dream, dreamer. one day woke up fd 6%! but when?

see "free money" to bank vs petrol or effort (malas drive), which one is lebih!

How to make uob accept maturing FD as fresh fund

For me Last time when placed FD, no need to drive far. Affin, maybank, cimb all within walking distance of each other. So I simply pick the one with the highest rates.

This post has been edited by Ramjade: Nov 24 2015, 10:04 AM

Do you always manage to get ASM/ASW/AS1M instead of FD? How did you manage to do that ?

jika one bank give higher fd rate, do you still drive to the place even if it is some distance away? or you just give "free money" to the bank dekat kamu?

This post has been edited by mohdyusof: Nov 24 2015, 01:55 PM

Banks that do not pay interest for non-working days
Am Bank
RHB
Standard & Chartered Bank

When we say no-working days, are we referring to weekends and holidays?

Need some help on calculating interest rates for those banks that do not pay interest for non-working days.

Please help, thanks in advance.

Yes. 100% no failure in topping up. Just go to counter and ask for xxx amount. Just don't be greedy. I only have ASM. So when FD matured, withdraw in cash and try luck. Have already move ~90% of my FD. When I tried topping up time, people were selling like crazy. You can literally pick how much you want. Guaranteed sure get. One man's meat is another man's poison.

All the banks within same place for me. Last time only affin and cimb gives the best rates. So no problem for me. Never considered mbsb as no pidm. Uob attractive but affin bank better (last time) and Affin nearer. Why go far for not attractive rates. So dump all into affin. Loyal affin customer. HL bank was within walking distance from my housr. However instead of putting in HL, I went for affin. So in a way, yes, I did go for a further bank which gave better rates.

Just know that UOB comes out with a better rate for
12 months at 4.4%.
6 months 4.2%.

It's heating up. But still not interested.

So no free money for bank!

minimum 10k as usual? until Dec?

uob still lose out to ocbc 4.5%, both competing with each other.

This post has been edited by mohdyusof: Nov 24 2015, 03:18 PM

Got free cash in hand park in ambank Truesavers and ambank Islamic efd 1 month (less than rm5k so no choice). Once it hit rm5k, (Truesavers + Islamic efd), I will transfer rm3k to ASM. And just keep free cash in hand at rm2k. More than enough for me to last the month.

This post has been edited by Ramjade: Nov 24 2015, 03:23 PM

hnws! no worry on food. watchout on asnb, may not be green always! no pidm, ok with you?

Food only about RM6/meal la. Breakfast and dinner not counted as I make my own breakfast and dinner.

Surprisingly that one I am OK (no pidm). If mbsb, I am nervous. ASX, nope. Excellent track record for 20+ years, Owned by MOF. Huge reserves. You of all people should taruh in that. Get 7-8% instead of FD. Is practically risk free for bumiputera.

This post has been edited by Ramjade: Nov 24 2015, 03:44 PM

hnws talk well fd is still more secure. asnb under mof? just like mbsb under epf? so mbsb not secure?

asnb still ut, tun hnws!

Mbsb not secured because epf can just ignored mbsb and sell their shares. Remember epf does not need to rescue a failing company. It's harder to sell ansb because they have bumiputera funds. I have personally witness somebody's moneyin asx double their original amount just because of the compounding dividends. I damn jelly although just small amount.

Correction. Fixed price UT/fd on steroids there's a reason why asx fp, can be sold out within days of launch. There's a Shiok sendiri feeling that you managed to "hunt" the units. Something cannot get from FD. Also I am lazy to keep chasing FD promos every year. Just dump into ASX FP, end of story. I aren't got time to go banks to bank "exchanging" fresh funds every year.

This post has been edited by Ramjade: Nov 24 2015, 04:43 PM

please STOP discussing ASX/UT.

you're making the topic unnecessarily a mess.

today walk to affin open fd can give free gift..
pen stand & plastic box..

I agree with you, cherroy I sincerely hope you will take the necessary actions. Some members here have been discussing topics not related to FD. I have been reporting the related posts for removal but regret to say no action has been taken.

Ramjade pls confine your reply/comment to FD, there is a dedicated thread for ASX. This is not the first time you discuss something out of topic.

This post has been edited by Ah SiAnG: Nov 24 2015, 06:27 PM

Alright. I will stop posting anything not related to FD. Anyone asked, I replied them via PM. I think that's fair so that it won't be OT?

Yes you should have done this long time ago. Thank you.

cool, any picture for that?
combined with legendary 4.6% rate, its gonna be the best deal in town