BR was treat u so nice even gave u one month interest...lol...thanks for inform us BR promo. If it offer 4.5% with lucky draw can consider...haha

nothing to lol

br policy to give interest when fd terminated prematurely. unkle goat forgot about this, may be he never terminate before maturity.

br rate not competitive.

Hahaha, you are right. Last time Almighty Magician (should be him I think) have mentioned on BR FD pre-mature withdrawal we will still get the board rate or something like that. So this is my first time to terminate an FD which has been auto renewed. Today exactly 1 mth on the auto renewal date.

Anyway good that BR is giving interest even though just 1 mth after the auto renewal. I have been prepared to lose the 1 mth interest as I can gain it back from the 4.6% given by AmBank.

Their rate not competitive any more ! Their 4.3% would have been good if not for CIMB, OCBC, AmBank coming out with more attractive rates !

This post has been edited by bbgoat: Nov 9 2015, 05:25 PM

Happy Deepavali to fellow investors. Happy Holidays to everyone.

News mentioned US likely to increase the interest rate and expect ringgit to depreciate further. If US increases interest rate, BNM may follow. No wonder Ocbc promo till end of Dec. Let's see what will be UOB strategy to counter Ocbc

OCBC 360 Account free Sports Bracelet.
this Sports Bracelet how much ?
https://ringgitplus.com/en/savings-account/...60-Account.html
t&c
https://media.ringgitplus.com/creatives/c63...-conditions.pdf

Even if BNM increase the rate, following US, the FD promo rate may not see corresponding increase. Unless the OPR increase % is substantial. The current rate of 4.5 and 4.6% already quite attractive.

The safest bet may be the 1 year 4.5% offered by OCBC.

UOB started the month by 4.25%, 0.05% increase over last month. With OCBC up the game to 4.5%, would be interesting to see what action UOB will take.

This post has been edited by bbgoat: Nov 10 2015, 08:16 AM

Why not maybank 4.5% pa?

most ppl not comfortable with maybank's GIA-i 4.5% p.a. without guaranteed return of capital & profit, and as well as no PIDM coverage.

I also have MBB and MBSB's 4.5%. That was before OCBC & AmBank's 4.5%/4.6%.


On Sunday in the Star newspaper, MBB came out with a good explanation on their GIA-i. One of the option is add on of the monthly interest into the capital. At the time of placement I did not know they have this option. So mine is probably same as yours monthly interest into SA.

This post has been edited by bbgoat: Nov 10 2015, 10:50 AM

i guess this is [Ancient]-XinG- 's concern earlier whereby his/her profit is added into capital.

He should be able to check online if the amount of the GIA-i has increased by the monthly interest paid.

For the maybank 4.5%pa , meaning that that the 11th and 12th month interest is not guaranteed?

From mth 1 till mth 12, not guaranteed, even principal. But read Sunday Star newspaper and you can understand more on this product.

Please help to attache the newspaper at here bro

Did not keep the paper. Best to look for the paper or search Star newspaper online.

Did not found any info in the star , appreciate some one may attach related info .

Thanks.

So far. , im pretty confidence against maybank policy (close ended bond) , but things may change , what we can do is , lets see their interest given within this whole year tenure.

lol sunday star money & you. 2 page some more, cannot find? lol

i have seen it also.

I search through the star mobile apps , didnt read the star newspaper ...hehe...