Surprisingly affin bank used to THE BANK to beat. Now their promo not competitive at all.

Uob 4.25% for 12 months
Min 10k fresh funds

known since early oct.

Valid until?

RM told me until end Dec 2015

have heard some fren said ocbc asking them to confirm sharp car air purifier. isn't supposed to be room air purifier? anyone receive the sms? this is the fd promotion few months back.

Change of gift?

confirmed that it is CAR air purifier. quite mis leading on ocbc's part in the advert.

got some news that next year mortgage effective lending rate will be around 6%..

So am saving up my bullets for next year FD.. this year only do month to month.. Hehehe

maybe end of the 4.5% fd maturity then loan rate goes to 6%. month to month fd??

Cannot be la.. now bank taking fd with 4.2 4.3.. that is their cost.. they need operating cost.. and profit.. so justifiable to see 6% range for mortgage. Non collateral probably higher..

I am waiting for fd to be likr 1997 period.. 6-7% also.not bad la..

If 7% that means my fd will x2 in 10 years.. wow

FD rate won't go too high (more than 5%) without OPR hike.

You need OPR hike in order to see FD in the range of more than 5~6%.

If Fd offered rate is 6%, banks might as well resort borrow money from Klibor, instead of taking deposit from FD.

The gap of FD offered cannot go too far from the OPR/Klibor.

have to depends on when the fd goes that high up. if fd amount high, "loss" in interest while waiting for the fd rate is
ha ha!

6% still long way to go!

Then those on hosing loan will need to fork out more $$.

some sad, some

I will b sad

Just rec'd notice from BR today on implementation of premature rate wef 1/12/2015

I also received the notice. Luckily last week Monday I withdraw one FD with 1 month auto renew and received the 1 month interest.

I guess BR going to be less attractive to more and more people already. Their FD rate is no longer competitive with the big guys offering better rates than them.

I can't capitalize coz my 24 mths FD will xpire next yr

Always will have people reacting differently with the rate hike. I will be HAPPY !