Have moving out my BR FD for the last few weeks, today i make one deposit for the 4.4% 2yr FD after reading about it here by bgoat, but alas found out there is no monthly interest, so is nothing great also.
At least SCB 4.5% got 6 monthly interest.

And i got the CNY hampers today.

Bank Negara seen maintaining current OPR till 2016 - Deutsche Bank
http://www.theedgemarkets.com/my/article/b...nk?type=Markets

hamper given by BR???

Called to collect hamper from BR. This year's one looks "better" than last year. But still value wise not that high.

The BR Ang Pao packets given looked better this year as well.

This post has been edited by bbgoat: Feb 13 2015, 07:04 PM


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Oh, I did not ask if they give monthly interest for the 2 years 4.4% FD. That is a let down. Yeah, the SCB Islamic 15 mth 4.5% is really attractive !

But the hamper given by your BR branch looks better than mine. Previous years also the same.

This post has been edited by bbgoat: Feb 13 2015, 07:06 PM

scb islamic 4.5% until when? any t&c?

You missed out the yesterday's post ? Please see above. As I did not place it yet, so no info on T & C.

Online interbank transfer max how much in a day? Rm0.10 charges right?

Looking to out - in funds as fresh fund with minimum cost/hassle

What are the differences between interests paid monthly and interests paid on maturity?

This post has been edited by nitehawk: Feb 14 2015, 01:05 AM

Exampe 12 monts FD,
Paid monthly - interest is calculatedvby month and paid to you every month
Paid on maturity - total interest paid to you after 12 months have completed

Paid monthly is better especially if the principle is big amount, the interest paid can dump into FD earning interest again.

Anybody can share what is ocbc fd promo currently?

Thanks for the explanation.

Can anyone share which banks' FD interest are paid monthly?

more on cimb's unfixed deposits = https://www.imoney.my/articles/this-game-ch...he-way-you-save

and = http://www.cimbbank.com.my/en/personal/pre..._afl_im_content

Cheers & Kong Hee Fatt Choy...

read 1st page

For the SCB Saadiq Term Deposit-i, interest rate for 9M is 4.25% and for 15M is 4.50%. This promo is until 31 Mar.

The info and T&C can be found HERE

Thanks, this confirms the info I got from the SCB leng lui 4 days ago.

tq tq for link



campaign period feb 9 - Mar 31.

wonder how strict they are about this condition. what if we already put money into the recent 4.5% conventional fd?

This post has been edited by okuribito: Feb 14 2015, 08:23 PM

i m worried when i read fd rates are now 4.25, 4.5%. reminds me of current russia and venezuela...

it means there is awful pressure for all rates to go up, all borrowing costs to go up incl ext borrowings like bonds, ringgit going down and down.

fd 4.5%, epf 7%... urban real inflation will be 8-10%, mixed rice/nasi lemak will go up 10-15%.

does not bode well at all - for those with rm savings and income...

This post has been edited by AVFAN: Feb 14 2015, 08:39 PM

Bro, the T&C states new to bank - are you existing customer?

You got a point there, rest of the world interest rate going down, we on the other hand going up

Bro, RM strengthen against AUD 2 weeks ago and for the first time in the last 3 years I managed to get AUD/MYR below 2.8 and that was TT rate Money changer all still above 2.8 because their stock cost high.

This post has been edited by Gen-X: Feb 14 2015, 08:52 PM

aud is one of the few "majors" that did worse than rm in recent months... and we know why - oz like canada n the like are commodity based currencies, got hammered when commodities incl oil goes lower n lower, no sight of incr consumption even from china.

i have interest in aud.. u remember i been planning for my child's coming expense. nov 2013, it was rm 3.0x when i visited melbourne. now, 2.77. but aud is very poor with usd or even sgd.

my point is... should i lock in aud now or just hold on to usd/sgd..??

any pointer? thanks.