Received call from MBB funding exec. Lenglui said new promo is 2 mths 3.6% min 25k. This is diff from another forummer reported above. 6 mths 3.85% min 10k. The 4% 12 mth upfront interest FD promo still ongoing.

Anyway BNM meeting this week, lets see how it goes !

This post has been edited by bbgoat: Nov 4 2014, 03:38 PM

Unless one needs a 2 months FD Promo then the MBB 3.6% may be good else better go with UON 3 months 3.8%

All banks waiting for BNM announcement, I expect next week only new FD promos will be introduced, e.g. AmBank 3.85% ends on 6th November.

Key thing is to wait for the BNM this week announcement. If no increase in OPR, then the 2 mths 3.6% is better than 1 mth rate to wait for any future increase. But UOB rate of 3 mth 3.8% is sweet too.

Last week placed for MBB 3 mth 3.7%.

Ya, all eyes (banks & us) are waiting for the BNM meeting !

This post has been edited by bbgoat: Nov 4 2014, 05:04 PM

mtg this thursday same day ambank 5mth promo ends. Next 2 mtgs in jan & mar 2015, cny 19feb. Will they raise in jan b4 cny? imho won't be popular to do that. So either this week or in march. But gst starts 1 april. If march it'll also be unpopular i think.

haihhhh got maturity on thursday leh

hi, would like to ask if i need to be a premier customer to be entitled for this FD? How much to open an account there?



And to the rest here, Ive got several questions to ask:
1. Which bank offers the best FD for placement of RM10K, for a period of 1 to 2 years?
2. I have accounts on maybank and ambank. How much it costs if I open a new FD account at a new bank?
3. In the MBB FD I seen, it says 3.94% effective rate over 15months and after that it is renewed for 9 months at prevailing rate of 3.25%. Can I withdraw my FD at the end of 15 month without forfeiting my earlier interest rate? As I dont want the 3.25%.


Sorry, I just started working and never had an FD before, and going through this pages seems confusing, so I hope I can get a general answer here.

1. UOB 4.05% / PBB also similar with their step up promo thought bit more flexibility
2. No cost to open FD acc
3. Yes withdraw after 15 months, that is your tenure and 3.94% is added to the principal. If you leave it to run they will renew at 3.25%.

Ocbc promo 6 months 4% for premier customer only. If not mstaken need Rm300k to be premier customer. I believe there is a specal FD rate for new premier customer.

OPR likely to remain at 3.25pc
http://www.nst.com.my/node/49910

Hmm compared to 3.94% of MBB, the UOB is only additional RM14 over the period of 15 months. I think ill go to MBB over UOB, since the nearest UOB is 14km away while maybank is only 2km. Thanks for your info.


thanks!

Try ask Maybank 4% with interest upfront still valid or not

Read that it's only applicable to customers of its rival bank. And im from maybank so i dont think ill qualify.

FYI, I uplifted existing i-FD with MBB and moved it to the 4% 12 month upfront promotion.

Did you transfer out the money to other bank before placing the 4% 12-mth upfront promotion?
i remember min. placement 25k and must be fresh funds.

Nope, I believe cashier processed it as uplift FD to cash and then deposit if I remember correctly.

Anyway, didn't leave the branch or withdraw any physical cash - was all done on the spot.

Was more than 25K

Craaaaaaaaap...no rise in OPR.

Expected. My guess Q1 2015.

Q1 2015 is cutting it close as:-

1. GST kicks in 1 Apr
2. Petrol rationalization scheme starts 1 Jun

Then again with this finance minister, who knows...

Well, well, have to wait until late Jan 2015 and see how it goes then.

Najib: Large portion of household debt in Malaysia due to housing loans

URL: http://www.thestar.com.my/News/Nation/2014...Household-debt/

Received SMS from RHB manager. New FD promo until Dec 5. 6 mths 4%. 9 mths 4.15%. Min 50k. Note separate FD promo of 6 mths and 9 mths, not step up like previously. Rather good rate. Both promo very good except min 50k required.

This post has been edited by bbgoat: Nov 6 2014, 08:35 PM