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 Fixed Deposit Rates In Malaysia V. No.10, Please Read Post #1 & #2

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michaelho
post Oct 16 2015, 01:30 AM

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QUOTE(cklimm @ Oct 15 2015, 07:01 PM)
Back to the topic,
Bank Muamalat is having 3 month and 6 months Fixed Term Account-I (FTA-i) promo at 3.95% and 4.1% p.a respectively, minimum Fresh Fund: RM 5,000,000 (not kidding)

If you have no RM5,000,000, you can take their 6 month step up promo at effective rate of 3.95%p.a

[attachmentid=5131042]

T/C
http://www.muamalat.com.my/downloads/Wang_...r_2_English.pdf

PIDM register
http://www.muamalat.com.my/downloads/consu...10-july2015.pdf
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put Ambank 4.5%, assuming one is >50 years old , rm18750 per month whistling.gif
michaelho
post Oct 16 2015, 09:12 PM

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QUOTE(lowya @ Oct 16 2015, 07:48 PM)
PM u already. Not sure i should share it here, later they say they didnt break any BNM rules.
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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

michaelho
post Oct 19 2015, 09:25 PM

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QUOTE(BoomChaCha @ Oct 19 2015, 09:48 PM)
doh.gif

These 2 leng lui were in inside BSN lobby wor..? How to take picture..?
If I did it, BSN might think I was sent as a spy to take the bank picture before
to rob the bank, then how..?  sad.gif

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turn off the clicking sound in the camera and take lor, share share mah tongue.gif tongue.gif
michaelho
post Oct 27 2015, 03:30 PM

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QUOTE(Ramjade @ Oct 27 2015, 04:12 PM)
Nope no good. Cause by putting in normal savings account, one is not getting the real effective rates. Your effective rates is drastically reduced. That's why we don't talk about this kind of CASA - FD here. mad.gif vmad.gif
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but to those who have Junior account (2.95%pa) with HLB, can consider because 6.88% is really a lot. But sadly Aman Suria is too far for me sad.gif

This post has been edited by michaelho: Oct 27 2015, 03:34 PM
michaelho
post Oct 30 2015, 12:29 AM

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QUOTE(Ramjade @ Oct 27 2015, 05:49 PM)
You count the effective rates. It will be less than what their competitor give.
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do u have the details of the promo? I called Aman Suria no answer .

This post has been edited by michaelho: Oct 30 2015, 12:38 AM
michaelho
post Oct 30 2015, 12:37 AM

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QUOTE(hwachong @ Oct 28 2015, 10:08 PM)
I placed ambank 4.6% fd with quarterly interest
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that's great. I thought only upon maturity. This is the only time I wished I am 50years old tongue.gif

This post has been edited by michaelho: Oct 30 2015, 12:38 AM
michaelho
post Nov 4 2015, 04:41 PM

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with all the crazy rates like that, I opt for lower tenure 3 months CIMB 4.25% (subject to approval ). Still smarting over the 4.12% 36 months with Ambank I put in 2014 tongue.gif
michaelho
post Nov 4 2015, 04:57 PM

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QUOTE(mohdyusof @ Nov 4 2015, 05:53 PM)
cimb 3 months 4.25%? i tot 4.1% only. for pb only?
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yeah, pending approval
michaelho
post Nov 4 2015, 05:54 PM

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QUOTE(mohdyusof @ Nov 4 2015, 05:59 PM)
tq
pure fd & only pb member only?
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yeah pure FD and for PB


QUOTE(sandkoh @ Nov 4 2015, 06:42 PM)
3 months 4.25%? that will be the best for 3 months fd.
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will update here if I manage to get it smile.gif
michaelho
post Nov 4 2015, 06:36 PM

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QUOTE(Gen-X @ Nov 4 2015, 07:26 PM)
Ah SiAnG - I updated my Fixed Deposit Page at my blog yesterday and just to share with all (what is not covered in your fantastic systematic easy to read Post#1&2):

1) A reader of mine message me at Facebook that Maybank is having 2 moths FD Promo - 1st Month 3.8% and 2nd Month 4% and minimum Fresh Fund over the counter RM25K. I called my Maybank RM to reconfirm and she further confirm that the promo valid until end of Nov 2015.

2) Affin back is willing to offer me 4.2% for 12 months for my soon to be maturing FD with them.  Therefore I no need go waste time transferring the funds here and there. Those of you who are new to this thread or my blog, many people including myself have always advised those who want higher interest rates to go talk to the Branch/Service/Operation/Relationship Manager.

3) As for UOB, once again if you are new to this thread and my blog, UOB have this thing called "Retention FD rates" where they will offer you slightly lower interest rates compared to their current FD Promo. Therefore, also saves one the time to transfer money here and there. However, in order to be eligible for the "Retention Rates" - make sure you talk to your RM before the FD matures and not after and ask him/her to backdate. This ""Retention FD rates" is good for me as I can give my RM instructions to renew my maturing FD before I fly off.

4) My Maybank RM really good, no need Fresh Fund to enjoy Promo FD rates, she will allow me to "roll over" my maturing Promo FD on the spot into their latest FD Promo thumbup.gif  thumbup.gif  thumbup.gif
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2) Boss, why 4.2% 12 months in Affin when you can get 4.5% for 12 months in Ambank?
michaelho
post Nov 4 2015, 09:17 PM

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QUOTE(Ah SiAnG @ Nov 4 2015, 08:13 PM)
Thanks for informing Captain Gen-X  rclxms.gif  Have updated Post #1 & #2
Ambank do offer 4.5%p.a. for 12 months now?

Their website still mention 4.2%p.a. for 12 months  unsure.gif
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QUOTE(bbgoat @ Nov 4 2015, 09:20 PM)
UOB offered 4.1% for matured FD which my relative did not accept. Myself also pulled out the matured FD and went for CIMB 12 month 4.35%.  rclxms.gif
AmBank have 2 years 4.6% and 6 months 4.25% FD promo. No 12 months 4.5%.  hmm.gif
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I must have mistaken it for MBB 12months 4.5% then. Thought I saw it somewhere....pengsan la, too many promo rclxub.gif rclxub.gif rclxub.gif

This post has been edited by michaelho: Nov 4 2015, 09:18 PM
michaelho
post Nov 4 2015, 09:21 PM

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QUOTE(bbgoat @ Nov 4 2015, 10:19 PM)
MBB 12 mth 4.5%, but it is NOT FD, GIA-i acct. No guarantee on principal and return !! biggrin.gif

I have some eggs there.  biggrin.gif
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you really fat goat hor... eggs everywhere...lol rclxms.gif rclxms.gif
michaelho
post Nov 5 2015, 05:45 PM

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soli, double post.

This post has been edited by michaelho: Nov 5 2015, 05:46 PM
michaelho
post Nov 5 2015, 05:45 PM

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QUOTE(bbgoat @ Nov 5 2015, 09:12 AM)
OK, checked MBB online. The "profit" is in, shown as "Credit FD Int". I calculated the amt given, it is 4%, as declared for first 6 mths.  rclxms.gif Calculated for 31 days for/over Oct month.  nod.gif

Maybe others can check theirs later.  biggrin.gif

Now looks like can put in more eggs there !  rclxm9.gif
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Goat gorgor, will follow your lead and go for 4.5% MBB 12 months tomorrow. Will opt out of CIMB 3months because 6 Feb 2016 is weekend and then followed by CNY holidays . I know they will 'cheat' me of 1 day interest, I boh song tongue.gif .



michaelho
post Nov 5 2015, 05:50 PM

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QUOTE(cybpsych @ Nov 5 2015, 06:47 PM)
just curious, why not OCBC's 12mth 4.5% pa?
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my place tarak OCBC . I wish to place OCBC too because MBB T&C worries me a little

6. The campaign rates are subject to any Overnight Policy Rate (“OPR”) change during the Campaign
Period.

I read the capital not guaranteed also . hmm.gif


Still think MBB 12mth 4.5% or 2 months (effective rates 3.8%), if 2 mths , expiring in Jan 2016, maybe got good CNY promo hor tongue.gif


This post has been edited by michaelho: Nov 5 2015, 05:52 PM
michaelho
post Nov 6 2015, 09:25 PM

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done FD MBB 4.5% 12 months. Got this as gift. Quite useless though, they give, just take la tongue.gif Attached Image
michaelho
post Nov 6 2015, 09:59 PM

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QUOTE(cklimm @ Nov 6 2015, 10:32 PM)
wow, barometer? clock? compass?
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Photo frame, clock cum compass.


QUOTE(Vincent9696 @ Nov 6 2015, 10:50 PM)
MBB have gave gift??wow...much be big player...
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Not big lar, I very thick-skinned. I ask for gift.
michaelho
post Nov 25 2015, 06:42 PM

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managed 4.25 % for 3 months at CIMB (subject to approval) today

This post has been edited by michaelho: Nov 25 2015, 06:44 PM


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michaelho
post Dec 4 2015, 02:22 PM

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QUOTE(Ramjade @ Dec 3 2015, 08:55 PM)
Chinaman bank. Still so kiamsap. Other people already offering 4.6% for 15 months, they come out with 4.26% for 15 months.  doh.gif
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dude, HLB was the one of the best (if not the best) with 5% on its Junior FD about 5-6 years ago but I think you weren't born yet . Maybe they are cash rich now and doesnt need deposits . Just so you know tongue.gif



Btw folks, RM just texted me this morning MBB Gia no more. But someone still managed to place this morning?

This post has been edited by michaelho: Dec 4 2015, 02:24 PM

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