It seems there is an option to 'withdraw' your FD using UOB online banking. No need to walk-in to branch. Convenient but may not be safe if your account gets hacked !

I scattered my FD to multiple small FD, ie:

1,000 for 1 month
1,000 for 3 months
3,000 for 6 months

For the purpose of ease of withdrawing during emergency.
It has now grown to extent it is all over the place.
Would you guys take it out and move it to another for the hassle or let it be?

Ie, if a bank offers better rate, when the rate expired, did you guys take out the fund and move to another bank?

I find it a little too troublesome lol

Correct me if i am wrong. IBG to UOB SA and then transfer to FD is not considered as a fresh fund, right?

Technically its not considered as fresh fund. Though some banks sometimes closed one eye.

Yeah, playing DCI got thrill unlike FD 

Ask another staff. Even their customer service line saying no such offer, called the second time, another personnel said yes.

Next time if call to the branch, it is better to ask for the person who in charge of the FD in the branch.
Call to customer help-line usually will not get correct answer, especially RHB, because they are not in the
front-line.
But except OCBC help-line, usually OCBC can provide update FD info.

The best way is to call to the branch but not the customer help-line.

However, if the robber acquires sophisticated tactic to change the name on the cheque ...

Thanks for the info. I placed FD in PBB just 26 days ago for the promo with eff rate of 3.88%. Was feeling bad when I saw the promo this morning. At least the later 6 mths still get the 4.28%.   
Ya, PBB really generous.    They are now really going all out to get deposits. Before the recent promo, their promo has not been good and I have stayed away from them for quite a few years. 

Our friendly Good Guy Magician is lucky. This promo is slightly better than UOB's 12 mth 4.05% (eff rate 4.055%). So his bullets will have its full firing power. Even BR has increased the rate to 4.1% when his FD is maturing there. While I have been withdrawing from BR for last few months. Ha ha ha.  But for new maturing one, will still keep some in BR for the 4.1% rate and monthly interest.   

That we also heard but need confirmation from those using it before. Google it but there is just cutoff time for same day transfer.
Maybe previously IBG (giro) needs longer time frame but now IBG is also same day transfer with respect to cutoff times. So wonder whether it is still relevant for normal customers.

Maybe our bro cherroy can shed some light. 

These days FD promotion rates are getting higher. Maybe financial institutions are expecting BNM to raise the OPR in the not-too-distant future. Looking forward to seeing more >4%p.a. without CASA requirement.
December is approaching…are you still going ahead with your plan to lock your $$$ in MBSB?
Aiya, about BR’s internet banking…really 

I know that the online account is very convenient to check account balance, check monthly interest credited & to transfer fund.

I’ve tried to apply for a joint account Coop card to register for BR’s internet account…but some staff repeatedly said can’t be done.

Malaysian banks race to get deposits

heard on bfm this morning Saudi gonna tekan prices until it reach shale oil's breakeven level of around 45usd  and Petronas has already told the govt to "ikat perut" because of soft crude prices (haha they say govt's karma cos it told people to tighten belt)

curious & dun hv solid econs knowledge - why u say FD interest sure going up? I know 97 levels were about 7-8% - can go there or not?

Wah ! nice link bro.    no wonder I have this gut feeling of FD interest rate is going upward. The FD rate in the 1998 currency crisis was all time high since coop crisis in the 80s. Then Tun M pegged the ringgit at 3.80 in Sep 1998 and subsequently the FD rate was dropped to 4.x%.

In order to mitigate low oil prices in their economy, most oil producing countries are letting their currency slide down. This will give the notion of balancing their domestic budget. To me its nonsense, as its akin to printing more money. FD depositor now not only have to contend with inflation but also loss of RM devaluation. Buying properties now makes more sense to safeguard our funds.

Anybody received this promo SMS from UOB:
Got details?

Just came back and checked (online and calling CS) latest FD promos with the banks.

I just updated my Fixed Deposit Page. Alliance Bank now offering 4.1% 12 months for their FD Gold, which is lower than in November 2014 and instead increased their 9 months FD promo to 4.15%.

Noted more banks are offering higher interest rates for FD Promo for less than 1 year tenure. Maybe this is because of the uncertainty we may face in 2015 in view that oil price has dropped tremendously in the last few months and this will have direct impact on many countries including Malaysia as we are dependent on oil. 

I am wondering if I should go lock in 4.15% with HLB Juinor FD for the next 2 years or go with UOB Christmas Promo until 24 Dec 2014 4.2% 12 months, minimum fresh fund RM50K. But then again, with our Ringgit depreciating, I may end up with less purchasing power in 2 years time. And what if the stock market dive further, another lost in opportunity, decisions, decisions...... giving me a headache.

Guys, what will happen to our PIDM protected FD if the country bankrupts?

if country bankrupt? I think everybody koyak except those with net assets parked in non-bankrupt countries even those rich net asset in RM will see their wealth/asset/purchasing power fall like brick   

can provide link to any report discussing this possibility?

I know this is off topic. How do I move my money out of the country? Say to Australia. I would like to know for future purpose. I am talking about quite a big sum.

Let us hope it does not get that bad, else is even harder to play musical chair!
Btw, why i asked if the article is for real is in my opinion, the pressure to increase the interest rate is still higher due to:
1. GST next year pushes up inflation
2. Petrol price is going down but CPI is still high especially due to the surprise increase in diesel which many businesses rely on
3. Even at the end of the day, many businesses are reluctant to reduce prices as many would say, prices only go up but rarely go down.
4. Banks are still attracting more deposits since it is at almost an all time low
5. Outflow of funds from the country
6. Depreciation of ringgit also pushes up inflation.

I also believe that piece of news is a tactic to encourage the nation to temporarily spend more..