Alliance for long term. Hong leong mach for short term. Check first page.

Opening account is a small price to pay. You can just keep rm20 inside the account. If you have no time to go to banks every year, just taruh long term FD. Ambank 2 years at 4.6% is good deal.

Now you know how banks earned money. Same tenure. Different rates between board rates and promo rates.

Withdraw in cash. You have 3 options
a) come back few hours later
b) come back few hours later and go to different counter
c) go to another branch

This post has been edited by Ramjade: Nov 27 2015, 11:11 PM

Wear like poor people, Japanese slippers, oldest shirts and pants you got. Ride a kapcai. Bring a old bag. No one will bother you. Those who wear "blink-blink" are those eye catching people.

Another way is withdraw to your account, then IBFT (make use of the free IBFT) to another bank, bring back banker's cheque from the other bank.

This post has been edited by Ramjade: Nov 28 2015, 01:56 AM

Highest is maybank Islamic efd 3.25% (needs min rm5k)
Second one is ambank Islamic efd 3.15% (needs min rm1k)

Isn't cimb offer 3.7% efd 1 month for preferred customer?

From people here who scold me about cimb preferred last time

Those with cimb preferred cam make full use of it if they didn't know.

If you meet the same worker how? Will it be approved? If not approve, then what's the next step?

Not if it is different worker or different branch

Actually I did ask a HL worker before if I withdraw cash, and put as fresh fund in the spot can or not? They told me no. Said something about system will know. Although I have no idea how the system will know.

Mine was about 4 years back. They never even said anything about adding few dollars. Anyway I gave up HL (walking distance to my house) for affin bank (10 minutes drive) when I discovered this forum. Cannot tahan with their extremely low rates.

Which cimb gives monthly interest?

This post has been edited by Ramjade: Nov 29 2015, 08:39 AM

Too many promo. Can't keep track on all of them.

This post has been edited by Ramjade: Nov 29 2015, 09:14 AM

Ambank will give you half yearly interest.

If monthly can get that amount, 1 year = RM25452. 25452/100000 x 100% = 25.452% returns
I sure want la like that. Anyway, no banks are going to give that high. They will die first. The highest they went was about 10% during 1998

This post has been edited by Ramjade: Nov 30 2015, 06:19 PM

Put 1 month eFD first. Don't waste money by letting it sit and not generating returns.

They cannot compete with affin?

After 3 months, tutup account and bring your money elsewhere.

This post has been edited by Ramjade: Dec 2 2015, 12:44 PM

No one here leaves their FD to roll over to board rates. I believed most here will straight remove their money on maturity date and find another bank with higher interest. Hence the musical chairs. You stop only when you find banks with high rates.
The idea of this forum is all of Malaysian's promo rates FD are compile in one place so you do not need to go from banks to banks asking what is their rates. Simply pick the bank you like/bank with the highest interest and move your money there. After a certain period of time, move your money again. I didn't know about promo rates then, place at board rates and let it roll over.


Why settle for less when you can settle for more? I will stop here.

This post has been edited by Ramjade: Dec 2 2015, 08:32 PM