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 Fixed Deposit Rates In Malaysia V. No.8, Please Read Post#1 and #2

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bbgoat
post Jun 2 2015, 01:36 PM

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QUOTE(Limmf77 @ Jun 2 2015, 12:32 PM)
No problem for me.. in fact i just use affin online to pay my credit card bill.
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QUOTE(bbgoat @ Jun 2 2015, 01:30 PM)
Did you login thru' the below link:

https://rib.affinonline.com/rib/pb/logon

Thanks !
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OK, found out the problem. Firefox was having problem with the link. Used IE and can go in. shakehead.gif

Thanks !
Ramjade
post Jun 2 2015, 01:44 PM

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By the way, how much is affin interest rates? Is it as high as M2U savers?
ivzh
post Jun 2 2015, 01:58 PM

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Thanks for the suggestion, i m interest to put my fd in HSBC for the 5%PA interest

if i m going to have 4 FD account
FD A (mine) - 30k
FD B (mine + mother) - 30k
FD C (Wife) - 30k
FD D (mine + wife) - 30k

after 3 month, i should gain 120000x5%= 6000 am i correct?
Did some google but couldn't find the T&C for the FD promotion. So the promotion end on 30th june 2015? anyone have the link? TQ
Ramjade
post Jun 2 2015, 02:06 PM

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QUOTE(ivzh @ Jun 2 2015, 01:58 PM)
Thanks for the suggestion, i m interest to put my fd in HSBC for the 5%PA interest

if i m going to have 4 FD account
FD A (mine) - 30k
FD B (mine + mother) - 30k
FD C (Wife) - 30k
FD D (mine + wife) - 30k

after 3 month, i should gain 120000x5%= 6000 am i correct?
Did some google but couldn't find the T&C for the FD promotion. So the promotion end on 30th june 2015? anyone have the link? TQ
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Yes. You are right. But make sure you close account after 3 months or else the rates will revert back to board rates.
ivzh
post Jun 2 2015, 02:28 PM

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QUOTE(Ramjade @ Jun 2 2015, 02:06 PM)
Yes. You are right. But make sure you close account after 3 months or else the rates will revert back to board rates.
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the interest will be distributed to principal account after 3 month right? then it will be renewed automatically with the board rate, correct?
thanks
jctasoga
post Jun 2 2015, 03:22 PM

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5% is per annum right? so u need to divide rm6k / 12mths x 3mths isnt it?
aeiou228
post Jun 2 2015, 03:26 PM

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QUOTE(ivzh @ Jun 2 2015, 01:58 PM)
Thanks for the suggestion, i m interest to put my fd in HSBC for the 5%PA interest

if i m going to have 4 FD account
FD A (mine) - 30k
FD B (mine + mother) - 30k
FD C (Wife) - 30k
FD D (mine + wife) - 30k

after 3 month, i should gain 120000x5%= 6000 am i correct?
Did some google but couldn't find the T&C for the FD promotion. So the promotion end on 30th june 2015? anyone have the link? TQ
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You haven't completed the interest calculation.
Rm6000 x 3/12 = xxxxx is the correct answer.
hidekoywk
post Jun 2 2015, 03:35 PM

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QUOTE(Ramjade @ Jun 2 2015, 02:06 PM)
Yes. You are right. But make sure you close account after 3 months or else the rates will revert back to board rates.
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5% per annum means you are getting RM6k if you leave it there for 1 whole year (provided the rate remain the same for 12 months).

You are only getting RM1,500.00 for 3 months base on RM120k you park with HSBC.

Btw, any forum or website i can refer to for corporate fixed deposit?
cybpsych
post Jun 2 2015, 03:44 PM

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QUOTE(ivzh @ Jun 2 2015, 01:58 PM)
Thanks for the suggestion, i m interest to put my fd in HSBC for the 5%PA interest

if i m going to have 4 FD account
FD A (mine) - 30k
FD B (mine + mother) - 30k
FD C (Wife) - 30k
FD D (mine + wife) - 30k

after 3 month, i should gain 120000x5%= 6000 am i correct?
Did some google but couldn't find the T&C for the FD promotion. So the promotion end on 30th june 2015? anyone have the link? TQ
*
before u tgh syok-syok with the interest gain, are you sure you are eligible to become HSBC Advance customer?

T&Cs here for 5% p.a. @ 3 months.
Ramjade
post Jun 2 2015, 03:56 PM

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Sorry. My calculations were wrong

This post has been edited by Ramjade: Jun 2 2015, 04:24 PM
Ramjade
post Jun 2 2015, 03:58 PM

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sorry. Calculations wrong

This post has been edited by Ramjade: Jun 2 2015, 04:23 PM
BoomChaCha
post Jun 2 2015, 05:49 PM

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QUOTE(bbgoat @ Jun 2 2015, 01:27 PM)
I said I got the BR interest up to May month. The last date is 23rd May. Do you have any around that date of 23rd or earlier ?

Next one for me on 8th of June.  biggrin.gif
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I also received FD interest on 1st May (Product code: Mubeen) & 8th May (Product code: Berjangka).
But for the interest I was supposed to receive yesterday (1st of June, Mubeen), I did not receive.

Maybe Mubben has problem, but not for Berjangka

I know you have Berjangka, let's see if we can receive FD interest on 8th of June..
gsc
post Jun 2 2015, 07:40 PM

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QUOTE(Ramjade @ Jun 2 2015, 11:17 AM)

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Example
BSN
10k x 0.0315 x (1/12) =RM26.25

Affin
10k x 0.0325 x (1/12) = RM27.08


If the principal is low, a difference of 0.1% for one month tenure is only 83 sen, or per year RM 9.96. The time used to renew or switching bank, parking fee, petrol money etc may be more costly
wil-i-am
post Jun 2 2015, 08:03 PM

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QUOTE(Ramjade @ Jun 2 2015, 01:44 PM)
By the way, how much is affin interest rates? Is it as high as M2U savers?
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Click tis link
http://www.affinbank.com.my/General/Rates/...on-rate-en.aspx
BoomChaCha
post Jun 2 2015, 08:53 PM

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Did anybody receive this letter from Bank Rakyat? rclxub.gif

Attached Image

This post has been edited by BoomChaCha: Jun 2 2015, 08:55 PM
cybpsych
post Jun 2 2015, 10:08 PM

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Business Flexi FD: Boost your returns up to 4.90% p.a.
1 Jun 2015 - 31 Aug 2015

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

user posted image
SUSjudehow
post Jun 2 2015, 10:42 PM

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QUOTE(cybpsych @ Jun 2 2015, 10:08 PM)
Business Flexi FD: Boost your returns up to 4.90% p.a.
1 Jun 2015 - 31 Aug 2015

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

user posted image
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ocbc fd is this still valid since they still advertise at the website

esy
post Jun 3 2015, 12:29 AM

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QUOTE(BoomChaCha @ Jun 2 2015, 05:49 PM)
I also received FD interest on 1st May (Product code: Mubeen) & 8th May (Product code: Berjangka).
But for the interest I was supposed to receive yesterday (1st of June, Mubeen), I did not receive.

Maybe Mubben has problem, but not for Berjangka

I know you have Berjangka, let's see if we can receive FD interest on 8th of June..
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... from what I understand Mubben is different from Berjanka. Mubben is sort of an Islamic Investment Deposit Account with a Timeline, and any Investment sort of Instrument does come with some level of risk. Berjangka is the normal Fix Deposit account. All are base on the Islamic principal. How did you end up opening this Mubben account? Like all sort of like Unit Trust or ASN Investment tools, they will need to send you a statement of how well or poorly your investment have done yearly. It is only my personal understanding, and I stand to be corrected ... smile.gif ...
gsc
post Jun 3 2015, 12:51 AM

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QUOTE(judehow @ Jun 2 2015, 10:42 PM)
ocbc fd is this still valid since they still advertise at the website
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ocbc FD still the same. Just made a FD placement on 1 June, 180 days 4% and 180 days 4.4%. Islamc FD 12 months at 4.2%. I did not ask the promotion period. Guess it is till end June.
SUSjudehow
post Jun 3 2015, 04:04 AM

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QUOTE(gsc @ Jun 3 2015, 12:51 AM)
ocbc FD still the same. Just made a FD placement on 1 June, 180 days 4% and 180 days 4.4%. Islamc FD 12 months at 4.2%. I did not ask the promotion period. Guess it is till end June.
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Okay that means once I banking at slip they will print out 4.4% ?


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