Returns from sg reits is tax free?

Bro, your confidence level now lower than in 1998? Based on current situation right here (not China where it's really bad), I think 1998 worst off where everyone got no cashflow. I am waiting to see how things turn out come this October...

And I doubt our interest rates will go up or down much unlike 1998 because we don't have DSAI as our FM today, haha. The way I see it, if things do go very bad, once USD/MYR hit above 4 and goes back down to 3.8, our government will revert back to pegging it at 3.8. Seriously, right now USD/MYR 3.8XXX not much diff from previous peg of 3.8.

Back to FD, not many straight forward FD promos nowadays, I guess have to wait till last quarter of the year to see more FD promos (banks window dressing). For my case, I'm now only interested in short term, i.e. 3 months.

Interest rate up ---> slowdown the economy, as loan become expensive.
A slow or poor economy condition --> weak currency.
Weak currency --> import bill goes up --> inflation --> raise rate again?

If like that vicious cycle looping, not something wise to do.

OCBC Smart Saver Deal for 3 months: 50%:50% ratio of fund
4.8% + 3.05% (if top-up at least RM 1K to Smart Saver every month for 3 months) = 7.85% / 2 = 3.92% effective rate

VS

(1) CIMB 3 months 3.95% --- by Vincent9696 on Aug 22
(2) RHB 3 months 3.85%
(3) UOB 3 months 3.85% --- by Nom-el on 3 September

I think I would rather go for CIMB..   
But if have some/extra money to top-up each month, then OCBC is better...

why go for 3 months when u can go for 15 mths for less hassle and higher rates>?

Ah Sir, I received my first interest payment of 4.5% FD in my Justone saving account.
Quite surprise I can receive it on time... 

I need a saving account to collect and accumulate monthly interest.
Correct...
Oh... This is ridiculous of SCB 

You need to check back with your SCB branch as soon as possible, better to talk to RM or Service Manager, or the Branch Manager. You did not complain to your SCB branch?

Mine is Renewal Instructions: 3. But this Renewal Instructions has nothing to do with the half yearly interest payment.
As long as your tenure is longer than 12 months, you will get half yearly interest.
You can see this T&C stated on FD cert.

I placed my 4.5% 15 months in March, and I received my interest just right on time last Friday.

Renewal Instructions: (2) Renew principal at prevailing rate for same term, credit interest to same currency account number --
----> This means upon maturity of 15 months FD, your FD principal will auto renew to a new 15 months FD based on board rate and the last interest payment will credit to your saving account.

Renewal Instructions: (3) Credit principal and interest to account --
----> This means upon maturity of 15 months FD, my FD principal and last interest payment will credit to my saving account.

hong leong bank fd promotion

12-month fd 4.20% effective
12-month fd + case account 4.23% effective
15-month fd step-up 4.26% effective (start 15/9/15)

HLB is the 2nd kiam-siapest bank in town, they must be in urgent need of cash to come out with 4.2%pa promo

I tried today n transaction went thru