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

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chrischiang
post Jun 29 2015, 04:49 PM

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Hi.. I new to FD.. just a fresh grad worker.. planning to place 5k to FD..

by looking at the 1st post, i found out that below 2 FD quite suit my need. Is there other FD out there are suitable for me??

HSBC 5% for 3 Months FD has extended to 30 June 2015
Minimum RM 5K, maximum RM 30K
Min RM 5 to open a current account (Advance)
Free Umbrella while stock last

OCBC updated their Start Saving Deals again - Updated by cybpsych on 21 April 2015
valid until 31 July 2015
(2) Fresh Deal: 6-month @ 4.00% p.a., 12-month @ 4.20% p.a., min RM5k fresh fund

Since im new to FD, i would like to ask.. lets say deposit 5k to a FD and the interest is 5%

which mean i will get 5k+ (5k x 5%) after the FD period?

Do I need an account in that bank in order for me to FD? or i just can walk into the bank and say i wan to place a FD? Thanks.


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