wtf!
then why the "big promo" on efd 3 months at only 4%.
i kena con big time liao.

You need to wait one year to get the extra RM50/60, not one day.

Different person has different situation.

It is not about one day pay sometimes, the one day off may result the sales person to miss out a client that worth a couple of hundred or even thousand commission that can be made or may even lose out a client long term.
Your client phone you want to get some part, you can't tell your client, today I offday to the bank to do FD, hence only can come tomorrow, business can be gone already.

While for a production supervisor, the off day may result in operators miss-handling the machine due to lack supervision or guidance, that result in loss of a couple thousand to the company, as well as performance merit.

You can't judge everything just because extra 0.x% in FD deposit.

Imagine you are the employer, your worker tell you, he/she wants to apply a leave because his/her want to go to the bank to renew the matured FD at promotion rate that got extra 0.x% at month interval (got several FD matured at each month), how do you feel or see from employer pov, as compared another person only go to bank at his/her convenience off day that doesn't need to apply leave from company.

Not everyone has free time or can purpose off day or off hour to do those banking stuff one.
There may be other more importance agenda issues on hand for the daily job.

u can't say con la, e-fd is always lower thn over the counter, even HLB also same case
i opt for 1 month at 3.9% last month expecting rate gonna go higher XD
let's just wait next week and see what the rate they gonna offer me

Bro don't underestimate the Rm5. Rm5 can buy breakfast for 3 people or one meal of mixed rice. Like I said banks are within walking distance. So why choose 0.1% over 0.15%. If far away, forget it. Not worth.

cherroy
If like that then how those people working in the private sector place FD at promo rates? No time to come out unless you count lunch hour and most banks are close on weekends.

kochin
Actually you didn't get con. With eFD, you don't need to burn petrol and parking. So 4% for 3 months eFD is worth it.

This post has been edited by Ramjade: Nov 4 2015, 09:44 AM

That's why there are many FD being renewed at board rate as well.

Not everyone has the "luxury" to shift the FD around at their convenience.
Need to give and take in between.

Even for high income earners or employer who may be busy to see client, trip to outstation, business nego etc.
No time, no convenience, just let it roll over automatically at board rate.

depends on sum also mah.

bro, change mentality of budak. time is money, for rm5 go and change from one bank to next? how much time spent?

to be big player earning big money, look at bigger picture.

@cherroy examples are for those big earners or those who value TIME!

time is money!!

good point, time is money!!

unless retired or like kiddo looking for girls then rm5 go switch fd.

mohdyusof. yygo
If bank A offer 4.1% and bank B offer 4.15% for 1 year and both are located in the same block, you tell me which bank will you choose?
Here same place, same tenure, only different rates. So time is not an issue. Don't tell me you want to choose the 4.1% one. If like that I am speechless.


This post has been edited by Ramjade: Nov 4 2015, 10:33 AM

This thread is moving fast but with less info (or the info got lost) due to constant harping about the same issue.

i am not sure about the rate, I did walk in to a branch last month and asked for their rate. gave me lower than the rate mentioned, even lower than efd.
Mind you it is over 5 figure...

If the rate is right, I'll ban the branch, simply give rate without checking!

Complain to the branch manager, if no action threaten to complain to BNM. But you must be certain that you have proof that you are entitled to higher rates. Previous flyer/brochure stating the rates. If you got proof, banks usually able to correct it (you will get the actual promised rates upon maturity). Hope this helps.

teruk ! you seems to shift the key issues or question around to your benefit.

was talking about terminating an fd and go for another one! if rm5 also want to terminate the fd and move to another bank? that is the issue that was discussed. you have only short term memory? or rather intentionally doing that?

if new fd and both banks in the same area, sure will go for the higher rate one, no argument on that. but, please, please don't change the issue at hand!

bro ram do not change topic, you have been doing that few times during discussions.

This post has been edited by mohdyusof: Nov 4 2015, 12:14 PM

yygo, mohdyusof

Since when mentioned anything about terminating?


The sentence above did not mentioned anything about terminating FD. I assumed it means someone with fresh fund rm10k choosing between 4.1% and 4.15% so you are telling me that Rm5 also want to chase.

Btw, I let you know, I terminated a 3.7% FD 3 months into it at affin to go for their 4.33% FD before.

Anyway let it rest. So that topic won't be lengthen by useless argument I am tired of telling you guys not to give banks free money. You guys want to give free money, be my guest.

This post has been edited by Ramjade: Nov 4 2015, 12:35 PM

Lol not so free, I do what I said previously. Just ban the branch and go another branch

Actually you can just email bnm if you want to complain. They response to emails.

go and read yourself old boy (with poor memory)!

rm5 also want to terminate fd and place new one.

This post has been edited by yygo: Nov 4 2015, 01:16 PM

stop arguing with tun. nanti he change the topic and said this and that. his behaviour

lol. you are tired, we also tired of you. hope you won't mention your fav statement anymore. just put in your signature will do. even unker dreamer also understood at last.