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Fixed Deposit Rates In Malaysia V. No.11, Strictly for FD Discussion Only
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yygo
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Jan 28 2016, 12:51 PM
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QUOTE(hcolin @ Jan 28 2016, 12:42 PM) Just opened an FD at UOB 4.4%p.a Have to open savings account if u dun have one. Account come with IB and ATM card Btw, there is a charge of RM2.60 to issue cheque when withdrawing. They advice to transfer it to your savings account and IB transfer it out. Also note that u will earn a little more interest if u open before 29 Feb coz it is a leap year !!! not true. in fact for leap year, per day interest is div 366 days instead of normal 365 days. interest still count by days. QUOTE(cklimm @ Jan 28 2016, 12:45 PM) after consuming a portion of it, i shall return it to the bank with best rate in Feb   consume part of 1 mil
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yygo
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Jan 28 2016, 01:22 PM
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QUOTE(magika @ Jan 28 2016, 01:20 PM) If not mistaken it is 366/365 not div 366 X x days? if like wat u said, we gain.  unkle magic, which bank u put fd nowadays? This post has been edited by yygo: Jan 28 2016, 01:23 PM
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yygo
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Jan 28 2016, 01:25 PM
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QUOTE(okuribito @ Jan 28 2016, 01:17 PM) Made a deposit at bsn yesterday, the 12m 4.5% deal. This morning recd sms saying Haven't called them to ask wtf that is. Anyone place this fd too? Any idea what this is about? islamic fd will send out this type of sms, for some banks. hl has sent out "u have purchased xxx tons of resin ..............." for their islamic fd before. cool, man.
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yygo
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Jan 28 2016, 01:33 PM
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QUOTE(okuribito @ Jan 28 2016, 01:27 PM) aiseh! 1st time i get this notification even though hv done islamic fd b4 tq onli some banks do that. br never. but hl is one of them.
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yygo
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Jan 28 2016, 06:28 PM
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QUOTE(guy3288 @ Jan 28 2016, 06:21 PM) BSn better choice la. i called up BSN, the 4.75%% is paying monthly. For every million, you lose RM5700 per year. over long term rugi besar oooo 4.18% is very poor rate for big money. bsn 4.75% is 5 years fd rate, rite? ya, mr lim lose out big time if he put in for the 4.18%.
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yygo
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Jan 28 2016, 08:04 PM
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QUOTE(magika @ Jan 28 2016, 01:20 PM) If not mistaken it is 366/365 unkle magic, are u sure bank giving extra money? instead of we not giving free money to bank, they are giving us free money? QUOTE(magika @ Jan 28 2016, 03:42 PM) OCBC n HLB. Also KWSP  wa, unkle also bank in to kwsp.
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yygo
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Jan 28 2016, 08:06 PM
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QUOTE(Nom-el @ Jan 28 2016, 06:54 PM) Hong Leong's Islamic FD effective date only starts after the cheque is cleared, right? I presume the money would be sitting in the CASA before the cheque is cleared. Would Hong Leong give interest for the money in CASA before the cheque is cleared (2 days or longer depending on whether there is any holiday or weekend in between)? In general, if I deposit a cheque into a CASA, would I get interest only after the cheque is cleared or I would get interest from the date I deposit the cheque? no way. u will not get extra interest. the fd effective 2 days later. that is it. nothing to do with casa.
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yygo
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Jan 28 2016, 10:34 PM
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QUOTE(magika @ Jan 28 2016, 09:55 PM) I was looking at the receipt when doing eFD thru Maybank a few days ago. 366/365 is wat i remember seeing. Let me try again just to confirm. Edit: Nope i was wrong its nos of days /366 ya, should b tat way. still div 366 X no of days X int rate. as wat i mentioned before.
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yygo
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Jan 29 2016, 08:34 AM
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QUOTE(cj7lee @ Jan 29 2016, 08:16 AM) Now the BSN 5 years FD is the best in the market, interest rate 4.75% p.a. and monthly interim interest. best rate for 5 yrs or long term onli. most pipu here looking at around 1 year. good to put some at 5 yrs but not all funds.
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yygo
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Jan 29 2016, 07:39 PM
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QUOTE(intrepidity85 @ Jan 29 2016, 01:25 PM) can we go to hl branch instead of mach? hl and mach is same right? if i walk in to HL branch i can open money box account and get 4.5% FD right? hl and mach diff! both under hl but separate identity. have to go to mach branch to open money box acct. then can place online mach fd. unfortunately mach branch are lesser. This post has been edited by yygo: Jan 29 2016, 07:51 PM
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yygo
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Jan 29 2016, 10:04 PM
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QUOTE(cklimm @ Jan 29 2016, 09:36 PM) I can wait for another 2 weeks  oh 11/2 is the big day. so decided to bsn fd with mil eggs? This post has been edited by yygo: Jan 29 2016, 10:05 PM
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yygo
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Jan 29 2016, 10:06 PM
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QUOTE(mamamia @ Jan 29 2016, 10:05 PM) if u r existing HLB customer with HL Connect access (eg, credit card), u dont need to get their debit card.. MACH money box just need a HL Connect access then u can create your own MACH FD account via online. still need to open acct in mach branch, bro.
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yygo
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Jan 29 2016, 10:40 PM
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QUOTE(mamamia @ Jan 29 2016, 10:11 PM) yes, need to open MACH account at MACH branch/kiosk, but, he is asking about the debit card/ ATM card.. So, I'm telling him no need to get debit card if he is existing HL Connect user..  , so, maybe my statement on MACH FD creation confuse u..  kikiki, ur statement misleading, bro, kikiki: "MACH money box just need a HL Connect access then u can create your own MACH FD account via online." not just me, whoever read the above will also say the same thing, This post has been edited by yygo: Jan 29 2016, 10:43 PM
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yygo
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Jan 30 2016, 08:17 AM
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QUOTE(mamamia @ Jan 29 2016, 11:11 PM) Ok, I shall rephrase it as, when you go to open MACH Money Box at any HL MACH branches, you don't need to take the debit card if you're exisitng HL Connect user. After you open the MACH Money Box account, u can access to your HL Connect and create the MACH FD account online to do e-FD placement. Very fast (within 10 min) and simple (just fill up FATCA form) to open a MACH Money Box than conventional HLB account. tat is clear.  unlike someone here, die die oso no admit error and argue, change topics till end of world. kikiki
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yygo
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Jan 30 2016, 01:21 PM
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QUOTE(intrepidity85 @ Jan 30 2016, 12:21 PM) initially wanna go for BSN 1 yr promo FD change my mind now.. going change into SGD 100k next week... greed is good haha..! sgd 100k cash or into foreign currency fd? QUOTE(mamamia @ Jan 30 2016, 12:33 PM) old news, bro. have been discussed 2 weeks ago.
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yygo
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Jan 31 2016, 12:10 PM
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QUOTE(cfc @ Jan 31 2016, 11:36 AM) i have a PBB fd which will be matured on (feb06 - sat) according to promo, it will auto renew to conventional FD upon maturity i am wondering the renewal date is based on feb06(sat) or will be at feb10 (wed) when the bank reopen ? the system will auto renew on the mature date feb06
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yygo
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Jan 31 2016, 05:09 PM
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QUOTE(intrepidity85 @ Jan 31 2016, 04:48 PM) saw somewhere they say extend to feb? correct me if im wrong few pipu said extended to 1st week Feb.
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yygo
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Jan 31 2016, 06:47 PM
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QUOTE(cklimm @ Jan 31 2016, 06:44 PM) why dont they just extend till 11 Feb  they wan to avoid one fd of 1 mil eggs.
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yygo
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Feb 1 2016, 09:15 AM
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QUOTE(wjchay @ Feb 1 2016, 08:45 AM) I logged in to check, no more 4.5% option. today checked, no more 4.5% option. This post has been edited by yygo: Feb 1 2016, 10:24 AM
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yygo
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Feb 1 2016, 10:23 AM
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QUOTE(babysiew @ Feb 1 2016, 10:14 AM) Hi guys, best rate right now would be OCBC? Appreciate advice. Thanks OCBC Bank Fixed Deposit Deals. Minimum Fresh Fund RM10K. Valid until 30 April 2016 - Contributed by cybpsych T&C Fixed Deposit Deals | T&C Fixed Deposit-i Deals 9 months - 4.15%p.a. 15 months - 4.30%p.a. affin 4.5% 12 mth reported last week by someone. anyone confirmed that? other than bsn 4.5%, next one is rhb 4.4%.
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