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Fixed Deposit Rates In Malaysia V. No.10, Please Read Post #1 & #2
yygo
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Oct 6 2015, 12:08 PM
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QUOTE(BoomChaCha @ Oct 6 2015, 08:29 AM) Am Bank FD Promo (1) 2 months 3.7% - end Nov (2) 5 months 4.0% - end Nov (3) 12 months 4.2% - end Nov (4) 5 years 4.55% with semi annual interest - end Oct All min RM 10k For (3) & (4), 50 years old and above can get monthly interest some one calculated 4.2% yearly interest compounded to 5 years is 4.5% also, rite?
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bbgoat
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Oct 6 2015, 12:13 PM
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QUOTE(Ramjade @ Oct 6 2015, 05:07 AM) Er, unkle goat, didn't you know PNB just recently declare asnb "national intereet". I play only ASX FP. If Unker scared, Unker can always play ASX FP, for one month. Put in 1 month before dividend declare (say date of supposed declare = 1/4/2016) Put in no later than 1/3/2016. In one month time dividend profit of 6.X%. After that just leave rm100 inside there. Withdraw the rest out. Tun, did you sense that I am scared ?? If you are a real student, which I doubt, you better go and do more study first. Ha ha ha. You have been spending too much time in forums !!
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bbgoat
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Oct 6 2015, 12:17 PM
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QUOTE(cherroy @ Oct 6 2015, 09:37 AM) Mine one already being recalled prematurely by the bank. This is the disadvantage of invested into "callable" product. Actually I was hoping that they would recall mine also ! 10 years and now about 3 years passed only. The previous one with return of 5.6% (I think) was recalled after 1 year plus. QUOTE(KTCY @ Oct 6 2015, 11:53 AM) Noob here. How this work? Saw from the web min 65k and add up 5k in future? Care to explain? It is not an FD so I should not spent too much time in here on it. It was discussed few times here in previous versions. There is a risk as well that you may not get any interest (hearing someone saying, you no scare meh ). This post has been edited by bbgoat: Oct 6 2015, 12:18 PM
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Ramjade
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Oct 6 2015, 12:26 PM
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QUOTE(bbgoat @ Oct 6 2015, 12:13 PM) Like I said, Unker not scared what. The amount is like a drop in the ocean for Unker goat. Actually you are right. I spend too much time in LYN forum. Already said student. But up to Unker want to believe or not. This post has been edited by Ramjade: Oct 6 2015, 12:27 PM
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KTCY
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Oct 6 2015, 12:47 PM
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QUOTE(bbgoat @ Oct 6 2015, 12:17 PM) Actually I was hoping that they would recall mine also ! 10 years and now about 3 years passed only. The previous one with return of 5.6% (I think) was recalled after 1 year plus. It is not an FD so I should not spent too much time in here on it. It was discussed few times here in previous versions. There is a risk as well that you may not get any interest (hearing someone saying, you no scare meh ). Lol. Investment always come with a risk. I'm fine with it..tell me more lol.
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Human Nature
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Oct 6 2015, 12:50 PM
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QUOTE(BoomChaCha @ Oct 6 2015, 08:29 AM) Am Bank FD Promo (4) 5 years 4.55% with semi annual interest - end Oct For (3) & (4), 50 years old and above can get monthly interest 5 years 4.55% + monthly interest means we can uplift anytime with very minimal loss on the interest (the most lose 1 month). This is better than SCB 4.5% promo! If only 1 joint account holder is above 50 years old, still can get monthly interest? This post has been edited by Human Nature: Oct 6 2015, 12:50 PM
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Ramjade
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Oct 6 2015, 12:51 PM
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QUOTE(Human Nature @ Oct 6 2015, 12:50 PM) 5 years 4.55% + monthly interest means we can uplift anytime with very minimal loss on the interest (the most lose 1 month). This is better than SCB 4.5% promo! If only 1 joint account holder is above 50 years old, still can get monthly interest? Like that sure bank will deduct your principal.
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Human Nature
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Oct 6 2015, 12:52 PM
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QUOTE(Ramjade @ Oct 6 2015, 12:51 PM) Like that sure bank will deduct your principal. Unless there is a term specifying so
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Ramjade
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Oct 6 2015, 12:54 PM
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QUOTE(BoomChaCha @ Oct 6 2015, 08:29 AM) Am Bank FD Promo (1) 2 months 3.7% - end Nov (2) 5 months 4.0% - end Nov (3) 12 months 4.2% - end Nov (4) 5 years 4.55% with semi annual interest - end Oct All min RM 10k For (3) & (4), 50 years old and above can get monthly interest Is the 5 years one for priority customer the rates?
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Ramjade
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Oct 6 2015, 12:57 PM
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QUOTE(Human Nature @ Oct 6 2015, 12:52 PM) Unless there is a term specifying so Banks will not let you win. Sure got some way for them to cover their loss. Like that people remove after 1 year, sure rugi. FDs are liabilities to banks.
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Human Nature
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Oct 6 2015, 12:59 PM
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QUOTE(Ramjade @ Oct 6 2015, 12:57 PM) Banks will not let you win. Sure got some way for them to cover their loss. Like that people remove after 1 year, sure rugi. FDs are liabilities to banks. let me try to email CS for the T&C..will share here if they reply
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wil-i-am
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Oct 6 2015, 01:09 PM
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QUOTE(Ramjade @ Oct 6 2015, 12:54 PM) Is the 5 years one for priority customer the rates? Nope as it open to all
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wil-i-am
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Oct 6 2015, 01:16 PM
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QUOTE(Human Nature @ Oct 6 2015, 12:50 PM) If only 1 joint account holder is above 50 years old, still can get monthly interest? Yes
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bbgoat
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Oct 6 2015, 01:29 PM
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QUOTE(BoomChaCha @ Oct 6 2015, 08:29 AM) Am Bank FD Promo (1) 2 months 3.7% - end Nov (2) 5 months 4.0% - end Nov (3) 12 months 4.2% - end Nov (4) 5 years 4.55% with semi annual interest - end Oct All min RM 10k For (3) & (4), 50 years old and above can get monthly interest Last week Thursday when I placed for the AmBank 12 mth 4.2%, the 5 yr 4.55% was not announced yet. Last Dec to Jan 2015 I have already placed for their 3 years 4.5% FD. Wonder if I should lock in for the 5 years one. So far do not have 5 yrs one. This post has been edited by bbgoat: Oct 6 2015, 02:58 PM
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mohdyusof
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Oct 6 2015, 02:56 PM
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Getting Started
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QUOTE(Ramjade @ Oct 6 2015, 12:26 PM) Actually you are right. I spend too much time in LYN forum. Already said student. But up to Unker want to believe or not. kawan, rajin belajar lah! Nanti guru marah!
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Vincent9696
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Oct 6 2015, 04:37 PM
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QUOTE(bbgoat @ Oct 6 2015, 08:31 AM) Received 5.2% return (every 3 mths) from CIMB Callable Klibor. So far so good. Wow , not bad...
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[Ancient]-XinG-
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Oct 6 2015, 04:41 PM
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I asked the mbb gia thing already. The assistant manager say capital guarantee LOL!
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bbgoat
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Oct 6 2015, 05:31 PM
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QUOTE(Ancient-XinG- @ Oct 6 2015, 04:41 PM) I asked the mbb gia thing already. The assistant manager say capital guarantee LOL! I did mention that one of the branch told me capital guaranteed by MBB. But another branch's manager told me it is not. Anyway it shows how diff branch sometimes interpret promotions differently. They have a 4 or 5 page "internal use only" document and some MBB staff may interpret it differently. I showed one page 2 days ago. This post has been edited by bbgoat: Oct 6 2015, 05:33 PM
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pisces88
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Oct 6 2015, 05:58 PM
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QUOTE(cklimm @ Oct 5 2015, 09:55 PM) cool, and i just back from OCBC, claimed my Hugo Boss Pen for FD promo in july [attachmentid=5067438] the box [attachmentid=5067439] opening [attachmentid=5067443] warranty card and stuffs nice. waiting them to call me
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wil-i-am
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Oct 6 2015, 07:19 PM
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QUOTE(bbgoat @ Oct 6 2015, 05:31 PM) I did mention that one of the branch told me capital guaranteed by MBB. But another branch's manager told me it is not. Anyway it shows how diff branch sometimes interpret promotions differently. They have a 4 or 5 page "internal use only" document and some MBB staff may interpret it differently. I showed one page 2 days ago. The principal r not guarantee http://www.maybank2u.com.my/WebBank/giai300915_PDSterm.pdf
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