I just came back from a MBB branch instead of Premier Wealth Centre or Premier Wealth Lounge (I got no idea what is the diff between PWC and PWL), and too bad did not manage to catch your earlier reply to my post.

Asked the MBB staff at reception counter and was shown the FD promos reported here. When I asked her about 4% Islamic Upfront, she had no idea and referred me to an Officer. When I saw the Officer, I immediately asked about 4% Islamic Term Deposit. She asked me how I knew about it, I said from friend. She then asked me I'm depositing cash (I was dressed like a VCD seller - wearing T-Shirt, slippers and having a sling bag, hahahaha) or funds from which bank? I said any bank also can (as if), then she said how about CIMB, aiyah, that bank I have no account  , hahaha. So, I said I have RHB, she then only disclose that there is indeed a 4% upfront Islamic Term Deposit for funds from RHB, CIMB and MBSB.

Anyway, I asked the Officer how the 4% works. She said the dividend will be credited into CASA immediately. I then asked what if my cheque have yet to be cleared (I was under the impression that I can use my Personal RHB Cheque but did not confirm if this was possible), she said she will hold the cert for 2 days (which means she is aware I 'm using Personal Cheque because if I were to give her RHB Banker's Cheque, sure okay ma).

Now, Bro, like I said, I should have read your post earlier about the RHB thingy. Now have to go reconfirm if my personal RHB cheque can or not. I guess maybe I will go to MBB Premier Wealth Lounge Centre (PWL) tomorrow and check it out because the branch I went to said no penalty fees if AUM falls below required amount. And based on what you said, I will also take my RHB PB Cheque Book to show proof I have RHB account and see using HLB Banker's Cheque can or not. Well, the plus side is now I have something to do for tomorrow 

..............

And on behalf of all here who are going to enjoy "under the counter" 4% upfront from MBB, a BIG thank you to MGM.

zenquix - my report above may or may not be useful to you.

Captain, u are welcome. I actually brought a RHB bankdraft to MBB for the 4% FD deal but was told it will still two days to clear eventhough I told them it is as good as cash.

The 3 mth 3.95% MBB promo, can you confirm again ? 

I just came back from a MBB branch instead of Premier Wealth Centre or Premier Wealth Lounge (I got no idea what is the diff between PWC and PWL), and too bad did not manage to catch your earlier reply to my post.

Asked the MBB staff at reception counter and was shown the FD promos reported here. When I asked her about 4% Islamic Upfront, she had no idea and referred me to an Officer. When I saw the Officer, I immediately asked about 4% Islamic Term Deposit. She asked me how I knew about it, I said from friend. She then asked me I'm depositing cash (I was dressed like a VCD seller - wearing T-Shirt, slippers and having a sling bag, hahahaha) or funds from which bank? I said any bank also can (as if), then she said how about CIMB, aiyah, that bank I have no account  , hahaha. So, I said I have RHB, she then only disclose that there is indeed a 4% upfront Islamic Term Deposit for funds from RHB, CIMB and MBSB.
Anyway, I asked the Officer how the 4% works. She said the dividend will be credited into CASA immediately. I then asked what if my cheque have yet to be cleared (I was under the impression that I can use my Personal RHB Cheque but did not confirm if this was possible), she said she will hold the cert for 2 days (which means she is aware I 'm using Personal Cheque because if I were to give her RHB Banker's Cheque, sure okay ma).

I think at least BSN does, because they advertise their FD promo 3.95% in this thread, you did not notice..?

Lets say if i deposit 50k for the Islamic Term deposit, they credit 2k into my fund on the spot right?

at any one point during the one year period, can i uplift the FD?

i saw that advert last week. now the advert below is "booking.com" 

 

can, no problem..

If no money how to play this kind of game..??  Ai..    This is a realistic world..

Hello Uncle Magic, you don't fool kinabalu lah...
Penalty will apply and will deduct money from principal..

Just to addon for PB status at AM Bank, there will be charges if AUM falls below RM200k. The only reason I am keeping it now is airport lounge is free if I swipe 5X overseas & 5X points for overseas purchases.

Lets say if i deposit 50k for the Islamic Term deposit, they credit 2k into my fund on the spot right?

at any one point during the one year period, can i uplift the FD?

 

can, no problem..

Penalty will apply and will deduct money from principal..

I dont fool fool one,  kinabalu ask can take out or not, of course can. Where can FD cannot premature withdrawal wan? But dont think can take advantage, like that all of us rich already. Penalty of course lah, kinabalu didnt ask, how i know not troll?

Sifus, say if I got fd in bank x. But then when I want to put another fd in bank x, can I request for same account no as my previous fd cert?

Eg,
previous fd account 1234567899
new fd account 987654321
Can I ask that my new cert also follow 123456789?

As fasr as I know, hong leong does that. If you previously opened a fd account with them, your subsequent account no will be same as your first cert.

Usually, you will only have one FD Account Number with a bank. But everytime you place a new FD, you will get a new Receipt Number.

As for HLB, you may have been assigned a new Account Number because they upgraded their system (last upgrade was when they merged with EON).

One of my HLB savings book (very old book which I hardly use) has 3 Accounts Number (2 updated with handwriting) and sometimes the teller also blur.

Hello Uncle Magic, you don't fool kinabalu lah...
Penalty will apply and will deduct money from principal..

But for each cert they printed the  account is different (affin, scb) except HLB. HLB all same no. (eg 123456789) So no, I dont have new account no with HLB.

My question is can I ask affin and scb to do the same like HLB? Print same account no on my next fd?

Hello Uncle Magic, you don't fool kinabalu lah...
Penalty will apply and will deduct money from principal..

But for each cert they printed the  account is different (affin, scb) except HLB. HLB all same no. (eg 123456789) So no, I dont have new account no with HLB.

My question is can I ask affin and scb to do the same like HLB? Print same account no on my next fd?