MBB GIA-I is one example

Perhaps its the islamic schemes

i just got news fr OCBC RM, 4.5% for 12 mths FD until 31 dec 2015. Min 10k fresh funds.

we've gotten the news this morning

On paper is until 31/12
In reality, 1st come 1st basis

Does this OCBC has maximum amount as well? My current OCBC 4.2% only allows max RM30k which sucks.

the previous ocbc 13mth 4.2% p.a. has max RM10mil per account wor.

http://www.ocbc.com.my/assets/pdf/Accounts...ingsDeal_en.pdf

Mine was placed March this year, 12 months.

I got no account at OCBC. Mean i need to withdraw using banker cheque then go to OCBC for the FD?

if March 2015, it could be OCBC Hugo Boss pen/Fresh Deal campaign. that one got RM5mil per account max limit.

yes.

and most likely need to create a savings account for interest crediting purposes.

Indonesian FD Rates is as high as 7%... and amount is higher can upto 9%...

Assuming if you waited 15 days for a 4.7% 12 months FD in 2016, then you are actually getting 4.51% in effective terms.
If there is no such 4.7% rate in 2016 and rates remain at 4.5%, then you are getting 4.32% for losing 15 days interest.

soli, double post.

This post has been edited by michaelho: Nov 5 2015, 05:46 PM

Goat gorgor, will follow your lead and go for 4.5% MBB 12 months tomorrow. Will opt out of CIMB 3months because 6 Feb 2016 is weekend and then followed by CNY holidays . I know they will 'cheat' me of 1 day interest, I boh song .

just curious, why not OCBC's 12mth 4.5% pa?

https://forum.lowyat.net/topic/3456872/+900

Post #910. Sadly no gift,

my place tarak OCBC . I wish to place OCBC too because MBB T&C worries me a little

6. The campaign rates are subject to any Overnight Policy Rate (“OPR”) change during the Campaign
Period.

I read the capital not guaranteed also .


Still think MBB 12mth 4.5% or 2 months (effective rates 3.8%), if 2 mths , expiring in Jan 2016, maybe got good CNY promo hor


This post has been edited by michaelho: Nov 5 2015, 05:52 PM

thanks and noted bro...

strange, right. it's stated rm5mil max per account.

as general guideline, put in mind that it will be rm5mil max per account lor.... well, unless ur target fund reaching 5mil

my rationale for putting in mbb were:

1) it was a good rate for 12mth tenure .... before all these new FD promos coming out la
2) i kinda prefer the monthly interest crediting. not much, but still a bonus.
3) it's from Maybank, there is some assurance of the bank. If MBB kaput in 12mth, am sure other banks would suffer worse.
4) i was lazy chasing promo, I was transfering from OCBC to MBB.
5) i dont want to keep so many CASA or FD. not like my fund are 6-7 digits big


and finally, i dont like UOB or Ambank and Ambank TrueSavers. that banks are nowhere near me. wont bother with their rates, no matter how attractive it is.

This post has been edited by cybpsych: Nov 5 2015, 05:57 PM