from what i monitor... CIMB reduces their monthly rate by 0.1%, but then again, other banks were offering at 3.15% and CIMB offered 3.25%...so not surprised that CIMB lower the rates...

so do you mean all banks or just certain banks like what i mentioned above?

I thought all banks lowered it, seems like only cimb lower it. Sorry for the confusion

HLB.

Well my uncle said the same thing. Got money some more don't want to take. How they know where you get RM20k?

So far my experience is CIMB can place online and withdraw/terminate online. CB & PBB can place FD online but cannot terminate online.

Good and bad points.

Edited to remove MBB.

This post has been edited by bbgoat: Oct 20 2014, 10:51 AM

Hi Goat Goat, not true, MBB can uplift e-FD online as well.

HLB? Previously I read their T&C and CASH is classified as fresh fund.

Bro, I'm not sure about termination. But for MBB eFD, when placing the eFD, I set it to credit into my SA upon maturity. My eFD in MBB is standby fund to pay for my credit cards bills.

And Bro, kimmo88 was talking about FD placing with branch cannot be uplifted via online and not placing the FD online with UOB.

This post has been edited by Gen-X: Oct 20 2014, 09:17 AM

For FD, most banks can accept cheques right? Planning to go Hong Leong later......

FD thread is a VERY active thread..
haha..

FD gives a Higher Interest rates but very low flexibility..
right?

Why don't go for CMF? any other pros that i missed out?

I did not find any links to stop the eFD. Unlike CIMB which has one so at any time you can terminate the eFD. Do MBB has that ?

Terminating it on maturity and go to SA should not be an issue. That is not uplifting but set to terminate on maturity, right ? I am referring to terminating when needed. CIMB has a link so that even after the maturity and auto renewed, you can terminate it at any time.

For CB & PBB I cannot find such links for eFD, not mentioning normal FD placed OTC.

Edited as MBB has uplifting option.

This post has been edited by bbgoat: Oct 20 2014, 10:53 AM

Yes, cheque accepted. For HLB be careful if you are placing for HL Islamic FD, the effective day is 2 days later. You lose out 2 days interest !

Got la, at the e-FD upliftment page there can uplift even when ur FD havent reach maturity date yet.

You go maybank2u play play and see, got one.

MBB eFD can uplift before maturity, personally tried that before.

OK, play play as suggested by kina. Saw it now. Earlier only look at "FD online" link. Never uplift from MBB before.

CIMB eFD uplift is much easier. So have to play play more to discover more hidden links in bank website.

This post has been edited by bbgoat: Oct 20 2014, 11:01 AM

Just an update for MBB 4% upfront FD.

Went to MBB at SS2 just now and they said the quota is finished.

But I managed to place the FD at MBB in uptown. Looks like each branches have different quotas.

Furthermore, MBB uptown does not even bother to ask where my funds coming from. I was able to open the FD without much hassle compared to at SS2. Excellent service.

Gonna ban MBB ss2 in my list from the future.

Thank you bro!
I just came back from menara hap seng branch also said quota finished. Somemore the lady gave me some fierce look, asked her colleague to talk to me & then told off the front desk not to route FD promo queries to her!
Another bad service branch!

But Uptown difficult to look for parking though unless on the dot 9-9.30am

This post has been edited by gchowyh: Oct 20 2014, 11:44 AM

so the MBB 4% upfront FD quota already finish? or finish for certain branch only?

hi all, i gonna try my luck at mbb hq for the 12mth upfront interest later

been reading thru the threads, wats the best for 3mth now ? is it UOB with 3.8% ? but is tat CASA ?

If u go to MBB, ask for the 3 mth 3.87% (step-up) promo, 50k min. See if the quota still avail.

I tot should be HQ to decide not branch based. More of whole MBB quota instead of branch based.

isn't that apply to funds from the 3banks only ? i dont have account there