Min 1k to start for FD @ 18 mths

Yes

With the depreciation of MYR against USD, will BNM announce hike in OPR on 11/9 to mitigate the impact which is gud for depositors?

The depreciation of MYR have weaken our economy tremendously
If BNM do nothing, our economy will b heading South at faster rate

Affin Bank FD promotion for 15 mths @ 4.33% have expired
They have introduced a new FD promotion

Spoke to Maybank ABM today
She said they will launch new FD promotions:-
1st 5 mths @ 4%
2nd 5 mths @ 4.50%
Effective is 4.25%
Min sum is RM10k
Launching on 9/9/2015 (tbc)

Which Bank offer 4.7%?

New promotion consists of 2 stages:-

Stage 1
Placement of new FD (fresh funds) for 6 mths @ 3.88%
Upon maturity, proceed to Stage 2

Stage 2
Depositors can choose either:-
1. FD placement (rollover from Stage 1) for 13 mths @ 4.20% or
2. FD placement (rollover from Stage 1) for 15 mths @ 4.33%

Min sum for above promotion is RM20k

I wud prefer shorter tenure of 18 mths @ 4.50%

Spoke to CIMB Bank BM tis afternoon
They offer special FD rate for new placement on a case-to-case basis
After listening, decided to place RM5k for 3 mths FD @ 3.90%

U got a gud offer from CIMB Bank
Gonna grill the BM tmrw

It seems every Maybank BM gave different rates
Lets wait for final offer next week

Not sure whether anyone share tis b4
Apparently AmBank offer 'Retention Rate' for existing clients whose FD is due for renewal subject to:-
Min sum upon maturity (a) : RM10k n above
Fresh funds (b) : min 20% of mature sum (incl int)
Final sum for new placement : (a) + (b)
FD rate : 3.90% for 6 mths or 4.00% for 12 mths

This post has been edited by wil-i-am: Sep 1 2015, 08:54 PM

They offer convenient to clients as the later no need to move around for gud rates

Read page 1

Wud u consider the new promotion?

Any T&C?

Lady luck with u

Any idea tis promo until when?

Int earned is negligible plus not worthwhile taking into a/c time spent at Bank