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

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Vincent9696
post Aug 9 2015, 12:21 AM

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Hi everyone , I'm new guy just coming in.

I would like to know that what is this month ocbc FD promotion?does last month offer still valid - 4.2% 12month?
Vincent9696
post Aug 9 2015, 01:03 PM

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QUOTE(bbgoat @ Aug 9 2015, 08:00 AM)
One forumer mentioned that it is now 13 mth 4.2%.  biggrin.gif
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thumbup.gif Not much attractive FD promo within this month , I have seen BR having quite good interest rate for short term e.g. 3momth , 6 month . Previous post mentioned can request higher rate , mind to share what is the process need to go thru? icon_question.gif Going to open a FD account tomoro , hehe
Vincent9696
post Aug 12 2015, 04:33 PM

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QUOTE(bbgoat @ Aug 12 2015, 04:16 PM)
CB is now quoting TT rate for USD at RM 4.0645. On Monday I bought at RM 3.9590. A difference of about 0.1. That is some k difference for the amt I bought.  sweat.gif Luckily I did it on Monday. The volatility is scarely.

How this will affect the economy and then OPR and FD wait to be seen.  sad.gif
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Will OPR going to reduce as expecting in September?
Vincent9696
post Aug 12 2015, 09:04 PM

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QUOTE(aeiou228 @ Aug 12 2015, 09:01 PM)
Affin bank pays RM255m for 0.51ha of land in TRX.
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Not the bank but its group company
Vincent9696
post Aug 12 2015, 09:45 PM

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QUOTE(aeiou228 @ Aug 12 2015, 09:26 PM)
The paper stated Affin Bank Berhad.
http://www.thestar.com.my/Business/Busines...land/?style=biz

It works out to about RM4699 per sqft.
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Meaning affin bank will have long term fd promo soon...haha
Vincent9696
post Aug 12 2015, 10:45 PM

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QUOTE(aeiou228 @ Aug 12 2015, 09:50 PM)
As the matter of fact, Affin's 4.33% 15mths FD is the highest among commercial banks.
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Still not looking for affin due to branch location hard to get parking , I'm more prefer OCBC , RHB and BR
Vincent9696
post Aug 13 2015, 08:00 PM

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Bank rakyat to ask for higher interest rate, is it still can nego??i seen the 6month rate quite low even 1 year also

This post has been edited by Vincent9696: Aug 13 2015, 08:49 PM
Vincent9696
post Aug 14 2015, 03:59 PM

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QUOTE(wil-i-am @ Aug 13 2015, 09:21 PM)
Other than 'special promotion' by Banks, BR 12 mths FD is the Highest
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I heard that , customer can request another bonus rate of 0.185 from the prevailing rate of 1 year...I just need clarification whether it is true or not.
Vincent9696
post Aug 14 2015, 08:44 PM

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QUOTE(wil-i-am @ Aug 14 2015, 05:56 PM)
I suppose u bring cheq book to enquire on the spot
If rate is gud, immediate placement
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Will go try my luck next monday
Vincent9696
post Aug 15 2015, 02:48 PM

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QUOTE(yygo @ Aug 15 2015, 11:20 AM)
50k or more then can ask. the other person say 0.5k can ask for 0.185 laugh.gif
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Last month I put 65k , bank teller didn't give me extra also...swt

Mind to share if above 50k can gv extra of how many %?

This post has been edited by Vincent9696: Aug 15 2015, 02:49 PM
Vincent9696
post Aug 15 2015, 04:27 PM

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QUOTE(bbgoat @ Aug 15 2015, 03:17 PM)
Hard to say, you have to negotiate with them. BR keeps on changing the so called nego rate threshold limit between 50k and 100k. Different branch may tell you differently. Talk/call to them.  biggrin.gif

For 50k, may just get 0.05% extra. But may not get also. 100k higher chances of getting. Nego with them.  biggrin.gif
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Since I put it ady , my fresh fund is not more than 50k ady right now , btw , I will talk to them nicely...hehe...thanks
Vincent9696
post Aug 16 2015, 08:54 PM

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QUOTE(PhungTM @ Aug 16 2015, 08:07 PM)
Any savings account, etc?

Or like UOB FD?
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Pure FD , fresh fund , interest credited to SA
Vincent9696
post Aug 18 2015, 02:18 PM

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QUOTE(sandkoh @ Aug 18 2015, 10:02 AM)
Vincent9696, you ada ask br ka?ada orang cakap boleh dapat 4.285% for rm1k!!  brows.gif  laugh.gif
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I didn't ask , nx time I gonna ask ady....
Vincent9696
post Aug 18 2015, 06:45 PM

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Tomorrow I go counter ask , also meet the BM see I can get what the best rate , if that's true , I will post it up to you guys see....hopefully give me good news got 0.5% , I try 10k ...hahahah
Vincent9696
post Aug 19 2015, 03:42 PM

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Asked 10k for special rate , but still not entitle...swt


Vincent9696
post Aug 19 2015, 05:05 PM

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QUOTE(yygo @ Aug 19 2015, 04:11 PM)
1k can get 4.285%, 1.5k can get 4.5%. pearl_white, rite? laugh.gif
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1.5k can get? Then I should get better rate since I put 10k...
Vincent9696
post Aug 19 2015, 10:26 PM

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QUOTE(MAC-tronome @ Aug 19 2015, 09:56 PM)
Hi guys, OCBC called earlier today offer me FD in foreign currency.

According to the lady,

Min amount = RM 30K
Interest rate = 0.63% (normal rate for SGD, different currency is different) + extra 4% (this is the promotion they giving now). So total 4.63%
3 months

Guys. Any input on this? is it worth it? any catch here? Thanks
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Received call from their RM , quite attractive if u willing to take the risk of currency , it is worth... 4.63% p.a. , but if u only put 3months, it's not a wise choice due to the value of u buy and u sell range of the gap is quite big, unless , our ringgit fall again to rm3 or above??
Vincent9696
post Aug 19 2015, 11:15 PM

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QUOTE(kit2 @ Aug 19 2015, 11:04 PM)
i say the likelihood of ringgit going up in 3 months is low given the current crisis. yes, exchange rate spread is a more important factor to consider. you may end up losing after converting from ringgit and then back to ringgit due to large spread.

min is 30k, but what is the max?
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Max could be RM10mil
Vincent9696
post Aug 20 2015, 03:19 PM

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Today pass by another branch of Br , I request higher rate of interest with 120k , the executive said no such thing...lol...does anyone can proof , he/she entitle higher rate of interest?
Vincent9696
post Aug 20 2015, 06:29 PM

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QUOTE(yygo @ Aug 20 2015, 05:07 PM)
mana pearl_white, who said rm1k in br can get 4.285%? laugh.gif joker orang itu!

120k can ask for at least 0.05%. boom cha cha, magika, goat all have done same thing before?
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Currently no longer entitle additional rate.

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