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 Fixed Deposit Rates in Malaysia V6.1, Please Read Post #1

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munkeyflo
post Aug 6 2014, 11:59 AM

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Don't know if this has been posted but anyways.. Received this 2 days ago from OCBC.

Fresh Funds
1) Islamic FD
3 months @ 3.55%
12 months @ 3.80%

2) 24 months Conventional FD
First 12 months @ 3.8%
Next 12 months @ 4.20%
(effective rate for 24 months @ 4%)

3) Investment Deals (FD placement when you invest in their investments)
3 months @ 5%

4) New Premier Banking customer
3 months @ 5.5%

Existing Funds
3 months @ 3.3%
12 months @ 3.5%

Edit: Forgot to add. Promo until 30th November. T&C applies as usual.

This post has been edited by munkeyflo: Aug 6 2014, 12:00 PM
munkeyflo
post Aug 6 2014, 12:33 PM

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QUOTE(McFD2R @ Aug 6 2014, 12:25 PM)
Hong Leong Mach

1m - 3.15
3m - 3.3
6m - 3.5
12m - 3.7

Just received via email today since my 6m Mach 3.7% expired today.
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Doesn't look attractive at all. Some of my Mach expiring next few weeks also.
Thanks for the update smile.gif

QUOTE(Kaka23 @ Aug 6 2014, 12:29 PM)
Premier banking for 5.5% need how much?
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This one I've no idea. Have to check with them. Sometimes they might change the requirements also.

Anyone else can clarify this?
munkeyflo
post Aug 7 2014, 10:02 PM

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QUOTE(tweakity @ Aug 7 2014, 05:02 PM)
What happens after 3months, for OCBC new premier account. Revert to normal board rate? Or got special rate for premium account holders. Curious lar smile.gif
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Revert to board rate. You can take it out and put it into another promo.
munkeyflo
post Aug 15 2014, 08:12 PM

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QUOTE(FDInvestor @ Aug 14 2014, 09:22 AM)
Interest rate for Mach FD 12 months is 3.60% not 3.70%. Pls correct me if I'm wrong
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Yea, 12 months is 2.6%, 24 months is 3.7%.

QUOTE(BoomChaCha @ Aug 14 2014, 11:30 AM)
» Click to show Spoiler - click again to hide... «

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notworthy.gif notworthy.gif You the best liao, I love you.

QUOTE(FDInvestor @ Aug 15 2014, 12:20 PM)
Why open a FD account in UOB is so troublesome one ? need to open saving account again  doh.gif  doh.gif  doh.gif
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They need the SA so they can credit the interest to your account. From my understanding, after 6 months, first batch of interest will be credited into the SA. Anyway, not much to maintain SA there. You can always close it after you are done with the FD.

QUOTE(Ramjade @ Aug 15 2014, 07:40 PM)
Cause they tell me to open an account, minimum is RM100. Then cannot add on. Interest will go into that account. Normal FD, interest can add on

Where can I get Maybank 3.85% interest? Their website still state 3.3%
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Cannot add on interest? Just place another FD when that FD matures lor. Promo FD usually comes with lots of T&C. If you want no hassle ones, just place into eFDs or board rates.

Maybank - check with your branch. Most of the time, their promo goes by quota. Once quota filled up, promo not valid anymore.
munkeyflo
post Aug 16 2014, 10:07 AM

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QUOTE(bbgoat @ Aug 15 2014, 08:18 PM)
BCC, I envy you .................  brows.gif tongue.gif
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Next month your turn to do summary tongue.gif laugh.gif
munkeyflo
post Aug 16 2014, 10:47 AM

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QUOTE(bbgoat @ Aug 16 2014, 10:26 AM)
cry.gif

How about I do "I love you" and you do the summary ?  tongue.gif
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Let BCC do the summaries and we all can love him. laugh.gif wink.gif
munkeyflo
post Aug 18 2014, 04:47 PM

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Maybank 12 months 3.85% promo is tiered rate.

Minimum 10k. One cheque one receipt.


Attached thumbnail(s)
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munkeyflo
post Aug 18 2014, 07:19 PM

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QUOTE(bbgoat @ Aug 18 2014, 05:32 PM)
It is until when ? Thanks!
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Oh I forgot to ask that wor. Maybe someone else knows. Or wait another few days I got to go Maybank again then I ask biggrin.gif
munkeyflo
post Aug 19 2014, 02:34 PM

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OCBC just called and told me that they revised their rates as below:
6-months now at 3.75%
12-months Islamic now at 3.9%
munkeyflo
post Aug 20 2014, 10:35 AM

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QUOTE(bbgoat @ Aug 19 2014, 06:17 PM)
Opened FD and SA in Affin today. 15 mths FD at 4.05%. SA with RM110. But their SA must have activity every 6 mths vs other banks of yearly must have activity ?? Quite fast, all done within 30 minutes

They also have open house on coming Thursday in their branch. Anyway enough food for me already. Ha ha ha.
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Affin back. That's weird. The last time I placed 9 months FD there, they didn't ask me to keep my SA active after 6 months wor.

After FD due, I withdrew everything and close the SA. tongue.gif
munkeyflo
post Aug 20 2014, 12:10 PM

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QUOTE(LostAndFound @ Aug 20 2014, 11:53 AM)
What does 'callable' mean?

EDIT: Means if its performing too well the bank will 'call' it out and give you back interest earned?
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Yes, callable means the bank can call off the deal anytime. Instead of locking your funds for 5 years, they might call back after 1 year. Interest is usually paid quarterly, so after one of the interest paid, they will credit all your capital back to you also. Then you go find other things to invest in.
munkeyflo
post Aug 20 2014, 01:36 PM

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QUOTE(bbgoat @ Aug 20 2014, 01:26 PM)
So you have bought this type of products ?  smile.gif
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Yea, last time got buy before. Also got called back. laugh.gif
munkeyflo
post Aug 22 2014, 08:39 AM

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QUOTE(BoomChaCha @ Aug 22 2014, 12:02 AM)
Ah Flo,
May I have your permission to use your May bank's 12 months FD rate table on
my Post #2210?
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Sure thing, ah cha cha. biggrin.gif

Thanks for the latest summary again smile.gif
munkeyflo
post Aug 22 2014, 01:13 PM

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I dunno if this has been asked before but the CIMB 1-month 3.25%, is it valid for eFD as well?

First time placing eFD with CIMB Clicks. sweat.gif
munkeyflo
post Aug 22 2014, 06:01 PM

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QUOTE(Human Nature @ Aug 22 2014, 01:26 PM)
yup, board rate applies to eFD too
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Great. Thanks! biggrin.gif
munkeyflo
post Aug 25 2014, 12:11 PM

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QUOTE(sandkoh @ Aug 23 2014, 09:57 AM)
most banks have same limit 5k for online transfer.right?
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Maybank, Mach (Hong Leong), UOB, OCBC, and CIMB online IBG transfer is up to 10k.

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