Yea correct, I just want to place a FD, don't want any loan/credit. Any recommendation?

Read post 1, 2, 3

This post has been edited by Ramjade: Jun 11 2015, 11:51 AM

Ha ha
In this case, I will have 2 more years to scare ..

Oh...
OK... I have updated this OCBC link on Post #3..

Thank you so much....

Those of us with BR will be scaxxd ??

High Magician TM phrase: "U no scaxx meh" ......hehehe

why i cant find this ?
Hot FD Promo Rates
(1) HSBC 5% for 3 Months, valid until 30 June 2015

thanks

it was shared in previous v8 topic.

Ya loh...

Not to say that not scare at all, scare a bit lah..




Please be aware that if FD deposit is less than RM 30K, a management fee
RM 10.00 will charge each month.

A minimum RM 5.00 is required to open an Advance current account, it is refundable
when you close the current account.

The FD can only be effective after your banker's check is cleared.
You can only withdraw this HSBC FD on the next working day of FD maturity day.
So, we will lose at least 3 days interest, unless if we bring cash then will only lose one day interest.

Maybe a free umbrella is still available, just ask for it..if umbrella is no more available, then ask for other gifts
that HSBC has..

You can use this method if you want to place more than RM 30K since the maximum limit is RM 30K per name.
Let's say if you want to place RM 90K:
(1) A for RM 30K for first RM 30K
(2) B for 30K for 2nd RM 30K
(3) A + B (Joint account) for third RM 30K
Total RM 90K + RM 5 x open 3 Advance current accounts = RM 90015.00

And you will get 2 free umbrella..

This post has been edited by BoomChaCha: Jun 11 2015, 02:31 PM

Have reduced my eggs there already and keeping portions for monthly makan makan.

I tot u have brought in aunties & gf to put in even more FD in HSBC ?

This post has been edited by bbgoat: Jun 11 2015, 02:32 PM

2 days ago, the BR officer said in order to solve my lowered interest rate by 0.10% issue, the BR officer
suggested me to withdraw my 5 years FD (2 more years to go), then use the money to place another
new FD for 1 year at 4.25%....!!!
I cannot imagine how stupid is this BR staff...

Why must be aunties & gf leh..??
Uncle & bf cannot meh..?

Ramjade, in the previous thread, you mentioned Banana Money, well, I don't think our Ringgit will worthless anytime soon unless there is a WWIII.

Having said the above, during Global Peace time in 1997/98, USD/MYR was about 3.5 in mid 1997 and by early 1998, it weakened to USA/MYR 4.71. And in 1998, we could get FD interest rates above 14%. It was during this time we had TDM versus DSAI.

Fast forward to current time, we now have TDM versus DSNR - click here to see Pokemon fight - damn funny). In addition 1MDB, we are told today we have Pembinaan PFI And IMHO, our currency is depreciating like no tomorrow is because of people (many here including GLCs) who have and will continue to "convert" their Ringgit to foreign currencies- by means of DCI, converting cash (go see money changer queue at MidValley) and buying properties in London (including Felda and EPF), Canada and Australia (for the past 2 years on any week, on average I get 1 or 2 SMS from agents selling properties overseas, last few months 3 SMS a week! - which means there is a big market for it here).

So, if history repeat itself, soon all of us here would be very happy because we can get 14% interest rates for our FD, hahaha.

And if you have yet to go get a Rolex, better go get one now, hahaha. Click here to read my article on Rolex. Bought my Rolex Stainless Steel GMT for about RM10K 20 years ago, similar model today RM30K (3X), so assume that it increases at the same rate, in 20 years, a Stainless Steel Rolex GMT would cost close to RM100K! I guess it this happens, I would agree our Ringgit as good as Banana Money!

BR loves you .....................

I must be the lucky ones, only good times with BR so far.

Oh, I am sorry, must have mis-read you ..............

This post has been edited by bbgoat: Jun 11 2015, 02:54 PM

hahaha

14%

hahaha

wow dont think i live the day of 14% again....huhuuh...the last round my mom was laughing her head off....
but shd we be all that happy? I cannot imagine how are the people going to pay their housing loan(SSSS)...

14% interest rates for FD

die la those with loan

1mdb will burst faster with tat rate

Everything will burst lah especially property market.... except FD depositors like us... Yeah..

Ur bank acc will burst fast also ?
burst with a lot of 000000

Base on 72 rule..
it takes u 7.2 years to x 2 your capital at a rate of 10% per annum

It is Okay..no need to say sorry lah, Ah Sir....

Minister: Malaysian ringgit could plunge to 1998 levels if 1MDB debt unpaid - See more at:

http://www.themalaymailonline.com/malaysia...h.3j6Uyl8A.dpuf

Happy if interest rate goes up !

Sad if currency goes D O W N esp to USD !!