Well looks like not eligible for ordinary folks like me. Was thinking of getting 3% for SA. By the way, the no withdrawal or else interest drop to 0.5% is a big no-no for me not to mention the need to maintain a min amount RM500.

Looks like I will still stick to my Ambank Truesavers. 2.8%. No minimum amount require and 3 withdrawal/IBG limit/month. Combine it with Maybank Islamic eFD in the event not going to use the money for that month to get 3.25%. But 3.5% if no withdrawal is a very good deal. No 1 month eFD is able to give 3.5%.

Highly doubt so. BNM need to stimulate the economy. By increasing interest rate, economy will slow down. Our regional neighbours already decrease rate. China devalue their money. Malaysia will have to follow.

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)

Went to UOB uptown to place FD, the staff offer 4.25%pa for 12 month without me even asking.

BoomChaCha, you can use ambank 1 month Islamic efd. 3.15%. Min is rm1k. Not many bank allow you to put rm1k as fd  for 1 month. There was a list but I forgot which bank allow 1 month fd with rm1k.

Only maybank Islamic efd give the highest interest for 1 month. 3.25%  But not sure what is the minimum.

Why use affin and not m2savers? M2savers earn more than affin.

Not really big amount, only 30k. They mentioned the 4.25 rate before I even say how much I want to place.
Its pure FD, no need savings account.

Unkle, govt hospital cheap cheap only. I think less than RM1k, you can get admitted already. They will bring you to ER first.  Govt hospital is treat first, pay later. Not pay first only treat if emergency.

M2savers only earn you 2.25% but must have min RM2000. Below that no interest.    . That's why I combine both M2savers with Ambank True savers. Ambank truesavers no minimum amount. Even RM100 also get interest. 

By the way, there is this BSN GIRO eSavers claiming interest + 5% bonus if one maintain RM5000. I don't know how they calculate the 5%. If really 5% p.a given monthly if maintain RM5k, this will be the best savings account in malaysia. Which savings account in Malaysia can give 5%+? Even FD max also 4.7% only. I cannot find much info about this account.  Maybe you can look into it?
https://ringgitplus.com/en/savings-account/...IRO-eSaver.html

I think you and Vincent9696 are right..

Enjoy 5% bonus interest on the interest

I think it means to add extra 5% bonus interest on the interest, for example,
if put RM 10000 at 2% rate for 1 year, interest is RM 200. Then BSN will give
additional 5% from RM 200, that is RM 10 bonus.. Correct..?

So, RM 200 + RM 10 = RM 210, effective rate is 2.1%

No free lunch in the world lah.. Bro
Let's move back to Am Bank True Saver lah..   Ha ha..

Thanks for sharing 

recently no new promo?

ya, temporary aiming for uob because 4.2.

if 4.25 then can consider.

HLB got 3 months FD promo 3.8%pa, 12 months 4.2%pa....... just sharing .....

Till 30/9

Just approach counter staff n make inquiry

Looks like the extra 0.05% is true. I gonna email to UOB on this as why I was not given the extra %.
Thanks

Truth of the matter is, whatever gain we had in FD for the past 2 years has been evaporated by the depreciation of ringgit.

If can increase 0.25%, it is better than nothing.
At least this will create a domino effect to stimulate banks to offer
more attractive FD promos.

Passed by Bank Rakyat, and noticed a 4.5% banner..
[attachmentid=4922031]

Quite interesting, then I walked in to check it out..

BR staff: Halo Uncle (with a friendly face...)
Me: Apa promoi dalam banner yang gantung di luar..?
BR staff: Ya.. ini lah, Uncle boleh ambil satu (smiled...)
Me: Oh..    Lima Tahun FD..?

[attachmentid=4922041]

Just back from UOB
Placed my funds for 12month and get 4.25% interest.
This rate until end of October

Ok on the extra 0.05% for UOB promo. It is only offered by branches in the central region as their GM is more aggressive. Unable to copy down the list of branches as I was on the road. I told my branch to tell their GM to be more aggressive next time too.

Vincent9696 fyi

learn from some one who like to say: what is the point? 0.05% for 10k is RM5.