2 separate fd promo, similarly but not same?

hmm I heard mbb published heavily on newspaper too. same rate as published.

= interest every 6 months

This post has been edited by cybpsych: Oct 6 2015, 10:33 PM

the one you attached also GIA and step-up wor. what are the differences leh?

orite gonna visit mbb soon

since it's from Maybank, i think still acceptable for the slightly higher risk.

the campaign target is RM3bil, may increase to RM5bil if the campaign is successful. they have RM3bil stake to achieve capital preservation and steady returns.

just a noobie view.

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

read the T&Cs.

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

FD/IFD-i Countdown 3 [ MBB | T&Cs (Conventional) | T&Cs (Islamic) ]
5 October 2015 - 31 October 2015

Deposit now for greater returns on your 3-month Fixed Deposit. This offer is applicable for fresh fund placements made over the counter at any Maybank and Maybank Islamic Branches in Malaysia.

3 months Step-up
1st and 2nd month @ 3.60% p.a.
3rd month @ 4.60% p.a.

Effective rate 3.93% p.a.

rate for rate, sure not attractive.

it's the other deciding factors, e.g. i wont go for cimb's because i dont have any CASA there to utilize eFD. but i can easily go for mbb.

that is flyer. my post is published info in website.

Ambank: I AmBanking on Great Rates - Special rates for greater returns
T&Cs (EN) | T&Cs (BM)

Ambank: I AmBanking on Great Rates - 1month
T&Cs (EN) | T&Cs (BM)

Ambank: I AmBanking on Great Rates - Fixed returns for long-term tenure
T&Cs (EN) | T&Cs (BM)

placed some kuaci amount to MBB 12mth GIA (eff rate 4.50%pa)

counter staff blur. I challenged her to check her facts. even showed her mbb website lol

got the cert. didnt state the rate. but psr 30:70 (bank:customer). if use MBB app, can see the Islamic flexi fd rate at 4%.

interest credit to m2u savers (non Islamic, they said any casa would do)

even the cert will show the instructions. principal to renew, interest credited to casa (monthly)

I'll be monitoring the monthly interest given by MBB GIA-i 4.5%.

4.0% is for 6 months, gonna see if 7th month gives 4.07% and subsequent months with diff rate. would be interesting for month 11 and 12

based on calculation, it seems they are rolling every month for 12 months.

This post has been edited by cybpsych: Oct 10 2015, 10:03 AM

casa monthly

yeah, cuz islamic gia rate is indicative. actual rate will be reviewed periodically only way to know is calculate the actual interest/dividend credited.

yeah, it's averaged out for whole 12 mths tenure

for fun only, i'm interested to know what is the actual dividend (assuming no rate revision) for month1, month2, and so on.

would it be RM37.60 (monthly avg) or varies according to month (table below).

i sendiri kira punya la

just wanna see if it matches with MBB's promo rate


i treat it as monthly rollover. then get the dividend for each month (day count varies).

then, i reverse calculate from dividend, to see if the EIR matches.

with this table, once i gotten the 1st month dividend, i would know the actual EIR.

This post has been edited by cybpsych: Oct 10 2015, 11:55 AM

u gotten your 1st month dividend?

yalor, i syiok sendiri onli la

not interest added to principal. every month, same principal fund, but different rate according to the promo rate.