Double posted...due to slow internet speed..

This post has been edited by BoomChaCha: Jun 30 2015, 08:59 PM

Ah ha.... can only withdraw maximum RM 25K per calendar year is another down side...

But the main advantage is that it allows us to deposit a small amount of money (minimum RM 50) every
month while can enjoy 4% interest...

I guess can consider this e-smartsaver la, I do not mind to visit branch 2 times in 6 months period..

If I do not intend to withdraw RM 25K, then I only need to go there 1 time only (to close account on 31 Dec); in addition,
a lot of leng lui in OCBC, nothing to lose to visit the branch la..except OCBC branch is too far, then this is another story..

e-smartsaver is good for people who can deposit minimum RM 500 (of course the more the better) every month to
saving account while can enjoy high interest rate...

Ai.... during this bad economic condition, besides need to work hard for money; but also need to work hard
to "Gorek" money from banks....

When this e-smartsaver promo is no longer available, then switch back to regular smartsavers, or Am Bank True saving..

This post has been edited by BoomChaCha: Jun 30 2015, 09:15 PM

Do you think OPR will drop..? Or naik..?

Cheh...it won't move up too high la... usually blood pressure very nice (120/80) because of good mood
when seeing leng lui in OCBC ..
But the problem is that I need to find a seat to sit down quickly; otherwise it will make me feel embarrass..

OPR will go down later in this year..??
Okay, I take note... Ah Goat Sir, sandkoh & wil-i-am say OPR will go down...

What happened to davinz18 & nexona88..?
Both are the same person..?

I do not suggest you to close smartsavers account.
Next time when you want to re-open it, it will be very troublesome, I mean a lot of paper work..

Why not just IBG RM 50 to your smartsavers account every month..?

This post has been edited by BoomChaCha: Jun 30 2015, 11:34 PM

I need to use the money box for Mach FD, and I need to maintain the Mach debit card in order to use
the money box, and Mach Bank charge me RM 8 annual fee for the debit card which I do not like it...

Please check the first page for more FD promo..

Now is the ending of June, can you wait for few more days for more new FD promo..?

This post has been edited by BoomChaCha: Jun 30 2015, 11:55 PM

Oh... Can share what is muscle man's intention..?
What did he do to you..?
What happened to muscle man..?

I asked Affiin bank this afternoon, after we place the FD, those promo rates will not be changed regardless
of the OPR change. This Affin FD promo is still available.

RHB 4.21% for 1 year is extended to end of July

This post has been edited by BoomChaCha: Jul 3 2015, 11:22 PM

Standard Chartered Bank Saving Account Promo:

From now until 31 August 2015, earn attractive interest rates up to 3% p.a. on your JustOne savings account when you fulfil the requirements.

JustOne Personal Account: 2.25%
JustOne Priority Account: 3.00%

https://www.sc.com/my/campaign/jocbill.html

Why not put in RHB 4.21% for 12 months while it is still available until the end of this month...???
Interest will pay based on 3 monthly basis; after that, the last 3 months will pay on monthly basis.
I just received my first 3 months interest in my saving account..



Another option is Affin 4.33% for 15 months, no monthly interest.
It was still available when I was in Affin Bank last Friday...


This post has been edited by BoomChaCha: Jul 7 2015, 12:52 PM

Will anybody buy it for USD 100..?? Or half price USD 50..??
But it is better than nothing...

I think Am Bank copycat this idea from OCBC's smartsavers...
Good for Am Bank that OCBC did not register this copy right....
I think some other banks will follow this idea soon..


Magic, if you talk to the senior female RM in Am Bank's Sri Petaling branch like that.. for sure she will
ask you to keep your money at home..

No joke.. because she talked to me like this twice last year.. As a result, I sent a complaint letter loh..

Good luck..

This post has been edited by BoomChaCha: Jul 8 2015, 12:30 PM

UOB - Enjoy Interest Up to 5.45% -- Valid from 12 May until 31 July 2015
This FD promo (bundle with Unit Trust) looks very complicated to me...



Link:
http://www1.uob.com.my/personal/promotions...vwb_160615.html

T & C:
http://www1.uob.com.my/assets/pdf/tnc/pvwb...sign_up_tnc.pdf


Free UOB Umbrella When Register for Personal Internet Banking
Valid from 6 July until 31 August 2015



Link:
http://www1.uob.com.my/personal/promotions...oks_060715.html

T & C:
http://www1.uob.com.my/assets/pdf/tnc/cybercrooks_tnceng.pdf

This post has been edited by BoomChaCha: Jul 27 2015, 02:50 AM

If banks are suspicious (for example if the depositor is not leng chai enough ), then banks have the right
to ask for the source of money if:
(1) Deposit cash more than RM 50K
(2) Deposit check more than RM 100K

Ah Sir, I am thinking to put UOB 4.00% for 5 months? Or Affin 4.33% for 15 months..
RHB 4.21% for 12 months is no longer available....

Am Bank FD Promo, valid from 3 August until 30 September
4.1% for 9 months, min 10K

Old Am Bank FD promo is still available
-- 4.5% for 4 months (50% of fund)
-- True saving at 2.8% (50% of fund)
* Effective rate is 3.65% (4.5 + 2.8 /2)

Affin Bank FD promo are still available until the end of this year or until Affin hits the target
(1) Effective rate 4.20% for 13 months FD
(2) Effective rate 4.33% for 15 months FD
Minimum RM10k
Interest will pay to SA upon FD maturity

1.00 USD = 3.854448 MYR
http://www.x-rates.com/calculator/?from=USD&to=MYR&amount=1

1.00 SGD = 2.796656 MYR
http://www.x-rates.com/calculator/?from=SGD&to=MYR&amount=1

If cash in Ringgit still the King..??


Just placed 4.33% FD for 15 months with Affin in this afternoon.
I was requesting to withdraw cash from my Affin saving account, and then top up with RM 5K and 2 checks
to place one FD, but Affin bank did not allow me to withdraw cash from my saving account as fresh fund.
And so more no gift was given even I requested for it..

Don't know this is a right move to Affin 15 months or not..?

This post has been edited by BoomChaCha: Aug 3 2015, 08:07 PM

Year 1: 100000 x 4.2 = 4200
Year 2: 104200 x 4.2 = 4376.4
Year 3: 108576.4 x 4.2 = 4560.20
Year 4: 113136.60 x 4.2 = 4751.73
Year 5: 117888.33 x 4.2 = 49513.31

4200 + 4376.4 + 4560.20 + 4751.73 + 49513.31 = 22839.6

You are right...
But this provided if can get 4.2% every year for 5 year wor....

So this is telling us that for long term FD, we must get something like monthly interest,
or at least can get interest paid at least every 6 months like MBSB; otherwise no deal.....

This is a double impact wor...
How to win...? Very difficult to survive for blue collar & white collar now...

Hopefully US will raise the interest rate soon...

No lah.. Affin did not give me any gift.

The bank teller laughed when I tried to ask for it...
I placed RM 50K..

Not sure this is a right decision or not for 15 months...??
I think to take UOB 5 months FD is better...

Last year April placed effective rate 3.87% with OCBC for 15 months has been the
pain on my chest for many months since last year July... Ai

This post has been edited by BoomChaCha: Aug 3 2015, 09:04 PM

Tai Gor...
What kind of winter melon & tohu in the market..???

Did you mean higher interest rate is coming because US is going to raise interest rate by this year end?

Yes, Affin pays interest upon FD maturity, that means interest will pay in 15 months later.

I placed min RM 500 for 1 year board rate at 3.3% with UOB few months ago.


OCBC FD Promo, valid from August until end of Nov
(1) 6 months at 4.00%, min RM 10K
(2) 13 months (previously 12 months) at 4.2%, min RM 10K
(3) 3 months up to effective rate 3.925%, 50% to FD at 4.8%; 50% to saving (smart savers max rate 3.05%)


UOB Merdeka FD Promo, valid from 1 July until 30 August
(1) 3 months at 3.85%, min RM 10K
(2) 5 months at 4.00%, min RM 10K
(3) 8 months at 4.10%, min RM 10K

According to UOB staff, most FD depositors placed either 3 months or 5 months..



This post has been edited by BoomChaCha: Aug 6 2015, 12:07 AM