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

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ragk
post Nov 1 2014, 06:03 PM

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What does this mean? Mean if i put deposit the money >6 months but get it b4 12 months, they pay 3.83%, but if > 12 months, they will pay me 4.28%?
and what does the 'fresh fund only' mean?

This post has been edited by ragk: Nov 1 2014, 06:06 PM
ragk
post Nov 1 2014, 07:08 PM

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QUOTE(rjb123 @ Nov 1 2014, 06:20 PM)
First 6 months 3.83%, next 6 months 4.28%

Ie 6 x 3.83% , 6 x 4.28% = 4.05% effective rate
*
mean they are paying interest twice if i put 12 months? Sorry i din't put any FD b4, normally FD only pay u once per year right?
ragk
post Nov 3 2014, 12:02 PM

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wooo pay twice per year, that's alot. More promising then buying UTF. All my money is in PB bank, so I'm cant transfer the money from my available bank account and get the plan :/ ?

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