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

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hcolin
post Dec 6 2014, 02:57 PM

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Dunno if anybody have mentioned the new December FD promo at OCBC.

For Fresh Funds
13 months FD promo - 12 months @3.9% p.a + 13th month @6% p.a
Effective rate is 4.06%

For Existing Funds
12 months @3.5% p.a
hcolin
post Dec 15 2014, 09:57 AM

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QUOTE(cybpsych @ Dec 12 2014, 08:41 PM)
Hong Leong 12-Month Festive FD Promotion
15 December 2014 - 31 March 2015 (both dates inclusive)

12 Months @ 4.08% p.a.

● Fresh fund required.
● Min RM10k. Max RM5mil.
● Required to nominate a CASA Account for the purpose of crediting the FD interest.
FD interest must be credited into the CASA on a monthly basis.
● Interest to be added-on to the FD principal sum is not allowed.
● Upon maturity, the Principal FD amount shall be auto-renewed at the prevailing 12-month Conventional FD board rate.

More info: HLB | T&Cs (En) | T&Cs (BM) | T&Cs (Chinese)
Aiyah...I opened a new FD there in SEP and the rate was 3.85% p.a

Somehow, no matter how good the FD rate a bank offers, another better one will appear out of no where after you deposit into it!!!
It is like buying a Samsung phone .. :-D



hcolin
post Dec 15 2014, 02:41 PM

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Saw this at Hong Leong just now.

Attached Image

Plus I ask them if they got any new promo for FD and they said only the 3.85% p.a like she do not know there is a newer one

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