waiting to take out MBB GIA without penalty and put in 5% rate when it arrives.

current way as it goes, not so likely, bro! cny fd promo where?

Yessss! My money box account finally reactivated. Needed to cash deposit in the money at the bank only it went thru.

Now I can place my FD.

Through ATM instead of counter? FD can place direct online money box acc?

If got money box, FD can be placed online via Mach.

fd can place online

which bank offer highest FD now? would like to place around 200k

check page 1 or read ah goat post above

From bbgoat earlier post ...At the moment, it seems to me the best ones are HL/MACH 6 mths 4.5%, UOB 12 mth 4.4% and RHB's 15 mth eff rate 4.4%.

Beside the tenure of 6/12/15 months, the following factors may influence your choice

HLB/Mach interest are credited monthly
If you open at HLB branch, you need to go back to the same branch to redeem your FD
If you use Mach, can perform withdrawal via online - do note that Mach limit is 250K per day for FD placement/withdrawal

UOB - Interest is credit at the end of 12 month term.
Need to confirm whether FD can be redeem without go back to same branch or can do withdrawal online
(Any one know?)

RHB is a step up FD which give effectively 4.4% pa.
Placement need to done at branch, interest are credited every 3 months
FD can be redeem at any branch or via online banking
(The menu option for withdrawal/upliftment is at the investment option not the account option )

In summary, HLB Mach, placement and withdrawal can be done online without concern of fresh fund etc and you get your interest credited to your saving a/c monthly.
For RHB, although the promo is suppose to require fresh fund, the officer usually allow existing maturing FD to be used.

uob can uplift fd in any branch. can withdraw online olso

yes got my MACH acc back, 4.5% and don't need to wait for cert

OT: I successfully cancel my Hello Kitty HLB debit card today. Walk in to branch n tell the staff I want to cancel. They gave me the form to fill up n cancel straight away n they cut the card in front of me.

Other than what I said, other factor include convenience, time/effort, FD amt etc. If FD amt is say 10k and UOB is say some distance away, one may want to put in nearby OCBC 4.3%. Just as an example.

Yes, UOB can redeem FD in any branch. Online withdrawal can be done by cancelling the FD if it is on auto renewal.

This post has been edited by bbgoat: Jan 11 2016, 05:57 PM

You did the re-activation in the MACH branch or through online like me ?

Mach officer told me that we somehow need the HLB debit card in order to uplift the FD. Can anybody verify this?

No sure what the MACH officer meant.
Once you have a MACH account, you can perform online FD placement and withdrawal via HLB connect online. Definitely do not need any HLB debit card.

Thanks bbgoat and sandkoh for the confirmation.

if i have hlb connect, can i put fd too at 6 months @ 4.5%?

is hlb mach linked with hlb connect?

Without MACH, you can only place over the counter to enjoy 6 months @ 4.5%
HLB connect without MACH do not have option for such placement.

Once you open a HLB MACH moneybox saving account, there will be a MACH option available in your HLB connect.
Thereon, you can put 4.5% FD @ 6months. It will be available under the MACH FD account.

Thanks for your effort...that guy was throwing out his money weight and expect forum members to serve him