Ah Goat, Have you placed your 4.25% FD with SCB today? Or tomorrow?

Affin Bank FD Promo, valid until 31 December
4.18% for 15 months, additional 20% in saving and hold for 15 months
4.10% for 12 months, additional 20% in saving and hold for 12 months

This post has been edited by BoomChaCha: Sep 18 2014, 06:03 PM

Plan to call tomorrow before I go. Hopefully still available. Really hate BR not issuing cheque. Lose 1 day interest and the inconvenience.

Affin Islamic offering special FD rates (not publicised) until further notice (no cut-off date).

1 mth - 3.42% p.a
3 mths - 3.65% p.a.

Forgot to ask if new fund and min deposit required, but the last time in July they asked for min fresh fund of RM10K.

Be careful when you rentas out of SCB. Money supposed to reach recipient bank within the same working day if applied before 2 pm but my money did not reach the recipient bank until two days later and only after I followed up with them. I complained to the manager but no apologies or explanation nor refund of the RM9 rentas fee. On top of that I 'lost' two days interest with the recipientnbank. This happened about two years back. After that I closed all my SCB accounts including the very many Savings Accounts the 'lengchai' Sales Exec instructed us to open (we found out later it was done to meet his target) during SCB's last big FD campaign.

Oh..Rentas could not wire fund on time meh..?
I think tomorrow should be available la..
RM 300 M is a very big amount, I doubt can hit this target within 9 working days?

Cannot do RENTAS in BR branch. 300M not really big. If we have each person like what you said before (to get LCD TV), 300 person will fill up the quota already !

Helllooo guys...I'm back after disappearing for some time, lol...haven't been much in touch with FD rates and promos of late. From what I've read in this thread so far, looks like Ambank's good for the short term placement (something that I'm looking for). Is 3.85% the highest one we have so far for short term? I thought last time the hype was about 4%.

Hope I can place some by tomorrow itself...headache looking at too many.

For RHB, I have mentioned that it is until Dec 2014. You also have updated post 2. Uncle must have too many things in the mind ?

OPR maintained at 3.25%

http://www.bnm.gov.my/index.php?ch=en_pres...ess_all&ac=3067

so good news or not?

Ya loh.. I forgot about it.. Thanks for the correction..

So you win...

This depends..but for FD depositors, it is not a good news..

Welcome back..

This post has been edited by BoomChaCha: Sep 18 2014, 06:26 PM

So are these 2 FD promos available now officially..?
I was in Affin 3 hours ago, but Affin staff did not tell me about these 2 promos..

u went Affin Bank or Affin Islamic Bank branch?

Normally Affin Bank Branch don't actively promo their Islamic products, they're more into conventional products

This post has been edited by nexona88: Sep 18 2014, 06:33 PM

I went to Affin Bank in Taman Maluri..I think it was Affin Islamic Bank, but not so sure..
Usually Islamic products can earn slightly better profit, agree..?

it's Affin Bank. Affin Islamic Bank only have single branch in KL, that's in Fraser Business Park

I'm not sure, but looks like better rate than conventional one

Not really Sh*t la.. 9 moths tenure could be a good timing to catch with next OPR raise..
I had placed 6 months with Am Bank before SCB launched its FD promos.. Ai.. real unexpected..

Fraser Business Park..?
Is it easy to find parking there?
Can find parking on the street?
Preferable free parking

Banks' FD war will stop for a short while...

Just discovered RHB allows to withdraw FD in all branches nationwide.

But do not understand why sometimes when withdraw FD, bank will ask where am I going to bring the money to?
Is it a Bank Negara requirement?

I win also I lose. Would have been happy if OPR increased this time instead of Nov.

Starting about few months ago, have encountered a few banks asking this question. Could be BNM requirement. The question is more on "what is the purpose of withdrawing the FD".

Mine was found better offers? I just said yes.

Guess it is on right away. Branch Manager called me earlier today to inform me about this. Think like the last time you will have to tell the counter staff to ask their higher-ups about these special rates.

FYI, funds newly deposited into Affin's savings account can be used to open FD that require fresh funds. I have done it before with the assistance of the Branch Manager. I realised that the Branch Manager does have quite a fair bit of autonomy. Once, the BM even waived the fresh fund requirement to allow me to open FD at special promo rates.