Can know the source ? I am depositing max every year , however dont mind 60 years as no intention of withdrawal. Treating it as my safe passive income for retirement. Imagine there will be huge exodus if it is approve, and can kwsp withstand such a withdrawal.

i don't really have concern on this...but if they implement another law to limit how much you can take out per year after 60...then i'm gonna be pissed...
if i remember, they did propose something like this...and reason given was the people dunno how to control their expense and finish up the money as soon as they get it...

well...it's my money...you don't control how much i can withdraw....
prrrfffff

Hi not about PIDM but regarding joint FD account. If a person has a joint FD account with say, mum, with either one to sign. Let say if one of them passed away, can the other withdraw the FD before maturity?

Any idea of the 'fresh fund' definition for ocbc? I read the gold coin t&c, fresh fund inclusive of existing funds (eg CASA) transferred not more than 3 days.

If true, tempted to enrol this coming Friday, I can ibg the fund tomorrow and hopefully eligible to get this FD and one of the first 200 depositors

I wonder if the 1st 200 is nationwide or per branch

Edit : not worldwide but nationwide

You mean need to provide income info on Ringgit Plus sign-up form..?
I think nobody will provide the accurate income info as this question is too sensitive.

RM0.00 HSBC: Find out more about new HSBC Advance &our 5%p.a. interest rate on 3-mth Time Deposit offer. T&C@ www.hsbcadvance.com.my /visit your nearest branch

I think the case is due to auto renewal. For the initial depositing, BR system will adjust to next working day for maturity. But after that, on auto renew, it will just go to exactly 1 year later (for yearly renewal). I kena once but as I just asked for new FD cert, so no loss (mature on Sat). 

Yes , confirmed EPF paid us short.
Login to  KWSP i akaun, check your dividends.

EPF pays dividend only from the last day of the month, despite it states
caruman must be paid before the 15th every month.

Every month caruman is paid around 10th to 12th,but KWSP is not paying dividends for another 14 - 15 days till the end of that month.

1 month makan 14days, 1 year makan you 168days at least.

For year 2013 i lost 175 days' interest.

Just wonder...if employer were to pay early ie on the month before it,
how would the dividend be calculated...

Normally is like this:
Caruman Januari 2014 due 15.1.2014 --> usually paid around 10.1.2014
EPW starts paying dividend for that caruman only from 30.1.2014

Now if employer were to pay  Caruman Januari 2014 early, say on 26.12.2013, would EPF starts paying dividend for that from 30.12.2013??

For voluntary self contrib, sure must do it at month end next time, if you dont want to be makan.

Hi all,

Could someone help explain why Affin 4.38% 24 months is the best FD rate in the market now, when OCBC can give 4.5%?

Let's talk based on the scenario where a person has RM10K - RM20K and doesn't plan to take out for a few years.

Affin
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OCBC
[attachmentid=4237959]

Quite confused now. Or did I understand the OCBC incorrectly?

magika sure or not? can see blood on the streets already meh? wait a bit lah... ready aim fire! hehehe the stepups i mentioned over the weekend might just come in handy if things start to boil

Regarding rates, thanks for your insight cherroy. Can you have a look at these historical stats & comment pls?

Average FD rates since 1980

BNM stats - interbank rates since 1997

end-1998/1999 was a bummer - BNM must have intervened to lower rates???

So..is it better to place FD in short term? Like 6 months or 9 months..?   

I think RHB 4.15% for 9 months is the best option, but unfortunately it will end on this Friday..
Very headache.. 

I recalled I did recommend this AM Top Rate Quantum and I got back what I have posted before.

My memory served me well and what I remembered was correct.

Besides confirming with the branch manager while I was depositing, and then some forumers got different answer by they will charge back the interest paid, I called to AmBank Online Call center to check and double confirm, as written above.

However, the manager part is the solid proof even I met the manager. For AmBank Online, I am not sure if they have record for all calls made.

i'm curious y they allow to use personal chq.. is it ur FD will be effective placement date upon cheque clearance ?

Was at UOB today. New rates. 4.00% for 6 months. 4.20% for 12 months.

Warrior..it seems the FD rates are keep going-up lately...
So, I think I will put on hold not to place with MBSB 5 years..
Most likely I will go for UOB 1 year at 4.2% first..

FYI BoomChaCha

Mach Fixed Deposit Money Box Campaign
6 December 2014 and ends on 28 February 2015, both dates inclusive

6-month @ 3.80% pa | 12-month @ 4.00% pa

T&Cs (En) | T&Cs (BM)

p/s: Ignore the website image with 3.85% rate. 

Now I have to decide RHB 9 months or UOB 4.2% for 12 months...RM25 difference for a year for 50k FD. 9 months will be RM18.75 less for RHB FD after 9 months.

If when RHB FD mature after 9 montgs and there is a FD rate of 4.35% for 3 months then only I will get RM18.75 back or equivalent to UOB 4.2% for 12 months. In short it is better go for UOB 12 months now provided no higher offer after this.

i m so confused.

I dont know which one to choose.

all i know my housing loan is 4.9%.

if the housing loan no flexi, after dump money no more refinancing?
can we dump money into EPF ?

it's a bit irritating that fresh fund rates are sooo much higher than other rates

thinking of doing this:
1) I have an existing 10k fixed deposit at bank 1 (1 month tenure)
2) place 10k fresh funds at bank 1 and get higher rate for new fixed deposit (6 months tenure)
3) a bit later uplift my existing fixed deposit at bank 1 and move it to another bank 2 to get higher rate there

will this work?