sorry wanna ask what different between Banks that pay interest for non-working days and Banks that pay interest for working days that stated at page 1?
Fixed Deposit Rates In Malaysia V. No.9, Please Read Post#1 and #3
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 Jun 11 2015, 09:43 AM
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#1
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Jun 11 2015, 10:01 AM
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#2
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QUOTE(Gen-X @ Jun 11 2015, 09:48 AM) Bro, say your FD mature on a Saturday and you only can go withdraw it on Monday - some banks will pay you interest for Saturday and Sunday whereas some don't. I see, so that's just 1 or 2 days of different of interest paid if the mature date on weekend... didn't make much different then.But if you auto renew, then it is of no significant.  I would like to pledge a FD with those bank giving more than 4.2%, anyone know which bank or branch that open on weekend and able to Pledge fresh fund FD services? So far I know some of the shopping mall branch can't place FD during weekend |
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Jun 11 2015, 11:48 AM
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#3
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QUOTE(Gen-X @ Jun 11 2015, 10:35 AM) Bro, you mean place/deposit FD right - you can withdraw the FD anytime (penalties apply). If you pledge FD, it is like a collateral for some sort of loan/credit and there is some hassle if you want to withdraw the FD in the event of an emergency. Yea correct, I just want to place a FD, don't want any loan/credit. Any recommendation?As for the 1 or 2 days, it is a matter of principle and why would you want to be cheated? |
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