if rate increase, IMDB and other gomen project difficult to implement. if diff, can not make money.

so it is 50 50.

UOB RM0.15 as usual for banker's cheque.

BR, got a Parker pen (cheaper version, they used to have 2 types, one better looking). But their gift is now more limited as compared to 2 years ago. 

Just holding out for better rates. Than will move out some funds to minimize risks (spread out your eggs). Ha ha. 

Received a call from UOB. Said I have FD maturing today and asked me to see her to renew the FD. Ha ha, I said already withdrew the FD. She said UOB have FD promotion until end of June, 13 months for 3.73%, minimum 10k. 

Was in UOB this morning to withdraw FD. Took total only about 12 minutes to get the banker's cheque. No queue at that time. 

Moved to BR for 3 months at 3.6%. Hoping for higher rate with OPR change soon.   

Newbie here, what is BR?

Do you have any PB account or other special account with UOB? The manager of the UOB branch at my place was very adamant that the banker's cheque fee is RM2.15. Even after my request to contact HQ, she said that the RM0.15 charge is only for certain branch promo.

similar to HSBC 12 mths 3.7% min 10k.

seems like we will see the better days of fd rate soon but those that serve loan will pay more.

let the musical chair begin

clever of them to call you to tie you up for the next 13 mths!  when the market is heading for a rate increase!

clever of them to call you to tie you up for the next 13 mths!  when the market is heading for a rate increase!

Notice the trend of FD promos these days are like 13 months or long tenure ones

by the looks of the latest promo by most banks, I can feel that OPR would increase tis time around 

(1) RHB 15 Months Step-up FD Promo. Effective rate 4.00% -- Valid until 31 August 2014



Source:
http://www.rhb.com.my/Whats_New/deposits/s...D/#.U6KpuijDVAc


(2) RHB Ramadan FD Promo -- Valid until 31 August 2014
(i) 3.78% for 3 moths, put 5% into CASA*
(ii) 3.88% for 6 months, put 10% into CASA*
(iii) 4.28% for 9 moths, put 20% into CASA*
(iv) 5.00% for 12 months, put 50% into CASA*

*All have to put in CASA for 90 days.
Except Max Cash & Junior Saving account.

Minimum RM 30K
Maximum RM 3 Mil

(3) RHB Pure CMD-i FD Promo -- Valid until 31 August 2014
3.7% for 12 months

Really, so all the recent FD promo is trying to log in our funds before OPR going up ??   

Really, so all the recent FD promo is trying to log in our funds before OPR going up ??   

Ha..ha.. This is very possible.
Banks perhaps try to catch the big water fishes that are not aware of the recent market news.

I think this is the gamble we have to take to place FD in shorter term like 1 to 3 months.

Let's see in July.. 

Ya, initially people talking about 0.25% OPR change but yesterday saw from newspaper that it could be 0.5% !!     

(3) RHB Pure CMD-i FD Promo -- Valid until 31 August 2014
3.7% for 12 months