I wud opined BNM will maintain rate up to Q2/2016

so rhb 3 month 4.2% suitable fd for now

i think bnm will raise opr on jan 2016 meeting.

SAVINGS FOR WHEELS Deposit Promotion [ HLB | T&Cs (EN) | T&Cs (BM) | T&Cs (CN) ]
1 Dec 2015 - 29 Feb 2016

The Promotion is open to all Malaysian individual and non-individual customers who are new and existing Primary Accountholders of the following valid participating HLB / HLISB Current or Savings Account (“CASA / CASA-i”) and Fixed Deposit (“FD Accounts”); Connect Online Banking Users (“Connect”); Business Online Banking Users (“ConnectBiz”) and HLB / HLISB Debit Cardholders (collectively referred to as “Customers”).

hopefully the OPR will increase soon ....

waiting for 5% interests.

When they say just deposit rm200, means go in and can go out without any locking ?

Or need to earmark to get the gifts ?

read the T&Cs. there's a specific section for FD

Lets c who is correct

Thank you, will call them up on Monday to confirm b4 collecting my matured FD from AmBank ( since there is no promotion at AmBank ).

will increase soon. 5%? not yet so soon

lets c.

Hi I'm keen to take up a FD account. This will be my first ever.

Would like to confirm, the HSBC Advance FD requires me to open a HSBC Advance Account together with the FD right? Which means two accounts instead of just the FD account which would be the norm for the other banks is that correct?

You need to deposit RM10 to open Advance Account. Then proceed to open FD.
But I just realised in my HSBC FD slip, it's stated
Start date 27 Nov 15
Maturity date 29 Feb 16
Term 3 months

Does that mean HSBC doesn't pay interest on non-working days?

This post has been edited by starry: Dec 4 2015, 11:04 PM

Thanks for your reply, ??!!.

It is good for you, that you maintain the balance of your Affin saving account close to RM 1.

My Affin saving account is called Basic Savings Account (Option 1). From Affin Basic Savings Account website, minimum balance (to be maintained) is RM 10.

If I perform fund transfer via Affin Online, I cannot reduce the balance of the saving account, below RM 10. Too bad, near zero interest rate will always be given to that RM 10.

Not really sure myself but this is what I understand.
From http://www.hsbc.com.my/1/2/hsbcadvance/overview, it says there's a RM10 monthly fee if TRB isn't met which is a minimum of 30k in the account.

Interest is given on every day during the FD tenure including non-working day.
Your 3 month FD placement which is supposedly due on 27 Feb 16 (Sat, non working day) is move to the next business day 29 Feb 16 on purpose.

This is to allow customers is they should to close their FD immediately without any loss of interest.

Check with AmBank on promo, if any b4 u exit

Thank you, will check with the officer when I am there on Monday.

This actually means they pay interest on non working days AFTER FD matured. They moved the maturity date from Feb 27 to Feb 29. This is the practice of banks that pay the interest after FD matured to working day.

I was in Affin last Monday to place the 4.6% FD. I asked about the minimum balance, the staff said depends on the type of SA we have. BSA, senior etc.

Checked MBB acct. The GIA-i paid shown as "CREDIT FD INT" excetly 4% interest as expected.

Maybank FD Countdown 1 [ MBB | T&Cs ]

Enjoy awesome rates with a minimum fresh deposit of RM25,000 for Individual customers or RM50,000 for SME/Business Banking customers in a single certificate on our 1 month Fixed Deposit.

Offer is open to Maybank customers and is applicable for Conventional Fixed Deposit placement of fresh funds made over the counter only at any Maybank branch in Malaysia. The campaign is valid from now till 31st Dec 2015 or upon reaching the overall limit, whichever is earlier. *Should there be an Overnight Policy Rate change, the offer rates may be revised.

Campaign Rates are as follows:

Tenure	Campaign Rates (%p.a)	Prevailing Board Rate (%p.a)
1 month	3.60	3.15

*Should there be any Overnight Policy Rate (OPR) change; the offer rates may be revised.