Scenario 1. Not considered fresh fund. However maybe can cash out first, then redeposit at different counter to try luck.
Scenario 2. Cant open FD account to Ibg across.

Thanks for your reply.

Scenario 1:
Anyone has experience before? If I cash out, do I need to wait 1 day or 1 month to join the campaign? Or depend luck?

Scenario 2:
Seems like the only way is to bring cash. Wondering those requires RM30K fresh fund, do people really bring cash to bank?

In Alliance Bank this morning. Their FD promo extended till end of May:

FD Gold 12 mth 4.2% with monthly interest for those >40 years old, min 30k
FD Islaminic 12 mth 4.1%, min 10k

This post has been edited by bbgoat: Apr 30 2015, 01:54 PM

Can use personal cheque, banker's cheque rather than cash.

hahaha me long time absent from thread! I think last was page 30+ now pg 98 oredi!!!

saw GenX's community service alert about maybank's treatpoints yesterday - today last day for 250pts=RM1, wef 1/5 400pts=RM1 ... so this morning went to menara maybank to redeem all my points! Busybody lah ... went to FD dept ask about promo. Until 21/5 they hv a triple-three 9mth straight FD deal with effective rate of 4.15%

I thot that was good but found out frm boom's post#2 BR offering 4.25 for 9 mths Frankly that's better but with Alliance's monthly interest for 12mth/4.2% coming into the fray, that's the best imho.

So looks like US not gonna hike rates, huh?

And did I hear someone say BNM gonna cut OPR?

ooooooooooooooo

u would be surprise how "small" is 30k for some people who normally do cash transaction in banks

p/s: not me, but I saw few of them

This post has been edited by nexona88: Apr 30 2015, 04:25 PM

got my trolley before the long break

Congratulation !

I have missed out on the air filter and the trolley. Next time have to chase after these !

Say, if one get the trolley bag/air filter, one can remove the fd from the bank and put in another place right?

After all, bag/air filter is much more expensive than the loss interest right?

Regarding Public Bank promo islamic FD rate 3.98% 4.28% 4.38% the interest will be paid 4-monthly.no penalty if withdraw after each 4-month matures, FD accepted on the same date as cheque

This post has been edited by [="@k£LwIN@"=]: Apr 30 2015, 08:21 PM

go ask the bank what is their definition of *fresh*. some banks consider funds that arrived on the day itself as fresh. if i remember a poster correctly, at least hsbc works this way.

This post has been edited by kit2: Apr 30 2015, 08:13 PM

Hsbc gov allowance up to 7 days for fund considered as fresh

My personal experience
UOB
Took out as cash and went for lunch. My friend said why dont you place it back and may be bank will consider fresh fund. Tried and counter staff took it as fresh. Different counter staff

Took out as cash and add on some cash and the counter staff took it as fresh. My original intention was to place it with other bank.

Public
Guess I was lucky, told the counter staff, I want to place a FD with existing fund (about 1 month old), she checked with the officer who said okay and considered it as fresh fund.

Ocbc has a clear policy on fresh fund definition but cant remember is it a week or ?

UOB:
Once RENTAS out and issue personal cheque from another bank and placed FD as "fresh fund". At the same teller, they seem to know the "trick" that customer is doing.
Second instance the teller asked me to top up 10k to the matured FD and placed new FD under promo rate. No need to RENTAS out.

This post has been edited by bbgoat: May 1 2015, 08:57 AM

Say, if one get the trolley bag/air filter, one can remove the fd from the bank and put in another place right?

After all, bag/air filter is much more expensive than the loss interest right?

u mean already got the trolley bag/air filter in your hand? then cancel FD & move elsewhere? No problem I think

Yup that is what I meant. Say move to affin 4.38. If I am not mistaken the ocbc was 3.9% right?

Bag/air filter definitely worth more than the interest given.

By moving to say affin or uob, one can get the best world. Bag/air filter + high interest.

Am I right here? Correct me if I am wrong

If ethics can talk, he will say it is wrong

why can't people distinguish what is right/wrong? doing this type of things is kind of some more want to highlight or ask more pipu to follow?

This post has been edited by sandkoh: May 1 2015, 05:26 PM

First, I don't even did that seeing that I have no FD with them. This was just a random question which pop into my mind to maximise profits from banks since banks like to maximise profits from us.