Renewed and top up my RHB FD for 12 months at 3.88% yesterday. The step up after 12 months will get slightly less than 3.78%. This is because of the 5% FD to be placed in CASA.

"renewed and top up my RHB FD for 12 months at 3.88% yesterday. The step up after 12 months will get slightly less than 3.78%. This is because of the 5% FD to be placed in CASA."

12 month 3.88% is straight FD. No CASA. I was referring to the 15 months step up FD which needs 5% of FD in CASA.

Two different products offered by RHB
1) 12 months at 3.88% straight FD
2) 15 months step-up. after 12 months interest is 3.78%. With the 5% of FD in CASA, the interest will be slightly less than that of straight FD.

However for those who needs the flexibility in cash and expect an increase in OPR this year can take up the step-FD.

Yup but if I were to deposit under my parents' (who are both above 55) accounts? They shouldn't be able to trace right? 

Unless again you are the only child in the family, then no problem. If you have other siblings in the family, better not.

yup, Nov BNM meeting there's might be some changes in OPR rate 

Thanks for the update..  Really The King of RHB..

FD Rates at a Glance - Please update me if below rates are not updated. Thanks

Best 1 Month
(1) Mach 3.15%

Mach FD Rates
https://www.machbyhongleongbank.com/mach-fixed-deposit

Best 3 Months
(1) OCBC, 4.5% + 3.0% (Premier Save Gold) = approximately 3.75% effective rate, valid until 30 Nov

(2) OCBC, 4.5% + 2.9% (Smart Saver) = approximately 3.7% effective rate, valid until 30 Nov
*ocbc Fd + smart saver applies to new smart saver or dormant account holders only. Those with previous FD + smart saver package when mature are not allowed to take up this package. - by gsc

(3) OCBC Islamic 3.55%,  valid until 30 Nov
(4) Am Bank 3.5%, valid until 19 September
(5) Mach 3.3%

Best 6 Months
(1) May Bank, 3+3, effective rate 3.73%, valid until 16 August.
(2) UOB, 3.7% pure FD, valid until 30 August
(3) Ambank 3.65%, valid until 19 September
(4) Mach 3.5%
(5) RHB (3.48+3.68)/2= 3.58% with 5% FD in CASA – by gsc

Best 9 Months
(1) Am Bank 3.7%, valid until 19 September
(2) RHB (3.48+3.68 + 3.88)/3= 3.68% with 5% FD in CASA – by gsc

Best 12 Months
(1) OCBC Islamic 3.8%, valid until 30 Nov
(2) Mach 3.7%
(3) May Bank 3.85%
(4) RHB (3.48+3.68 + 3.88 + 4.08)/4 = 3.78% with 5% FD in CASA – by gsc
(5) RHB conventional RHB Islamic 3.88% pure FD – by gsc

Best 13 Months
(1) UOB 3.9% , valid until 30 August

Best 15 Months
(1) Affin pure FD, 4.05%, valid until 30 December
(2) RHB (3.48+3.68 + 3.88 + 4.08 + 5.38)/5 = 4.08% with 5% FD in CASA – by gsc

Beast 24 Months - by munkeyflo
(1) OCBC,  valid until 30 Nov
First 12 months @ 3.8%
Next 12 months @ 4.20%
(effective rate for 24 months @ 4%)

OCBC Existing Funds - valid until 30 Nov - by munkeyflo
3 months @ 3.3%
12 months @ 3.5%

Thanks so much to below Contributors: 
munkeyflo
McFD2R
pinpinmiao
gsc
cybpscyh
kingofong

Yesterday put FD in UOB, 13 months 3.90%. Interest will bank into savings account.

Anybody knows what is the diff and why some interest they want to bank in to savings/current acc?

one thing you have to know, those run like a government body, their job function not include checking email.

on the side note, funny how people find opening a CASA so troublesome, u just sit there fill some form and done already, whats the big fuss?

also funny why many still interested to talk about <4% p.a. packages. 

MBSB sucks la

emailed them since last week but nobody reply

Ha Ha.. Thank you so much... I love all of you too.. 
This Salty Goat is extremely hamp-sap... 
So Top Goat, you do the next summary ah... .. Thank You

MBSB Kids Fixed Deposit Promo - Valid from 2 June until 2 December 2014
[attachmentid=4097659]
Links:
http://www.mbsb.com.my/misc/TnC_KidsFixedDeposit.pdf
http://www.mbsb.com.my/misc/Flyer_KidsFixedDeposit.pdf

bank rakyat issue cek how much?

Syawal month's nearly over - probably missed almost all of BR's "open houses". Anyone care to keep us updated on such open houses' date/time/venue? 

how much bank rakyat charge for banker cek?

CASA/FD interest rate > Inflation rate

oic. it's good sign

It is the responsibility of Bank Negara to regulate the economy growth, money supply, inflation etc..the tool BN uses to regulate this, for example the inflation rate is OPR. Thus it is not a question of too soon or too late. It is the need arises to regulate the economy that required the OPR adjustment

eh IGB limit not 10k/day ah?   

Another risk with locking in 5-yr interest rate is inflation rate may rise after GST implementation forcing BNM to raise the interest rates in the next few years

Ai...you don't understand about uncle feeling lah..
One day when you become an uncle then you will know..

Add 5 years to your exsting age and if it is near to EPF withdrawal age limit, EPF can be a good choice as the interest is much higher than bank interest rate.....EPF is MBSB major shareholder if I am not mistaken..EPF also share holder of RhB..

Was informed by Affin bank staff that the 4.05% 15-mth already close from this week.. so no choice have to go for RHB 15-mth step-up promotion with CASA. The RHB 15-mth promotion will end on 31-Aug.