Anybody received this promo SMS from UOB:



Got details?

Last week there were people already posted. Not something new.

50K min, new fund. 4.2% 12 months.

What is the minimum for MBSB 4.70 for 5 years? Do we need to open a CASA or SA for them to deposit the interest in?

What will happen to my depsoit once MBSB + RHB + CIMB merge? What I meant is
(i) will my current rates still maintain?
(ii) do I need to get a new cert from them?
(iii) how do I uplift it after 5 years?

Hong Leong 12-Month Festive FD Promotion
15 December 2014 - 31 March 2015 (both dates inclusive)

12 Months @ 4.08% p.a.

● Fresh fund required.
● Min RM10k. Max RM5mil.
● Required to nominate a CASA Account for the purpose of crediting the FD interest.
● FD interest must be credited into the CASA on a monthly basis.
● Interest to be added-on to the FD principal sum is not allowed.
● Upon maturity, the Principal FD amount shall be auto-renewed at the prevailing 12-month Conventional FD board rate.

More info: HLB | T&Cs (En) | T&Cs (BM) | T&Cs (Chinese)

You've anticipated for the increase of the OPR till end of 2014...now you are willing to hold-up your MBSB plan until December 2015?

Fuh...respect your perseverance


Thanks for the info & confirmation that the Coop joint account card exists.

Will apply for it during my next visit to BR.

If your Coop card is a joint account, are you able to view & perform transactions for your individual BR account?


I'm going to put on hold my plan to the "casino" as well ...but not because the FD rates keep going up, rather it's mainly because the Bursa shares keep dipping

I have made a premature FD withdrawal from BR recently & can confirm that the highlighted part is accurate.


Previously, I've posted in FD thread that BR has ditched the old "pramatang" table.

Currently, if you put 5 years FD deposit with BR, you'll get 4.50%.

In the event that you withdraw after 12 months, then the 12-month profit rate is applicable ---> 4.10%

Did tat yesterday. Kl branch. Fresh fund.

I just received that SMS today.

Min fund is too high for me!

What is the minimum for MBSB 4.70 for 5 years? Do we need to open a CASA or SA for them to deposit the interest in?

What will happen to my depsoit once MBSB + RHB + CIMB merge? What I meant is
(i) will my current rates still maintain?
(ii) do I need to get a new cert from them?
(iii) how do I uplift it after 5 years?

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.

This post has been edited by Gen-X: Dec 13 2014, 01:17 PM

Captain, welcome back !

Time really flies !

I also have the same dilemma. But more of putting into FD for some bullet or into UT. UT, stocks are getting a beating now. As for you, you are more into "guaranteed" returns, i.e. FD.

yup welcome back! thing about UT is that it's a long term vehicle ... transaction costs very high. If can catch the bottom of the market & can sit long term, it'd be fantastic.

Good point about the 9mth rates. But another possibility is that Alliance itself is short in that tenure. Would like to see if it's a trend among the others. Hehe here we are wondering what will happen to interest rates... we're not even pro economists, and yet I haven't found any reports or analysis with a committed opinion on how BNM will go next year from the pros in the banks or stockbroking houses. Anybody can share some good reports?

This post has been edited by okuribito: Dec 13 2014, 01:43 PM

Has anyone here won the Ambank Merdeka promo: 8.31% FD yet?

Mach Money Box is actually a saving account. For your case, just go to Mach branch, open a Mach Money Box account, and obtain access Hong Leong Connect. You can deposit your cash in the cash deposit machine in the branch, or use interbank transfer, but the money must be available in the Mach Money Box on that day, to prevent the saving account being closed.

It is up to you whether you need to have the Mach debit card (RM 8 annual fee), or not. There is no need to open a Hong Leong saving account.

Once you have access to Hong Leong Connect, you can make a fixed deposit placement in any computer, not necessarily the computer in Mach branch. For sure, you can place more than RM 1000 in a single fixed deposit placement.

However, it is better to put in RM 1000 in each placement. So, if you want to deposit RM 3000, just split into 3 placement. In case you need to uplift one fixed deposit placement due to emergency, the interest for other placement will not be affected, instead of having all money in just one placement.

If you uplift the fixed deposit account upon maturity, the principal plus the interest are in Mach Money Box account.

One of reason may because banks see OPR is not trending higher, so no point to offer long term high rate.

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.

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?

Ah Boom Sir, when is the last time you IBG from iRakyat ? BR has stopped the OTP for quite some time already, something like >6 mths or so. Just need to re-key in the online password to proceed the IBG.