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

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ciohbu
post Jun 12 2014, 03:56 PM

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Hong Leong Islamic FD can get 3.65% for 12 months

This post has been edited by ciohbu: Jun 12 2014, 03:56 PM
ciohbu
post Jul 16 2014, 02:31 PM

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not sure if anyone posted this biggrin.gif
new rates from MACH hong leong effective 16th July
https://www.machbyhongleongbank.com/mach-fixed-deposit

user posted image

This post has been edited by ciohbu: Jul 16 2014, 02:32 PM
ciohbu
post Jul 17 2014, 10:39 AM

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QUOTE(Gen-X @ Jul 16 2014, 07:30 PM)
Bro, most banks will automatically give you Tier 2 rate (i.e. lower rates) for amount over RM1M, especially if it is auto renew. However, one can always enjoy the Tier 1 board rates (and even higher) if one has more than RM1M deposit with any bank - one just have to do some work, i.e. talk to the bank manager.
Yes, looks like CIMB increase the most for the 12 months FD interest rate. Even the World's No.17 Bank, i.e. Maybank, 12 months board rate is 0.1% lower than CIMB's.

Click here to my Fixed Deposit Page to view latest FD Board Rates for Maybank, Hong Leong Bank, Public Bank, HSBC Bank and CIMB Bank where all these said bank revised up their board rate effective today. We can expect more banks to follow suit. I am interested to see if Affin Bank will revised their board rates up.
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time to update MACH Hong Leong's new rate bro icon_rolleyes.gif icon_rolleyes.gif

https://www.machbyhongleongbank.com/mach-fixed-deposit
ciohbu
post Jul 17 2014, 11:31 AM

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QUOTE(Gen-X @ Jul 17 2014, 11:16 AM)
Ok Bro, with MACH offering 3.6%,for 12 months, very good indeed, 0.3% more than HLB. Hopefully this will put some pressure into Affin Bank to raise their board rates. AS of 16/7/2014, Affin Bank has revised their BLR but as of today, their board rates remain the same.

I have also copied the updated board rates from my Fixed Deposit Page and pasted it in Post#1. Please note SCB rate is wrong and should be lower, lazy too update now. I will be constantly updating the board rates of other banks at my blog when I come across any changes this week or next.
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thanks bro biggrin.gif
it seems like MACH rate is still lower than CIMB eFD for any placement under 6 months

but both give you the flexibility of placement/withdrawal via online, anytime

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