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

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nomen
post Jun 19 2014, 12:51 AM

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QUOTE(ysc @ Jun 19 2014, 12:20 AM)
Newbie here, what is BR?
*
BR is the abbreviation for Bank Rakyat

nomen
post Jul 21 2014, 03:04 PM

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OK, here is the MBB FD/IFD-i MERDEKA 3 + 3 CAMPAIGN
Promotion starts from 16th July 2014 -16th August 2014
(Or upon reaching the set target, whichever is earlier)

First 3 Month:

1-2 Month 3.30%
3rd Month 3.60%

Next Rollover:
(1 time only for another 3 months)

1st Month 3.30%
2nd Month 3.40%
3rd Month 5.48%


Minimum Placement:
RM10,000.00 (Individual)

* Effective Rate: 3.73%


nomen
post Aug 15 2014, 03:45 PM

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QUOTE(Human Nature @ Aug 15 2014, 02:27 PM)
For the previous 18 months FD promo with OCBC, no CASA is required. It is added to principal after 6 months.
*
OCBC previous 18 months promo was very good as the compound interest would be added on to the principal after 180 days then roll over to 365 days unlike most banks with CASA thingy.

PS
I noticed that OCBC had revised their SmartSavers Account interest rate upwards in July from 2.90% to 3.05%
for deposit of RM1000 and above for every calendar month.

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