OCBC 3 Months FD Promo -- Effective until 31 July 2014

4.3% for 3 months
50% into FD and 50% into saving (smart saver)

Effective rate 3.6% (should be slightly lower like 3.5x %)

This post has been edited by BoomChaCha: May 30 2014, 04:52 PM

6540 months?? Lol. Won't be able to live that long also haha

Few days ago, just took from HL Bank and moved to BR for 3 months FD at 3.6%. Waiting for the OPR change in July and beyond ..............

A good move at the right timing...

I heard petrol price is going to increase RM 0.20 per liter on 1st of June..
Better to fill out petrol tank tomorrow..


OCBC FD Promos At A Glance -- Effective until 31 July 2014
Available in all branches.

(1) 18 Months FD
First 12 months: 3.6% p.a.
Subsequent 6 months: 4.00%
Effective rate: 3.73% (was 3.87% in last promo; but Ampang branch in KL is still
offering effective rate 3.87% until 13th of July))

(2) 3 months FD at 4.3% p.a.
50% into FD and 50% into saving (smart saver or premier saving account)
Effective rate 3.6%

(3) 12 months Islamic FD at 3.65% p.a.

The above 3 FDs require fresh fund:
Minimum fresh fund: RM 10K
Maximum fresh fund: RM 5 Mil

-------------------------------------------------------------------------------
These below 2 FDs do not require fresh fund, existing fund is okay -- Effective until 31 July 2014.
Available in all branches.

(1) 3 months at 3.2% p.a.
(2) 12 months at 3.4% p.a.

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

--------------------------------------------------------------------------------
For OCBC Ampang branch (KL) exclusive FD promo, please refer to
Post #454 on Page 23, contributed by cybpsych
https://forum.lowyat.net/topic/3190807/+440

This post has been edited by BoomChaCha: Jun 3 2014, 08:46 PM

Oh.. Min 6 months?
So your BR's 3 months FD has no monthly interest this time?

Last time 3 months FD also can get monthly interest wor..

Maybank from 1/6 to 30/6/2014
Campaign rates 1 month : 3.2%p.a.
Minimum placement RM50K per receipt for SME/BB
RM25K per receipt for individual customers.
Max. placement No Limit.

Was it 3 months last time for monthly interest ? For this 3 months FD, I did not get any monthly interest. They said only 6 months and above can get monthly interest.

This BR branch, both the Branch Manager and ABM have changed in the last 2 months. ABM last Friday promoted to Pahang as BM.

Looks like next year will have hard time to get 2 hampers already. The BR branch staff said the previous ABM has made the ties with customer to be closer/friendlier. So the new ABM wise likely to be different !

This post has been edited by bbgoat: May 30 2014, 08:00 PM

Yes, I remember last year September 2013 still can get monthly interest for 3 month FD.
It seems BR has changed to min 6 months instead of 3 months..

Not sure of that as I never made 3 months FD before in BR. You may have missed my comment below:

Looks like next year will have hard time to get 2 hampers already. The BR branch staff said the previous ABM has made the ties with customer to be closer/friendlier. So the new ABM wise likely to be different !

I think only ABM of BR entertains big FD depositors just like you ;
I have no ABM to entertain me wor..

Can share which bank saving account pays 3% pa daily basis?
I do not think CIMB Air Asia SA can beat Affin SA..

Don't give hamper?

Ok no problemo.

I withdraw and go other BR branch.

Let ur branch KPI down

juz for hamper, u wanna change branch?
it's only around rm100 (if lucky), if not u get those "cheap" one

old SA- children education SA- since Southern's bank 's time, but CIMB continues to pay 3% right from RM1.00 onwards to RM50k, above that, lower rate. What is Affin SA interest rate for amount from RM1 - RM50k? If paying high interest only for RM1M above, it is of no use to most of us .............

... wah, you guys still with BR meh ... seriously thinking to repositioning, and not to put all into one basket ... even though they are the highest in town ... ...

i switch some to sspn...

yep must teach them a lesson.

no hamper no deposit kpi drop

There are no elements of corruption in Bank Rakyat's RM32 million interest-free 10 year loan to a carpet businessman Deepak Jaikishan, said the Malaysian Anti-Corruption Commission (MACC).

In a statement today, it said initial investigations found it was more a bank governance issue.

"However, the commission will take appropriate followup action including calling the relevant parties if we receive new information," it said.

A news portal recently quoted the bank's former chairman Sabbaruddin Chik (right), as alleging the businessman had sought the intervention of a politician to get the loan on highly favourable terms.

Deepak is reportedly a close friend of Prime Minister Najib Abdul Razak and his wife Rosmah Mansor.

Sabbaruddin also allegedly said that the termination of his tenure as Bank Rakyat chairman was directly connected to the bank board’s decision regarding the Deepak loan.

The MACC also pointed out that not all complaints or allegations reported by the media or raised by any party is corruption.

"The MACC Act 2009 only provides provisions for investigating cases with elements of corruption.

"In this regard, the commission hopes this case is also investigated by other related agencies under the relevant laws so that action can be taken against a certain party because of failure to comply with regulations," the statement said.

Meanwhile Gua Musang MP Razaleigh Hamzah, commenting on this issue, said that Bank Rakyat is not under the Banking Act, and it is not under the purview or control of Bank Negara but under cooperatives.

“However, it is ‘not on’ to provide such deals. Under what government policy are they extending this very good facility? Based on a request made by a customer?” asked the former finance minister.

How much u can gein from sspn?

Guys,

Just saw in today's Star newspapers on Ambank's latest promo something like the following:

3.75% for 1 year FD
minimum amount of RM 100,000 for existing customers
Priority banking gets extra 0.10%

i think i saw it was 15 months.