Affin Islamic offering special FD rates (not publicised) until further notice (no cut-off date).

1 mth - 3.42% p.a
3 mths - 3.65% p.a.

Forgot to ask if new fund and min deposit required, but the last time in July they asked for min fresh fund of RM10K.

Be careful when you rentas out of SCB. Money supposed to reach recipient bank within the same working day if applied before 2 pm but my money did not reach the recipient bank until two days later and only after I followed up with them. I complained to the manager but no apologies or explanation nor refund of the RM9 rentas fee. On top of that I 'lost' two days interest with the recipientnbank. This happened about two years back. After that I closed all my SCB accounts including the very many Savings Accounts the 'lengchai' Sales Exec instructed us to open (we found out later it was done to meet his target) during SCB's last big FD campaign.

Guess it is on right away. Branch Manager called me earlier today to inform me about this. Think like the last time you will have to tell the counter staff to ask their higher-ups about these special rates.

FYI, funds newly deposited into Affin's savings account can be used to open FD that require fresh funds. I have done it before with the assistance of the Branch Manager. I realised that the Branch Manager does have quite a fair bit of autonomy. Once, the BM even waived the fresh fund requirement to allow me to open FD at special promo rates.

Yup, better hurry with MBB 'Attack' FD promo. (Lol, the officer actually called it that loud and clear for all to hear when I went in this morning to ask abt the 3.87% p.a for three mths term.) She gladly said they hv not reached their quota yet but when she tried to place the FD for me under conventionel banking, their system won't accept because quota has been reached. She wanted my biz badly so she tried again this time under Islamic banking n it went thru. So if any MBB branch say quota has been reached, ask if it's conventional or Islamic banking. And always ask to speak to senior officer as most counter stuff are really blur abt all these promos n hv little authority to talk to HQ on your behalf abt exceptions n exemptions.

This particular branch requires fresh funds from the three targeted banks either via IBG, Rentas, cheque or bankers cheque despite me showing her my CIMB statement. Had no choice but to IBG my funds from Affin to CIMB current acct n then issue cheque to place FD. Kinda 'mayfun' for the little bit extra interest as AffinnIslamic did offer me 3.44% (from previous of 3.42%) for one mth n 3.68% (previously 3.65%) for three mths without any need for fresh funds. Maybe take the little extra interest earned to buy the Affin BM a simple lunch - their service so far has been the best.

BTW, this MBB branch said they normally hold back FD Certs until cheque is cleared but since she knows that I hv already IBGed the funds to CIMB, she allowed me to take home with me the FD Certs together with a complimentary shoe-bag to compensate for the inconvenience of waiting for them to switch from conventional to Islamic. Actually earlier on I had been thick-skinned and asked the teller if they wld give me the shoe-bag but he told me no more stock. Don't know how his supervisor pulled out the bag from nowhere n gave it to me.

Hi, Captain. It's good u you are back n inspiring us with your words of wisdom n as well as updating post #1 at almost lightning speed for our benefit. But must say your First Mate, BCC, had been doing very a good job at running a tight ship in your absence. to both of you.

Not active in this thread because there are so many sifus n taikors here who know lots more on FD promos n strategies that I think I better shut up lest my ignorance shows. BBG, I am only good at how to be 'gain pun' (cheapskate in Hokkien) n develop thick skin to ask for cheap freebies from the banks. Not a sifu at all.

I do not hv much mollah to join in the musical chair game this time around as they r mostly tied up in UOB's 3.5% 9 mths FD promoted in April. Now that the rates r going up n up think its better to place at a shorter tenure provided there are very attractive rates like the current MBB promo. That way I need not sit out of the musical chair game which is getting more exciting now.

Very thankful for everyone's contribution on how best to play this FD musical chair game. Have fun everyone! Now, let the music start!!

FYI, Affin processed IBG application at abt 9.40am today n money already in my CIMB acct by 2.30 in the afternoon.

This post has been edited by sylille: Oct 23 2014, 11:42 PM

Guys, u hv not heard of "Hell has no fury like a woman's wrath."? So don't mess around with lenglui Flo. Once her probation over you better watch out

Aiyah, Captain Gen-X not piloting pirate ship so don't need eye-patch to enhance his image. He is really a v nice n respectful young man. I am v thankful he called me 'Sis' instead of 'Auntie'. Very flattered u guys, young enough to be my little bros, r calling me lenglui. Actually, I am an ex-lenglui who now totes a pension card to get senior citizen's privileges from banks.

Those Priorty or Privelege banking nowadays r really rubbish. Majority of the RMs r like buayas. They sulk n won't layan u anymore when u tak hui their sales pitch once too often. Despite serving us brand-name coffee/tea their brew still leave a bitter after-taste. Even their gifts, if u r priveleged enough to receive them, r sub-par. BBG, hope the tray from HLB is worth ur time n effort (like having to ask for it?).

Sorry Flo, know its OT. Hope u will just let it slip this time. Will keep mum after this post