into your ASG...if your account is still active?

Traditionally (so many years already), I have been putting my money into FD. So yeah, I am use to ~3% pa interest. An additional increase in interest rates is most welcoming. I am looking to diversify with FD forming the backbone of my savings. ASG is just to see if those can make money. Keep it and don't withdraw.

If that is the case, then you should be familiar with PIDM vs non-PIDM matter...it's not a tough decision

Evaluate your decision & select a course of action that you are most comfortable with...4.70% is considered a high rate for the time being, but your $$$ kena hold for 5 years & no PIDM protection.

Therefore, to place or not to place in MBSB?

I usually put in PIDM banks. So, I have no experience putting in non PIDM banks But was considering MBSB. But my parents strongly object. I will put in MBSB or other place with high interest for FD in the future when I am earning my own money. Hehe...

I like FD as it is easy and good money. No need to moniter and yet still earn good money.

1. MBSB belongs to EPF.

2. PIDM or not, will EPF/BNM allow MBSB to fail? Consequently the whole banking system in M'sia will collapse too!

3. Eventually MBSB will merge with CIMB-RHB. Even if the merger fails, I think EPF will merge MBSB with RHB.

Methink the 4.7@ 5-yr FD is a good bet, especially if it inches closer to 5.0%!

just my 2 sens...

Oh, so you really are in the midst of completing your degree

The experience of placing a FD between PIDM & non-PIDM protected intitutions is almost the same...except for some glitches on occasional occurences

PIDM will come into play when a member bank kena TKO...but that hasn't take place in Bolehland...yet.

Your parents are finacially savvy kot? More inclined towards property, UT & stock



Does it mean that you will pump more $$$ into MBSB to enjoy the rate & gifts?

This post has been edited by HJebat: Sep 5 2014, 08:39 AM

All eyes on next rate hike
http://www.nst.com.my/node/30088

looks like it but waiting to see the new BR rates... will it ever come out?

Last week they told me end of Aug or early Sept. So lets wait & see.

Even if BR does come out with a revised rates (could be downward again ), I personally do not think it can pit against MBSB's 4.70%...but then I could be on the wrong track.

Yes, that's true but I wouldn't want to place ALL of my $$$ into the 5-year FD. Otherwise I'll be out of the FD game for 5 long years...

Whats with the worry with 5 years at mbsb?
if you feel other's better just leave mbsb lah , they just minus out whats taken from u in advance and move on lah...

All this waiting is wasting time!! Everyday Counts!!!

M2c !!!

Hi TS,

Am still new with FD but would like to learn more.
Was browsing through the thread and saw the average calculation for interest rate.
Not sure if i am doing it correctly as per attached file

(4 months interest rate / 12) *4 ?

While browsing, for amount 5-10k, is Affin Bank still recommended?
When i go to Affin bank website, i total up all the 12 months rates then divide the total sum by 12 and the interest rate is just 3.4% average.
Please correct me if i am wrong.

Appreciate your input on the queries.

Thanks in advance


Attached image(s)

Hong Leong newest rate for FD is 3.70% (6 months) and 3.85% (12 months). Minimum is 10k.

Where can I find this info? Can't see it in HLMach or HLB ..

Just went to Hong Leong this afternoon. The staff showed me the new rates.......

No, They only put FD That is why I am planning to look beyond FD

This post has been edited by Ramjade: Sep 5 2014, 05:45 PM

looks like the CIMB-RHB-MBSB merger is going through! = http://www.therakyatpost.com/business/2014...fidential-info/

This post has been edited by giko: Sep 5 2014, 06:23 PM