provided the bank revise the rate. if they still honor existing promo rate regardless of OPR change, then no difference.

if bank suddenly itchy/kancheong due to OPR change, they could revise the promo rate overnight, hence the clause is to protect them, and as a little disclaimer for customers to be aware of (their intention to revise without prior notice).

yeah, based on the T&Cs, only "up to" 100 units allocated for the Dyson fan.

it was shared in previous v8 topic.

Affin accepts IBG from other banks.

i did this before...Affin defines "fresh" as long as the fund is not "older" than 3 days after IBG from Maybank SA -> Affin SA.

of course you need to have Affin SA (savings account) before IBG can be done.


OCBC also same, "fresh"-ness no longer than 3 days.

This post has been edited by cybpsych: Jun 15 2015, 07:59 AM

that's what my banks told me. diff branch could be diff.

guess you're the lucky winner

More info: HLB | Interest Rates | Terms & Conditions | Fees & Charges

Account Features
● New placements and withdrawals can be made anytime via Hong Leong Connect.
● A choice of terms from 1 – 12 months.
● Opt for monthly interest crediting or upon maturity.
● Option to auto renew upon maturity.
● No FD receipt will be issued.
● The newly created account and placement details can be viewed immediately via Hong Leong Connect.

Eligibility
● Minimum deposit of RM5,000 for 1 month placement and RM500 for 2 months and above.
● Applicable for individuals and sole-proprietorships with Hong Leong Conventional / Islamic Current or Savings Account.
● For Malaysian aged 18 years old and above.



This post has been edited by cybpsych: Jun 25 2015, 10:09 AM

UOB Privilege Banking and Wealth Banking Membership Sign Up Campaign
12 May 2015 - 31 July 2015

More info: UOB | T&Cs

promo started since early June liao

same promo as before

OCBC e-SmartSavers Account [ OCBC | Promo T&Cs | FAQ | APPLY NOW ]

When you open an online SmartSavers account with us from now until 30 September 2015, you will receive a special* interest rate of: 4.00% p.a.

*Rates applicable on account balances until 31 December 2015.

If you withdraw money within the month, you will only receive 0.5% interest a year.
If you deposit minimum of RM50 monthly, you will be enjoying 4.00% interest a year until 31 December 2015.

Additional info clarified by CS:

1) You need to deposit RM200 as account opening deposit (similar to opening a new savings account). Then another RM200 to activate the e-SmartSavers account.
2) Transfer of RM200 for activation must be from other banks via IBG or deposit via walk-in to OCBC branch.
3) Subsequent monthly deposit (min RM50), must be from other banks via IBG or CDM. Intrabank transfer from other OCBC Savings account (e.g. SmartSavers) will not be eligible for the promo rate. That means, to enjoy the 4.00% p.a. promo rate, you need to begin from new fund deposit. <-- workaround is to cash-out/IBG out then bank-in to e-SmartSavers instead.
4) e-SmartSavers account closure, need to visit the Preferred OCBC Branch (selected during registration from eForm).


Some FAQs...


This post has been edited by cybpsych: Jul 1 2015, 09:16 AM

mechanism works like traditional smartsaver account. very very good interest rate if u don't need immediate fund.

I've been getting lots of free money by depositing 1k every month (as early as possible, usually 1st working day due to IBG, since interest is calculated over daily balance).

yes, keep on pumping in money the next month to regain the high interest rate.

remind yourself not to withdraw the fund within calendar month .

that's why smartsavers is only good if you dont intend to use the fund in a particular month to enjoy the high-interest rate. if withdrawal happens, then it's like a normal savings account, that's all.

i use this smartsavers for 2 reasons: 1) ocbc super deal fd promo where i gotten the medklinn air steriliser, 2) the fund will be accumulated and used to reduce my housing loan in one lump sum, also from ocbc, hence i dont have immediate need to use the fund, while getting free money generated from the interest

use this in conjunction with m2u savers, then you gets higher interest rate too by maintaining min 2k balance.

haha free money from the interest lor... so far with remaining balance of ~RM8k (depositing RM1k each month for the past 8 months), i've been getting ~RM21.xx interest dy.

total interest gained so far is about RM103

seems like a promo rate until 31 December 2015. read here

furthermore, you only need to deposit RM50 each month to "activate" the 4.00% p.a. rate, unlike traditional smartsavers which need RM1k to activate 3.05% p.a. rate

it's not. after 31 December, the rate goes back to 0.5% p.a. ... unless of course, OCBC introduce another promo rate that addon to the base rate of 0.5% p.a.

note: This account has a maximum withdrawal limit of RM25k per calendar year and no limit on deposits. Please visit any OCBC branch to remove this withdrawal restriction (to have unlimited transaction limit).