Uncle Magic should be included as always argue for the rights of consumer. You are too modest.

Ah Boom, what is your take on the BR FD rate hike for 1 year ? It looks attractive to me. I have tone down my FD in BR. But will still maintain some despite all the negative news. I still like their monthly interest payment which worked very well for me. But no more nego rate, need to see the new BM there to confirm.

Called SCB leng lui today late 4pm. She said she also heard that their quota for the 4.25% promo is met. She asked me to call again on Monday when she will check if it is still available. So, those who want to go for this have to hurry. Call SCB before you go.

BR 12 mth 4.1%.

KFH has changed so that the debit card they give out do NOT have annual fees. Last year they told me charges like >RM10 per year. This year they said changed. Note they are not exactly like a bank, though I do not know the actual diff between KFH and other M'sian banks.

This post has been edited by bbgoat: Oct 11 2014, 09:11 AM

So looks like after I posted on the MBB 3.87% yesterday morning, later in the day, Friday, the promo ended due to target met ?

That promo seems to be kept among few customers so not many MBB customer know about it, unless you asked.

But not sure why some of the branches say never have that promo. I saw a RHB Bank branch manager yesterday and he said MBB should not have put in the terms to attract away the 3 banks customers. He even used the term unethical. So MBB may be trying to defuse all the fuss ?



This post has been edited by bbgoat: Oct 11 2014, 09:33 AM

Uncle must be very busy. AmBank 5 mths 3.85% FD has been around for about 2 weeks (or more ?). Have placed FD on 1/10.

My calculation is 3.76% for 13 mths FD and 4.10% (4.098%) for the 26 mths one.

This post has been edited by bbgoat: Oct 11 2014, 12:23 PM

OK, I just calculate without compounding the monthly payout of the interest.

Ah Boom, UOB 13 mth FD is 4.0%. Was there last week. Please update post 2. Thx.

Really ? They have been moving up their rates 0.05% steps for few times already ! But you are saying 12 mths ? Thanks.

This post has been edited by bbgoat: Oct 11 2014, 02:11 PM

Welcome back Captain ! Heading over to your blog !

I believe BSN offer is with SA tie up.

Ah Boom, HL Islamic was offeting 13 mth 3.9% which I took up last week. Believe it is still available. BUT, I lose out 2 days interest as for Islamic FD they need the cheque to be cleared 1st. Lose 2 days interest !

SCB 4.25% for 18 mths is still the best but could be over already or very soon.

UOB 12 mth 4.05% is attractive.

You seen to have given up on BR ? The 12 mth 4.1% with monthly interest looks good to me.

They gave me the FD cert on the same day. But effective date is 2 days later.

Ah Boom must be very busy. I mentioned before that they changed their board rate to 4.1% 12 mth. But no more nego rate. Need to double confirm with branch manager on the nego rate.

Ah Boom Sir, that is strategy of spreading out risk among various banks.

This post has been edited by bbgoat: Oct 11 2014, 05:53 PM

Cannot bring cash after exceeding certain amt lah, riisky !

The only consolation is the extra 0.05% is more than the HL Bank's 3.85% (HL Islamic 3.9%) even if I lose the 2 day's interest. Getting monthly interest payout some more.

As usual, they will be slow in updating the website. The girl over the counter showed me a slip with the new rates. 12 mth 4.1%, 24 mth 4.2%, 5 yr 4.5%. I mentioned these in my earlier posts. They just changed it few days ago.

I think, like Uncle Magic, I will still keep some FD there as the 1 yr rate is attractive. But have tone down my numbers there already.

Anybody else except Captain !

This post has been edited by bbgoat: Oct 12 2014, 08:28 AM

The SCB 4.25% 18 mth promo is the best so far. I noted you have placed the 12 mth's 4%. The amt of time spent should not be a key issue to get more bang for the buck.

But SCB is crazy as every time we go there for FD, need to photostat ic again like opening new accounts ! Their process is slow even compared to BR (banker's cheque) and most other banks. Time taken longer !

UOB wise I have better experience. But also depends on the time I go there. Have encountered >1 hr in one instance but also another time 15 minutes to get FD cert. All depends on time of day, which day of the week etc.

This post has been edited by bbgoat: Oct 12 2014, 08:41 AM

Ai ya, why you bring out the old history, susah lah ! Nanti kena nuke by Top Flo (nickname by you, by the way).

Sorry, Ms Ah Flo, let bygone be bygone.

Congratulation to Ah Flo !!

This post has been edited by bbgoat: Oct 12 2014, 03:36 PM

I think better to call SCB. Their procedure is diff. Every new FD still photostat ic. So at least you have to bring ic of the other party to SCB. But for the 4.25% 18 mth promo, better be fast. As I mentioned yesterday, that promo may be ending soon (or ended already).

Uncle Magic, I said "strategy of spreading out risk among various banks". This is diff from the investment portfolio diversification/risk.

The best is still 18 mth SCB 4.25%. But have to check the availability as they may have hit the target.

For 12 mth UOB is probably the best other than BR (non PIDM) 12 mth 4.1%.

Good for you !

But I heard that now BR no more nego rate after the increase last week.