Will be placing it tomorow as one of my FD with BR is ripe for plucking.

Ha ha, for me, it gives me good reason to get some more eyetertainment in OCBC. Probably next week.

BR called today asking me to confirm this Sunday hi-tea in Penang. Still maintaining some FD but did not top up for quite some time already.

This post has been edited by bbgoat: May 14 2015, 04:25 PM

OCBC changing RM quite frequently, now don't remember which RM assigned to me.

BR function I never attend. Now don't think they will invite as mostly all my FD out already.

OCBC going all-out by printing physical flyer and inserting into paper (TheSun)

Will they assign RM to you when you put in FD?

mine in MBB, I just go counter and put 10k in. Nothing about specific RM serving me

You need to join the bank as a PB customer before RM assigned to you.

Interest can add on? Or must credit to saving?

I hate the requirement to open CASA thingy Hopefully this one no need.

FD with CASA is different with FD which requires CASA. FD with casa, means you need to put usually 10% of what you put inside your FD into your CASA which will effectively lower your effective rate as the money inside the CASA cannot be removed for the entire length of that FD

FD which requires you to have CASA just need rm50 inside for them to credit your interest and principle. So it is OK

By the way, the OCBC step up rates will change with opr like PB or they will maintain it?

u always place FD.. never support the RM by buying the unit trust.. so they no business, then lingkup and run else where lor.

I got Unit Trust mah.. from PRS tax purpose lah.. I m also heavy in bluechip. My money all in RM ( ringgit) all support 1MDB..


This post has been edited by magika: May 15 2015, 08:49 AM

When I read:
My money all in RM

excitement of "which RM", "RM in which bank ?" ...........

But short lived. Good one !

This post has been edited by bbgoat: May 15 2015, 09:38 AM

Guys,

Ocbc step up is it the same like PB which will change according to opr?

Most banks FD has the clause rates may changed according to OPR. Dont read much into it.

alliance bank's efd system is the most sheety system i have ever used... transferred fresh funds in, cannot detect as fresh funds... called CC, they tell me to wait 1 month... what nonsense? promo ended by then =.=

change when OPR change?

i thought its FIXED deposit with interest rate FIXED.

Its offer may change according to OPR but no mention of before or during FD period. So far nobody has any complaints yet.

Zzzzz

"fixed" is for the nature of the deposited fund, NOT "fixed" interest rate that remains perpetual.

OPR tends to be revised from time-to-time, hence banks are protecting themselves in-advance if they need to revise the interest rates according to revised OPR (if occurs).

So how about those fd with say 4.2/year? Will the interest rate change even though you put for for 1 year? I am not talking about those step up