Minimum RM10k

Just learnt about new 12mth step-up promotion by MBB starting from today, effective 4.13% min. 10k, till 5-Feb. if I remember correctly.

still not good enough.

SCB RM just texted me, 9 months 4.25%, 15 mths 4.5% ... until 6 Feb 2015 or RM600 mil quota. Min RM5k but with CASA required.

This post has been edited by McFD2R: Jan 20 2015, 04:48 PM

Any info on the CASA requirement compared with FD amount ?

Just only requires an opening of account, no amount necessary in the account. Full FD from what I know and also based on my previous FD with SCB.

Let's “EAT-lah” at 18 Locations with Food Trucks!
24 Jan 2015 - 13 Feb 2015

Fixed Deposit: 6-month @ 4% p.a., min. RM5k fund

More info: HLB | T&Cs (EN)

wahhhhh thx for the headsup about HLB. I wanna be one of the aunty and uncle who will go eat. But can eat before making deposit or not? Free makan who dun wan?

Yeah, food cart...very original idea

That SCB promo is awesome. SCB always start the ball rolling. They started with the 4.25% promo previously and then other banks started to up their game too. Hope this trend continue as no bullet till march.

Really tempted, now SGD 2.69. Wonder wanna keep in SG or change back for SCB 4.5%

Currency movement can be more powerful than extra 0.5%-1% over 15 mths. Summore dunno what the exact T&C is regarding the CASA.... Anybody got the black & white T&C?

Well sadly SG bank only pay peanut interest.

I think it was mentioned that only require to open CASA, I already have one in their 4.25% promo last year

Banks are aggressively now seeking for fresh funds from uncle and aunty...Cash going to be king sooon...hahaha...

these are very valid questions. more so at this time. no one knows the future but can look at the past...

i hv on my record, jan 2014 sgd/rm 2.550. today 2.70 = 5.9%.

where will it go from here?

there r enuf threads, posts, analyst reports, new reports around to read...

one's view on this will be the driver for one's actions.

my next fd is maturing in april - will see what's available then...

I'm keeping some USD abroad 5yrs ago hv been earning 3.5%-8% FD interest. I think that time is 3.3 then going through roller coaster and now 3.6. Wondering shd I convert back to RM for local FD rate?

yeah i saw that too & I tend towards the 9m 4.25% deal ...but being the skeptic I wouldn't set my hopes too high until I see the B&W

I guess it also depends on your outlook for MYR/SGD for say the next 15mths ... tradeoff interest with exchange diff

PS: kykit Yelen is hinting rise in US rates this year. how u see MYR/USD?

This post has been edited by okuribito: Jan 21 2015, 11:34 AM

I called the bank this morning, they said no such rate wor
Maybe got special rate for some privileged customers only.

So , ended up with OCBC 12 months @4.2%

5-year USDMYR Chart - roller coaster that I went through


I can only start smiling when news broke in early Nov'14 (still 3.3) that USD index broken above its 30-year downtrend line and now appreciated by 9%.
I would rather worry MYR will be pegged again

I just came back from SCB Bandar Puteri Puchong half hour ago. Placed an amount for 9 months 4.25%

What about the 15 mths 4.5%, got such promo ??