from what i monitor... CIMB reduces their monthly rate by 0.1%, but then again, other banks were offering at 3.15% and CIMB offered 3.25%...so not surprised that CIMB lower the rates...

so do you mean all banks or just certain banks like what i mentioned above?

hi all,

Bank Rakyat is not protected by PIDM but according to this website, it is protected by government under Ministry of Finance...can anyone help confirm this?

https://ringgitplus.com/en/fixed-deposit/Ba...-Account-i.html

thank you!

i don't really have concern on this...but if they implement another law to limit how much you can take out per year after 60...then i'm gonna be pissed...
if i remember, they did propose something like this...and reason given was the people dunno how to control their expense and finish up the money as soon as they get it...

well...it's my money...you don't control how much i can withdraw....
prrrfffff