No offense intended, Bro. Thanks for sharing the info with us. So, our best guess that is that Affin will only credit the interest to us, after 15 months.

The thing is that I want to be armed with the complete information here, so that we can get the maximum benefit out of placing the FD. Sometimes, some clueless bank officers may give us the wrong information, and thus we may miss out some benefits.

Good thing is that we have this forum thread to know about the latest FD promotions.

This post has been edited by alvinkhorfire: May 31 2015, 07:54 AM

None taken. I never have the need to ask them to give me my interest monthly. I ikan bilis only. If want monthy interest, maybe RMxx only. No point.

Yeah, the monthly interest may not be much, for average Joe like us.

But, if we can get interest earlier, we can get higher effective interest rates, as frequently mentioned by FD experts here.

Examples:
a) Public Bank Step-up FD: The interest is credited to the saving account, after the first roll-up. We can transfer this interest to Maybank M2u Savers.

b) OCBC FD: The interest will be added to the principal, during the next step-up.

It is just a wishful thinking for now. Still, Affin's 4.33% FD interest rate is quite good.

This post has been edited by alvinkhorfire: May 31 2015, 08:16 AM

Affin 15 mths FD promotion is until when?

End of the year

RHB: FD Bundle with ASNB VP Unit Trust
(1) 3 Months at 7%
(2) 6 Months at 7.8%



Are these good deals?

Their VP Funds return namely ASN3 n ASG range from 2.07% to 3.20% pa @ 31/3/2015 n the returns is b4 deduct service charges

considering the recent drops in bursa, its performing well actually

really not keen to have tis Bundle ASNB fund with FD thingy..

FD should juz be pure FD.. don't mix with others investments products

juz my opinion

but ASG is cousin of the famous ASB, which provides constant annual return of 6% and above for past 10 years, which is about as good as EPF

Incorrect as ASB is a fixed price -v- ASG a variable price fund

yeah, you are right, i see the difference in price


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Very different Bro.
EPF dijamin kerajaan Malaysia. Whereas ASG talak jamin whatsoever.

I have mentioned on this before. You probably missed out on this. In April I went in on this UT/FD bundle of RHB.

I thought the ASG return is 5% to 6% range ?

Most likely is for the first year. As some said, you need to hold this for at least 2 years to make profit. 1st year, they charge you 5% upfront tax. Which effectively lowers your dividend/interest to 1-2% for that year. But we need to factor in the NAV as well.

I am not referring to the first year. UT holding need to be long term.

He was saying:
Their VP Funds return namely ASN3 n ASG range from 2.07% to 3.20% pa @ 31/3/2015 n the returns is b4 deduct service charges

This post has been edited by bbgoat: May 31 2015, 08:05 PM

In general, that is a good point. FD and UT to be separate.

For me, already own ASG, so went in to get the FD deal and top up on ASG.

ASG
Avg 3 yrs - 6.28% to 7.49%
Avg 5 yrs - 8.06% to 9.42%
Avg 10 yrs - 7.82% to 8.58%

Returns is based on movement of NAV

Banks offer high FD rate in order to entice depositors to take up UT products

suddenly tis FD thread become ASNB thread

anyway I stand on my opinion.. FD & UT should never be bundle together