don't quite understand how it works.

say deposit of RM100k
1 year RM100k x 4.55% = 4550
if interest is paid semi annual, then 2275 paid half yearly?
so is 2275 being added back to RM100k for a slightly bigger payout end of the full year?

and what happen when the guy exit after say 2 years?
confusing with these promo.

1) 4.55% pa for 60 months
2) Campaign Period: 10/09/2015 till 31/10/2015 OR upon reaching RM500 million whichever comes first
3 )Minimum placement: RM10k - Individual, RM20k - Non Individual, RM250k - Wholesale Banking

For FD Am50Plus, the monthly interest must be credited to the Primary account holder's account.

http://www.ambank.com.my/ambank/SiteAssets...onthsTnCEng.pdf

4.4 The Eligible Customer will not be entitled for any interest/profit whatsoever if the Eligible
Customer makes an early withdrawal before the completion of three (3) months from the
date of placement. If the Eligible Customer makes an early withdrawal after completion of
three (3) months from the date of placement, the interest/profit payable will be half (50%) of
the Bank’s contracted rate based on completed months on the principal amount only.

don't quite understand how it works.

say deposit of RM100k
1 year RM100k x 4.55% = 4550
if interest is paid semi annual, then 2275 paid half yearly?
so is 2275 being added back to RM100k for a slightly bigger payout end of the full year?

and what happen when the guy exit after say 2 years?
confusing with these promo.

FD/IFD-i Countdown 3 [ MBB | T&Cs (Conventional) | T&Cs (Islamic) ]
5 October 2015 - 31 October 2015

Deposit now for greater returns on your 3-month Fixed Deposit. This offer is applicable for fresh fund placements made over the counter at any Maybank and Maybank Islamic Branches in Malaysia.

3 months Step-up
1st and 2nd month @ 3.60% p.a.
3rd month @ 4.60% p.a.

Effective rate 3.93% p.a.

I am guessing it will be deposited to your CASA. If they deposit into your principle, sure they rugi la. Banks don't do rugi business.

Here you go if you exit in 2 years.

Deposit now for greater returns on your 3-month Fixed Deposit. This offer is applicable for fresh fund placements made over the counter at any Maybank and Maybank Islamic Branches in Malaysia.

3 months Step-up
1st and 2nd month @ 3.60% p.a.
3rd month @ 4.60% p.a.

Effective rate 3.93% p.a.

I am guessing it will be deposited to your CASA. If they deposit into your principle, sure they rugi la. Banks don't do rugi business.

Here you go if you exit in 2 years.

not bad for 3 months promo, but still not a match to cimb 4% efd

unkle goat posted dlm previous v9 with mbb flyer

1.the 2275 will be credited into your savings account, therefore, no 4.5%p.a interest on your interest.
2.If you quit after 2 years, the bank will deduct your principal before let you go, the bank will never rugi

how they calculate the deduction of premature uplifting?

if FD mature date is 27 Oct,can I withdraw it on that day or the nextday?

time to quit i-fd, convert back to ah-pek fd. shit with the few penny & % rate extras.

what my grand-dad said 3 years ago seems to make lots of sense now.

CORRECTION!

Effective rate 3.93% p.a. FOR 3 MONTHS!

Time to go APR (effective rates for 12 months)!
oh oh....here we go again....

how they calculate the deduction of premature uplifting?

Care to share why?  As far as I know fd is fd. Just different name

CORRECTION!

Effective rate 3.93% p.a. FOR 3 MONTHS!

Time to go APR (effective rates for 12 months)!
oh oh....here we go again....

oh hey, you are back 

islamic fd not same same as ah pek (conventional) fd in the eye of many old caines ppl like my dad for one

hehehe, the top/best financial guru ever in lyn back........................  

fd 5% 6% returns  

Tell me the history. Must learn from the best financial guru