Last week, I jz deposited FD in hlb.
I notice on 2nd post there's no info about 13 month@3.9%
(I believe is a revised plan as the branch manager said so, she jz took an existing flyer and cuts off the printed interest rate and offer 12 month@3.85% and 3.9% @13months)

Sorry I forgotten to snap some pic but u guys can go ask if interested.
Also not necessarily nd fresh fund.
Existing fund is ok provided top up (fresh fund) min 10k.
Also option add on is available as well..

This post has been edited by xcxa23: Sep 29 2014, 11:22 AM

just curious, why choose hlb over sc?

Deleted..

This post has been edited by BoomChaCha: Oct 5 2014, 02:42 PM

Thanks for your update HLB FD info It has been added on Post#2
Do you know this HLB 13 months FD valid until when?

well, for two reason
1. my car loan is from hlb, ebroking and CC is from hlb
2. my town dont have sc and uob..

hmm... if not mistaken until end of Oct

Guys, just to check if my calculation is correct (using online calculator):

RM100k deposit for 18 months @ 4.25%

the interest for the 1st 6 months = RM2125?

Ya loh.. Warrior, a bit surprise you are quite hampsap also... joking only...

(1)
You have to prepare a will, this will solve a lot of problems.

(2)
If still in the middle of preparing the will, then to get your FD joint name with another person (I think up to 4 names
in total) that you trust, and instruct the bank to put the FD account either one to sign.

If anything happens, don't make the condolence on the newspaper, then banks will not know the death
news and they will not freeze the accounts (FD, saving, current).

(3)
If no will, then go to Amanah Raya, they charge few % from the total value of the assets, but will cheaper than hire
a lawyer.

Another option is Pusaka (land office), they will charge cheaper than Amanah Raya, but you will need to spend
time to go back and forth for paper work.

The best solution is (1)

But for EPF, you have to put the beneficiary name, EPF claims that they do not honor will --> This is our Bolehland...

This post has been edited by BoomChaCha: Sep 29 2014, 06:40 PM

Ah Goat, when SCB offers 4.00% for 12 months, I do not think we need look at this BSN FD promo anymore...


So, this means sometimes top FD rates do not mean will capture the whole FD market share..
Just like SCB wanted to hit 300 Million, but end up only hit 120 million..

Ok Thanks

Ha ha, Ah Boom, this is to spread out our hard earned money and as backup plan as well.

Guys, ING just boldly announced a FD promo with whopping 9.25% p.a. with zero penalty on per-closure, anyone could uncover the catches?

http://www.ivbl.co.in/campaigns/2014/produ...ef=adsizzler-94

either they are going to comb all the FD customers markets, or backfire big time if the catch is unfair.

btw, this is their email newsletter http://screenshooter.net/100257131/sidxksr

Edit: Just realized the mailer from India, anyone get it too? wonder why so high FD there.

This post has been edited by lowya: Sep 29 2014, 07:23 PM

Oh.. Like this ah..
No wonder SCB did not hit target in the first round of FD promo...

Now back to your diversify strategy.. logically speaking you are absolutely right...

But for me, I hate to go to many different banks for many times, usually when I see
a right target, I will shoot all my available bullets to the target gao gao lat...

I am not worried about SCB will go bankrupt in next 15 months
By the way, every time when I see SCB, I remember the Donald Duck coin container during my childhood..

4.25% (15 months) vs 3.95% (12 months), the different is 0.3%, this is quite a big difference..

In addition, BSN does not have PIDM

But in overall, you are doing the right thing..

This post has been edited by BoomChaCha: Sep 29 2014, 07:55 PM

This will lose 2 times of currency conversions plus some transaction fees.
And also need to take the risk if Indian currency depreciation vs Ringgit..

Hot, just learned that UOB 13 mths is now 4.0 % !

Ah Boom, you have your point also. It depends on the comfort level of amt that we placed in one bank. So, we are both right. All depends on the situation.

Oh..Really..?
Wind blows from where?

Yam Xing

Tomolo is it last day for SCB promo of 4.25% per 18months?

How fast can it be processed, let's say fresh fund..+ open a JustOne account? within one hour can get it done?

THanks..

This post has been edited by eleven dragon: Sep 29 2014, 08:20 PM

Sceptical ?

SCB's last day promo for 4.25% is 31 October
https://www.sc.com/my/campaign/special-rate-td/



This post has been edited by BoomChaCha: Oct 5 2014, 02:43 PM

Thanks for quick reply

Was in SCB again today. Lots of people and the leng lui complained did not have breakfast & lunch at around 2pm !!

This is the best deal now !

But their process is kind of slow. Have to get the FD cert later due to too many people in there.

When I first open my acct there, it took 55 minutes to complete the process.