... I think they will honor but until the stated terms within the contract. That is because I was with Southern Bank when CIMB took over ...

You do not need admire other people ma...  

Actually you can get it easily if you want, just place 5 Years FD with MBSB
after Hari Raya, then you have it loh... 

Interesting point from non-pidm to pidm.   
Come join us bearbear. 

No scare they will cancel the 5 yr FD after merging ? 

Good point..Ha ha    Still can get 4.7% for few months..; but better to
prepare for 5 years FD commitment if they do not cancel...

Affin Bank's Merdeka Raya Double Bonus:
http://www.affinbank.com.my/General/Whats-...uble-Bonus.aspx
No need to be shy la, the gift is what we deserve.

Since after my signed-up of premier account with OCBC, I never
asked for gift because OCBC never offered gift regardless of the
FD amount.

More worthwhile FD promotions with:
1. at least 4% 12-month placement
2. without CASA requirement

Selamat Hari Raya Aidilfitri to all Muslims in LYN

Both come with CASA requirement.

The best rate without CASA should be Affin 12-month earning 3.70% & BR 12-month earning 3.90%.

After Groupon corrected the rate from 3.6% to 4.0%, this may look like a better deal with "free" bags & PIDM-protection...    Sifus, advice pls...

http://www.groupon.my/deals/klang-valley-k...uob-1/718683520

http://gm-img.s3.amazonaws.com/2014/07-201...%2020140725.pdf

Thanks, but I kinda confused on the promo. Take for eg 5k

Based on the clause:
UOB eAccount to Fixed Deposit ratio at 30:70 required.

which means eAccount = 1500 and FD 3500.

So effective divvy from eaccount = 1500*2.78% = 41.7 FD=3500*4%/12 *3 = 35

Total = 76.7..

Do correct me if I am wrong.

eAccount Rates
with effect from 27/07/2014
Balance Nominal Rate
(%P.A) Effective Rate
(%P.A)
UP TO RM 2,000 0.05 0.05
UP TO RM 15,000 0.85 0.85
ABOVE RM 15,000 2.78 2.78

1. If you're already a customer, then they return your monies (less admin charges?)??? 

2. If int paid upon maturity, why then open a SA? 

1. Shouldn't they check if one is an existing customer first before asking one to open a SA & a debit card & deposit monies??? Anyway I'm waiting for them to call me as I took up the groupon offer & filled up the required form.

2. BR asked me to open a SA but I said no, & they accepted this reason. BTW, I will wait till the BN Sep meet first before deciding on FD's of more than 3 mths... 

I just placed, CS said SA is to pay out the interest (every 6 months). I just started it, next time I free I'll go take out RM19 =)

Today is the last day for this promo.. 1/8 onwards will have new rate:

3.8% - 12mths
4.2% - 24 mths

what is the meaning of fresh fund, public bank promo fd t&C say fresh fund only...

fund got call fresh or no fresh de meh...

2 yrs @ 4.2% .... ok ga?

If I can recall it correctly, this is the first time OCBC offers 2 years FD.
It looks like OCBC enters the casino to catch big fish now.. 

Now, here is a gamble.. 
(1) For people who do not think OPR will go up, then can consider to go for OCBC 2 years.
(2) For people who think OPR should go up again soon, then take FD from 3 to 6 months.

So let's assume we are in the casino now, should we put our chips to buy (1) or (2)..? 

Hi all sifus,

Wanna ask advise regarding FD.

I have a 6 month FD placed in PBB since 2006 until now. I never touched the money at all during all these years. At that time, the officer also said I must open a SA in order to place FD, but they never issued a ATM card for me. After checking the statements, I found out that the rate used to be 3.5% in the 1st year, then it slowly decreased to 3.40, 3.35... Even dropped until 2.10% in 2010. After that it increased back to 3.10% up till now.

But after reading this thread, I think I'd chosen the wrong bank. Seeing that other banks offer much higher rate, I'd decided to take out all my money from PBB FD and place it somewhere else. Maturity date is less than 3 weeks.

Which bank do you all suggest? This is money that I won't touch, so no problem to leave it for long term, 1 year or 2 years are ok too. But due to the probability that OPR might increase again this year, should I put into 3 month FD first? If so, which banks do you all recommend?

And off topic a bit,
For SA we need to maintain at least 1 deposit/withdrawal in a year right? Otherwise bank will deduct Rm10 yearly. What do they mean by that? It must be performed over the counter or via ATM/CDM also can? Last month when I withdrew money from PBB SA, they deduct Rm40 because I didn't perform any activities in these 4 years. But w/o an ATM card, it is kinda troublesome for me to go to bank to do transactions.

You mean the ocbc 4.2% for 2 years? Sounds good but as other members said, maybe opr will increase again this year so I don't want to tie up my money yet. But will it be a big diff? Assuming the opr increases again, does the rate will be much higher or just a slight increase?

Yea, PBB sent me a letter last year, asked me to somehow "activate" back the FD coz I had left it dormant for 7 years. So they just renewed it for me. Only to prove that it is still active.