So which banks have the best 1 & 3 months FD rates? TQ

info as at Apr 2014; no new info in May 2014?

what's the latest rates at PBB? TQ

as per http://www.mbsb.com.my/misc/FantasticReturns.pdf
am I correct to assume that "49'ners Rate" refers to rate given to depositors 49 yrs old & above? TQ

just started a FD a/c with BR - 3 mths @ 3.6%. HLB banker's chq at rm5.15 is expensive!

When I opened the 3 mths FD @ 3.6%, I asked to be paid at the end of the 3rd mth; hence no need to open the SA.

Profit Rate
Period of Investment (month) Rates (%)
Corporate Individual
1 2.90 3.20
3 3.05 3.60
6 3.10 3.65
9 3.20 3.75
12 3.25 3.90
15 3.25 3.95
18 3.30 4.00
24 3.45 4.10
36 3.50 4.15
48 3.60 4.20
60 3.70 4.40
> 60 3.70 4.50
Note: Effective 31 March 2014.

For further enquiries, please visit any of our branches or contact our call centre tele-Rakyat at 1-300-88-1BANK (12265).

* Terms and conditions apply.

link = http://www.bankrakyat.com.my/deposits-account-i-

BR USJ only gave me an umbrella for 100k fd! cheapo lah!

Sifus, if the maturity date is 8 Sep, does that mean I can redeem it on 8 Sep or 9 Sep? TQ

This post has been edited by giko: Jun 11 2014, 12:46 PM

Read somewhere that a forumer got a parker pen worth RM60-70. much better than an umbrella!

will redeem it on 8 Sep then.

have lots of umbrellas already; a pen or two won't hurt, esp the expensive parker pens!

this weekend have another free umbrella to collect for vios service. with el nino bringing no rain, can use to shelter against the hot sun only!

since paid RM5.15 for the HLB chq, the BR umbrella is just a consolation...

yes, the usj branch said they can't give a higher rate than what was stated on the board.

1. how much did UOB charged you for the bank draft?

2. did BR give a free gift?

This post has been edited by giko: Jun 18 2014, 03:45 PM

clever of them to call you to tie you up for the next 13 mths! when the market is heading for a rate increase!

either way, a 3 mth FD @ BR @ 3.6% is a good temporary measure until more is known...

from https://www.hlb.com.my/main/promotion/20140...am-home-contest

3.85% 12 mths, 4.0% 15 mths but 10% must be placed in CASA; so not a good deal except if you strike that corner lot!

This post has been edited by giko: Jul 2 2014, 08:36 PM

good idea!

from this article = http://www.themalaysianinsider.com/busines...debt-risk-grows , looks like there'll be 2 increases = "Most economists expect a 0.25% hike when the central bank meets on Thursday, followed by another as early as September."

it's hard to see PBB merging with MBB unless old man Teh greenlights it. Ditto for AFG & BIMB. But then again this is M'sia!!!

1. Without the blessing of Tan Sri Dato' Sri Dr. Teh Hong Piow, the Founder and Chairman of PBB, no merger with MBB deal can go through unless he can be persuaded otherwise. But the government of the day can be persuasive too!

2. Likewise, AFG are controlled by S'poreans, if memory serves me right, & it's hard to picture them giving up control unless they take over BIMB but it seems unlikely - S'poreans in charge of M'sia's premier Islamic bank? But, this sounds like a broken record... the government of the day can be persuasive too!

Yes, the BLR is likely to increase again in Sep, & yes, a 3-mth FD is about the best option till then.