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

1.the 2275 will be credited into your savings account, therefore, no 4.5%p.a interest on your interest.
2.If you quit after 2 years, the bank will deduct your principal before let you go, the bank will never rugi

Welcome back.. Warrior.. 

But for me, I would probably put in EPF account since I can withdraw
anytime..

After deposit to EPF, and if got any extra money, then I will put in one of these 3 options:

(1) Am Bank at 4.55% for 5 years with semi annual interest or monthly interest (with PIDM)
(2) MBSB at 4.7% for 5 years with semi annual interest (no PIDM)
(3) BR at 4.5% (can nego to 4.6% or higher) for 5 years with monthly interest (no PIDM)
Ya lah..
Need to think of it very carefully for at least 3 times before commit for 5 years...
Anyway, time is passing fast lah...

Already decided not to go for the ambank 5 years promo..dad felt 5 years tenure is too long..despite having 12 months FD with ambank rolling over for decades....

Not considering HL 4.26%, AmBank 4.2%, even MBB GIA-i 4.5% ? 

Affin kena beat liao.  Need high amount to get high interest.  Interest also not as high as Truesavers. Not worth.

Uncle boom also using Truesavers now.

I use the bank which can give the me the best interest while saving money so can put fd.

If another bank can come out with rates which beat ambank, I will not hesitate to jump ship. My loyalty is with my money. 

bro idealistic!  why not mau 6 month 5% plus all you ask above.  

I think best is 5 months the at 4% or take the cimb efd 3 months at 4%. After that sure got another promo. Effective rates maybe more than 4% after 6 months if you go that way (compounding interest-just make sure you put interest together with the principal into the new Fd, upon maturity)

MBB 4.5% is if you keep until maturity. If you don't keep until maturity, you don't get 4.5% same goes for ambank 4.55% cause if you remove early, banks sure will deduct your principal.

For ambank Truesavers,  keep in mind of the 3x IBG/ATM withdrawal limit/month. Other than that good choice.

I guess most of us here are younger than 50

obviously MBSB is the one to go

No, I never come across such interest payment policy yet from all the banks I dealt with. Which bank are you referring to?

never have had this problem. tell us more, tell us more .............

If you are ref to CIMB , yes they are pretty ridiculous in calculating weekend interest. They will cheat you of 1 day, confirmed, which is why I always make sure my FD maturity doesnt fall on a weekend / long holidays

So maybank have the best rate of 4.55% right now for 12months FD - 10k eh?

Feel like locking in Ambank's 60months 4.55%.....

Anyone can confirm my above line?

I want to withdraw 4.55% 5 years.. and change to 4.6% for 2 years.. 

Just called to Am Bank again, I can only go tomorrow to uplift the FD because Am Bank
needs 2 days for the check clearance.

I think I should go to change lah even will lose 2 days interest
Thanks Bro for the update news.. 

MBSB 4.5% for 18 months, interest payout upon FD maturity is out already...

Am Bank 2 years 4.6% promo is available in all branches.

I think 5 years 4.55% is not moving well, that's why suddenly Am Bank
executes "Plan B" to come out with unbeatable 2 years 4.6% promo..