Wanna ask.. for those placing ambank 3 years 4.5%

Mau i know the interest payment is paid annually or at the end of the 3rd year ??

every 6 months, into saving account

For senior/elders >50 years old can get monthly interest.

Minimum Fresh Fund RM50 ?? RM50k.

UOB 4.2% 12 mth extend until when ? Thanks.

This post has been edited by bbgoat: Jan 13 2015, 09:10 PM

latest. big c tak jadi

http://www.freemalaysiatoday.com/category/...ger-called-off/

My choice is Aus$. Ocbc last year have the promo of additional 5% for 1 month foreign currency FD. I took it up and make slightly better than FD rate through the gain of currency conversion. Please check with Ocbc is the promo still on.
But you need to monitor closely on the exchange rate and be prepared to uplift before maturity to capitalse on the exchange rate gain.

This post has been edited by gsc: Jan 13 2015, 10:41 PM

Hmm.. tats not bad..

i always had it in my mind tat interest will be paid end of 3rd year which will make the whole thing so boring.

if 6 mths, then not too bad.. if can reinvest tat interest into the FD acc, even better..

I create the 36months fd also but they didn't mention of create saving account. Does it mean no interest for me?

that's strange.. maybe you already have an existing saving account for interest credit.

Thanks for the heads up... will check with the foreign banks.. asked Maybank but they said have to provide justifications such as business or overseas study for opening foreign currency accounts..

hahaha, RM50 no way can be eligible for any FD placement.

As for UOB, you still want to go and deposit with them after you last experience

My last experience is because of opening of NEW joint acct. Before that have been quite OK with my individual acct as sometimes only <15 minutes can get FD receipt/acknowledgement sheet (must remember not to use FD cert ) already.

Was told now joint acct successfully opened. Can consider it if not my partner in crime may complain.

From your blog:
"UOB 12 Months FD - 4.2%. Supposed to be until 9th January but since OCBC is offering 4.2% until end of 31 January 2015, UOB may extend and match or even offer better. So ask."

http://generationsxyz.blogspot.com/p/fixed-deposit.html

This post has been edited by bbgoat: Jan 14 2015, 11:06 AM

If i put rm5000 fd for 1 month at a rate of 3.15% p.a, then after 1 month the interest earned will be rm13.13 is it like this?

It can vary by several cents for that amount. At the end of the 12 months, added together you will get RM157.50.

So go ask lah, hahaha. Same lah like OCBC, UOB match until end of month (as it is right now but UOB can change their rate weekly and may even increase).

This Friday UOB launching an investment product betting on FOREX and my RM mentioned 8% returns and I say not interested, haha.

Bro, it's time of the year again where we get a side benefit from depositing with so many banks I just got my first Ang Pow for 2015 - click here to my Facebook Page to see Maybank's Ang Pow for 2015. You don't need to friend me to see my posts at facebook

This post has been edited by Gen-X: Jan 14 2015, 02:08 PM

BR from 2014 has given an attitude of take it or leave it for FD depositors. So from later half of 2014 forward, i have been uplifting FDs thats has reach maturity to other banks. Looking back BR rates was not bad.

bbgoat has since triggered me that rates are open for nego again so feeling a bit lazy nowadays, called the ABM and was later given nego rate of 4.20% for 12 months. Went there today, since was late, IBG my annual EPF contribution to Maybank for later placement and was charged RM2. The remainder portion was placed on 12 months FD and was not offered any gift.

Feeling unhappy, called OCBC ( courtesy of tips from gen-xbbgoat) and was notified of 4.20% for 12 month placement. Logon to my Premier Banking and it is still active even though all CASA has been closed previously. Open new Saving Account. Went back to BR and IBG over to OCBC.

exactly!

3 way proposed Merger between CIMB, RHB n MBSB is OFF
Thus, MBSB FD won't b cover by PIDM in future

FD in Foreign currency in different from foreign currency account. I have foreign FD with Citi, Public and Ocbc, no question asked.
Public bank provides foreign currency account. No question was asked when I opened mine a couple of years back.

Hong Leong Bank 6-month Premium FD Bundle CASA Promotion
12 January 2015 - 8 February 2015

6-month @ 4.35% p.a. , min. RM100k, 80% FD:20% CASA split

More info: HLB | T&Cs (EN) | T&Cs (BM)