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 Fixed Deposit Rates In Malaysia V. No.8, Please Read Post#1 and #2

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bbgoat
post Mar 21 2015, 09:27 AM

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QUOTE(gchowyh @ Mar 21 2015, 01:10 AM)
All this was due to system problems & they don't even bother to pre-inform the customers or be terribly sorry or provide some compensation.

So in summary we always need to be vigilant & check (not sure if such things ever happen in other countries)
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Sometimes events that is happening in a company affect morale and causes problems to customers. shakehead.gif
cappuccino vs latte
post Mar 21 2015, 11:19 AM

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QUOTE(cherroy @ Mar 21 2015, 01:19 AM)
There is a reason, why some banks/company are more reputable than another due to the service quality and why they have large base on loyal customer/depositor.
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for example PBB? Their system rarely break down although the technology not so advance compared to the competitors. tongue.gif
mamamia
post Mar 21 2015, 02:24 PM

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RM0.00 Visit any AmBank branches to enjoy 3.60%pa (2mths) and 4%pa (5mths)for min FD/TD of RM10K. Promo ends 31/3/15.
zero721
post Mar 21 2015, 06:02 PM

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QUOTE(mamamia @ Mar 21 2015, 02:24 PM)
RM0.00 Visit any AmBank branches to enjoy 3.60%pa (2mths) and 4%pa (5mths)for min FD/TD of RM10K. Promo ends 31/3/15.
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Pure FD? Any T&C?
alexace11
post Mar 21 2015, 10:17 PM

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which AMbank FD plan is that?
mamamia
post Mar 21 2015, 11:07 PM

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I only receive the sms today. Didn't go to their branch to check yet
adele123
post Mar 22 2015, 12:00 AM

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QUOTE(earlgrey77 @ Mar 21 2015, 02:12 AM)
Hi new to FD , is there any calculation as to whether the interest rate is worth ? sorry i read the first page and still abit confused.
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worth what? the higher the better?

some banks advertise quite straight forward or put it as straight-forward. 4.2% p.a. for one year that's it.

some banks (example pbb) 4.08% first 6 months, 4.28% next 6 months. now if you look at the advert it says...

QUOTE
effective campaign rate for 12-month place is 4.18%p.a.


obviously choose 4.2%. calculation not necessary Just need to look at fine prints, etc.
Kaka23
post Mar 22 2015, 07:58 AM

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To date seems still scb having the best rate at 4.5%

nexona88
post Mar 22 2015, 01:54 PM

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QUOTE(Kaka23 @ Mar 22 2015, 07:58 AM)
To date seems still scb having the best rate at 4.5%
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go place your FD faster before BNM reduce the OPR rate in the next meeting tongue.gif
Kaka23
post Mar 22 2015, 02:33 PM

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QUOTE(nexona88 @ Mar 22 2015, 02:54 PM)
go place your FD faster before BNM reduce the OPR rate in the next meeting  tongue.gif
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When is the next meeting ar?

nexona88
post Mar 22 2015, 08:10 PM

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QUOTE(Kaka23 @ Mar 22 2015, 02:33 PM)
When is the next meeting ar?
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7 May 2015 (Thursday) icon_rolleyes.gif
Kaka23
post Mar 22 2015, 09:27 PM

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QUOTE(nexona88 @ Mar 22 2015, 09:10 PM)
7 May 2015 (Thursday)  icon_rolleyes.gif
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Thanks for the info
ManutdGiggs
post Mar 22 2015, 11:21 PM

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adele123
post Mar 23 2015, 09:04 AM

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QUOTE(nexona88 @ Mar 22 2015, 01:54 PM)
go place your FD faster before BNM reduce the OPR rate in the next meeting  tongue.gif
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this is probably not likely to happen...
fkinmeng
post Mar 23 2015, 10:49 AM

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QUOTE
Am Bank - New added by bbgoat on 2 March 2015
3 Months at 3.93%


still valid?

bbgoat
post Mar 23 2015, 10:55 AM

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BR updated their website with more security features. FD interest crediting as usual, on the dot (someone else was having problem ?) So only thing is their FD rate not that attractive as compared to other banks promo.

In contrast, SCB has this 6 mthly interest crediting issue which has not been resolved after >1 week. shakehead.gif

This post has been edited by bbgoat: Mar 23 2015, 10:56 AM
TSGen-X
post Mar 23 2015, 12:12 PM

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Like I have been saying at Post#1 and at my Fixed Deposit Page - always check UOB promos as they revise them on a weekly basis.

Went to UOB to renew children FDs, good news, UOB School Holidays Promo extended until end of month smile.gif

3 Months 3.95%
6 Months - 4.05%
12 Months - 4.25%

However, since mine is not fresh fund, my RM only offered me their "standard" FD Promo which is scheduled to end this month too:

3 Months - 3.85% NO stupid CASA thingy.
6 Months - 4.0% NO stupid CASA thingy.
12 Months - 4.2% NO stupid CASA thingy.

And since I too lazy to go transfer funds here and there and work for FREE for my children, hahaha, and the amount not really substantial to ask my RM go seek approval from HQ, I renewed the FDs based on above "standard" promo rates.

This post has been edited by Gen-X: Mar 23 2015, 12:14 PM
??!!
post Mar 23 2015, 05:21 PM

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QUOTE(wodenus @ Mar 11 2015, 12:55 AM)
These interest rates are for one year. If you need to have on-demand cash, and can stand to wait a few days to receive your funds, you can try Fundsupermart's money market account - yield is 3.67% now. Drawback is no PIDM protection.
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Searched their site, can't find much info on how to go about this.
Appreciate if can provide link. Many thanks in advance.

Which bank giving the highest 1 month FD rate?...Affin at 3.25%?
wodenus
post Mar 23 2015, 05:42 PM

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QUOTE(??!! @ Mar 23 2015, 05:21 PM)
Searched  their site, can't find much info on how to go about this.
Appreciate if can provide link. Many thanks in advance.


It's there on the front page RHB-OSK Cash Management Fund 2

http://www.fundsupermart.com.my/main/home/index.svdo

They have a live chat you can try to ask them via that.


??!!
post Mar 23 2015, 09:14 PM

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QUOTE(wodenus @ Mar 23 2015, 05:42 PM)
It's there on the front page RHB-OSK Cash Management Fund 2

http://www.fundsupermart.com.my/main/home/index.svdo

They have a live chat you can try to ask them via that.
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Terima Kasih!

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