But can auto credit to our account upon maturity?

Read tis
http://www.cimbclicks.com.my/form/T&C_eFD_...PA_Campaign.pdf

the cimb wan a.. 3 month later can withdraw or need to put 1 year but only 1st 3 month is 4% there rest is 3.2%?

read the T&Cs.

4% is for 3-month tenure only. upon maturity, renew again to board rate, 3.2%

Bank deposits in Malaysia are growing at their slowest pace in more than a decade as retail funds flee to higher-yielding avenues, weakening banks' buffers against any unforeseen funding needs at a time when the economy is losing steam.

Total deposits at commercial banks rose 4.8 percent in July, the least since September 2002, according to the latest central bank data. Growth is expected to slacken further, with banks offering unattractive interest rates of 3.1 to 4.0 percent per annum. Those rates are barely above the inflation rate of around 3.0. Most Malaysians still prefer property, equities and other investments than deposits, say analysts.

As deposits slow, banks' loans-to-deposits ratio - a measure of their liquidity - crept to a record 89.3 percent at the end of July. Some of the bigger lenders such as Malayan Banking Bhd are currently operating at loan-to-deposit ratios above 85-90 percent, according to analysts. They expect the sector-wide ratio to rise further and liquidity to tighten, even as loan growth in the Southeast Asian country slows due to a weaker economy.

Banks have not been idle. They have been raising interest rates after the central bank increased its overnight policy rate by 25 basis points to 3.25 percent in July last year. Competition has also kicked up a notch ahead of a 2019 deadline to comply with Basel III capital requirements. As banks raise interest rates to attract deposits, net interest margins - or the difference between what banks pay on deposits and receive for loans - will suffer, analysts warn.

"We do not discount the possibility of these banks paying up (raising rates) for deposits, and this would be negative even for banks with more liquid balance sheets, as these banks would likely need to pay up for deposits as well, in order to defend their market share," an analyst with RHB, a Kuala Lumpur-based bank, told Reuters.

But can auto credit to our account upon maturity?

But can auto credit to our account upon maturity?

Can open via cimbclick? i try to see if there is any package to choose when clicking the FD open account. anyone tried?

But can auto credit to our account upon maturity?

Can open via cimbclick? i try to see if there is any package to choose when clicking the FD open account. anyone tried?

since u always promote cimb efd @ 4% 3mth why not u try the page in cimb clicks?

the cimb wan a.. 3 month later can withdraw or need to put 1 year but only 1st 3 month is 4% there rest is 3.2%?

Since when I promote cimb efd? Planning to put this but if cannot auto-credit and cannot upliftupon maturity, then I put elsewhere. I only promote ambank Truesavers.
Should be able. I myself don't know

1) 4.55% pa for 60 months
2) Campaign Period: 10/09/2015 till 31/10/2015 OR upon reaching RM500 million whichever comes first
3 )Minimum placement: RM10k - Individual, RM20k - Non Individual, RM250k - Wholesale Banking

For FD Am50Plus, the monthly interest must be credited to the Primary account holder's account.

http://www.ambank.com.my/ambank/SiteAssets...onthsTnCEng.pdf

4.4 The Eligible Customer will not be entitled for any interest/profit whatsoever if the Eligible
Customer makes an early withdrawal before the completion of three (3) months from the
date of placement. If the Eligible Customer makes an early withdrawal after completion of
three (3) months from the date of placement, the interest/profit payable will be half (50%) of
the Bank’s contracted rate based on completed months on the principal amount only.

More good news for FD depositors in the future.
http://www.themalaysianinsider.com/malaysi...leeing-deposits

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

But can auto credit to our account upon maturity?

Can open via cimbclick? i try to see if there is any package to choose when clicking the FD open account. anyone tried?

Gift received from HL on the FD placement made last week. 15 mth eff rate 4.26%. 

wow, thermos+botol, it must be a huge amount to get such freebies from that kiamsiap bank

But can auto credit to our account upon maturity?