Wasai, you are faster than me by 1 minute. At least no immediate change of FD promo for now ?

http://www.bnm.gov.my/index.php?ch=en_pres...ac=3200&lang=en

Though more people seems to be pointing towards lowering of OPR, but still wait to be seen. Hopefully change of economic situation make it goes UP !

UOB FD is statement based. So not an FD cert. No formal signature there.

UOB will send monthly FD statement. Can use it with IC or just bring your IC to redeem FD.

For CB, these are usually bundled with UT. Don't go for it just because of the FD bundled with it. As some said, you may just lose more on the UT.

CIMB eFD can uplift anytime online. No fees or any deductions involved.

This post has been edited by bbgoat: May 11 2015, 01:48 PM

I encountered the same issue with HL Islamic FD where the FD effective date is 2 days later. Have reported this issue last October. It could be more like the fund is with them rather than clearing of the cheque, I think, for the Islamic FD. I used personal cheque last Oct. But other banks Islamic FD can be effective on the same day.

But the interest was credited to my normal SA. No need to open Islamic SA. Unless they changed the rules recently.

This post has been edited by bbgoat: May 11 2015, 09:36 PM

I think another forummer mentioned that the interest from the 1st 6 months will be added into the principal so the final rate is slightly higher than 4.2% for 12 months.

This post has been edited by bbgoat: May 14 2015, 03:38 PM

Ha ha, for me, it gives me good reason to get some more eyetertainment in OCBC. Probably next week.

BR called today asking me to confirm this Sunday hi-tea in Penang. Still maintaining some FD but did not top up for quite some time already.

This post has been edited by bbgoat: May 14 2015, 04:25 PM

You need to join the bank as a PB customer before RM assigned to you.

When I read:
My money all in RM

excitement of "which RM", "RM in which bank ?" ...........

But short lived. Good one !

This post has been edited by bbgoat: May 15 2015, 09:38 AM

Did you get free RENTAS again & again from BR ?

I tot u always said have to take some risk to get higher rate ?

Tomorrow going to HL Bank. If I remember, will ask about the FD promo. Plan to take out and go to OCBC to see leng lui's there. Haha.

Today going to BR's high tea.

Haha, you mean NEVER ?

Today's event is in Penang. Not sure if it is whole of BR Penang or just the branch that I used.

I small fry swimming in a pool of sharks ................

This small fry went to the BR function. Swarmed by rich uncle & aunties. About 10 tables. Only customers of the BR branch that the small fry is using. More than 90% Chinese as it is in Penang town area. Door gift is bath towel.

HQ one VP was there. Asked him why no more banker's cheque issued and told him customers running away due to this reason. During Q & A, the VP said now the BM decided that he will issue banker's cheque. Surprise, surprise ! It was posted that BR will stop issuing cheque starting Jan 2014 (or 2013 ?), they posted a notice on their board at that time.

Then someone asked about no PIDM. The VP answered that it was guaranteed by the government on the principal amount. Then someone asked how about the amt. The reply is irrespective of the amt !! Wow !

Food wise, reasonable not bad. Received lucky draw prize, first time from BR.

This post has been edited by bbgoat: May 17 2015, 07:47 PM

This should be the one I mentioned in April. I went for it with 50/50 split between FD (6 mths 7.8%) and ASNB UT.

Cannot go for it just because of the FD promo. Has to be wanted to invest in ASNB then go for it to get the FD promo as well.

If you go for the FD/ASNB bundle, the sales charge is still 5% plus GST. Not 2% rebate. I paid 5% with GST for the FD/ASNB bundle in April.

But did you also place FD and get 7 or 7.8% rate ? I think the RHB promo is either or only. That is what I was trying to say earlier.

Since the HQ VP said this afternoon, it looks like BR policy is NOT consistent across the board. Even the almighty Magician got FREE RENTAS some more. Hehe.

Go to page 1 of the below thread and engage in the forum:

https://forum.lowyat.net/topic/3486015/+720

I bought ASG also, Heavy on 2 of the 3 funds. Low on 1 of them.