Which is the best FD to go for now if one have 50k? Is it UOB 4.2%@12 mths?
Fixed Deposit Rates in Malaysia V7, Please Read Post# 1 & 2
Fixed Deposit Rates in Malaysia V7, Please Read Post# 1 & 2
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Dec 14 2014, 07:16 PM
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#1
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Junior Member
135 posts Joined: Aug 2014 |
Which is the best FD to go for now if one have 50k? Is it UOB 4.2%@12 mths?
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Dec 26 2014, 02:45 PM
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#2
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Junior Member
135 posts Joined: Aug 2014 |
Today I had just placed 25k FD at RHB 4.15% for 9 months. Need to open SA of Rm100 before I could open the FD.
However they never issued me ATM card or passbook for the SA. The lady told me they will charge Rm20 annually for the ATM card. So i said i don't want it. Then they just issued me a piece of paper for the FD. But on the paper it never showed the Rm100 SA. Is it normal? The maturity date is 26 sept 2015, and it falls on saturday. So when can i go and withdraw the FD? 28th sept? And how much is the interest? They never stated on the FD slip. For UOB, they did stated the total interest on the slip. Anyone placed with RHB too? |
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Dec 26 2014, 04:22 PM
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#3
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Junior Member
135 posts Joined: Aug 2014 |
QUOTE(ciohbu @ Dec 26 2014, 04:06 PM) for my case, rm250 to open passbook saving account, then place 9 months FD. I thought min amount rm100? Why yours rm250? Anyway i think they should at least issue a passbook for the rm100 SA.i got 1 slip for FD, 1 passbook for saving account Then do you know when can we uplift the FD? On the maturity date itself? |
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Dec 26 2014, 06:10 PM
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#4
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135 posts Joined: Aug 2014 |
QUOTE(aijiet @ Dec 26 2014, 05:44 PM) I also placed 9 months FD at RHB just now and maturity falls on 26 Sep 2015. Ya service is very slow, took me 1.5 hours from the time i stepped into the bank. The staff told me there are few people opening saving accounts and i might need to wait for 1hr+, asked me to come in the afternoon. I feel lazy to go again, so i waited there. RM100 to open savings account (statement) and get a cash connect card. Oh no! i will be charged RM20 annual fee for the card!!! Bank staff pushing hard for bonus savers savings account which requires min RM500 >.< Took about 40 mins..service is slow and i had to run many counters cos i do not have any savings account. (RHB Kuching Simpang Tiga Branch) Personally think that Bank Rakyat and Affin Bank service are better and faster. *I request a plastic cover for my FD paper slip but the bank staff said out of stock !!! Then do you know when can you uplift the FD? On 26th sept that day? Interest is 25k x 4.15% = 1037.50? I saw someone posted before that RHB is one of the banks that does not pay interest on non-working day? What does it mean? |
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