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

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wil-i-am
post Sep 5 2014, 07:02 PM

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QUOTE(kmarc @ Sep 5 2014, 05:36 PM)
Just went to Hong Leong this afternoon. The staff showed me the new rates.......  smile.gif
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Any other T&C?
kmarc
post Sep 5 2014, 10:22 PM

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QUOTE(wil-i-am @ Sep 5 2014, 07:02 PM)
Any other T&C?
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Besides the minimum 10k, as far as I know, no other requirements. No CASA for the 6 and 12 month deposit. CASA only for 15 months and above.
Sitting Duck
post Sep 5 2014, 10:23 PM

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Hi Guys,

Can I know whether the interests of these FD will be paid out monthly?

UOB 13 month FD -3.9 or 3.95%
OCBC - 24 months - effective rate 4%

Btw, HLB junior FD also having quite a good rate.

3.85% - 1 year FD or 3.95% for 2 year FD. End Dec 2014. Believe interests paid out monthly. Check out their website.

Cheers!

guy3288
post Sep 5 2014, 10:31 PM

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New HL FD promo
share with what i received from my RM.
BoomChaCha
post Sep 5 2014, 11:54 PM

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QUOTE(HJebat @ Sep 3 2014, 11:54 PM)
Why you didn’t place for the 5% FD + 3% SA? Really good deal wor…
I did not have much money at that time; and I was also worried this and worries that
about MBSB.. sweat.gif and two of the reasons were no PIDM and 5 years long tenure..

QUOTE(HJebat @ Sep 3 2014, 11:54 PM)
Can expect a different open house by HLB vs BR (not to say makan is main priority la).

BR – sure to have food to satisfy your Malay cuisine cravings drool.gif

HLB – sure to have mooncakes on display but need to purchase to fulfill your yearning yawn.gif

*Based on my experience…might be branch related affair*
I think better not to attend so that can skip to explore ourselves in public and also to avoid the risk of ambush.. sweat.gif

QUOTE(HJebat @ Sep 3 2014, 11:54 PM)
I’m leaning toward that person that you have spoken with...it is unlikely that MBSB will raise its 4.70% rate. There is simply no other intitutions that offer rate that can compete with it. MBSB’s main rival should be BR’s 5-year 4.40%.

So there is nothing to incite MBSB to increase the 4.70%...my POV la…could be way off the mark smile.gif
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Warrior, in my opinion, if MBSB takes another 3 more years to merge with RHB and CIMB, the raise or fall of 4.7% is
possible based on the OPR change in near future.

You are right, MBSB always like to say their 4.7% is still the best rate for 5 years in the market...
BoomChaCha
post Sep 6 2014, 12:00 AM

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QUOTE(guy3288 @ Sep 5 2014, 10:31 PM)
New HL FD promo
share with what i received from my RM.
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Hong Leong FD Promo as of 29 August 2014 -- contributed by guy3288 Thank You

Attached Image

This post has been edited by BoomChaCha: Sep 6 2014, 12:03 AM
HJebat
post Sep 6 2014, 12:09 AM

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QUOTE(giko @ Sep 5 2014, 10:36 AM)
Yes, that's true but I wouldn't want to place ALL of my $$$ into the 5-year FD. Otherwise I'll be out of the FD game for 5 long years...  brows.gif
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I have the same view...have to distribute $$$ to various FD tenure. Currently, I'm aiming for FDs that come with at least 4% rate.

FD that is less than 4% + CASA combo is "unproductive" biggrin.gif


QUOTE(giko @ Sep 5 2014, 06:21 PM)
looks like the CIMB-RHB-MBSB merger is going through! = http://www.therakyatpost.com/business/2014...fidential-info/
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Can't seem to find the article sad.gif
HJebat
post Sep 6 2014, 12:24 AM

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QUOTE(Ramjade @ Sep 5 2014, 05:41 PM)
No, They only put FD sad.gif That is why I am planning to look beyond FD
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If you plan to look beyond FD, then you have peek into the wrong thread liao lor laugh.gif


BoomChaCha You only emerge here when the clock strikes midnight ka? tongue.gif

I want to visit slumberland, will respond to your post when I make my next appearance here yawn.gif
BoomChaCha
post Sep 6 2014, 12:27 AM

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QUOTE(kmarc @ Sep 5 2014, 03:43 PM)
Hong Leong newest rate for FD is 3.70% (6 months) and 3.85% (12 months). Minimum is 10k.
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For 6 months, both UOB and Am Bank offer 3.75% pure FD.

For 12 months, OCBC offers 3.9% pure FD,
and RHB offers 3.88% with monthly interest (valid until next Monday).

May Bank offers effective rate 3.85%. Table contributed by munkeyflo
Attached Image
BoomChaCha
post Sep 6 2014, 12:34 AM

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QUOTE(HJebat @ Sep 6 2014, 12:24 AM)
BoomChaCha You only emerge here when the clock strikes midnight ka? tongue.gif

Ai.. this depends on my mood lah.. biggrin.gif
But usually I have more free time at night.. sad.gif

QUOTE(HJebat @ Sep 6 2014, 12:24 AM)
I want to visit slumberland, will respond to your post when I make my next appearance here yawn.gif
*
Slumberland..? Tilam..? biggrin.gif Very expensive mattress sweat.gif
Okay..have a sweet dream.. biggrin.gif Good night

This post has been edited by BoomChaCha: Sep 6 2014, 12:41 AM

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