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 Fixed Deposit Rates in Malaysia V7, Please Read Post# 1 & 2

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ay@m
post Dec 26 2014, 07:28 PM

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hi all,

I have a question here. For PIDM, it's RM250k for one account per person.

If it's for joint account FD, will the PIDM covers RM250k or RM500k? can anyone help confirm? otherwise, i will ask bank or maybe try to contact PIDM.

Thank you!
ay@m
post Dec 27 2014, 09:47 AM

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wow, this is helpful, thanks!
looks like we just need to create separate accounts...

rclxms.gif rclxms.gif rclxms.gif rclxms.gif

QUOTE(spikeman @ Dec 26 2014, 07:37 PM)
Go through this, may be you can understand better.

http://www.pidm.gov.my/For-Public/About-De...nce/Calculation
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ay@m
post Dec 30 2014, 02:08 PM

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went to PB FD Xtra yesterday... apparently the rates up a bit...i think it is something like 4.08 and 4.28% ...both 6 months...

initially i thought it was something like 3.88 for 6 months and 4.28 for another 6 months...



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