Only got my fund on 1st Jan, missed the OCBC/UOB 12month FD @ 4.2%...
Went for AmBank 3year FD @ 4.5% instead yesterday.
The whole process was unexpectedly fast, done in 15min.  I was loading up my parking for 1.5hr... 
I have existing FD and SA account there, they say existing SA can be used for interest crediting but FD will be new acct.
Interest is every 6mth, if depositor is 50yo and above can opt for monthly interest. A plus point for those who are in the age range.
After I got home.... Alas, forgot to ask for free gift.  The whole process was just too fast. 

Besides tbheng post above, bbgoat in V7 also mentioned interest credited into non-Islamic SA.

Is the Christmas promo still available ?

How should I protect my FD if something unexpected happen to me ?

Aside from this, what are the benefits of opening a joint FD, as compared to a single-person FD? It seems like a great deal of hassle to have several people to be present in the bank, when opening and uplifting a joint FD.

i am confused. i have money in pbb. I'm confused with the concept of fresh fund.

Please let me know the best fd package to take. I'm on 6-month >10k package.

Fresh fund concept (correct me)

i take money out from pbb to put in hlb. It's fresh from hlb perspective.

Then, after 12 months, i take out all money from hlb and put back to pbb. It's fresh from pbb perspective.

Hi All,
I may have a noob question here but I will be very appreciate if you guys can enlighten me...

Lets say I have saving account with Bank A, but I would like to place my moneys in Bank B's FD which I do not have saving account...

Lets say I want to place RM10,000 from saving account Bank A to Bank B's FD,
How to avoid bring cash of RM10,000 from Bank A to Bank B?
Just tell to Bank A I need the RM10,000 in cheque form?
Then bring the cheque to Bank B for FD placement?

Please correct me if I am wrong...
TQ!

So mean if i put 6 months, they will gave me the 4.08% at month-12?

Hi guys, new to this whole FD thing. i have 30k in hand. If want to get 3 months FD from public or maybank, can i apply online?

I wish we could place a FD over the counter at one branch and uplift it at any other branch nearby us.  So mah fan sometimes to go back to that branch esp if I placed it near work place and the following year, my work place sudah pindah lain tempat.

Every branch has a quota to meet. You place RM10k in branch A, then take out in branch B, rugi lah branch B. They didn't get to use your RM10k to give out loan to make money but instead have to give you money 

Only for new customer without any account with SCB.
Need to open an account and deposit RM1500.
But next day can transfer out.

Since Jan 2014, no more issuing banker's cheque.  only IBG to other banks or cash maybe. 

They claimed that they are NOT allowed to issue banker's cheque. End of story. 

This has been discussed last year. That is the main point that made people dislike with them starting 2014. Troublesome and lose 1 day interest of moving to another bank (unless you do IBG very early in the morning). 

Also can IBG to bank which you have CA and issue cheque yourself. 

Some banks have own definitions of fresh fund...example you can IBG to Ocbc CASA and within 3 days it is still consider as fresh fund and use it for FD placement

Guys, just wondering

What is the proper calculation for FD?

lets say you put in RM5,000 for 6 months (0.03)

= RM150

is this the amount I am getting or there is another amount charged too? any proper calculations?

btw feels weird man bank in brunei is offering 0.2% 0.3% 0.45% instead of Malaysia where 3% 4%

am I being fooled here? guide me sifus