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 Fixed Deposit Rates in Malaysia V6.1, Please Read Post #1

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BoomChaCha
post May 22 2014, 11:44 PM

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QUOTE(davinz18 @ May 22 2014, 09:35 PM)
tis time reduce again or up abit?  hmm.gif
*
According to economists, it should go up..
Hopefully biggrin.gif

This post has been edited by BoomChaCha: May 23 2014, 01:19 AM
bbgoat
post May 23 2014, 07:42 AM

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QUOTE(MNet @ May 22 2014, 07:47 PM)
BR revised the rate again?
*
QUOTE(davinz18 @ May 22 2014, 09:35 PM)
tis time reduce again or up abit?  hmm.gif
*
QUOTE(BoomChaCha @ May 22 2014, 11:44 PM)
According to economists, it should go up..
Hopefully  biggrin.gif
*
I don't think they changed their rate at this moment. Note MNet was just asking the question.

I was there on Wed to place new FD. Need to catch up with Millionaire Guy. tongue.gif

But by starting of Q3, hopefully FD rates will go up. rclxms.gif

This post has been edited by bbgoat: May 23 2014, 07:43 AM
tbheng
post May 23 2014, 08:11 AM

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QUOTE(bbgoat @ May 22 2014, 07:49 PM)
Already put in the max amt to EPF. Wish me luck !  tongue.gif  I am quite sure it will turns out to be O ..........K ................  tongue.gif
*
Wow, another year max out? notworthy.gif notworthy.gif thumbup.gif
One shot one form or multiple forms/visits?
Avangelice
post May 23 2014, 08:56 AM

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QUOTE(BoomChaCha @ May 22 2014, 07:34 PM)
How to become an IQ member of OCBC?
What are the benefits of being an IO member?

Thank You
*
IQ members are only for staffs that worked with corporate companies that open pay accounts with ocbc.

PErks you enjoy are lower loan rates for housing/hire and purchase and better and faster service.
Avangelice
post May 23 2014, 08:58 AM

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QUOTE(bbgoat @ May 22 2014, 07:49 PM)
Your "Berjanka" is the same as what BCC mentioned below. So no need to see my cert of "Mubeen" lah.  tongue.gif
Already put in the max amt to EPF. Wish me luck !  tongue.gif  I am quite sure it will turns out to be O ..........K ................  tongue.gif
*
what is the max ammount? and can you put money in epf? i didnt know that
bbgoat
post May 23 2014, 09:20 AM

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QUOTE(tbheng @ May 23 2014, 08:11 AM)
Wow, another year max out?  notworthy.gif  notworthy.gif  thumbup.gif
One shot one form or multiple forms/visits?
*
Cannot bluff the old timer in this forum. sad.gif You recall what I have said last year cry.gif

Luckily this time did it in Public Bank, one form and pretty fast some more. rclxms.gif biggrin.gif

This post has been edited by bbgoat: May 23 2014, 09:21 AM
esy
post May 23 2014, 01:52 PM

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... frankly, I am actually quite worry of epf where it is also my largest life saving as well -- if you guys know where I am going with this. Even though they have declare good payout dividend ...

davinz18
post May 23 2014, 05:02 PM

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QUOTE(BoomChaCha @ May 22 2014, 11:44 PM)
According to economists, it should go up..
Hopefully  biggrin.gif
*
who? BNM Zeti? hmm.gif
BoomChaCha
post May 23 2014, 07:19 PM

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QUOTE(bbgoat @ May 23 2014, 07:42 AM)
I don't think they changed their rate at this moment. Note MNet was just asking the question.

I was there on Wed to place new FD. Need to catch up with Millionaire Guy.  tongue.gif

But by starting of Q3, hopefully FD rates will go up.  rclxms.gif
*
I am curious how BR is going to react if OPR goes up in July..? biggrin.gif
Q3 again..? biggrin.gif take note first.. Thank You

QUOTE(Avangelice @ May 23 2014, 08:56 AM)
IQ members are only for staffs that worked with corporate companies that open pay accounts with ocbc.

PErks you enjoy are lower loan rates for housing/hire and purchase and better and faster service.
*
OK.. Thanks

QUOTE(Avangelice @ May 23 2014, 08:58 AM)
what is the max ammount? and can you put money in epf? i didnt know that
*
Yes, you can deposit fund in your EPF account (age from 18 to 75), usually I
use form 6A(1) ---> self contribution
Download form 6A(1):
http://www.kwsp.gov.my/portal/en/web/kwsp/...er/all-epf-form

Max amount is RM 60K per year.
Min amount is RM 50 per deposit.

You can make self contribution in some KWSP branches and 4 banks as below:
(1) Public Bank
(2) RHB
(3) BSN
(4) May Bank

This post has been edited by BoomChaCha: May 23 2014, 07:24 PM
BoomChaCha
post May 23 2014, 07:26 PM

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QUOTE(esy @ May 23 2014, 01:52 PM)
... frankly, I am actually quite worry of epf where it is also my largest life saving as well -- if you guys know where I am going with this. Even though they have declare good payout dividend ...
*
Ai..no need to worry too much la..
If worry then put in small fund loh...

If something is wrong with EPF, almost all Malaysian will get affected;
especially the 1.5 million government workers will make big noise..

EPF cannot afford to make big mistake la, but a very small mistake maybe
we can tolerate la...but on condition that our money is still there... sweat.gif

QUOTE(davinz18 @ May 23 2014, 05:02 PM)
who? BNM Zeti?  hmm.gif
*
BNM Zeti said the OPR would be adjusted in July only.

Other Economists said OPR should go up by .25 point in July.. smile.gif

This post has been edited by BoomChaCha: May 23 2014, 07:38 PM
Avangelice
post May 23 2014, 08:42 PM

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QUOTE(BoomChaCha @ May 23 2014, 07:19 PM)
I am curious how BR is going to react if OPR goes up in July..?  biggrin.gif
Q3 again..?  biggrin.gif    take note first.. Thank You
OK.. Thanks
Yes, you can deposit fund in your EPF account (age from 18 to 75), usually I
use form 6A(1) ---> self contribution
Download form 6A(1):
http://www.kwsp.gov.my/portal/en/web/kwsp/...er/all-epf-form

Max amount is RM 60K per year.
Min amount is RM 50 per deposit.

You can make self contribution in some KWSP branches and 4 banks as below:
(1) Public Bank
(2) RHB
(3) BSN
(4) May Bank
*
thanks mate. another question. IS the return for EPF better vs fix deposit?
bbgoat
post May 23 2014, 08:46 PM

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QUOTE(BoomChaCha @ May 23 2014, 07:19 PM)

Q3 again..?  biggrin.gif    take note first.. Thank You

*
Have been "betting" on Q3 since early this year, remember ? biggrin.gif


QUOTE(BoomChaCha @ May 23 2014, 07:26 PM)
Ai..no need to worry too much la..
If worry then put in small fund loh...

If something is wrong with EPF, almost all Malaysian will get affected;
especially the 1.5 million government workers will make big noise..

EPF cannot afford to make big mistake la, but a very small mistake maybe
we can tolerate la...but on condition that our money is still there...  sweat.gif
BNM Zeti said the OPR would be adjusted in July only.

Other Economists said OPR should go up by .25 point in July..  smile.gif
*
Thank you for the comforting words ................ If EPF is into problem, can't imagine what will happen. Have faith ...... smile.gif
bbgoat
post May 23 2014, 08:48 PM

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QUOTE(Avangelice @ May 23 2014, 08:42 PM)
thanks mate. another question. IS the return for EPF better vs fix deposit?
*
What lah, are you not in Malaysia ? shakehead.gif

EPF gave out higher return than FD for so many years already ...................... rclxms.gif
Avangelice
post May 23 2014, 08:54 PM

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QUOTE(bbgoat @ May 23 2014, 08:48 PM)
What lah, are you not in Malaysia ?  shakehead.gif

EPF gave out higher return than FD for so many years already ...................... rclxms.gif
*
something learnt today. thank you
cybpsych
post May 23 2014, 09:54 PM

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QUOTE(bbgoat @ May 23 2014, 08:48 PM)
What lah, are you not in Malaysia ?  shakehead.gif

EPF gave out higher return than FD for so many years already ...................... rclxms.gif
*
Boss, for epf self contribution, the amount will eventually split to 70%/30% for Account 1 and Account 2 respectively?

Possible to choose which acct to be credited?

This post has been edited by cybpsych: May 23 2014, 09:54 PM
bbgoat
post May 24 2014, 08:31 AM

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QUOTE(cybpsych @ May 23 2014, 09:54 PM)
Boss, for epf self contribution, the amount will eventually split to 70%/30% for Account 1 and Account 2 respectively?

Possible to choose which acct to be credited?
*
We cannot choose which acct to deposit the money. smile.gif
cybpsych
post May 24 2014, 08:40 AM

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QUOTE(bbgoat @ May 24 2014, 08:31 AM)
We cannot choose which acct to deposit the money.  smile.gif
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oic. thanks!
1282009
post May 24 2014, 07:21 PM

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Anyone received this sms?

UOB - Enjoy 3 months FD up to 3.6% when you open eAccount with RM10k min.

I could not find the info in the website. Is the eAccount = eFD or another account?


cybpsych
post May 24 2014, 07:32 PM

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QUOTE(1282009 @ May 24 2014, 07:21 PM)
Anyone received this sms?

UOB - Enjoy 3 months FD up to 3.6% when you open eAccount with RM10k min.

I could not find the info in the website. Is the eAccount = eFD or another account?
*
here https://forum.lowyat.net/index.php?showtopi...&#entry67883499

guess uob reduced the min eAccount deposit from 50k to 10k hmm.gif
1282009
post May 24 2014, 08:42 PM

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QUOTE(cybpsych @ May 24 2014, 07:32 PM)
here https://forum.lowyat.net/index.php?showtopi...&#entry67883499

guess uob reduced the min eAccount deposit from 50k to 10k  hmm.gif
*
Thanks, missed that info previously. Based on that, I will stick back my eFD with MBB - less hassle doh.gif



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