Hi hi, if II am not wrong. Only 13 banks participated the MEPS offer to provide free ibg. U may check through meps news.

Wasai, you really cautious type ! Mine still remain 14k.

This post has been edited by bbgoat: Oct 8 2015, 03:23 PM

So thats why UOB still charging RM0.11 for the ibg ? Need to look at the list you mentioned.

IBG is managed by MyClear, charges RM 0.11
IBFT is provided by MEPS, fee waived until end of the year but UOB is not in the list.

MEPS AND MEMBER BANKS TO OFFER FREE INSTANT TRANSFER SERVICES!

This post has been edited by cj7lee: Oct 8 2015, 03:26 PM

http://www.meps.com.my/meps-member-banks-o...ansfer-services

Yes. I just check the list, Uob is not listed.
BTW, 16 banks involved. I m using mobile, don't know how to update the news here, I m so sorry. U may check the link above.

OK, thanks. AmBank also not in the list. No wonder I was not able to do IBFT from AmBank yesterday.

Thaks for the info !

Now I know why some banks cannot find IBFT link on their website. Before that did not realize on this. Just xfer once there are eggs sitting in the bank.

This post has been edited by bbgoat: Oct 8 2015, 03:54 PM

Ambank doesn't provide IBFT service 😡

Sorry I do not know..


Nor sure if can do a premature withdrawal or not?
I think most likely cannot.

Yes, can.

No, not necessary to be priority customers.
It is available for all regular customers.

Ah Sir, I think this Am Bank 5 Years 4.55% has just started since 5 Oct.

Am Bank 4.5% for 3 years was a good deal but unfortunately I did not have money at that
time.

MBSB 4.7% with semi annual interest vs. Am Bank 4.55% with semi annual interest or monthly interest.. Hard to choose ah...

Another option is MBSB 4.5% for 18 months, interest will pay upon maturity..

Will be penalized dy
https://forum.lowyat.net/index.php?showtopi...post&p=76763266

Have to consider back wanna commit 5 years or not

If we compound 4.2% yearly interest to 5 years, it will get around 4.55% (or slightly more). I think the 4.5% 3 years previously in AmBank is a better deal than the current 5 years 4.55%.

Also 5 years is a bit long. Unless the OPR goes down then it is good to lock down (at this moment)to 5 years. But we cannot know how OPR will play out in the future.

This post has been edited by bbgoat: Oct 8 2015, 04:29 PM

Welcome back.. Warrior..

But for me, I would probably put in EPF account since I can withdraw
anytime..

After deposit to EPF, and if got any extra money, then I will put in one of these 3 options:

(1) Am Bank at 4.55% for 5 years with semi annual interest or monthly interest (with PIDM)
(2) MBSB at 4.7% for 5 years with semi annual interest (no PIDM)
(3) BR at 4.5% (can nego to 4.6% or higher) for 5 years with monthly interest (no PIDM)

Ya lah..
Need to think of it very carefully for at least 3 times before commit for 5 years...
Anyway, time is passing fast lah...

Ah Sir.. now your kid is studying abroad already, is time passing fast or not..?
Anyway, life is a gamble..it is hard to say committing 5 years is a right decision
or wrong decision..Sometimes we need good luck..

But if you have extra money that you do not plan to use it for the next 5 years, then go
for 5 years lah.. But please take note if something goes wrong, please do not blame me;
if you blame me, then I change my user ID..

Ha ha ha, my main point is just in case OPR goes up. If I go for 5 yrs, I would select MBSB 4.7% one.

Anyway I think it is good to spread out portfolio with short term, 1 yr, 3 yrs and 5 yrs one. So far I do not have 5 yrs one. It seems that only those non PIDM one are giving high (relatively speaking) rates for 5 years.

Well, life is NOT without risks, so take some risk !

This post has been edited by bbgoat: Oct 8 2015, 04:41 PM

Since you can withdraw EPF anytime, then AmBank one you sure will get monthly interest ?

Ya loh.. Ah Sir..

Nobody can predict precisely the OPR will go down or up in the near future..
Especially 5 years from now is too difficult and almost impossible to predict.

Now not asking you to put 1M for 5 years ma..
Just put RM 100K is just "sap sap sui" for you...
Or if you are not comfortable with RM 100K for 5 years, then how about RM 50K..?

I prefer not to talk about figures in this forum unless it is 10k or so.

I will keep the figure in my heart.

Aiyo.. Ah Sir, I am eligible to get monthly interest from Am bank FD since many years already..
you did not know meh..?

Oh.. one more thing, MBSB is in the middle of nego with Bank Muamalat about merging..
If they can merge successfully by this year end, do you think 4.7% for 5 years from MBSB
is still available..?

Oh.. Okay.. .
Sorry Ah Sir...

This post has been edited by BoomChaCha: Oct 8 2015, 05:01 PM

I was still thinking of the avatar you used previously. The man who longs for the sui girl shown !!!

If MBSB becomes a proper bank, likely they will be more conservative and lower the rates down.

Er, Unker goat, if you are >= 50 years old, you get monthly interest from ambank for the 4.55%. So you should get higher compare to compounding 4.2%