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.

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%

Thanks, wil-i-am. Finally, Maybank published this on their website 



Source: Maybank | T&Cs

“AmSignature Priority Banking Customer” means an individual who shall maintain at all times the
minimum balance in an active account in respect of each of the following category:
a) a minimum aggregated total deposit of RM200,000.00 maintained under the account or joint
account where the accountholder is the primary accountholder in any one/more of deposit
account(s) with the Bank, OR
b) a minimum aggregated total investment/deposit of RM200,000.00 shall be deposited in any
investment and deposit account of the Bank or made with the Bank under the account or a
joint account where accountholder is the primary accountholder.

Newbie here. Hope to get clarification from the statement above. Does that mean the fresh funds cannot be from existing MBB saving a/c?

Here's the promo pix and T&Cs. Thanks for sharing!



Source: T&Cs - English | T&Cs - BM

Finally a nice FD promo from Ambank. No Step-up and no CASA.
Meaning if a person has a current FD of total RM200,000 in multiples slips (more than 10), he can apply for AmSignature Priority Banking Customer and get the extra 0.10%, correct? If during the 15 month period, he withdraw the sum to below RM200,000, the bank will revised the rate back to 3.75%?

Fees and Charges
Half yearly service fee of RM100 will be charged if the account minimum monthly average balance (deposits and/or investments) fall below RM200,000.

Thank you for spotting this. 3.75% is still okay i guess.

With OCBC and Ambank offering promo with longer period (15 months tenure) to lock down the fund, I wonder whether the 'anticipated' hike in FD rate is substantial 

hey guys, newbie here.

i wan put in FD what should i do and what is the best rate?

From T&C:

"Only new placement of fresh funds (funds from other banks) during the Campaign Period shall be entitled to the promotional rates during the Campaign Period."

Newbie here. Hope to get clarification from the statement above. Does that mean the fresh funds cannot be from existing MBB saving a/c?

hey guys, newbie here.

i wan put in FD what should i do and what is the best rate?

To get more info, please read Page 1. 

the rate and promo can be obtained at 1st page. as for how to put in FD, just go to the bank and say you wanna do FD. they will assist you. remember not to carry too many cash on hand. use banker's cheque.

Fresh funds means funds from any other bank/sources other than that own bank. You will have to take out the funds from your MBB account and put it into another bank then take it out again to put in FD as fresh funds.

Can do it on same day or need to wait next day? 

thank you. i will read 1st page again
banker' cheque as in cheque you mean?
sorry i still not know in financial or bank as this is first time i wan to in fd 

thank you. i will read 1st page again
banker' cheque as in cheque you mean?
sorry i still not know in financial or bank as this is first time i wan to in fd 

thank you. i will read 1st page again
banker' cheque as in cheque you mean?
sorry i still not know in financial or bank as this is first time i wan to in fd 

usually people will withdraw money from bank A to place FD in bank B. in this case, it may not be a good idea to carry cash on hand, so you can request bank A to issue a banker's cheque (fee applies). then you bring the cheque to bank B to be deposited as FD

Thanks, wil-i-am. Finally, Maybank published this on their website 



Source: Maybank | T&Cs

Is e-FD entitled to this?