Like it. I have big cash here. You want it, you give me extra rates. Or else I bring my money elsewhere. No bargaining!

All banks entertain your threats?

This post has been edited by Ramjade: Oct 15 2015, 08:02 AM

i wasn't threatening enough

what if we put in ambank 6 figure fd and monthly interest put into affin getting 3.7% 12 month interest? even higher return from 2.85% sa.

For what? Ambank 4.55 and mbsb 4.7 is way higher than affin 3.7%. Why would one want to do that? Are you nuts to give the bank free money?
The thing here is
Mbsb 4.7% 6 monthly interest is deposited into a 2.8% SA
Ambank 4.55% monthly interest is deposited into a 2.8% SA.

We would like to see whether the monthly compounding interest by ambank 4.55% can beat the 6 monthly interest of MBSB or not at the end of 5 years. Assuming that interest credited into Truesavers will not be removed for 5 years. Who will win?

This post has been edited by Ramjade: Oct 15 2015, 09:07 AM

tun calling names? you are the nuts by not reading carefully!

i am saying put the monthly interest from ambank into affin 12 month fd for 3.7%, more than ambank 2.85%.for 100k money.

tun, please see see again.

This post has been edited by yygo: Oct 15 2015, 09:40 AM

Respect la Tun...

Sorry bro. But we are talking about small amount here say rm10k. With that kind of amount, one cannot put FD. Can only put sa. Me poor fag. Can only give example of rm10k only.

This post has been edited by Ramjade: Oct 15 2015, 09:20 AM

for some, 5 years without pidm could be a risk, it depends on your capital guarantee requirement.

each of us look at things not the same way. @guy3288 look at 1mil then say 4.7% better.

also some can take risk, no pidm can also while some others insist pidm.

that's the reason why aeiou228 didnt bother to calculate the interest re-investment.

One could either use it, deposit to CASA or reinvest back to FD.

if you put fd for 5 years, and expect to get interest in monthly/half-yearly, why would he/she want to put the interest into TrueSavers and lock it down for 5 years?

If this happens, he/she would just take the interest out and put FD/eFD instead ... or just is it for normal day-2-day use.


different ppl, different requirements.


since aeiou228 already started the ball rolling, and you're interested on your calculation, why dont you start calculating for us to refer?

cause if say the amount is small (min rm10k), no way one can put the interest into efd. Efd requires min rm1k.

I am not sure how to calculate.

This post has been edited by Ramjade: Oct 15 2015, 09:59 AM

bro, u r becoming like unker dreamer d. repeating the same thing a bit to often. I suggest to put in your signature 'don't give back free money'. lol

Must drill into people’s mind not to give free lunch to bank ma. If lesser people give free lunch to bank, those banks who get free lunch all this while have to work harder for our money.

Need to continue writing. If put signature, no one will read. Then banks will continue to have free lunch and we get not so good rates.

All banks have target. Target not good, need to find more customers.

This post has been edited by Ramjade: Oct 15 2015, 01:35 PM

Like unker Gen-X keep repeating Maybank 2 premier is the best credit card.
Like unker dreamer keep repeating must move fund overseas, msia is doom.
Like tun ramjade keep repeating must open Ambank 2.8% CASA.

Nope. If suddenly cimb come out with 3% sa with uncomplicated t&c, I will tell you guys to open it instead.

Correct your sentence to

i believe the logic should be, we need ppl to give free lunch to bank... else there will be less banks to offer me 4%+ FD rate p.a.

bank earn money from them... at the same time come up with PROMO fd which lowers their margin, to earn money from ppl who seeks for the promo...

Not really. If more people give free lunch, for what the bank want to give you? Better the bank keep for themselves. They will give you just enough.

Now if no one's giving the bank free lunch, banks become hungry. So they give us better rates so we place with them. Remember, no money how to operate? So no money no talk.

Say a bank's target is rm100k. If they already achieved rm100k, for what they want to be generous and give you better rates? Better the bank keep the excess and give to its shareholders.

Now, if bank haven't reach rm100k yet cause no one want to give them money, by giving better rates, more people will give them money.

This post has been edited by Ramjade: Oct 15 2015, 02:36 PM

this type of argument is moot and time wasting.

Back to the topic,
Bank Muamalat is having 3 month and 6 months Fixed Term Account-I (FTA-i) promo at 3.95% and 4.1% p.a respectively, minimum Fresh Fund: RM 5,000,000 (not kidding)

If you have no RM5,000,000, you can take their 6 month step up promo at effective rate of 3.95%p.a



T/C
http://www.muamalat.com.my/downloads/Wang_...r_2_English.pdf

PIDM register
http://www.muamalat.com.my/downloads/consu...10-july2015.pdf

This post has been edited by cklimm: Oct 15 2015, 06:07 PM

This one really wang besar. I wonder if they're any takers?