Ah Boom Ah Sir, have you deposit in BSN before ? I have heard of their service .....................

But saw they advertise in China Press FULL page advert yesterday. Are they trying to get more Chinese customer ? 

Where to buy??

payout 5% like before?

You are deserved to be called Dr. Ram   
Wah.. 

5 Years FD Comparisons

The Best Return:
(No. 1) MBSB 4.7% with interest paid every 6 months
(No. 2) Am Bank 4.55% with interest paid monthly if 50 years old and above
(No. 3) BSN 4.5% with interest paid monthly if above 50 years old and FD deposit exceed RM 50K

The Most Secured:
(No. 1) BSN 4.5%, no PIDM but FD deposit guaranteed by the Malaysian Government. I think this is good for deposit amount larger than RM 250K since PIDM protection limit is RM 250K.
(No. 2) Am Bank 4.55% with PIDM
(No. 3) MBSB 4.7% without PIDM, EPF holds more than 60% shares of MBSB 

turn off the clicking sound in the camera and take lor, share share mah   

Liquidity = ability to withdraw $$$, not similar to IR

No need to think so much. Just taruh. Not everyday you get such good offer.

Ambank is locked for 2 years..if pull out early, get nothing rite?

For mbb giai, can pull anytime and get prorated interest...just some say no guarantee etc

HSBC Advance has come back with their 3months 5% FD, 1st placement only.

[attachmentid=5154725]

https://www.hsbc.com.my/1/2/hsbcadvance/pre...ement-promotion

If you got wife, can open 1 account for her. Then open one joint account. Ta da. 2 account with rm30k. can drag brother/sister/parents.

No. Is not the crappy stuff where you need to deposit xx% into CASA. CASA here is for them to credit interest into. I think it just cost rm20 to open a normal basic account? Of course why opt for basic savings when you can use Truesavers to earn an additional 2.8% on the interest of the FD?

I have 6 separate >RM100k CIMB eFD getting 3.7% (monthly), one of it not even eFD just branch FD but auto renewed to promotional rate ... but somehow the 7th eFD is just normal rate (3.15%). Maybe there is an upper cap?

3.7% monthly? Or annual?

Was in RHB Bank also. The manager told me they are having a SUKUK fund, 3 years, yearly payout 4.5%. Just FYI.

why cannot find the 4.6pa for 2 yr at ambank website?

My average returns from stocks is double digits yearly, FD is just to temporarily keep the money.

cybpsych, guess no one asked me. Well now you mentioned it, I will state it here. Did you see me asking people to pick mbsb because of it's super high rates? Did you see me recommending banks like HLB when there are other banks offering better rates? I don't as I assumed people have access to all banks easily. So if one have easy access, why choose a lower bank over a bank able to give higher rates?

List on how to give banks less money,
- For FD, SA always go for banks with the highest rate at same location or nearby with same duration without complicated T&C
- For loans, go for banks with the lowest effective rates rate. Do not take personal loan just to live a "happy life"
- For CC, go for banks which offer easy to get high CB. Do not pay late and minimal amount.

haur
Again why dump money into normal savings which earn miserable interest while waiting? One can choose a SA which able to give high interest while waiting. Get a few extra bucks while waiting. Is their own fault for decided to keep in negligible interest giving SA as all transactions can be done online via high interest giving SA. Heck even with only Rm1000,  I still keep it in high interet giving SA. At the end of 1 year, more or less I get a free topup from the banks (~rm28).

They can also put in 1 month efd rather than letting it sit and earning 0.01% interest. There are banks which offer min rm1K placement for a month.