Went to BR last Monday, was told no Banker's Cheque, only IBG available.

This post has been edited by cj7lee: Mar 13 2015, 05:36 AM

hi,

just done the OCBC FD 30k promo placement today, how to know if ringgitplus will send or post over the luggage?
any sifu can advice on this?

you will receive an SMS if you are entitled

I think she may have made a mistake.

My OCBC representative said you are entitled for both! Gave RinggitPlus a call just in case and they said the same lol.

https://ringgitplus.com/en/fixed-deposit/OC...tive-Treat.html

Maybank FD "DOUBLE 6 (6+6)"
25 February 2015 - 25 March 2015

Tenure	*Promotional Rates (% p.a.)	Effective Rates (% p.a.)	Prevailing Board Rate
1st 6 Months	3.60	4.10	3.25
Next 6 Months	4.60	4.10	3.25

Note: The placements are applicable over the counter only at any Maybank Branch in Malaysia.
*Should there be any Overnight Policy Rate (OPR) change; the offer rates may be revised.

More info: Maybank | T&Cs

Today gowanna put ringgitplus promo.
30k for 3 months 3.85%

1. they told me NO MORE RINGGITPLUS TROLLEY BAG
2. I still wanna put the fund. BUT they told me NO, YOU CANT PUT 3MONTHS FOR 3.85% even got fresh fund. MIN 6 MONTHS
3. they really like to talk bout the saving plans


This post has been edited by :XO: Mar 13 2015, 11:19 PM

Which bank offers the highest 3- and 6- month interest rate now?

Thank you.

New to lowyat here. Has anybody have any experience with Affin Bank Fixed Deposit Plus where they peg your interest rate to KLIBOR (the rate bank lend to each other??)?

http://www.affinbank.com.my/Consumer-Banki...FFINFDPLUS.aspx

The current KLIBOR rate for 12 months is 3.93%

http://asianbondsonline.adb.org/malaysia/d..._interest_rates

Seems attractive to me since I want FD rate that is consistently higher without going through hassle of musical chairs between banks when there is competition for deposits or putting precious money in banks without PIDM.

The strange thing about this product is that there is a floor, the interest rate pegged to KLIBOR will not be lower than for Affin's conventional fixed deposit.

Unless there is a catch, you will always come out ahead of conventional fixed deposit (unless there is promotion rate).

My gut instinct tells me that there is no such thing as a free lunch and there must be some gotcha clause lurking in the background (like JAWS).

Much appreciation to anybody who can enlighten me on this.

maybe this is the catch....10% of that deposited amount will have to be deposited into affinplus / casa?
maybe??

"AffinFDPLUS the 1st KLIBOR pegged Fixed Deposit product with HIGH Interest rate returns.
Start enjoying attractive FD interest when you place a minimum of RM10,000 in Affin FD Plus for 1, 3, 6, 9 & 12 months and RM1,000 in your AFFINPLUS or Current/Savings Accounts.

AffinFDPLUS Benefits:
•Only RM10,000.00 to start
•Deposit for 1, 3, 6, 9 & 12 Months
•Free Debit Card for convenient retail purchases with 0.5% cash transaction rebate

My understanding is the interest will be deposit into your savings account ever few months (cant remember how many months already)

1st page

The Ringgitplus promo for OCBC :

1) When this promo will ends?
2) Is it a samsonite luggage bag?
3) Worth it if comparing to put into SCB FD which is 4.5%pa for 15 months?

I see. Thank you.

10% in casa kills things off unless you have lots of money e.g. RM100,000 in Affin FD Plus + RM 1,000 to give lip service to requirement. Though need to confirm if minimum is RM1,000 as stated or 10% of FD amount.

I already have too many bank accounts so I will pass on this.

Probably just put money into conventional Affin Fixed Deposit, 3.7% for 12 months. No need to worry about CASA, PIDM or play another round of FD musical chairs.

Thank you again T231H!

See reply above.

Deleted. Double posting.

This post has been edited by bbgoat: Mar 14 2015, 01:17 PM

cool.. thanks for the clarification!

Indeed no free lunch.
IMO 3.93% is 0.57% lesser then 4.5% current top promo rate from the musical chairs market. 0.57% is 14.5% additional interest on top of 3.93% interest earned. Quite significant I would say.
I guess depositor with large bank balances may not like this option and prefer playing musical chairs.

Sorry, double posted due to slow 3G.

This post has been edited by aeiou228: Mar 14 2015, 02:01 PM

Hi guys, I am back in KL and as usual the first thing I do is update my Fixed Deposit Page. I am happy to note that many banks are still offering interest rates above 4% for their 12 Months FD and UOB 12 months FD Promo rate is even better than last month.

Click here to my Fixed Deposit Page to see current FD Promos.

Like I said above, UOB is now offering better interest rate for their 6 and 12 months FD Promo compared to their Christmas and CNY FD Promos; but, this higher interest rates are scheduled to be expired on 21 March 2015.

Also Maybank latest Step Up 12 Months nFD is scheduled to end on 25 March 2015.

Alliance bank 12 months 4.15% fresh funds 10k. Bank officer told me.