the previous ocbc 13mth 4.2% p.a. has max RM10mil per account wor.

http://www.ocbc.com.my/assets/pdf/Accounts...ingsDeal_en.pdf

if March 2015, it could be OCBC Hugo Boss pen/Fresh Deal campaign. that one got RM5mil per account max limit.

yes.

and most likely need to create a savings account for interest crediting purposes.

just curious, why not OCBC's 12mth 4.5% pa?

strange, right. it's stated rm5mil max per account.

as general guideline, put in mind that it will be rm5mil max per account lor.... well, unless ur target fund reaching 5mil

my rationale for putting in mbb were:

1) it was a good rate for 12mth tenure .... before all these new FD promos coming out la
2) i kinda prefer the monthly interest crediting. not much, but still a bonus.
3) it's from Maybank, there is some assurance of the bank. If MBB kaput in 12mth, am sure other banks would suffer worse.
4) i was lazy chasing promo, I was transfering from OCBC to MBB.
5) i dont want to keep so many CASA or FD. not like my fund are 6-7 digits big


and finally, i dont like UOB or Ambank and Ambank TrueSavers. that banks are nowhere near me. wont bother with their rates, no matter how attractive it is.

This post has been edited by cybpsych: Nov 5 2015, 05:57 PM

4.5% rate based on remaining principal, right? furthermore, every month you repay the loan, reducing principal.

do u have equal or more fund than HL principal to park in FD? if not, the interest charged by HL will eventually higher than the interest gained from FD.

just my simplistic view la imo, i'd split two funds: one for HL and other for FD (emergency standby).

he's purely think about $ and sen, not other elements.

another batch of useless discussions.

my "profit" in as well. but description shown is different: "GIA DIVIDEND EARNED -0001 xxxxxxxxxxxx"

full 4% p.a. for 31 days (Oct-Nov).

most ppl not comfortable with maybank's GIA-i 4.5% p.a. without guaranteed return of capital & profit, and as well as no PIDM coverage.

i guess this is [Ancient]-XinG- 's concern earlier whereby his/her profit is added into capital.

- Click here for Terms & Conditions (for customers who participate from 11 November 2015 onwards) (PDF format, 49kb)
- Click here for Terms & Conditions (for customers who participated prior to 11 November 2015) (PDF format, 49kb)

sure, u can check ur ocbc fd online

yep, about 4.5k interest after 1 year of placement with ocbc 4.5% p.a.

no issue for me already gotten 1st month's profit liao.

if disaster happen, my peanut fund is less impact than others' 6-7 figure funds

i'm not worried about maybank.

if worried too much, better keep cash under pillow.

OCBC's 4.5% promo came out ~1mth after MBB's

furthermore, my peanut fund was from OCBC, so it's easier to transfer fund to MBB MBB's GIA-i was the best rate back in October

i have existing FD with OCBC (maturing next week), but i will be using it to reduce my OCBC homeloan principal. no more peanuts to play musical chair

already replied u yesterday.

what are the 2 kinds?