Agree, gsc is very steady...


Ai.. better removed it and be serious a bit..

Yes, Ah Goat Sir.. 4.2% for 1 year requires RM 50K min placement, valid until 24th Dec - Christmas promo;
whereas 4.1% for 1 year requires RM 10K min placement, valid until 28 Feb 2015 - Chinese New Year promo

Do you have iRakyat online account?
You can see transactions in iRakyat includes the monthly interest payments.

My FD matured on Saturday, BR put the maturity date on the next following Monday.
I noticed BR paid 2 days interest (I think for Sunday and Monday) to my iRakyat account.

UOB told me they do not pay interest for last day of FD, because they are aware that we will withdraw the FD so no
interest for last day of FD. Is UOB doing it right?

Oh....You didn't check here before you go to place FD with Am Bank..?
BartS already mentioned about UOB 4.2% for 1 year on 5 Dec wor...

Never mind lah, rice has cooked.. let it be lah... Anyway UOB does not pay last day interest..
You can get monthly interest from your Am Bank FD if you joint name with your parents

For example, UOB will not pay 1 day interest for your FD matang date 2/4/14 (wed).
When I complained this to UOB last time, UOB admitted that they did not pay 1 day interest on the FD maturity date.

BR pays interest for matang date as I can see this clearly on iRakyat.
OCBC pays interest for matang date also.

Ah Goat Sir, I guess the new appointed BR CEO has compromised to loan the money to carpet man for 30 years without interest, so BR cannot offer nego rate anymore... My guess only.

This post has been edited by BoomChaCha: Dec 10 2014, 08:26 PM

How come you can get 2.8% instead of 1.5%..?

AmStar Extreme Current Account Review
Age Requirement: 18 years and above
Initial Deposit: RM500
Minimum Balance: RM5,000
Interest Rate:
0% p.a : Balance < RM5,000
1.50% p.a : Balance > RM5,000
Features:
1.Free 5 cash withdrawals every month from other Bank's MEPS linked ATMs.
2. Free 5 online fund transfers to other Banks every month
3. Free Personal Accident Insurance up to RM100,000
4. Free Standing Instruction
5. Overdraft

Ah Goat Sir & Double Magic,

You guys still want to put self-contribution money to EPF early next year..???
For me, I am quite hesitating wor..

This post has been edited by BoomChaCha: Dec 10 2014, 03:02 PM

As mentioned, Uncle is kiasi & kiasu, Uncle don't buy stock

I do not think now it is a good idea to move RM to oversea lah, unless got kid study oversea.
Singapore, US FD rates are low, I would rather to keep RM here to take advantage of the
going-up interest rate.

why "If hesitant then only considered later half of the year" leh..?
Scared about what leh..?


Oh... You know all the lubang to gorek money.. quite steady..
Yes, I noticed AUD has less volatile to against the recent depreciation of RM.

I do not think so. I think each bank has different policy.

For example, my SCB FD will mature on Saturday. SCB does not move the Saturday FD maturity day to working day.

So, when this FD matures, it will auto renew on Saturday for another new 15 months FD, therefore I have to request
SCB to put my FD principal + earned interest to my SCB saving account upon FD maturity so that I still can earn at least
1 day interest in my saving account after I make withdrawal from my SCB saving account on Monday.

I think I prefer this strategy because of the advantage of earlier FD maturity..
I am still expecting the interest rate will go up again soon during next year...

Is this eFD? or regular FD..?

We need to hormat Double Magic for sharing this to us..

Move RM to oversea..? This will cost money in currency conversion and processing fee.

OK, Thanks

I have never placed eFD, So sorry, I do not have correct answer for you.
I hope other members can answer you.

PS:
Write down all your user IDs and passwords on a school exercise book (buku latihan), so that you will not lose your
IDs and passwords anymore.

Please check Post#1 & #2:
https://forum.lowyat.net/topic/3341150

Good Luck..

This post has been edited by BoomChaCha: Dec 11 2014, 05:03 PM

Warrior, the weather condition sometimes is hard to predict.

We look at the economic condition of bolehland today, I think only few people will go for long term now.
Just take Affin 4.38% for 2 years as an example, 4.38% is quite close to 4.7%, this indirectly will give pressure to
MBSB to revise their 4.7% rate to higher rate.


Warrior, I have never used the coop card in BR ATM machine except during the first time I had to use it in BR ATM
to activate the card. Just like other ATM cards, I think everybody can use the BR card in ATM as long as knows the password.

If to use iRakyat account, when I log-in iRakyat to view, perform transactions or IBG money, I just need to use the same user ID and same password that I have registered in iRakyat.

But I had experienced twice that when I wanted to IBG money from iRakyat, I had to get the OTP from BR, in less than a minute, BR sms the OTP to my mobile phone. In this case, the secondary name in joint account will not be able to get the OTP.

Ya loh..Warrior... I think tornado is coming...

This is very nice of BR. I respect BR in this area..

This post has been edited by BoomChaCha: Dec 14 2014, 12:29 PM

Welcome Back.. Captain..
This is the first time we see Captain got a headache.. tomorrow I will go to buy lottery..
Take a gamble to place FD not more than a year lah.. Captain..


Thank You.. Affin's latest FD & pay interest on non-working days info have updated on Post #2

I am not sure about the minimum, but I guess it is RM 1000..?
No, you do not have to open MBSB CASA when place FD in MBSB.

(i) Logically and legally speaking, the current FD rate will still maintain until maturity.
(ii) Not sure. But based on the past experience from bank merged, can still use the existing FD cert until maturity.
(iii) Just uplift it as usual (get cash or banker's check); or MBSB branch or MBSB HQ will wire transfer to your desired bank account.

Ah Goat Sir, I was required to get my second or third OTP during early May 2014.
I am not sure if this is coincidence or not, I was required to get OTP after I changed
to a new PC motherboard and a new hard disk.
After this, I do not need to get OPT anymore until now.

I cannot remember how many OPT I was getting so far, but I remember
should not more than 3 times.

Received 2 PM from Top Cat RO Player about BR will charge RM 5 annual fee for Coop card

Lost money to carpet man..?

I received the same like this:

Hi from RinggitPlus! If you made an OCBC fixed deposit placement you might have won a Medklinn air steriliser! Reply with FD details to check!

I already replied (sms) my FD details to Ringgit Plus, hopefully I will get it.....otherwise..

This post has been edited by BoomChaCha: Dec 16 2014, 04:33 PM

Ya loh, just place short term FD to see the cuaca first...

But can consider AM Bank 4.5% for 3 years..

Warrior, I do not know the answer.
But so far I have not received any notification from BR that Coop card will be charged RM 5 annual fee..

FD market is similar to share market recently, everybody is guessing the FD rate will go up or go down..
But the big difference is that FD will not lose money, unless if Titanic (bank bankrupt) happens...

Ah Goat Sir, did you receive any news from BR that Coop card will charge RM 5.00 annual fee?
If we cancel the Coop card, can we still use the iRakyat account?



Public Bank Step-up FD Link

This post has been edited by BoomChaCha: Dec 30 2014, 12:10 PM

Bro, OCBC offers 12M @ 4.2%..?
I cannot find this info on OCBC website.

Do you know when this promo ends? Thanks

Oh... Okay, got it.. you are right.
I was not aware that OCBC also offers 4.2% for 1 year..

Thanks Leo..



This post has been edited by BoomChaCha: Dec 30 2014, 02:57 PM