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

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davinz18
post Sep 6 2014, 08:42 AM

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Check-in V7 rclxm9.gif Good job Sifu notworthy.gif
davinz18
post Sep 10 2014, 11:20 PM

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QUOTE(nsx88 @ Sep 10 2014, 10:55 PM)
15mths 4.25% at Standard Chartered before 19th September.
12mths 4.0 %.

These must be the highest RATES offer at this time for PIDM Bank Deposits.
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T&C? CASA requirement? hmm.gif
davinz18
post Sep 10 2014, 11:25 PM

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QUOTE(BoomChaCha @ Sep 10 2014, 11:20 PM)
Aiyo...!!!...  thumbup.gif 
This FD promo is really "gao lat" this time...  drool.gif

Link:
https://www.sc.com/my/campaign/special-rate-td/

Terms & Conditions:
https://www.sc.com/my/campaign/special-rate...ampaign-tnc.pdf

Thanks so much for this FD info..
I am updating this promo on Post #2 now...
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This promotion will automatically end before 19 September 2014 if the Bank and/or Standard Chartered Saadiq Berhad received RM300mil in total deposits whistling.gif


davinz18
post Sep 10 2014, 11:39 PM

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QUOTE(BoomChaCha @ Sep 10 2014, 11:35 PM)
Ya loh.. This promo is only available for 10 days only wor..

It seems to be a pure FD but just need to open a saving or current account
for the purpose to deposit the FD interest..

Oh..This is the best FD promo so far..  thumbup.gif
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main point is RM300mil in total deposits which could be earlier than closing date on 19Sept nod.gif
davinz18
post Sep 11 2014, 11:39 PM

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QUOTE(nsx88 @ Sep 11 2014, 11:33 PM)
I got an Insider tip....

Interest Rates will not go up in September.... But will goes up in November meeting.....

Possibility of having more FD promos soon...
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juz as I suspected as The first shot has been fired by Strd Chrtd Bank nod.gif
davinz18
post Sep 12 2014, 06:23 PM

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QUOTE(dEviLs @ Sep 12 2014, 04:51 PM)
guys, let say you have a fund of 300-500k, will you go to a bank and nego for best rate or place 100k in different banks ?
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better to split the amount icon_rolleyes.gif

u can chose both PIDM & Non-PIDM banks which offer the highest rate respectively
davinz18
post Sep 13 2014, 01:40 PM

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QUOTE(Human Nature @ Sep 13 2014, 12:02 PM)
meaning if the OPR remains the same on the September meeting, more banks are likely to offer more FD promo?
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yup, to catch "cheap" money from depositors nod.gif
davinz18
post Sep 13 2014, 01:51 PM

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QUOTE(Human Nature @ Sep 13 2014, 01:46 PM)
ah..sounds good too! having some FD maturing between the sept and nov meeting  biggrin.gif
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good for you rclxms.gif
davinz18
post Sep 14 2014, 11:30 AM

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QUOTE(Nauts @ Sep 14 2014, 09:05 AM)
mostly is company money, using one bank now, 6 months 3.45%pa

dont want to put too many months, need to be liquid in case...
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better to spread to few banks. u may get higher rate nod.gif

refer to 1st & 2nd post for more information icon_rolleyes.gif
davinz18
post Sep 14 2014, 01:08 PM

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QUOTE(haur @ Sep 14 2014, 12:26 PM)
SCB savings account require 1.5k for new applicants?
I don't have a CASA with them.
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even basic saving account need 1.5k? hmm.gif
davinz18
post Sep 14 2014, 11:38 PM

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QUOTE(Human Nature @ Sep 14 2014, 01:29 PM)
Min deposit for basic saving acc is RM20
https://www.sc.com/my/cb/fees_and_charges.pdf
page 10
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QUOTE(Human Nature @ Sep 14 2014, 05:40 PM)
Saving Accounts with no transactions for 1 year (12 months) will be considered as dormant. Any dormant account with a balance of RM10 and below will be deducted by the Bank as dormant fee and the account will be closed. For accounts having a balance of more than RM10, a dormant fee charge of RM10 per annum will apply until the remaining balances are sent to unclaimed monies as per Unclaimed Monies Act 1965

So once open, then do IBG 1 time  biggrin.gif
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Thanks for the information. I tot need 1.5k to open new account sweat.gif

davinz18
post Sep 15 2014, 06:43 PM

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QUOTE(bearbear @ Sep 15 2014, 05:59 PM)
queue for like 30 mins, then the whole process (i am new to bank) takes another 30 mins. not fast but better than ocbc and yes alot of eye candy as well lol

u worried me a little bit with the just one acc i totally forget to instruct for most basic acc (see what eye candy did?) anyway i checked mine and is just one saving acc, dont think it is complex aite? since they only ask 20 bucks from me to deposit.

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u open "JustOne Personal Savings Account" for only rm20? not 1.5k as stated on their website? hmm.gif
davinz18
post Sep 15 2014, 11:27 PM

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Put 1mil in FD shocking.gif better invest other places, can get more return with that kind of amount tongue.gif

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