2 months 6.98% compared to board rate FD 3.15%,
extra Rm320 can be earned for 50K.

50K unit trust, front charges 5% = Rm2500... 

Long time no buy UT. Just to update my own knowledge, wat's the front-end, annual mgt & switching fees nowadays? Sorry if OT. Wanna get info for when the time comes ... not now la ... but why do the banks think it's a good time for us to buy UT now?

You need to count against the board rate, aka how many "extra" interest earned, not the total FD interest.
100K 6.98% vs board rate 3.25% is extra RM640, as without need to invest in UT, you still easily can get 3.25% 2 months FD out there.

You get extra Rm640 by going into the deal, while incurred front charge of 1.5K (if it is 3%).

I never said it is a waterfish deal, it is a good deal is one original wanted to buy the UT in the first place.

But if one never interest in UT, and solely want the higher FD rate, then it is a different story.

Bones cashing out from KLSE and moving to FD/UT ar? 

RHB branch manager also said the same thing.. 

With current situation unfolding, I would say very unlikely.

Economy very slow out there, export slow down, GDP trending lower.
Goods price, steel, oil, dropping, property price more and less stagnant, inflation threat is reducing.
Household debt growth already slow down significantly.

You don't hike rate when economy growth is trending lower.

wah suddenly Bonescythe active in FD thread    need to park some $$ temporary in FD before buying spree

Bro, thanks for the compliment but it should be credited to fellow forumers who unselfishly shared valuable info here. I am still learning and merely applying what I learned here. I have also learned a lot from your blog and wish how I can write like u.

Today my UOB 6-month 3.65% FD matured and I have moved it to PBB 3-month Stepup FD. Since I do not have any account at PBB, I need to open a SA just to deposit the 3-month interest. 'Wasted' 1 hour each at UOB & PBB.

Hong Leong Bank Priority Banking Fixed Deposit Promotion
12 January 2015 - 8 February 2015

6-month @ 4.35% p.a. 80% FD : 20% CASA (earmark for 4-month, 120 days)

Min RM250k new funds @ RM200k FD : RM50k CASA

More info: HLB PB | T&Cs

So at the mean time where do u park your money and at what type of returns?

For 3 months, PBB Step of 3.88+4.18+4.28 should be a good choice.

every 6 months, into saving account

4.5% for 1 year

4.75% for 2 years

5% for 3 years..

promos like these, we are anticipating patiently...