Hello to all sifus here,

Today I found out my MBB conventional FD deposited via M2U interested rate were changed.

Jan and Feb 2015 I roughly get ~3.15% p.a interest which matched the advertised rate at MBB page. 

Due to I credit out the interest monthly, this month I found MBB only give ~2.89% p.a. interest, there is different of 0.26%, is M2U FD interest fix or floating? Interest earned are subjected to GST? 

Thanks for the answer.

seems like public bank really like rolling game

12M effective rate 4.21%

seems like public bank really like rolling game

12M effective rate 4.21%

Hak, last week just placed for their 4.08/4.28% 12 mth FD. Now they came out with this one. Looks like they are trying to beat other banks' 12 mth 4.2%.

But at least PBB now is coming out with better step-up promo, unlike 1/2 years ago. 

Just received SMS from OCBC. Their Ang Pow Contest extended from 18/3 to 20/3.

More competition to get the Ang Pow !  

Hi guys and FD sifus.

I applied for Maybank 2 Cards Premier and today they told me my application is being conditionally approved with the limit of RM30k against FD RM30k. Is this a normal procedure?

What is the advantages and disadvantages of this deal?

Thank you for registering for the OCBC Fixed Deposit Offer at RinggitPlus.

We really value the fact that you put your trust in RinggitPlus to get you more for your money.

We want you to know that every single customer that registers at RinggitPlus and deposits more than RM30,000 fresh funds in a new OCBC Fixed Deposit account during our Special Offer Campaign will get a FREE trolley bag.

That's right, EVERYONE gets a FREE trolley bag! (not limited to the first two hundred depositors only)

In addition to that, the campaign has been extended to 20th March 2015. So hurry and make your placement!

Once the Special Offer Campaign ends, OCBC will confirm all depositors details and we'll be in touch with you to arrange delivery of the trolley bag in April.

If you have any questions about this change to the campaign terms and conditions please do get in touch - we'd love to help you.

Happy Saving!

good news - the free trolley bag from ringgit plus now not just limited to first 200 but EVERY customers 

the email text :

Yay! I just receive their email too. GETTING A FREE TROLLEY BAG 

Pros: u got a pair of great cards without submitting proof of income
Cons: your cards are good as cancelled once you withdraw the FD

Thanks for the reply. I did submit proof of income, but I think it was due to being a freelancer the bank not really confident if I can maintain my income months to months.

Anyway, didn't really see the downside of this deal so will visit Maybank branch to open a FD.

Is there any tips that I need to be aware of when opening a FD account?

Thank you.

Your FD cert is held by the bank at board rate (damn low). You cannot withdraw your FD unless you can show them proof of income. If you withdraw, your card is cancel

Thanks for the reply. I did submit proof of income, but I think it was due to being a freelancer the bank not really confident if I can maintain my income months to months.

Anyway, didn't really see the downside of this deal so will visit Maybank branch to open a FD.

Is there any tips that I need to be aware of when opening a FD account?

Thank you.

board rate? I suppose I will still get the advertised rate of 3.30% p.a won't I?