Received 5.2% return (every 3 mths) from CIMB Callable Klibor. 

So far so good. 

Haiyoo, Unker goat hnwi, that one little bit of money to him. Like drop in the ocean. So what to scared. Poor fag like me ya la scared.

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

I think you don't need to ask which branch. Most important is whether you got the cash to match unker goat's deposit or not. 

CORRECTION!

Effective rate 3.93% p.a. FOR 3 MONTHS!

Time to go APR (effective rates for 12 months)!
oh oh....here we go again....

oh hey, you are back 

Tell me the history. Must learn from the best financial guru

Got direct link or not? Lazy to read 100+ pages.

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)

Hang out too much at the forum.

Study hard

Not as good as ambank Truesavers. Need deposit of min RM500/month - troublesome . Pay bills via ocbc (unless ocbc can stack bills like uobpayonline , then is good. What happen if someone were to pay on the last day of the month? That 1.2% is only applicable for the last day only? ). Need to charge RM500 to a cc. (Sifu Gen-X already showed us the best cc and ocbc is not in the list - will effectively reduce our CB). The most one can get from it is 2.9% (if don't charge cc). Charging rm500 to a useless cc is a very bad idea just to get 1.2%.

Despite ambank Truesavers only giving 2.8% (0.1% lesser than ocbc),  at least no terms and conditions. No minimum amount required. There's no need to topup every month or charge anything. Only drawback is 3x/month ibg/atm withdrawal.

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.

Ambank 4.55% for 5 years. Exceed 4.5% with PIDM. combine with Truesavers for effective rates of >4.55%! Interest paid semi-annually if one is <50 years old and monthly if >50years old.

U shld goes out n social instead of keyboard warrior

Socializing on LYN is free.

Let's not bring ASX into the equation. The question here is maximising returns from this 2 FD if you are above 50. One can use Truesavers to maximise the interest earns. So if mbsb with 4.7% interest given half yearly and added into Truesavers compare with ambank with 4.55% interest given monthly (above 50 years old) and added into Truesavers, which one is able to give a higher returns after 5 years?

For what? Ambank 4.55 and mbsb 4.7 is way higher than affin 3.7%. Why would one want to do that? Are you nuts to give the bank free money?
The thing here is
Mbsb 4.7% 6 monthly interest is deposited into a 2.8% SA
Ambank 4.55% monthly interest is deposited into a 2.8% SA.

We would like to see whether the monthly compounding interest by ambank 4.54% can beat the 6 monthly interest of MBSB or not.

Sorry bro. But we are talking about small amount here say rm10k. With that kind of amount, one cannot put FD. Can only put sa. Me poor fag. Can only give example of rm10k only.

for some, 5 years without pidm could be a risk, it depends on your capital guarantee requirement.

Ladies and gentlemen, boys and girls

MBSB 4.7% + TS 2.8% vs AMB 4.55% +TS 2.8% 
Minimum amount here = RM10k



AMB = AMbank
TS 2.8 = Truesavers
EIR = Effective Interest rates

From here we can see that even with monthly interest, Ambank 4.55% still lose out to MBSB 4.7%.  MBSB is still the champ here.  However notice that the EIR of MBSB only increase 0.30943% while AMB increases by 0.32766% which shows that you could get more money if there is say a FD able to give you 4.7% monthly interest.  .

yygo is right. If we put 1 year FD with the interest, the EIR can go up further.  But that can only be done from 2nd year onwards (Starting amount of RM10k). Unless one starts off with RM100,000. 
I didn't include in the last month interest of TS of the 5th year as I assume the FD will pay the interest at the end of the month. So if we would like to see the last month interest, we need to go another year. I used 2016 as it is easier to count.

By the way, aeiou228 how come your EIR is 5.23% Vs 5.10 while mine is only 5.00943% vs 4.87766%?  Your method is add to principal to get the EIR of 5.23% Vs 5.10%?

This is the first time I am calculating this kind of things. Any mistakes please correct me.

Actually one can squeeze some more. As yygo said, instead of putting in TS, one can put affin bank 3.7% FD once one have rm1000. again we are talking about principal of rm10000.  If one starts off with rm100k, different story.

Another alternative option to bc is to do online IBG transfer 0.11cents per transfer?  Much cheaper than bc. 

I think vip customer no problem. Non vip customer might not be able to enjoy that privilege (into another bank's account) but if put into same bank account, no problem. Just tell the bank worker credit principal + interest into sa upon maturity when placing of FD