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.

This post has been edited by tbheng: Jan 3 2015, 08:58 AM

Anyone still remember the RP's promo on Mach FD mid last month? I almost forgotten about it.
I received SMS yesterday ~3pm that says I won the RM200 Petronas Gift Card!
My wife got it too. Double bonus.
I placed the minimum RM1k only just to take part on the promo.


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Beware of the SCB RM100 monthly fee. It will kick in automatically. I kena last year when my total drop below the minimum. RM100 per month charged to my account on the dot every month like clock work!! I found out only after the 2nd monthly fee charged as SCB is not my main banker.
Called to ask for waiver...they say if top up then can waive. I got no more bullet then, all gone to other FD promo.

This post has been edited by tbheng: Feb 1 2015, 09:07 AM

I didn't gain anything either from being SCB PB.
This reminded me on one funny thing... Several years back, when I just got the SCB PB, they issued me a cheque book, and charged me RM10.50. I asked why not RM7.50. They said it is PB-logo-cheque-book, cost RM3 extra.
When they start charging RM100/mth, I quickly ask them to remove me from PB to stop the "bleeding".

Went to AmBank branch at PJ to put some more 3yr 4.5% FD... Alas, it was just ended 2 days back!
My fault for not realizing the end date. Lucky the queue was fast.
Preferred AmBank for its half yearly interest and locking in for longer term as the OPR outlook is not going up...

No choice to resort back to SCB 15mth 4.5% FD. Waited for > 1hr to be served. They say "Sorry sir, today holidays, more people!"
When served... another drama starts... "Sir, HQ not working today, BNM not open today, can't process your cheque to place FD!"

I could only pre-signed the FD form, the branch will process my FD only on Wednesday.
I requested and they will ask HQ approval on : Backdate FD to start from today; split to multiple certs and uplift to JOC upon maturity.
They will then send me the FD certs. JOC opened without deposits.

Lucky it is my personal cheque and not banker's cheque... I will transfer the money back to my SA to get 2 days interest@2.45% first.
If HQ agree to start my FD from today, I untung 2 days interest. Haha.

It was not JustOne acct, no such acct back then. I guess they will tag it to one of your CASA.
If insufficient fund they will still deduct and shown as Debit instead of Credit balance. It happen to some of my bank acct before but not specifically for this PB fee case.

UPDATE:
SCB leng lui called and processed my 15mth 4.5% FD yesterday.
Managed to get the FD started on 2nd Feb (as shown on online banking).
I made 2 days (2-3 Feb) extra interest as I put the fund in my mbb saver acct with 2.45%.

And with "Renewal Instructions: (3) Credit principal and interest to same currency account number."
Save my visit and the cost of banker's cheque when uplifting.

I have been requesting for this for most of my recent FDs instead of let them auto-renew at board rate.
At least I still get some interest in my CASA if I could not visit the branch to uplift on maturity date. Or save my effort to "fight" for interest if maturity fall on non-banking day.

This post has been edited by tbheng: Feb 5 2015, 07:40 AM

Wah..you are there ">8 times"? Multiple certs per visits...wah, dunno how to count liao...
UPDATE: I received my SCB FD certs via courier yesterday (free of charge). All details are correctly printed.