Fixed Deposit Rates In Malaysia V. No.10, Please Read Post #1 & #2
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 Nov 15 2015, 09:43 PM
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All Stars
11,954 posts Joined: May 2007   
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QUOTE(Plutoman @ Nov 15 2015, 06:48 PM) Actually for Maybank GIA FD, if you choose to roll over your monthly interest into your principle, you will be getting close to 4.6% pa. Of course only risk is principle/capital not guaranteed. Interest rate subject to OPR changes, I dont expect OPR to drop in near future, but if increase and maybank increase the FD rate will be bonus! only risk is principle/capital not guaranteed I thought our principle is not guaranteed if only maybank failed? No? |
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Nov 15 2015, 10:13 PM
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Senior Member
817 posts Joined: Mar 2014
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QUOTE(MNet @ Nov 15 2015, 09:43 PM) only risk is principle/capital not guaranteed not necessary. for principal, you may get back <100% even maybank has no issue. just investment lost on their part.I thought our principle is not guaranteed if only maybank failed? No? |
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Nov 15 2015, 10:37 PM
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Senior Member
5,867 posts Joined: Feb 2006
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QUOTE(MNet @ Nov 15 2015, 09:43 PM) only risk is principle/capital not guaranteed Your investment in Maybank can fail and risk capital loss but Maybank still can remain strong and steady.I thought our principle is not guaranteed if only maybank failed? No? |
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Nov 15 2015, 10:42 PM
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All Stars
11,954 posts Joined: May 2007
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QUOTE(sandkoh @ Nov 15 2015, 10:13 PM) not necessary. for principal, you may get back <100% even maybank has no issue. just investment lost on their part. The principle is invest on what?Where to see the performance? |
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Nov 16 2015, 01:11 AM
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Junior Member
160 posts Joined: Mar 2011
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QUOTE(Plutoman @ Nov 15 2015, 06:48 PM) Actually for Maybank GIA FD, if you choose to roll over your monthly interest into your principle, you will be getting close to 4.6% pa. Of course only risk is principle/capital not guaranteed. Interest rate subject to OPR changes, I dont expect OPR to drop in near future, but if increase and maybank increase the FD rate will be bonus! Har? My principle got risk? i tot only interest not guarantee only?  |
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Nov 16 2015, 06:33 AM
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All Stars
24,346 posts Joined: Feb 2011 
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QUOTE(Chili_90 @ Nov 16 2015, 01:11 AM) Har? My principle got risk? i tot only interest not guarantee only? Sadly yes. Maybank GIA-I, princiapal and returns not guaranteed. If it trouble you, just remove the money and dump into OCBC 4.5% (PIDM protected)  |
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Nov 16 2015, 06:55 AM
Show posts by this member only | IPv6 | Post
#1812
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Senior Member
10,001 posts Joined: May 2013
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Below is the extract from Product Disclosure Sheet:-
The principal and returns of the investment are not guaranteed in the event the Fund incurs losses or does not perform as expected. |
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Nov 16 2015, 08:53 AM
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Senior Member
817 posts Joined: Mar 2014
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QUOTE(MNet @ Nov 15 2015, 10:42 PM) The principle is invest on what? invest in their islamic bank. ha ha, not sure how to see the performance of the investment.Where to see the performance? |
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Nov 16 2015, 08:55 AM
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Senior Member
817 posts Joined: Mar 2014
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QUOTE(Chili_90 @ Nov 16 2015, 01:11 AM) Har? My principle got risk? i tot only interest not guarantee only? thats why have to read carefully!  this is the "fun" part of 4.5% monthly interest from maybank!  |
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Nov 16 2015, 09:03 AM
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All Stars
65,286 posts Joined: Jan 2003
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QUOTE(Chili_90 @ Nov 16 2015, 01:11 AM) Har? My principle got risk? i tot only interest not guarantee only? seriously, please read all the supporting documents about this GIA-i promo la. Campaign Fact Sheet | Terms & Conditions | Product Disclosure Sheet read particularly the Product Disclosure Sheet. there are explanations. as i said earlier, if uncomfortable, go for OCBC 4.5% promo rate. |
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Nov 16 2015, 09:06 AM
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All Stars
65,286 posts Joined: Jan 2003
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QUOTE(MNet @ Nov 15 2015, 10:42 PM) The principle is invest on what? read the PDSWhere to see the performance? The Fund performance report will be made available alongside the quarterly financial statements at all branches and published via website accessible at www.maybank.com.my/islamic |
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Nov 16 2015, 10:09 AM
Show posts by this member only | IPv6 | Post
#1817
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All Stars
26,524 posts Joined: Jan 2003
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Was planning to uplift my FD from OCBC but luckily I double check the cert. Turns out I just placed the FD last month for 13 months tenure but I forgot to change 2015 to 2016 in my record. Almost left my office already
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Nov 16 2015, 10:15 AM
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Junior Member
42 posts Joined: Jan 2013
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QUOTE(mohdyusof @ Nov 13 2015, 06:04 PM) tq. should be still available. don't think many ppl know this promo so got chance.is that gift still available if one place efd with uob? |
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Nov 16 2015, 10:28 AM
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Senior Member
817 posts Joined: Mar 2014
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QUOTE(Human Nature @ Nov 16 2015, 10:09 AM) Was planning to uplift my FD from OCBC but luckily I double check the cert. Turns out I just placed the FD last month for 13 months tenure but I forgot to change 2015 to 2016 in my record. Almost left my office already i encountered did not take 2 fd certs. so have to go back and take another cert back.  |
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Nov 16 2015, 12:42 PM
Show posts by this member only | IPv6 | Post
#1820
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Senior Member
10,001 posts Joined: May 2013
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Went to Affin Bank today
They offer:- 1. 4% for 4 to 6 mths FD 2. 4.20% for 12 mths FD subject to min RM10k fresh funds |
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Nov 16 2015, 12:46 PM
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All Stars
24,346 posts Joined: Feb 2011
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QUOTE(wil-i-am @ Nov 16 2015, 12:42 PM) Went to Affin Bank today Surprisingly affin bank used to THE BANK to beat. Now their promo not competitive at all. They offer:- 1. 4% for 4 to 6 mths FD 2. 4.20% for 12 mths FD subject to min RM10k fresh funds  |
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Nov 16 2015, 06:51 PM
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Elite
4,420 posts Joined: Jan 2003
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Uob 4.25% for 12 months
Min 10k fresh funds |
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Nov 16 2015, 08:04 PM
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Senior Member
817 posts Joined: Mar 2014
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QUOTE(Lurker @ Nov 16 2015, 06:51 PM) Uob 4.25% for 12 months known since early oct.Min 10k fresh funds |
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Nov 16 2015, 08:07 PM
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Junior Member
278 posts Joined: Mar 2009
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QUOTE(wil-i-am @ Nov 16 2015, 12:42 PM) Went to Affin Bank today Valid until?They offer:- 1. 4% for 4 to 6 mths FD 2. 4.20% for 12 mths FD subject to min RM10k fresh funds |
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Nov 16 2015, 08:10 PM
Show posts by this member only | IPv6 | Post
#1825
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(Ah SiAnG @ Nov 16 2015, 08:07 PM) Valid until? RM told me until end Dec 2015 |
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