There are lots of that type of persons around. Either they don't care and put all in one bank, or spread out 250k X x number of banks for protection. 


To me, I still will put in those that give me high rates but spread out my risks. 

Thanks, this is my last post here. GTG.
Good to know Public Bank non-Exec staff now knows they have to pay interest for non-working days. I guess ALL banks will pay for non-working days nowadays and it is up to the individual to go fight for it if they are being cheated.
Bro, most of us have FD maturing at different time, and my guess is we will go with the bank that offers the highest interest rate at that very moment. So eventually we will end up having FD accounts in several banks.

To ALL: Happy Playing FD Musical Chair and May The Tempo Pick Up (better FD promos).

hahaha aiseh no lar not issue of boycott. If you re-read, you'll see that I dun think the "mass withdrawals" were due to news of BR's "interesting" deals but due to better rates on promo elsewhere.

Instead, i was trying to survey what ppl here think is an acceptable premium that BR ought to offer over & above comm bank rates. maybe some of us may have tipped off their BR contacts about this thread & hence BR can see our wish list 

btw any news on rhb's 3m 3.95% promo? Promo period 1 mth only? Aggressive 

btw btw does anyone remember the finance companies of the 80s? a prominent one was supreme finance i was told

For those who placed extra money in KWSP.
KWSP proposed that that eligibility to withdraw at age 55 to be extended until age 60.
According to deputy CEO of KWSP, this is in line with the gov policy of new retirement age of 60.
It was in the news since 2012 but now in the news again.

Hi not about PIDM but regarding joint FD account. If a person has a joint FD account with say, mum, with either one to sign. Let say if one of them passed away, can the other withdraw the FD before maturity?

Mampus lah. Don't know whether can withdraw those funds under "Self Contribution" anytime or it will be stuck there until 60yo.

with CASA requirement 80:20 ratio..........

min. 10k, refer front page.

you do need a CASA for them to transfer to your acc upon maturity. I had earlier already open one with RM20 for their 15m promo so hassle free for me.

Agreed that Affin 2 years 4.38% is the best deal so far, after that RHB 9 mths 4.15%. May have to go the 2 years route at 4.38% for now until a better one comes up. Just early this year was putting in BR for 2 years at 4.25%, then to 4.2%. So Affin 4.38% is GOOD !

Young Magic is a sifu in SA. Learned on the BSA with option 1 from him. Never know about this until now. 

May I know why Bank Rakyat is not inside this list? I heard their rates are the best in Malaysia.....or maybe NOT? 
Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.25%, 3.3%, 3.40% and 3.7% (Revised 18/7/14)
Alliance Bank - 3.15%, 3.2%, 3.25% and 3.3% (Revised 21/7/14). FD Gold 12 months 3.40% (Interest paid monthly).
AmBank - 3.15, 3.2%, 3.25% and 3.35% (Revised 18/7/14)
Citibank - 2.95%, 3.10%, 3.10% and 3.20% (Revised 17/7/14)
CIMB Bank - 3.15%, 3.2%, 3.25% and 3.30% (Revised down 7/10/14)
Hong Leong Bank - 3.05%, 3.1%, 3.2% and 3.30% (Revised 16/7/14)
HSBC Bank - 2.90%, 3.10%, 3.15% and 3.25% (Revised 16/7/14)
Maybank - 3.15%, 3.20%, 3.25% and 3.30% (Revised 16/7/14)
OCBC Bank - 2.75%, 2.85%, 2.9% and 3.05%
RHB Bank - 3.15%, 3.20%, 3.25% and 3.45% (Revised 18/7/14)
Public Bank - 3.15%, 3.20%, 3.30% and 3.35%. PB Golden 50 Plus 12 months 3.45% (Revised 16/7/14)
Standard Chartered Bank - 2.95%, 3.10%, 3.15% and 3.25% (Revised 23/7/14)
UOB Bank - 3.05%, 3.10%, 3.10% and 3.30% (Revised 18/7/14)

No ATM card or bank book, safe to assume it is Option 1?

I originally wanted to go to RHB for 9m but since i was in Affin and thinking why not, lazy to move around so much since amount is not huge. Might as well go for the best now

I think they name it CNY promo and they run the promo till April 2015, seems like they are quite confident the rate is attractive enough till then. Or they are playing mind game with us

Ha ha ha ! Some say insured by Rakyat.   

Their rate used to be the best but no more since months ago. I personally still have some bullets there. Their strong point is the monthly interest crediting. 

Are you going to use board rate to place FD ?   

I got mine latest at hong leong bank at 3.85% for 1 year.

Not bad a rate i think

Hi, i have few hundred thousand cash which i want to place for fixed deposit. May i have an advise on which bank is the best in my case ?
Is there anyone who can intro me to the bank ?

Thank u guys and sorry, this topic is huge so i didn't read it all.

I'm currently having account with maybank, so I'm pushing them to give me higher rates (for now they offer 4 % but i think its too low.
Those who expert with banks, do u think i can ask for 5% ? my amount 800k, can place for year or two and then decide again.

An update on using online IBFT (instant version of IBG) to transfer FD interest from RHB. It is immediate  transfer to CB. Logged in to CB and saw it just seconds later. Now I am a believer. The cost is 80 cents vs normal online IBG of 10 cents. Worth it if we need the funds. Other banks charges is different for IBFT.

That's cheap. What is the limit/day?

My FD due at BR on 16 Nov (Sunday) and I withdrew on 17 Nov. Asked about the 1 day interest and the bank staff said no extra interest. I thought there is as per BNM rule. Or has BNM changed the rule now?

If it is a few cents or dollars, I don't mind. But this is more than that which I do mind.

Just received BR Rakyat Xclusive Card. Surprised that BR is now fighting "upmarket" ?

Benefits have been mentioned earlier by some of the fellow forumer.  Will be interesting to see where is the Rakyat Xclusive Servie Centre. Maybe Penang will not have one. Even PBB did not have one PB centre in Penang.

Young Magic & Ah Boom, did u guys also receive it ?

I heard Hong Leong Bank is having a FD promo, 4.28% for 8 months.
Valid until March 2015. Min RM 10K. A saving account is required.

Anybody has detail info for this HLB FD promo..?

KWSP might enforce EPF members cannot withdraw until 60 years old..
Should we make self-contribution for next year..?