Incorrect, should b
1st 1k @ 0.5%
Next 4k @ 1%
Next 15k @ 1.9%

thanks for the info..
will ask when passby there but most likely is next year lol..
anyway, will update here once information confirmed.

You are correct and I agree with you Bro. But that's layman comprehension of interest rate. The Old bird way of looking at this type of tiered rates is average effective rate....~1.65%

Went to OCBC today for the 3 months @ 3.20% promo.

I really hate their system. First you need to go to the customer financial service side to open/uplift FD account, and then they will submit the document to the teller (counter) side to prepare the certificates.

No issue with the customer financial service side but the teller side is one of the worst banking service that I've ever experienced.

When the certificates are ready, they don't bother to call you for collection but continue to talk with their colleagues or doing other stuffs. The bank was not even pack with customers.

You will wait for a long period like a fool and when you approached them to ask, they said the certs are ready!

This is the second time I faced the exact same incident. I made a complaint for the first occasion and the manager already assured me that it was a one off incident

I tot OCBC "high-standard" bank from Singapore. Very good service one. Maybe it's Saturday (casual day) so no serious2

the first time was on a wednesday..dont know why need to be so complicated...UOB, CIMB, Ambank..all so direct. Deal with one person from start to finish.

then it's not casual day thingy. u need to make an official complain to HQ, Maybe serious action would be taken Talking to BManager is no use, they will cover your complain & to maintain KPI

Yup, the 1st incident was reported to the HQ and the branch manager contacted me to follow up. Will be doing the same thing for this 2nd incident.

Good move let the HQ know how bad the branch services are. It will make the staff to work harder & more efficient than talking crap stories while in the counter

May I know which area is that? I'll avoid to go there next time.

Dataran Pahlawan Melaka. Supposed to be the flagship branch here.

Penang OCBC branch that I went into gave me a very good impression. But did not open FD account due to parking/location problems.

I wud skip d complaint n forget OCBC since time spent > benefits from promo

Yes look forward, man. Counting down to July 10 for FD promo after that date ...............

June 10 FD promotion ? For all banks in Malaysia ? Expecting a big increase to existing FD rates ?

I will still have to the same counters when I go to uplift. Have several FD acc with them there. So yeah, they will need to improve on this.

July 10, bro. OPR expecting a change in July 10.

Wat if BNM maintain OPR?

Well, status quo then. It is a matter of when BNM will raise it. The earth is still spinning ...............

h, expected how much change ? Probably just 0.25%, right ? I guess if correct, not much adjustment to BLR and thus also not much impact on the property market.