my cimb cert

wahhh, I wonder how much this 'poor man' put in to get that rate for 3 months

my cimb second cert

*
BANK RAKYAT - NOT Eligible for PIDM

If you are willing to go deposit with a non PIDM member, then check out Bank Rakyat Deposit Account -i which is based on Islamic Principles and like all Islamic banks' products, the profit rate cannot be guaranteed.



Thanks to all members who highlighted that deposit more than RM5K with BR is now eligible for monthly dividend. However, please note that many members here reported that their monthly dividends were not be credited monthly but they have to call up BR staff to have it done manually every month!!!
Special thanks to bbgoat for reporting the tenure to be eligible for monthly dividend:-
eFD or eTD. Contributed by Nom-el
Contributed by ikanbilis
Bank Rakyat introduces Xclusive membership card - New added by okuribito on 20 November



Banks that pay interest for non-working days
OCBC
Bank Rakyat
UOB
May Bank (Need to remind May bank staff to add interest)
Affin Bank - updated by cybpscyh on 12 Dec 2014
Alliance Bank
Kuwait Finance House

Banks that do not pay interest for non-working days
Am Bank
RHB
Standard & Chartered Bank

Bank that non-voluntary credit interest unless appeal
Public Bank (Need to complain to BNM then only pay interest)

Charges for issuance of Banker's cheque - Contributed by bbgoat
New IBG Transfer Timing - Updated by gchowyh on 16 December 2014



List Of Banks With Survivorship Clause - Updated by magika on 16 November 2014
1. OCBC
2. RHB
3. Alliance
4. Ambank
5. Cimb
6. Hlb
7. Affin
8. MBB



A simple FD calculator to help you - by Human Nature on 13 January 2015
http://www.miniwebtool.com/fixed-deposit-calculator/

Banks that do not pay interest for non-working days
Am Bank
RHB
Standard & Chartered Bank

Is this means bank won't pay interest for Sat/ Sun/ public holiday?
So basically 1 month will lesser 8 to 10 days interest (sat & sun).
Effective interest for 1 year will be way way low compare to other bank that pay interest for non-working days.

Is my statement correct?

No. What it meant is if your FD maturity date fall on Saturday, you will lose 3 days interest (sat*, sun, mon).

*not sure you will be given interest for Sat or not. If yes, then you only lose 2 days interest.

why monday? 

No. What it meant is if your FD maturity date fall on Saturday, you will lose 3 days interest (sat*, sun, mon).

*not sure you will be given interest for Sat or not. If yes, then you only lose 2 days interest.

Banks open on Monday?

i meant why you said "you will lose 3 days interest (sat*, sun, mon)"?

banks open on Monday right?

i meant why you said "you will lose 3 days interest (sat*, sun, mon)"?

banks open on Monday right?

You won't get promo rates after your FD matured right? And is only 1 day (Monday), will they give board rates for that 1 day?

that's great. I thought only upon maturity. This is the only time I wished I am 50years old 

if fd mature on saturday, bank open on monday, only lose 2 days interest wor.

Banks that do not pay interest for non-working days
Am Bank
RHB
Standard & Chartered Bank

Is this means bank won't pay interest for Sat/ Sun/ public holiday?
So basically 1 month will lesser 8 to 10 days interest (sat & sun).
Effective interest for 1 year will be way way low compare to other bank that pay interest for non-working days.

Is my statement correct?

You won't get promo rates after your FD matured right? And is only 1 day (Monday), will they give board rates for that 1 day?

bro, people was asking sat/sun/public holiday 

why people will lose interest on monday? once the bank open on monday people will go uplift their fd and they may place their fund with other banks under any other promotion on the same day itself right? interest will start running once u place a fd right?

Cause Eg, if it matures in Friday, you still get the promo rates on Friday. What about rates on Monday if it were to matured on Saturday? Promo rates or board rates?

when it matured on saturday how can u still get promo rate on monday?

if u do not uplift the fd on monday then it will auto renew at board rate la 

when it matured on saturday how can u still get promo rate on monday?

if u do not uplift the fd on monday then it will auto renew at board rate la 

ok assuming I don't uplift, the next cycle starts Saturday immediately (board rate)?

But will you get promo rates for that Monday or board rates for that Monday?