With CPI at record low 1%, it is virtually almost zero chance that OPR going to be raised at near term.

With promotion rate at over 4%+, it is something "peak" for FD already for near term.

Hmm.. so my question will be..

how much to be able to qualify for such gifts ??
Minimum ?

lol 50k not enuf la.. tat like ikan bilis for BR... 200k above than can talk 

Hi Guys,

I am interested to put some money in FD, but there is so much of information on Post 2. Can you guys help me to recommend one for me   . I don't mind any long term duration

I just placed another FD for the 4.5% 15 mths today, not a new customer too.

For those with SCB basic saving account, you need to pay a fee if you account is dormant for 1 year. Just to share, online IBG and interest deposit from FD are not considered as activity. You need to go to the counter/ATM to do a transaction for it to be considered active.

Interestingly, when I am at CIMB to move out fund, another teller also told me about their 4.2% rate and he is able to bypass the fresh fund requirement.

The issue did not crop up at all. I actually informed the officer that I have an existing FD so that he can just look up for my personal details from his PC.

The issue did not crop up at all. I actually informed the officer that I have an existing FD so that he can just look up for my personal details from his PC.

How do u go about it getting to place fd in scb even is existing customer?

Thought the 4.5% is for new customer only.

Islamic type has "new to bank" condition. Conventional one for SCB also running and no need that condition. Same 15 mth 4.5%. 

I've just signed up for SCB 4.5% 15M FD. However, they told me that interest will only be credit upon maturity ie at the end of 15th month. Two branches said the same thing.
Also, apparently the requirement is to open a Justone savings account but I was having a basic savings account. Approval is needed for me to proceed with only a basic savings account.

How about you guys?

See reply above. 

Hi all..

Can someone help clarify the steps to move funds for FD. For e.g. if I have RM50k in Maybank and want to open an FD with OCBC, I understand that I can use Rentas or Giro. But how does the account opening at OCBC work? Do I just walk into OCBD and ask to open an FD account with minimum amount and then go to Maybank to transfer (as I have the OCBC FD account number already)? Also, would I need to open a Savings account first with OCBC and then only open the FD account there?

Any information is apprciated. Thanks.

go place your FD faster before BNM reduce the OPR rate in the next meeting 

7 May 2015 (Thursday)