Yes, now I remember you said about no nego last time..


This question needs to check with BR...

Yes.. I remember

Oh.. If only pay up to 6 months up-front interest..then BR is not sincere to offer this promo..
Then BR strikes back with small rain only, but not tornado..

My BR FD will mature on 6 Dec (Saturday), but the maturity date is printed as 8 Dec (Monday) under Tarikh Matang on
my FD cert.

Received sms from Ocbc Penang. 14 months FD @4% pa and subsequent 1 month @5%. Promo till end of Nov

Attached is the fees & rates BR published online at their website. Should be rm0.30. You can use this info to fight back.. Hehe

Below is the link :
https://s3-ap-southeast-1.amazonaws.com/ban...Yuran%2BCaj.pdf

Yeah.. If like that only limited for 6mth below is small rain only, not tornado.. Anyway, who knows this promo can be differently applicable to diff branch since they are always not standardise ?? Btw, attached is the advertise found on BR Website but no T&C stated.. ;-)


Attached thumbnail(s)

can teach me how to post any status ??????

Boss, this "revised" promo is the same FD promo like you had reported on 29 October..
Last time you also mentioned: Effective rate is 4.06%. Min Rm 10k ..

I think this promo is standardized for all branches since it is posted on BR website.
Where did you find the promo link? I cannot find it from BR website..?

I think no need to waste time on this emas promo since the FD rates are not attractive..

This post has been edited by BoomChaCha: Nov 13 2014, 01:36 AM

Thanks !

Going to call them and complain the charges. Now I remember the previous one, they did charge me RM0.30 for the IBG. But yesterday RM2. All these were shown on the IBG copy that was given to me.

The pdf even showed RENTAS for individu at RM5. Yet the counter staff said not for individu.

Anyway, will pull out more from BR early next year. Only thing is their monthly interest payment which is good. The 12 mth 4.1% not that attractive after recent spate of promo from other banks.

This post has been edited by bbgoat: Nov 13 2014, 07:12 AM

No T&C link..But Just their advertisement on their BR main website found. Link: http://www.bankrakyat.com.my/
Should be standardized for all branches, however does it applicable to tenure 12 months and above as well? If applicable to 12 months tenure as well, the effective rate could be up to 4.27%pa (if manage to redeposit the upfront interest).

You are welcome. Yeah, Rentas for individual rate stated at RM5..Haha..as we know BR staff always blur blur one, not up to date..

The new cert that I got from BR yesterday also the same, the maturing date added in 1 more day presumably changing to Monday instead of Sunday. Then they added 1 more day interest in the cert. Comparing with SCB, BR gain extra point in this area.

The auto renew 12 mth FD that I got new cert from them did not get the upfront interest.

A new FD sifu. Even calculate the effective rate if re-deposit the interest into another FD.

This post has been edited by bbgoat: Nov 13 2014, 09:25 AM

Haha..Don't make me shy bbgoat ..I'm just a student here..

Not too bad for those who are willing to go with 15 months. Bur RHB 9 months still better. Thanks Bro. Will update Post No.1.

yup rhb win hands down. boss, can i suggest a list of banks that adj maturity to next working day & those who don't on your 1st post? afaik the good guys are br & uob. not so good guys mbb, ambank, rhb

hope others can confirm with their respective banks for this list ... in the spirit of maximisingreturn the ultra kiasu way

not so good guys mbb, ambank, rhb, scb

Bro, for MBB, the cert may not state the next working day as maturity date unlike UOB and OCBC which are statement based and sometimes for 1 year tenure it can be 364 days. But this does not mean MBB won't pay you interest for the non-working days, i.e. your cert date in on a Saturday and you only can go to the bank on Monday, therefore MBB will still pay you the 2 days interest.

Admiral BoomChaCha, I going AWOL, you decide if you want to take up the proposal.

Oh.. now only noticed that need to scroll down the BR main page then can see more info..Thanks..

Thanks for calculating the effective rate.. really steady..

More than a month ago, I requested SCB to change my Instruction 1 to 3 just by signing a request form.
SCB said this whole process would take about a month to complete.

Then one month later, I went to SCB and I was hoping that to get a new FD cert with Instruction 3 printed on it,
but when I arrived there, the FD cert was not updated, SCB promised would do it in 2 days time.

2 days later, I called the SCB leng lui to make sure if the new FD cert can be picked-up or not, she did not answer
to my phone, then sms her also no reply. Then I went to the SCB on the same day to find out the answer.
When I reached SCB, SCB still has not updated my FD to Instruction 3, I was quite mad and I requested to see the
branch manager.

Branch manager came out with blue dress suit, he promised this could be done within 2 days. I said I gave him one week
to do it. So let's see if I can get it next week or not...

Captain.. what is AWOL..?
What proposal..? Please don't scare me lah... I am just a village old man..

Ladies & Gentlemen, called BR just now:

1. IBG RM0.30 promotion is over, RM2 from now onwards
2. The upfront interest promo is for FD of 6 mths only. But I did not ask if it is 1 to 6 mths or just 6 mths FD.
3. RENTAS can be done for individual also but they have to use another system of theirs which is "remitting". So maybe earlier when I asked about RENTAS the staff do not want to use the other system ?

So my the other 12mth FD not eligible for upfront interest.

So SCB service NG ?

Our Captain (or General-X) is AWOL absent without leave. AWOL away from military duties without permission, but without the intention of deserting (from online dictionary). We hope he will come back with a big bang !

This post has been edited by bbgoat: Nov 13 2014, 04:20 PM

For those who want to know about Interbank Giro fund transfer timing.

Any schedule for Rentas ? Never done it before. What i read it just mentioned same day.

Thanks. I saw something similar on Am Bank ATM machine at Air Itam branch, Penang. I took a photo and reliasise it was not complete and thinking of re taking the photo to share. You have save my trip to retake the photo, tq

A few banks also posted the same info in their website or when we do IBG. General-X has posted similar info (minus ATM ?) quite some months ago.

Have tried some search before. Not able to find any such info. They only guarantee same day but I believe also must be before 12.30pm. It was meant for high amt and guaranteed to be same day before 12.30pm, if my memory serve me right.

This post has been edited by bbgoat: Nov 13 2014, 07:31 PM