should be invalid. check your account tomorrow to see any balance difference.

Oh no, really?
I asked my RM last week and she didn't tell me anything about this. Really geram.
So I guess the Ampang's branch is the only option if I want. I wonder if I can open a new account there if I have an existing one elsewhere...

This post has been edited by pinksapphire: May 29 2014, 09:59 PM

elsewhere as in other banks or other FDs in OCBC?

actually, it doesnt matter. each FD is independent. even if you have existing FDsssssssssss in OCBC new FD doesnt "touch" it.

Any differences between islamic and conventional eFD?

besides the banking concept difference, islamic eFD's "interest" is based on PSR. convention eFD is based on fixed interest rate.

i placed islamic eFD for 6-mths tenure cuz the indicative % is slightly higher than conventional's. now i placed another eFD for 1-mth tenure, the conventional rate 3% pa is slightly higher than islamic's.

actually, not much difference if fund is around 5-10k. I was just trying out the eFD services.

if you're a muslim and prefers shariah-concept islamic banking, then choose islamic eFD. if you dont care, then any eFD will do. It's up to the individual anyway non-muslim can also enrol islamic eFD.

This post has been edited by cybpsych: Jun 2 2014, 08:36 PM

OCBC 18 Months FD Promo - Effective from 30 May to 31 July 2014

First 12 months: 3.6%
Subsequent 6 months: 4.00%

Effective rate: 3.73% (was 3.87%)

Minimum fresh fund: RM 10K
Maximum fresh fund: RM 5 Mil

Available in all branches.

This post has been edited by BoomChaCha: May 30 2014, 03:58 PM

That's the same as the combat inflation deal as above right? So it's for all branches? Looks good.

No, they are different. Last promo is better.

Yes, The current 18 months promo is available in all branches.

Last time it called Combat Inflation Deal.

Last time 18 Month FDs promo (this promo is still available in Ampang Branch only I guess):
First 6 months: 3.6%
Subsequent 12 months: 4.00%

Effective rate: 3.87%

This post has been edited by BoomChaCha: May 30 2014, 03:49 PM

Only thing I dislike is you don't get paid interest until after 545 days. Ok for small investment but a no no to me for large sum

Ahh. the 6 and 12 months is the other way round. Miss out on that. Tricky. So it's slightly lower now, but still alright la I guess.

Yes.... OCBC has reversed the tenure, quite tricky.. ha ha..

Suitable for those who are able to put away the funds for a long period of time and don't wanna think about it until 18 months later.

First 12 months interest will be included for 4% on subsequent 6 months?

Tricky, OCBC reversed their promotion rates. Anyway OCBC location NG for me.


Suitable for people like BCC (has 5 yrs FD in BR) and others like Millionaire Guy ..................

This post has been edited by bbgoat: May 30 2014, 04:07 PM

Those midnight counting asset 1 r

Yea, this one got? If not mistaken, previous promo will include the first 6 months interest for the next 12 months right?

BR still will give monthly interest right?

BCC, Top Flo included ..............

Yes, they even lowered that requirement to RM 5k and above, min 6 months FD.

yup previous first 6 month interest would be included for 4% on the next 12 months, if included i think effective was 3.91% or so

If this round included you still get effective 3.78%

Oh.. I did not ask for this part wor..
But I think so la, interest should be added into subsequent 6 months.
This OCBC curent promo also calls something like xxxxx Inflation Deal..

Ai yah, this can save my time to chase for Musical Chair la..
EPF can even save more time..

Thanks for the info Really a BR expert.. very steady..

Just obtained feedback from OCBC. They have corrected the online banking page and it now shows the correct tenor: 545 days