What does FD kakis think about this article : https://www.imoney.my/articles/make-more-mo...Deposit-Account

Granted that the money will be locked in for 5 years but it looks logical, especially for any banks (not necessarily BSN) that offer such high interest rate for long tenure. If hunting for priority banking, just dump in the money for the required priority banking and you can enjoy higher returns + PB privileges....... 

I thought BSN gives half yearly interest, No ??
If compound half yearly interest, it's approx 5% total compound interest over 5 years. EIR remain at 4.5% p.a.

Suspect his calculation is 12/15 * 4.5%

In which case I think when he puts RM1k in a 1 month deposit for 3% he's expecting RM30 by end of the month 

I tried HSBC efd, you need to withdraw it at branch while sipping on Americano, reading New Straits Time.

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.

I've been getting 3.5% to 3.6% interest for my 1-month CIMBclicks FD over the last few months, i wondered if anoone got it too? My account is Preferred though.