REPO? I have read his blog but never come across REPO
Fixed Deposit Rates In Malaysia V. No.8, Please Read Post#1 and #2
Fixed Deposit Rates In Malaysia V. No.8, Please Read Post#1 and #2
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May 25 2015, 12:36 PM
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All Stars
24,334 posts Joined: Feb 2011 |
REPO? I have read his blog but never come across REPO
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May 25 2015, 12:39 PM
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Senior Member
6,614 posts Joined: Mar 2011 |
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May 25 2015, 12:58 PM
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Elite
8,601 posts Joined: Jan 2003 From: KL |
QUOTE(bbgoat @ May 25 2015, 12:29 PM) Captain, for me, having FD cert in my hand felt more secure. Though the only FD "cert" that I cannot find is the HSBC one which I learned also statement based. But I thought you said before that statement based has the risk of being withdrawn without our knowledge especially for joint acct. Haha ! Bro, that's is why I also mentioned many times that I am a very good boy that obeys my wife so that she is not pissed off and and shower her with gifts go that she doesn't withdraw all my FD without my knowledge and go on a shopping spree, hahaha.Wasai, you have 16 credit cards or more ! In the blog you showed techniques to get the money to work harder for people ! Q-Cash is one of them. Last year I know of REPO through you and have parked some eggs there short term (weeks then by day) to get 2.6% interest. Thanks ! |
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May 25 2015, 04:13 PM
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#2324
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Senior Member
10,001 posts Joined: May 2013 |
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May 25 2015, 04:15 PM
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#2325
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Senior Member
10,001 posts Joined: May 2013 |
Went to Maybank today
They offer promotion for 9 mths FD:- 1st 3 mths : 3.70% Next 3 mths : 4.20% Next 3 mths : 4.55% Effective : 4.15% Min : RM10k T&C : Subject to OPR changes |
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May 25 2015, 04:17 PM
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Senior Member
6,614 posts Joined: Mar 2011 |
QUOTE(wil-i-am @ May 25 2015, 04:13 PM) Maybank website:http://www.maybank2u.com.my/mbb_info/m2u/p...s/BTRE-Treasury DEPOSITS Repurchase Agreement In a Repo or Repurchase Agreement, the bank sells its money market instruments approved by Bank Negara Malaysia to an investor, with an understanding to buy back the instruments at an agreed price (interest rate) on a specific future date. A Repo offers flexibility because the tenor ranges from 1 day to 1 year and investors can retire the transaction earlier (Reverse Repo), subject to rate adjustment, should they need the funds prior to maturity. Maybank offers both conventional and Islamic Repo. This post has been edited by bbgoat: May 25 2015, 04:19 PM |
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May 25 2015, 08:13 PM
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All Stars
65,274 posts Joined: Jan 2003 |
QUOTE(cybpsych @ Apr 28 2015, 06:52 AM) ![]() Maybank Fixed Deposit (FD) TRIPLE 3 (3+3+3) Campaign 21 April 2015 - 21 May 2015 ![]() More info: Maybank | T&Cs QUOTE(Gen-X @ May 22 2015, 09:49 AM) Maybank, RHB and UOB seldom advertise their straight forward FD Promos Interest Rates in their websites. If you walk into a RHB or UOB branch, usually they will have some pamphlet on their FD Promos and most of their staff are briefed on the promos. However, for Maybank's case, not everyone in the branch may be aware what FD promos are being offered. Sometimes, Maybank can have more than 3 FD promos running concurrently, and in some instances, similar FD promo for conventional and Islamic banking. Click here to read my article Get More FREE MONEY With The Right and Best FD Promo - in this article I touched on Maybank "secret FD promo" where I first learned about it from members who reported about it in previous FD thread, i.e. from MGM and bbgoat. I had to speak to different people at a Maybank branch to learn about the T&C and to top that, the T&C varies between branches. So, the best place to find out about latest FD Promos is to come to this thread and read Post#1 and especially Post#2 by BoomChaCha and also visit my Fixed Deposit Page and then call or go to the branch to check them out. For your info, the Maybank 3+3+3 (9 months) FD promo effective rate 4.15%, the conventional promo ended as quota reached; but as of yesterday, it was still being offered under Islamic Banking. And minimum fresh fund RM25K (previously MBB FD Promos require minimum fresh fund RM20K but recently they increase it to RM25K). And Maybank FD Promos are opened to companies and societies too. QUOTE(wil-i-am @ May 25 2015, 04:15 PM) |
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May 25 2015, 09:57 PM
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Senior Member
1,634 posts Joined: Mar 2006 From: Ipoh @ Puchong |
Just wondering for those who opened FD with OCBC, did they ask to open a saving acc for withdrawing purpose? I told them i will withdraw with cheque instead of cash, but they insisted still hav to open saving acc.
End up they told me can open it while withdrawing after the FD matured.. RM20 only... |
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May 25 2015, 11:03 PM
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Junior Member
166 posts Joined: Dec 2008 |
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May 25 2015, 11:04 PM
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#2330
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Senior Member
10,001 posts Joined: May 2013 |
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May 26 2015, 06:59 AM
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All Stars
65,274 posts Joined: Jan 2003 |
![]() HLB “Family Day Campaign - 12-month FD Step Up Rates Promotion 29 May 2015 - 26 June 2015, 9:15:00 hours (9.30 a.m.) to 16:30:00 hours (4.30 p.m.) 1st – 4th month @ 3.80% p.a. 5th – 8th month @ 4.00% p.a. 9th – 12th month @ 4.50% p.a. Effective FD Rates @ 4.10%p.a. min RM10k Fresh Fund Priority Banking Premium FD: +0.05% p.a. rate, min RM100k Fresh Fund The FD interest shall be credited into CASA on monthly basis. More info: HLB | T&Cs » Click to show Spoiler - click again to hide... « This post has been edited by cybpsych: May 28 2015, 11:24 AM |
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May 26 2015, 07:37 AM
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Senior Member
699 posts Joined: May 2006 |
QUOTE(RokXIII @ May 25 2015, 09:57 PM) Just wondering for those who opened FD with OCBC, did they ask to open a saving acc for withdrawing purpose? I told them i will withdraw with cheque instead of cash, but they insisted still hav to open saving acc. No but UOB did. I almost unable to uplift my FD at UOB the other day.End up they told me can open it while withdrawing after the FD matured.. RM20 only... |
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May 26 2015, 10:57 AM
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All Stars
24,334 posts Joined: Feb 2011 |
Affin Bank FD 4.33% for 15 months. Minimum RM10k
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May 26 2015, 11:21 AM
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Senior Member
2,337 posts Joined: Oct 2014 |
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May 26 2015, 11:31 AM
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All Stars
24,334 posts Joined: Feb 2011 |
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May 26 2015, 11:41 AM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld |
QUOTE(cybpsych @ May 26 2015, 06:59 AM) HLB “Family Day Campaign - 12-month FD Step Up Rates Promotion had anyone claim the HLB gifts before?29 May 2015 - 26 June 2015, 9:15:00 hours (9.30 a.m.) to 16:30:00 hours (4.30 p.m.) 1st – 4th month @ 3.80% p.a. 5th – 8th month @ 4.00% p.a. 9th – 12th month @ 4.50% p.a. Effective FD Rates @ 4.10%p.a. min RM10k Fresh Fund Priority Banking Premium FD: +0.5% p.a. rate, min RM100k Fresh Fund The FD interest shall be credited into CASA on monthly basis. More info: HLB | T&Cs ![]() How to enrol? Izit automatic enrollment program, as long as the money is inside? And when it is due, then go where to claim? Haha.. Thinking to get 2 ikea pillow |
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May 26 2015, 11:46 AM
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All Stars
65,274 posts Joined: Jan 2003 |
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May 26 2015, 12:39 PM
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Senior Member
2,337 posts Joined: Oct 2014 |
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May 26 2015, 05:55 PM
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All Stars
65,274 posts Joined: Jan 2003 |
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May 26 2015, 06:14 PM
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Senior Member
6,614 posts Joined: Mar 2011 |
In BR today, after the previous Sunday makan makan and winning a lucky draw.
They will have a new promo starting Jun 1st to 30th. 12 mth 4.25%, min 25k. Have monthly interest as usual. @magika, interested ?? Confirmed that they are now charging RM5 per year for co-op card, RM8 for the other card. Also called CB to place some short term FD. Liked their phone banking as convenient to place and uplift FD. Except their rate is bad. This post has been edited by bbgoat: May 26 2015, 06:15 PM |
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