Happy new Year 2015

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

Aiya, I was given wrong info by CS  . She said I need to open an Islamic SA.

hahaha I so confused ... lock in 3 years or not? If lock in, and KLSE reveals opportunities, premature w/drawal & forego interest earned? If don't lock in, and KLSE languishes neither here nor there, & interest rates get slashed like in 2008/9?

helppp 

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.

I thought I have seen before in this thread mentioning grandparents can place  Junior FD. Last Dec I went to HL and the counter staff said no. Ended up get my daughter to sign up Junior FD for my granddaughter. I am still interested in the 4.28% with monthly interest credited. 

Yeah, you are right about PBB Step Up. I think MBB step up promos also same but their initial month(s) interest rates kind of low.

However, there is also a risk of getting lower interest rate in the case of PBB Step Up where it did mentioned in T&C that future rates are dependent on BLR (now is BR effective 1st January).

Anyway, with USD strengthening, gold price in terms of RM has increased 1% since 2nd Jan.

Ah Goat Sir, monthly interest is for 50 years old and above.. 

RHB branch manager also said the same thing.. 

 

Now got all confused already which bank has the higher rate 
Got FD maturing  middle of the month, yet still not decided on the remainder amount ex EPF portion.

If BNM raised rates, i better moved my monies overseas, as all hell will break loose considering public debt so high.

Thanks.
So since 4.20% for 12 months is the highest, then will deposit it there.

Called UOB Christmas FD promo extended until 11 January 2015. Mine maturity date only middle of the month.

FD upliftment at a few banks that i know off need a bit of insistence only then its free. Its also provided amount upliftment is unchanged even for a few cents difference.
I even managed to RENTAS free a few times recently.

My Maybank PW RM came to see me with diary and highlighter stationary set. Says the 4.12% 12 mth FD is extended till 9th Jan. They will have a new update on 15/1/15.

In MBB to uplift 3 mth FD at 3.87%. Did ibg and 2 bankers' cheque.

No fee for bankers' cheque for the FD.    IBG RM2. Was a bit surprised as was reported earlier that it will cost RM5 or RM5.15. So for MBB if FD goes to bankers' cheque, zero cost. 

MBB 4.12% 12 MTH FD is Stepup and not Pure FD? How is the step up, can't find this promo on this thread or M2U.

Bros,

1. MBB 12 months Promo is step up.
2. MBB 4.12% Effective Interest Rate Promo until 9th January 2015.
3. Effective 10th January 2015 and valid till 31 January 2015, the Effective Interest for MBB 12 months reduced to 4.07%
4. The MBB 12 months 4.12% IS NOT UNTIL END OF YEAR!!!

To see details of the Step Up Interest Rates please click here to my FIXED DEPOSIT PAGE

Sir bbgoat, what is this lucky pick tickets? Been searching but don't see any promo on this.

I'm planning to go to AmBank soon. Want to know what I can do to qualify for the tickets.

I never ever bother about lucky draw as I don't even know whether I am actually in the draw or not, how the draw being made etc.
Even the exact date of draw sometimes also don't know.
Then winner name just appeared afterwards.

Unless I have the luck like this.
https://forum.lowyat.net/topic/3451572/all

Wah, really unbelievable. First time I hear run of of FD account numbers, hahaha.

Actually, UOB changed their system more than 2 months ago, more like 6 months. When they first changed their system, many in previous thread complained about the long wait.

Bro, I had no  problems getting new account numbers. Prior to their system update, I sat in front of the PB teller and they will let me choose the new FD account numbers.  I don't know it's just me or what but when UOB updated their system, all my FD accounts ended with No.8 and the last 2 new joint accounts I opened also has ending with No.8 and I did not even ask for it (this time I just told my RM assistant I want to open account and I don't even need to go see the PB teller as she handled everything). And it took me less than 1 hour to get the accounts opened, getting the new numbers were not that long but had to sign this and that plus thumb print process. After signing the docs, handed cheque to my RM assistant and she returned with the FD placement acknowledgement copy. However, I only go to the bank  after 3pm as there are less people around. Hate to go in the mornings.

But nowadays I really like UOB, since November they have been giving me promo rates for my maturing FDs, no need waste time transferring funds here and there.

uob system always down, that day i went, waited total of 2 hours just for fd placement.

I just checked with Maybank this morning. They have offer effective this coming Monday for 12-month placement @ 4.07% (no need any fresh fund). Acording to them the 4.12% is for "private banking" customers ..... dunno what that mean.