poor need to work harder

guys, let say you have a fund of 300-500k, will you go to a bank and nego for best rate or place 100k in different banks ?

better to split the amount

u can chose both PIDM & Non-PIDM banks which offer the highest rate respectively

Wud recommend Nego

I don't think RM500k carry any weight to bargain for better rate. Even if you manage to get negotiated rate, I don't think the rate can be better than SCB promo rate of 4.25%.

Nego wise, it depends on the bank, some bank may give more (like BR), some zero. SCB offer is the best so far !

Did u manage to open an a/c with SCB?

No bullet yet until next week. It may be gone before the Friday deadline if they hit 300 million.

Smaller chance for rate hike
http://www.nst.com.my/node/32762

Safe haven in fixed deposit
http://www.thestar.com.my/Business/Busines...k-to-achieve-g/

question for the forum. Anyone tried using BSN for FD? what is procedure? i tried Bank Rakyat before but sucks

https://ringgitplus.com/en/fixed-deposit/BS...it-Account.html

got special offer at 3.95%

Likely Nov OPR to increase.

meaning if the OPR remains the same on the September meeting, more banks are likely to offer more FD promo?

Go SCB,best rate!!

yup, to catch "cheap" money from depositors

ah..sounds good too! having some FD maturing between the sept and nov meeting

good for you

What's the maximum you put FD in one bank?

Do you use few banks?

I only put in one bank at the moment and managed to nego FD rates every 6 months.

This post has been edited by Nauts: Sep 14 2014, 07:00 AM

RM250k for PIDM coverage

250k per account or per bank?

If multiple of 250k accounts?

This post has been edited by Nauts: Sep 14 2014, 07:49 AM