I believe it is amanah sayam passbook... Fast money die faster...haha...

Non bumi also have our own kang tao , example callable item from one of the forumer said 5.2% he get , i dont know whether it is per annum or per quarter

Mine on 27th. The half yearly interests, are they still inside your FD or you have withdrawn them?

Mine on 27th. The half yearly interests, are they still inside your FD or you have withdrawn them?

Yeah, should be Amanah Saham...

Non-bumi where got Knag Tao..?

Callable cannot guarantee to make money wor...
But Amanh Saham for sure guarantee can make money..this is a real Kang Tao..

I did not withdraw the interest but I leave the earned half yearly interest to add to
principal to roll interest again..

Ai.., this low 3.87% effective rate is the bigger pain on my chest lah...

Which promo of OCBC ? There is one 360 days one by OCBC that pay interest on the 6 mths and roll it into the principle. Not that one, eh ?

Yes, I think you are saying it right.

Total tenure is 18 months.
First 6 months paid 3.6% first, then 3.6% interest earned will add
to principal and continue with 4% for the remaining of 12 months.

Effective rate is 3.87%

Interest rate went up 3 months later after I placed this FD during last year...
A pain on my chest that unforgettable...

Thanks!

same boat as you. quite pain to wait for 18 months

Some ppl mentioned tat Putrajaya will issue sukuk next year via BNM Sukuk Simpanan Rakyat
Did anyone receive any news?

Oh, it is a different one. I joined OCBC only this March. Met the leng lui RM which @gsc said no leng lui RM in OCBC PB centre.

Where to buy??

payout 5% like before?

Most likely at selected Banks

No idea

If got similar kangtao , do inform me also ya

U have overlook on BR 4.50% with profit paid monthly

Oh.. obviously gsc has a high demand standard for leng lui...

Ha ha..
Sorry, I forgot about Bank Rakyat...

5 Years FD Comparisons

The Best Return:
(No. 1) MBSB 4.7% with interest paid every 6 months
Pros:
(1) Min FD deposit as low as RM 1K
(2) FD interest can deposit to any depositors' desired bank saving accounts
(3) Banker's check is free for payment of FD interest

Cons:
(1) Insufficient of branches nationwide
(2) No ATM, no online banking
(3) No FD interest will pay during holidays. For example if interest payment date falls on Saturday, then no interest will be paid for Sunday.
(4) FD can only be withdrawn in home branch

(No. 2)Am Bank 4.55% with interest paid monthly if 50 years old and above
Pros:
(1) More branches
(2) Can use True Savers to maximize return
(3) FD can withdraw in any branches nationwide but need to pass thumb print verification.

(No. 3) Bank Rakyat 4.5% (negotiable) with monthly interest
Pros:
(1) FD rate is negotiable if deposit amount is RM 50K and above
(2) So far no annual charge for ATM card
(3) Hampers & gifts, high-tea invitations and etc..
(4) Staffs are polite to customers

Cons:
(1) Less branches & ATM machines
(2) No banker's checks will be issued for FD withdrawals but can use IBG/TT instead. Quite troublesome.
(3) Frequent change of FD interest payment schedules which lead to customer unsatisfactions, complaints and confusions.
(4) FD can only be withdrawn in home branch

(No. 4) BSN 4.5% with interest paid monthly if above 50 years old and FD deposit exceed RM 50K
-- Sorry I am not familiar with BSN. But quite disappointed I have not seen any leng lui staffs honestly speaking



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) Bank Rakyat, without PIDM but guaranteed by The Ministry of Finance
(No. 4) MBSB 4.7% without PIDM, EPF holds more than 60% shares of MBSB

This post has been edited by BoomChaCha: Oct 18 2015, 10:24 PM

thanks for the summary, unkle boom!

You based your benchmark whether they have lenglui or not?