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

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Styrroyds
post Jun 27 2014, 01:48 PM

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QUOTE(lowya @ Jun 27 2014, 09:35 AM)
I have a questions worth pondering, instead of focus on interest rate too much, the following questions could be a good decision making for FD...

Question 1: which bank would you invest FD in if hypothetical they all offer same competitive rates?

Question 2: why would you choose this bank?
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Affin.

Location is near my place, and not many people. so all transactions are done super quick

And then maybe RHB. Same reason as above.

And of course Maybank, because E-FD is very convenient.


Styrroyds
post Jul 14 2014, 01:50 PM

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Hong Leong already updated their FD rates, effective 16 July.

1 month - 3.05
3 months - 3.1
6 months - 3.2

not really enticing, but kudos for being the first bank to publish their new rates
Styrroyds
post Jul 16 2014, 12:25 AM

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Maybank updated their fd rates. 1 month rate is 3.15%! Highest board rate for now.

12 month FD at 3.3% is nothing special though...
Styrroyds
post Jul 16 2014, 12:51 AM

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QUOTE(yfchin2 @ Jul 16 2014, 12:38 AM)
where did you find the information?thanks...
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go to maybank2u.com.my. click on accounts & banking, then fixed deposit
Styrroyds
post Jul 16 2014, 01:48 PM

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QUOTE(HeHeHunter @ Jul 16 2014, 01:28 PM)
...? 24-35 months - 2.95% rclxub.gif
Styrroyds
post Jul 17 2014, 01:32 AM

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summary so far:

highest 1 month fd : CIMB and PB Golden 50 Plus, 3.25%

highest 3 month fd : CIMB, PB Golden 50 Plus and Mach, 3.3%

highest 6 month fd : Mach, 3.5%

highest 12 months fd : Mach and Affin, 3.6%... but Affin not yet revise rates brows.gif

BR and MBSB not included because no PIDM


Bank Islam doesnt publish their rates... but before this it's roughly 3.23% for 12 months
Styrroyds
post Aug 1 2014, 11:42 PM

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QUOTE(HJebat @ Aug 1 2014, 07:25 PM)
bearbear These are what the staff told me:
1. The Affin 15m 4.05% promo...it is a straight forward FD

2. SA is mandatory...principal + interest will be credited into the SA upon reaching maturity date

3. The RM20 is for ATM card, RM100 for passbook

4. FD withdrawal from other branch is allowed but limit to a maximum amount of RM50K
*
? their atm card costs rm10 a year (unlimited withdrawals)

their debit card, yes, rm20 a year. but first year free and can cancel before 2nd year.

passbook rm100? affin cekik darah ni

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