For more than a year, BR has credited the dividend to my saving account without fail. This month, for some unknown reason, it is a few hundred RM short. Hope this has nothing to do with the recent reported Chairman issue.

Cheerio.

No, I did not.

Will check on Monday, if still missing, then I will inform BR to correct immediately. Ha.

Interesting & tempting.

But ...

in view of the "likely" FD rate increase in Jun/Jul this year, may be park the money for 1-3 months first and then go for the 35 years FD at 4.7 + 0.25 %?

Just my thought.

Cheerio.

Sorry, I did not check my correction before sending.

I typed 3 yrs first and then realised my mistake. Thought I have over-written the "3" with my "5".

Thanks.

If I remember correctly, if your FD is at least 3 months old, then you can get half of the FD rate if you withdraw before the mature date.

I have done it once with BR.

Cheerio.

I think the boss at BNM is a smart and cautious lady. Even if the current economic situation warrants a 0.5% increase, my gut feel is, she will do it in 2 steps, first 0.25% and another 0.25% later.

Sometimes they use the newspaper to "prepare" us for bad news. So they say 0.5% now and later only 0.25%, we will feel relieved, ie., not that bad lah! Ha.

Wait and see.

Cheerio.

What I saw in MB 2U website is, if one withdraws after 3 months, you will get 1/2 of the rate. That was what I got when I withdrew one FD earlier at BR.

Sharing what I have in mind for my coming FD which will mature next week.

I need the money over the next 3 months. Thus my plan is FD for

1 month
2 months
3 months

The FD rate for 1-3 months is about the same. So better just put all for 1 month with auto renewal. When OPR naik in July +, then my FD will get the higher rate on renewal! Bagus!

Maybe I overlooked something here? Ha.

Cheerio.