No promo rate. Unless you damn rich. Cimb efd can get 3.7 (only for very rich customers)

If not rich but have >=rm5000, choose maybank Islamic efd which give 3.25%

If only have rm1000-rm4999.99 can choose ambank Islamic efd which give 3.15% (minimum amount required is rm1000). There are other banks which allow rm1000 efd for a month. But forgot which bank it was.

sandkoh Must make sure people don't give free money to banks. Banks become richer, common people like us become poorer

This post has been edited by Ramjade: Oct 25 2015, 02:10 PM

ram da man! only when correct info given!

Hey this time I give correct info ok.

This time correct. Thanks for the info
But still no promo rate for 1 month fd

This post has been edited by ohcipala: Oct 25 2015, 02:32 PM

Well 2 months FD promo is the closest.

Cimb e-fd
3 mths 10k 4%

In the end u get rm100 worth of interest

I tot AmBank offers 1m FD @ 3.75%?

You are right. I only saw 2 months for 3.7%. Miss that one out. I am wrong again.

you are this thread fastest gunslinger. shoot first!

need to think first, shoot later!

I don't have rm10k

This post has been edited by ohcipala: Oct 25 2015, 04:36 PM

some bank giving access to airport lounge like citibank.

not sure you are touting being pb of cimb, hlb and mbb. or mentality of sour grapes as some people showed off pb gifts from various banks.

to entitle for ambank 1 month FD, you need 100k.


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anyway, if the amount you have is not big, promo rates doesn't make much difference in terms of quantity

cklimm
Then either you stick with Maybank 3.25% or ambank 3.15 or do like what wil-i-am does. Dump into ASX FP this coming 31st or 1st. Withdraw one month later. Any deposit after the 1st not counted. Must hold until that month ends. Can only withdraw the following month. Good side is no need rm100k can earn 6.X%. Rm1000 also can. 1 month interest of 6.X% but you need to wait ~1 year to get that interest. If you have the book, can do it online. Just pay I think rm1.06 regardless how much is the amount. But to withdraw need to go to bank.

For 1 month efd, better choose those real efd. No need to waste petrol.

This post has been edited by Ramjade: Oct 25 2015, 05:15 PM

Alliance Bank 9 mths @ 4.15% pa
UOB 12 mths @ 4.2% pa
Min 10K, Fresh Funds

Already posted on first page.

the problem is, I am not bumi, i can only buy variable priced funds which charges me 5% upfront

Non bumi also can buy fix price funds. But it's dependent whether there's unit available when you wanna purchase. Lately people (non bumi) have reported to be able to buy fix price fund. Can always hop over to asx thread

Not true. You think I am bumi? Official answer is always full. No quota available. However if you refer to asx thread, there are "places" which have higher chances to open. All you need is just tell them "If got units available, I know can open account. Please try for me". If don't want to try for you, just go to another bank. However you missed the boat. Few months back you can have your pick how much you want to dump in. Now still can but chances have decrease. No harm trying to open. Only rm100 to open what. Don't be greedy by trying to open with rm10k. How do you think I managed to topup? I dont even have any book last time. One fine day, I was at klia2 and decided to try luck. Voila. I managed to open. I moved >50% of my FD inside there during the open season few months back. No need for me to keep chasing FD promo every year.

Btw, the ASX I mentioned above are tax/sc free. You buy and sell at rm1/unit. ASX FP is not FD, but for me is an upgraded version of FD. No tax/sc. Buy and sell at rm1/unit. What more can you ask? Dump it in and wait for dividends to come rolling in.

Refer to ASX thread for more info regarding concerns and etc.

Not sure if anyone asked this before. For the Ambank 2 months FD promo of 3.7%, does the same rate apply if opening via e-FD online instead of going to the branch?

Thanks.