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 Fixed Deposit Rates In Malaysia V. No.9, Please Read Post#1 and #3

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cklimm
post Jun 30 2015, 07:15 PM

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QUOTE(nexona88 @ Jun 30 2015, 06:55 PM)
don't worry.. I'm sure there would be new FD promo from banks "hungry" for our $$  blush.gif
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What if BNM reduce the OPR?
cklimm
post Jul 1 2015, 08:52 PM

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again, HSBC Advance extended their 3months 5% promo till 30 Sep

https://www.hsbc.com.my/1/2/hsbcadvance/pre...trust-promotion
cklimm
post Jul 2 2015, 10:03 AM

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QUOTE(bbgoat @ Jul 2 2015, 08:53 AM)
For the 12 mth FD, to get the Hugo Boss roller ball pens, just need to deposit 40k ?

But it seems to be saying also:

Enjoy an incredible 4.2% p.a. when you place a minimum of RM40,000 in fresh funds on a 12-month OCBC Fixed Deposit (FD) or Commodity Murabahah General Investment Account-i (CMGIA-i).

So for the 4.2%, min FD amt 40K instead of 5 k like previous months ? A bit confusing:

http://www.ocbc.com.my/personal-banking/Ac...mart/index.html
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I asked my OCBC girl about this, dia tak tau leh rclxub.gif
cklimm
post Jul 3 2015, 01:56 PM

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QUOTE(bbgoat @ Jul 3 2015, 01:55 PM)
In PBB to withdraw matured FD. No FD promo in PBB.  sad.gif

Like Captain just said, not much promo at the moment.  shakehead.gif
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Something BIG is brewing maybe? drool.gif
cklimm
post Jul 3 2015, 04:57 PM

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QUOTE(virgoguy @ Jul 3 2015, 03:39 PM)
How does this FD works? is it like ordinary FD? need any existing saving account?
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bring 30k, they will open an Advance account for you, you can close it after 3 months
cklimm
post Jul 3 2015, 09:38 PM

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QUOTE(Gen-X @ Jul 3 2015, 08:31 PM)
I don't think it was mentioned in LYN. The point is when one invest or deposit one's money with a financial institution, one should go do some homework. Same like playing stock, one should not go invest blindly but study about the company and who are the directors (back ground). Having said this, as long as you deposit up to RM250K that is covered by PIDM, your risk kind of minimal.

You are too young and have yet to see financial institution collapse during recession. And I can tell you the next one coming won't be pleasant. You want to see how bad things can be, go see Greece where it was once upon a time a very prosperous country.
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When a local giant like Maybank goes kaput, does PIDM has enough fund to cover tiger's ass?
cklimm
post Jul 6 2015, 09:10 PM

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QUOTE(sandkoh @ Jul 6 2015, 09:09 PM)
6 monthss 7%,no joke?
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6 months 7.8%p.a, you will need to put another half the funds into ASB though
cklimm
post Jul 6 2015, 11:04 PM

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QUOTE(bbgoat @ Jul 6 2015, 10:11 PM)
Only RHB is doing the FD/UT bundle. The forumer said FD is in MBB.  biggrin.gif
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owh, my bad.
cklimm
post Jul 7 2015, 03:45 PM

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QUOTE(aeiou228 @ Jul 7 2015, 03:04 PM)
It was introduced few years ago and I have forgotten the name, it was a RM deposit account but the value of the deposit is pegged to the value of the prevailing market price of gold.  One can just bank in and withdraw in RM. No physical gold, no safe keeping headache.
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There is an informative thread about gold investment in LYN,
gold investment
Have fun
cklimm
post Jul 8 2015, 09:56 AM

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I had a chat session with Ambank, was informed that Ambank is having a FD-CASA promotion:

Min 10k, 4 months @ 5%p.a, you need to put another 10k into savings/current account.

The good news is, True Savers account is eligible for this promo, and it gives 2.8% p.a


cklimm
post Jul 8 2015, 10:06 AM

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QUOTE(bbgoat @ Jul 8 2015, 10:04 AM)

But it is of short term which may not be of interest to some of the people here.  smile.gif
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50/50 placement, effective rate 3.9% p.a if placed in True Savers, good for those who only want short terms
cklimm
post Jul 9 2015, 02:37 PM

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QUOTE(cyclone9 @ Jul 9 2015, 10:56 AM)
dude, this
http://www.ocbc.com.my/personal-banking/ac...aign=fdpromo480
cklimm
post Jul 9 2015, 05:05 PM

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QUOTE(-lonelywhy- @ Jul 9 2015, 03:42 PM)
Hey man,

For simple comparison just head to https://www.imoney.my/fixed-deposit la.

They show the best fixed deposit from each bank.
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Its not that updated, the best place you can refer is page#1, this thread brows.gif
cklimm
post Jul 10 2015, 12:47 PM

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QUOTE(Icona Pop @ Jul 10 2015, 11:04 AM)
hi, want to ask

lets say 500k as required by UOB to have the PB status..  if the joined name fd have 500k+ in it,  will the principal name get the PB status or both?? worst still both tak dapat and considered one person  holding 250k?
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Why bother? Put 200k each at HSBC, 300k at OCBC, you have PB status in 2 foreign banks.
cklimm
post Jul 10 2015, 01:49 PM

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QUOTE(tonytyk @ Jul 10 2015, 01:03 PM)
What's the privilege / benefits to get PB status ?
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free parking, free coffee, priority queuing, annoying relationship manager
cklimm
post Jul 13 2015, 10:41 PM

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HSBC Premier:

Bundled FD 3 month @ 8% p.a, with investment;
or pure FD 3 month @4.2%p.a without investment,
minimum 50k, only for HSBC Premier

HSBC
cklimm
post Jul 14 2015, 01:45 PM

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QUOTE(tonytyk @ Jul 14 2015, 12:28 PM)
Can have RM40k for pen and another Rm40k for power bank, another RM40k for bag?
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can, but use different names, to be safe
cklimm
post Jul 15 2015, 10:03 AM

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QUOTE(bbgoat @ Jul 15 2015, 09:22 AM)
Bro really good, always fast in posting new promo !  notworthy.gif  notworthy.gif

So PBB came out with new FD promo slightly lower than the 4.21% previously.  smile.gif
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seems like an OPR cut is imminent...
cklimm
post Jul 15 2015, 05:00 PM

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QUOTE(scy_krylief @ Jul 15 2015, 04:51 PM)
Just received this via SMS:

RM0.00 HLB: Enjoy up to 4.80% pa on 12-month Step Up FD with a minimum of RM10,000 fresh funds (Effective Rate 4.05% pa) from 01/07/2015 - 14/08/2015. T&Cs apply.
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Same here


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cklimm
post Jul 18 2015, 04:37 PM

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QUOTE(applylose @ Jul 18 2015, 04:34 PM)
hi,

1.let's say if i bankin 100k to other bank, after mature, it still consider fresh fund and re continue with the promo rate?

2.let's say we put in 100k to FD, income tax will mail u?
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1. no

2. possible, unlikely

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