hi guys, i placed some funds into Mach 3.85% promo for 12 months but i could not select 'no auto renewal' as it was auto-selected as 'yes'.

it does not matter right as i can simply withdraw my money anyway once my fund matures?

apologize if this is a stupid question.

What does this mean? Mean if i put deposit the money >6 months but get it b4 12 months, they pay 3.83%, but if > 12 months, they will pay me 4.28%?
and what does the 'fresh fund only' mean?

First 6 months 3.83%, next 6 months 4.28%

Ie 6 x 3.83% , 6 x 4.28% = 4.05% effective rate

mean they are paying interest twice if i put 12 months? Sorry i din't put any FD b4, normally FD only pay u once per year right?

For fresh fund, can we transfer from other bank to our account?
Or we need to take cash / banker chq / draft ?

Previously, OCBC advised me to deposit with cash / bank draft to eligible for the promotion.
The funds cannot from your existing account (OCBC) or 3rd party account (same bank) transfer to your account. Weird.

For fresh fund, can we transfer from other bank to our account?
Or we need to take cash / banker chq / draft ?

Previously, OCBC advised me to deposit with cash / bank draft to eligible for the promotion.
The funds cannot from your existing account (OCBC) or 3rd party account (same bank) transfer to your account. Weird.

For fresh fund, can we transfer from other bank to our account?
Or we need to take cash / banker chq / draft ?

Previously, OCBC advised me to deposit with cash / bank draft to eligible for the promotion.
The funds cannot from your existing account (OCBC) or 3rd party account (same bank) transfer to your account. Weird.

It depends on where you are staying. For those that stayed downtown, they also avoid going to banks in Beach St or Bishop St area as parking is a big headache there. Unless one is staying around there and take a walk there.    UOB Kelawei Rd is the one that I maintained an acct. But KFH is in the other end of Penang. So just go to nearby MBB to place the 3 mth FD after closing KFH FD. Cost of transport/time is a consideration for the gain of 0.1% FD (over only 3 mths some more).

Well, the MBB funding exec came to see me and said she will call me when the new promo is known next week. So, he he, may have to terminate the 3 mth FD if the deal is sweet enough. Anyway have split the FD certs so can consider doing termination if needed.

The MBB 4% upfront interest, once you get the interest, depends on where you put it. If you put back to the 4% FD in MBB, the eff rate will be about 4.16%. It will be lower if you put it to <4% FD, higher if you can find another promotion that gives >4%. But take note the minimum requirement for most promotion are 10k, 20k or 25k. 

But I opted this time not to go for the 1 year MBB FD as anticipating the raise in OPR soon.   

6 months.

http://www.mbsb.com.my/misc/TnC_SuperbDeal.pdf

I suggest to forget about this promo..
Usually MBSB FD promos are very lousy..  
Thanks for the latest OCBC FD info...
It has updated on Post #2

folks, Maybank is having 6+9 FD promotions now.
first 6 month 3.85% pa, next 9 months 4.00pa

SOURCE: M2U

Was at maybank islamic.. both 3-mth 3.87% and 12-mth 4% upfront are closed. But there is a new 2-month effective 3.5% FD promo

Was at maybank islamic.. both 3-mth 3.87% and 12-mth 4% upfront are closed. But there is a new 2-month effective 3.5% FD promo

Was at maybank islamic.. both 3-mth 3.87% and 12-mth 4% upfront are closed. But there is a new 2-month effective 3.5% FD promo

but i went MBB Kuchai today, this staff showed me their promotion 4% upfront valid till Dec 2014. I saw with my own eyes but didnt snap the picture la
 

folks, Maybank is having 6+9 FD promotions now.
first 6 month 3.85% pa, next 9 months 4.00pa

SOURCE: M2U