You are too obsessed with your own opinion already. I think it is the other way round where readers of this thread and also other threads are the one getting tired and annoyed by your obsessive compulsive disorder to repeat the same thing over and over again. This thread is viewed mostly by matured audience and I believe they don't live a frugal student life anymore. Therefore your opinion may not be applicable to most of us here.

This post has been edited by aeiou228: Nov 4 2015, 01:39 PM

There are only 3 things that is important to this thread.

1) Expectations/Forecast of interest rates
2) APR (or p.a. basis) of board rates/promo rates
3) Net FD interest, which means interest received less incidental costs incurred, not to mention the impact of withholding tax.

1 definately not even discussed here
2 definately not even discussed, and if so highlighted, not comprehensible by majority.
3) brought up some time ago, and now ding dong abt it again. (excl. withholding tax)

The only thing that keeps this section of LYN alive is the info. on promo rates from different banks.

Master this 3 items, then I would say this thread would offer best advice.

....................

This post has been edited by thisisyourname: Nov 4 2015, 05:22 PM

It seems CIMB will maintain the 4.3% for 12 mth pure FD for the months of Nov & Dec. They will stop in Jan for sure.

If you don't like listening to a broken record, just log into your account, click on the username you wish to ignore/mute, and do the following:



Once this is done, you won't see the contents of that member's posts anymore

You placed your 4.3% last week even before 1st Nov ?

Thanks ! That will comes in handy !

Pbb housing loan is 4.4% whereas AmBank FD is 4.6%. Flexi loan borrower can untung 2% from FD for two years instead of covering the loan balance if no OPR hike within the same period.
I guess the competition in FD promo rates shall not stray far from the everage housing loan lending rate of 4.5%.

I tot is 0.20% instead of 2%

only if the banks allow you to pay loan, after your 2 years FD mature.

Yes. Your are correct. Tq for the correction.

with all the crazy rates like that, I opt for lower tenure 3 months CIMB 4.25% (subject to approval ). Still smarting over the 4.12% 36 months with Ambank I put in 2014

cimb 3 months 4.25%? i tot 4.1% only. for pb only?

yeah, pending approval

tq
pure fd & only pb member only?

3 months 4.25%? that will be the best for 3 months fd.

yeah pure FD and for PB


will update here if I manage to get it

Ah SiAnG - I updated my Fixed Deposit Page at my blog yesterday and just to share with all (what is not covered in your fantastic systematic easy to read Post#1&2):

1) A reader of mine message me at Facebook that Maybank is having 2 moths FD Promo - 1st Month 3.8% and 2nd Month 4% and minimum Fresh Fund over the counter RM25K. I called my Maybank RM to reconfirm and she further confirm that the promo valid until end of Nov 2015.

2) Affin back is willing to offer me 4.2% for 12 months for my soon to be maturing FD with them. Therefore I no need go waste time transferring the funds here and there. Those of you who are new to this thread or my blog, many people including myself have always advised those who want higher interest rates to go talk to the Branch/Service/Operation/Relationship Manager.

3) As for UOB, once again if you are new to this thread and my blog, UOB have this thing called "Retention FD rates" where they will offer you slightly lower interest rates compared to their current FD Promo. Therefore, also saves one the time to transfer money here and there. However, in order to be eligible for the "Retention Rates" - make sure you talk to your RM before the FD matures and not after and ask him/her to backdate. This ""Retention FD rates" is good for me as I can give my RM instructions to renew my maturing FD before I fly off.

4) My Maybank RM really good, no need Fresh Fund to enjoy Promo FD rates, she will allow me to "roll over" my maturing Promo FD on the spot into their latest FD Promo

This post has been edited by Gen-X: Nov 4 2015, 06:29 PM

2) Boss, why 4.2% 12 months in Affin when you can get 4.5% for 12 months in Ambank?

Sir, I don't have a single AmBank account and not even one of their credit card, hahaha.

Like I said, it a maturing FD and that one no need go transfer here and there. And FYI, Affin Bank is the safest bank in Malaysia because the major share holder is Lembaga Tabung Angkatan Tentera Malaysia and if anybody tires to con their money, it will be war, hahaha

Thanks for informing Captain Gen-X Have updated Post #1 & #2

Ambank do offer 4.5%p.a. for 12 months now?

Their website still mention 4.2%p.a. for 12 months

This post has been edited by Ah SiAnG: Nov 4 2015, 07:29 PM