No what I meant is are you getting lesser interst rates for it? Cause for me, only maybank Islamic efd can give me 3.25% for 1 month placement. All other efd give me 3.15%. So for me name only different. As long as can give better rates, I go for it

Tell me the history. Must learn from the best financial guru

Got direct link or not? Lazy to read 100+ pages.

People say can. Me only can put 1.

Sorry. Have no idea how to double quote.

After pressing quote, and if I click reply from another person's reply, the quote will not appear? Only the post which I want to reply will appear.

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%

Yes. Can Max RM60k/year

Not worth. Few post back already showed better put fd. After 6 months if put fd, the interst gained is more than enough for the galaxy. Still got left over if put FD.

For what? Unless you want to give bank free money or unless you put at board rates. There will be continous promo as banks are short on cash

Read first and second page then you decided yourself. Still blur then only ask. No spoon feeding.

Hang out too much at the forum.

If you are >= 50 years old, better go for ambank 4.55% which can pay you interest every month. If less than 50, you get interst every 6 months.

Keep in mind that maybank 4.5 is neither capital or returns guaranteed.

total x 0.0325 x (number of days /365)

Ambank 4.55% for 5 years. Monthly interest will be given. for those above >50 years You can use in combination with ambank Truesavers 2.8% account to boost the effective interest rate that you received. At the end of 5 years, your effective interest rates will be more than 4.55%

Already mentioned few post back. By using ambank Truesavers for the monthly interest I am very sure effective interst rate is 4.6+. Very good deal if one is above 50.

Banks will not let you go just like that. Sure deduct your principal

That's only for priority customer right? Cause last time h, cimb, charges me Rm5+ for one BC.

Not as good as ambank Truesavers. Need deposit of min RM500/month - troublesome . Pay bills via ocbc (unless ocbc can stack bills like uobpayonline , then is good. What happen if someone were to pay on the last day of the month? That 1.2% is only applicable for the last day only? ). Need to charge RM500 to a cc. (Sifu Gen-X already showed us the best cc and ocbc is not in the list - will effectively reduce our CB). The most one can get from it is 2.9% (if don't charge cc). Charging rm500 to a useless cc is a very bad idea just to get 1.2%.

Despite ambank Truesavers only giving 2.8% (0.1% lesser than ocbc), at least no terms and conditions. No minimum amount required. There's no need to topup every month or charge anything. Only drawback is 3x/month ibg/atm withdrawal.

Nope. I support banks which are not complicated and easy to achieve the interest. Used to big supporter of m2savers until Truesavers appeared. m2savers now is antique. Giving miserable rate of 2.25% and need >=rm2000 to "activate" the 2.25% interest. Again, why want would you want to give bank free lunch of 0.55%? I am not a Bank-generous-customer.

If ambank appoint me ambassador, how nice. Sit at home goyang kaki, money masuk account.

This post has been edited by Ramjade: Oct 12 2015, 09:15 PM