Almighty Magician, high time for action. Has been quiet for a long while, other than "you no scxxx meh" comment !

This post has been edited by bbgoat: Jul 8 2015, 12:34 PM

I hope the RM will talk to me like that otherwise boring nothing to do nowadays.

How come a few of your deposit comes into Not Scxxed territory?
No new promo so most likely will deposit at OCBC ( no need scxxed bank).

Oh, all hell will break loose then ..............

Looking at high FD rate ended up in banks that may show issue later on. But also have experience with one foreign bank which gets into problem, scxxed me for a while especially I was out from the country for few months at that time.

So no more scxxed. Expereince builds up confidence.

Not sure if I answered to what you are trying to say.

I am looking at OCBC (leng lui RM and Hugo Boss pen), Affin and RHB for now.

This post has been edited by bbgoat: Jul 8 2015, 01:28 PM

Do not have that much ammo to fire.
Will most probably go for the Affin 15m 4.33%. Straight forward FD right? Dont need to open a SA?

minimum for OCBC is only 5k for their promo FD. i think that's as low as it gets for promo FD.

the min 40k is if one wants the pen.

I placed for the Affin 4.33% FD in early June. No auto-renewal for this promo. On maturity, the principal and interest will go to the SA. So need to open a SA.

You guys really lah, AmBank and Affin, the money deposited into it and not like BR where money went out in carpetman's case.

What you mentioned above is very true.

And now that aeiou228 have shared with us how much PIDM actually have, well, it really makes no difference if we deposit our money with a bank where our money is insured by PIDM Best we now deposit with only UOB and OCBC where both are so called among the strongest banks in the world. Then again, is the ranking also applicable for UOB and OCBC incorporated locally?

To all: For those of you who do not have the time to go chase after FD Promos or overseas often and willing to sign up as a UOB PB customer, click here and read my article A Little Bit Of This and A Little Bit Of That - Volume 1, Chapter IX where I will teach you how you can enjoy higher interest rates than board rates without stepping into the bank.

This post has been edited by Gen-X: Jul 8 2015, 02:43 PM

Actually depositor trust on the bank should be based on reputation of the bank in term of well run, prudent in financial management etc.

Normally from the event the like financial crisis/economy recession etc that we can see clearly how well the bank is/was run.

Not sure I read you correctly ? Are you saying the 3 banks all have problem ? BR, Affin and AmBank, or just the first one ?

So it makes no diff if we deposit to banks with or without PIDM ?

Well, I won't put all eggs in UOB or OCBC only. For those chiak bui leow one, will they ? For 2 banks, that will be 50% of their assets each.

This post has been edited by bbgoat: Jul 8 2015, 03:09 PM

I'm thinking between OCBC or AFFIN now.

Which one you guys took?

Up to you. You want convenience (nearby, easy to find parking, no queue) or you want maximum profit? Me like I said in previous post I go for maximum profit as convenience doesn't come into play for me as all banks are near to each other except the parking. Parking near affin bank is easy to get. Some more no queue at affin.

So I get best of both world. High interest rates, easy parking and no queue.

Deleted

This post has been edited by gsc: Jul 9 2015, 03:01 AM

Thank you....I was looking for Swiss Pamp and was told only KL is available...will check with UOB

Not sure this one reported or not .made a a placement last Monday

UOB merdeka promo

3 mths 3.85%
5 mths 4%
8 mths 4.1 %

Min RM10k. Valid from 1 Jul to 30 Aug,

UOB is having a different strategy in placement period, not the conventional 6 or 9 months..Took up the 5 mth promo which will be mature in Dec. Dec month usually have promotions from various banks...

Next target is Ocbc ...on the roller pen...

Wait & wait, finally the CIMB UT which matured eggs back to my account ! CIMB increased online transfer limit helped. Also now IBFT costing RM0.53. Transferred to my main CB acct instantly !

Heading to OCBC, leng lui, here I come !

This post has been edited by bbgoat: Jul 9 2015, 09:46 AM

https://ringgitplus.com/en/fixed-deposit/OC...aving-Deal.html

Any better deals than this ?

dude, this
http://www.ocbc.com.my/personal-banking/ac...aign=fdpromo480

Hey man,

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

They show the best fixed deposit from each bank.

Its not that updated, the best place you can refer is page#1, this thread

Bro, MAple Leaf and Swiss Pamp also seldom have stock at most UOB branches. Best place is HQ, call them and ask before going. And you'll need a UOB CASA as you can't use cash to buy the physical gold. If you got PB status, FREE parking

To ALL:

Just to let you guys know, I'll be away and as such no updates to Post#1 until next month.

And before I go - kmarc and AVFAN, USD going up but the good news is AUD down and almost near to last January lows and 5 year low. Better start monitoring AUD.... my target 2.5

This post has been edited by Gen-X: Jul 9 2015, 06:23 PM