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

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xiaohui_214
post Oct 27 2015, 05:27 PM

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i am new for FD, what mean by fresh fund and priority banking?
if i have 20K in my saving account, what is the highly recommend FD plan recommend with the protection from PIDM?

Kindly advise.Thanks.
xiaohui_214
post Oct 28 2015, 11:24 AM

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QUOTE(cybpsych @ Oct 28 2015, 10:51 AM)
which specific promo?

MBB's 3mth is here and 12mth is here

HSBC's is tricky, it's nested inside HSBC Advance
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I saw HSBC have quite high rate compare to other..is it advisable to put FD there if i have fresh fun 20k in your opinion?
xiaohui_214
post Oct 28 2015, 11:27 AM

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QUOTE(Ramjade @ Oct 27 2015, 05:36 PM)
Fresh fund = not money from the bank you want to put FD. Say they want rm10k and you have rm10k in a matured FD. You cannot use this rm10k to put at new promo rates. They want new rm10k. Two ways, give them a new rm10k. tongue.gif or you can do the lowyat forum way. Cash out that matured FD say from bank A to bank B. Goto bank B, get a banker's cheque bring it back to bank A = same money but now counted as fresh. thumbup.gif

Priority banking means vip customer. You have a substantial amount with them. Hence you received "special treatment". Don't hope to get it with rm20k.
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Thanks for your sharing!
If have fresh fun for 20k, which bank package will you highly recommend?
I saw HSBC has quite attractive new promotion, what is your opinion for that? hmm.gif


xiaohui_214
post Oct 28 2015, 02:43 PM

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QUOTE(yygo @ Oct 28 2015, 02:05 PM)
the samsung offer is separate. good deal for the short term fd rate tongue.gif
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so it is a good deal for short term FD compare to other? any special term and condition for apply this?
xiaohui_214
post Oct 29 2015, 10:45 AM

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QUOTE(Ramjade @ Oct 28 2015, 03:01 PM)
If you are going for Samsung phone not worth.
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din look for samsung phone but looking for best rate for fresh fun 20k for short term.
any recommendation?

xiaohui_214
post Oct 29 2015, 10:47 AM

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QUOTE(hwachong @ Oct 28 2015, 09:08 PM)
I placed ambank 4.6% fd with quarterly interest
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got mentioned minimum amount for this? saw the rate is quite high..
xiaohui_214
post Oct 29 2015, 10:52 AM

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QUOTE(ts1 @ Oct 29 2015, 10:48 AM)
6mths 4.15% and 12mths 4.25%

i just placed a bit on 6mths  tongue.gif
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minimum amount is how much? hmm.gif
xiaohui_214
post Oct 29 2015, 10:55 AM

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QUOTE(ts1 @ Oct 29 2015, 10:53 AM)
i think i heard is 10k
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if want find put for 6 months u will choose this? i quite hesitate as market got too much choices make me confuse.. yawn.gif
xiaohui_214
post Oct 29 2015, 10:56 AM

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QUOTE(Ramjade @ Oct 29 2015, 10:54 AM)
RM10k only. How long you want to lock your money? Decide then refer to front page for more info. I think best rate is cimb efd 3 months at 4%
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if for 6 months? i saw got people post is 4.6% at ambank?
xiaohui_214
post Oct 29 2015, 11:02 AM

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QUOTE(ts1 @ Oct 29 2015, 10:56 AM)
u can choose 3mths which are 4%+
if 10k placement mk no much diff also la..all fractional only...most important.convenient for u to do
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yaya, maybe not make much different for the 20k
just confuse coz newbie here ^^
xiaohui_214
post Oct 29 2015, 11:05 AM

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QUOTE(ts1 @ Oct 29 2015, 11:04 AM)
if got cimb click.just try their eFD...sit at hm or office..tsf la
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but the money is fresh fun, i guess need to go counter to do it first right?
xiaohui_214
post Oct 29 2015, 04:15 PM

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QUOTE(ts1 @ Oct 29 2015, 11:42 AM)
this one no need fresh fund
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but the money now in other account so already is fresh fun right?
xiaohui_214
post Oct 29 2015, 04:17 PM

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QUOTE(ts1 @ Oct 29 2015, 11:42 AM)
this one no need fresh fund
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but the money now in other account so already is fresh fun right?
xiaohui_214
post Oct 29 2015, 04:20 PM

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QUOTE(cientoo @ Oct 29 2015, 04:07 PM)
notworthy.gif  notworthy.gif
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