Affin Bank 3.6% 1yr FD board rate (PIDM protected)

interest monthly basis or after maturing?

I think SC Saadiq branch only because it's Islamic FD

It's good to post information about FD promo but please do tell which bank, rate & any other TnC

Hibah (gift)
This is a token given voluntarily by a debtor to a creditor in return for a loan. Hibah usually arises in practice when Islamic banks voluntarily pay their customers a 'gift' on savings account balances, representing a portion of the profit made by using those savings account balances in other activities.
It is important to note that while it appears similar to interest, and may, in effect, have the same outcome, Hibah is a voluntary payment made (or not made) at the bank's discretion, and cannot be 'guaranteed.' However, the opportunity of receiving high Hibah will draw in customers' savings, providing the bank with capital necessary to create its profits; if the ventures are profitable, then some of those profits may be gifted back to its customers as Hibah

if the FD date is example 15th May, they pay the dividend on 1st May or 1st June?

This post has been edited by davinz18: May 2 2014, 03:15 PM

Affin Bank give higher FD rate than Maybank. I think around 3.6% for 12mth (board rate, No CASA or any other crap Investment link thingy)

I don't understand what the website said "does not meet investment criteria"

anyway the same website state the FD rate :> http://www.imoney.my/fixed-deposit/affin-bank/fixed-deposit

Affinbank service should be okay. Maybe It's also depend on staff & branch

-deleted-

This post has been edited by davinz18: May 9 2014, 03:50 PM

did the minister really sack the BR chairman

got link?

Call BR & demand them where's de money

This post has been edited by davinz18: May 16 2014, 10:01 PM

Gotta to do with the recent reported Chairman & the "free" loans thingy?

Suddenly got FD promo here & there? OPR going up in next meeting?

u know the reason why?

tis time reduce again or up abit?

who? BNM Zeti?

fixed

This post has been edited by davinz18: May 26 2014, 10:21 PM

Bank Rakyat did agree to interest-free repayment after initially rejecting it, says Former Bank Rakyat chairman Tan Sri Sabbaruddin Chik

According to Sabbaruddin, the individual had offered 120 post-dated cheques to be cashed in by the bank over a 10-year period

juz for hamper, u wanna change branch?
it's only around rm100 (if lucky), if not u get those "cheap" one