Just came back from AmBank
Placed 9 mths FD 3.85% under 57th Merdeka Celebration

Managed to dig out 20k and placed at SCB, 15 months promo. Really crowded and took 1.25 hours but it is ok coz the staff is so 

They really psuh hard their Just One account but I managed to open the basic SA, RM20 min deposit.

Forgot to ask about free gift at all but what i like is, they give your slip in a nice plastic slip.

If the OPR remains the same, i hope SCB extend this promo.

It all depends. I got a Priority Account with SCB... So placing any FD is just a call away and I go there after 5pm to get 2 pc document sign in 5mins... Done...

I did place some BIG amount, but still no freebies... they do have free Biscuits and Milo there in the Priority Lounge in Ipoh Branch.

Since Priority account only needed rm250k, i suspect a lot of customers can afford and open account in SCB instead of UOB, where min of 1m to become Priority account.

Put 1mil in FD   better invest other places, can get more return with that kind of amount 

Wow, 4.25% is very attractive ! I have BR FD maturing on 18th. If can do RENTAS than may be able to catch it on 18th. But again if the bank met the 300 mil target, this will be gone ! 

Now stucking in between SCB and MBSB, 4.25% for 15 months vs 4.7% for 5 years...how..? 
Do you still want to go for SCB 4.25% for 15 months..? Or do you have any ideas..?
For me, I think I will probably go for SCB if this promo is still available..

Ah ChaCha, my thinking is between 15 mths 4.25% and 5 yrs 4.7%, diff is 0.45%. Time lock in diff is 3 yrs and 9 mths. With impending OPR change, the 0.45% over nearly 4 yrs lock in is not that attractive. Unless MBSB revise the rate .................. That is just my opinion. 

It would be interesting to see if US raise the interest rate this Wed (US date) and then BNM meeting this Thursday. 

Had done the SCB 4.25% yesterday. Opened a SA with RM 0. Yes zero money. I don't know how the cs lady did it. As long as my FD is issued, I'm happy........ Hahaha

Ya loh.. Then I just go for SCB hopefully this promo is still available on 19th..
Ha.. ha.. let's say if BNM makes announcement to raise the OPR on Thursday.. then how..? 
If this happens, I think I still need to go for SCB on 19th because do not know when will other banks
to take action to react to this OPR change..?

Do you want to go for SCB 4.25% for 15 month?
Or 4.00% for 12 months?

I will go for 15 months..

Do you want to go for SCB 4.25% for 15 month?
Or 4.00% for 12 months?

I will go for 15 months..

Ah ChaCha, my thinking is between 15 mths 4.25% and 5 yrs 4.7%, diff is 0.45%. Time lock in diff is 3 yrs and 9 mths. With impending OPR change, the 0.45% over nearly 4 yrs lock in is not that attractive. Unless MBSB revise the rate ..................

That is just my opinion. 

It would be interesting to see if US raise the interest rate this Wed (US date) and then BNM meeting this Thursday. 

What about putting 3 months, then wait for the Nov meeting. 6th Nov meeting, got 1 week for the banks to react.

I'd share the same thought as you. We are expecting interest rate uptrend, better don't tight up money for 5 years.

Not sure about US interest rate but in UK, this Lloyd's bank letter shows a whooping 45% interest rate reduction letter for savings account effective from 25th Novmber 2014.

Sorry...I do not understand...
you mean when UK interest goes down, then Malaysia interest rate will go up..? 

I got 11% p.a. for 1 year FD from EON bank during that time, .. but did not buy any stocks at all..
How about you..?

This is true, nothing is perfect.
You still have at least 3 months time to observe and decide..

I am thinking to wait for 6 months from now.. So this means I am hoping MBSB
will revise their 5 years rate within 6 months; if the 4.7% no raise within 6 months, then
I will just go ahead to place 4.7% in 6 months later.. I am going to take this gamble..Warrior.. 

Ya loh.. Then I just go for SCB hopefully this promo is still available on 19th..
Ha.. ha.. let's say if BNM makes announcement to raise the OPR on Thursday.. then how..? 
If this happens, I think I still need to go for SCB on 19th because do not know when will other banks
to take action to react to this OPR change..?

Do you want to go for SCB 4.25% for 15 month?
Or 4.00% for 12 months?

I will go for 15 months..

in my opinion, take 6 months FD is better than 3 months FD to cope with future OPR change..

What about putting 3 months, then wait for the Nov meeting. 6th Nov meeting, got 1 week for the banks to react.

Hi all taikors here, i have some questions. hope you guys can help (i nvr use fixed deposit before)

1. Will the interest rate change after i open the FD, when the OPR changes?

2. What is the difference between individual n non individual customer (saw this under min placement). I know non individual is like those doing business. IS there any benefit putting FD with non individual account?

Thanks!