BR called back. They offer 1 year 4.5%. Their current board rate is 1 yr 4.1%, so they say they are trying to match HL and BSN's 4.5%. Also this is matured FD, not new fund. Getting monthly interest.

I asked to include Monday another FD due into the package.

Looks like can go as moving to BSN is an option but no monthly interest from BSN. Also some concern still with BSN, new account opening etc.

I personally do not have problem with HL. The only issue is their Islamic FD which will take into effect 2 days after placement. But they still issue the cert/receipt on the same day.

MACH wise, online placement also smooth. Can see the placement immediately in HL connect.

For BR, it is better to call first to negotiate. But do it before your fund available say min 1 day ahead.

Yes, BR is promoting 24 mth FD at 4.55%. I got 12 mth 4.5% for matured FD after nego with them. They want me to keep the eggs there instead of taking it out.

That is what @yygo is saying. Nego rate is very much depends on the bargaining power of individual. I shared the info with all. That person should not have put it like it is "normal" 1 year rate. Misleading to do that.

OK, in BR to renew my FD and got the nego rate I mentioned before. No need to repeat here in case someone go and think that it is normal rate for BR. Received PM asking about the nego rate.

Split into 4 certs and got monthly interest.

However was told that I could have gone there on Monday as there is another FD due which I got nego rate as well. Should have thought of that but the ABM did not tell me after I asked on the add'l FD due yesterday. BR has this flexibility of u can get FD cert within about 1 week after FD matured and the nego rate remains.

Anyway Monday have to go there for another FD, smaller amt, but part of the package of the 12 mth 4.x rate.

This post has been edited by bbgoat: Jan 21 2016, 01:19 PM

Yup and on the dot.

One more thing their system always change the FD maturity to working day. So today's renewal, maturity on Jan 23 2017.

This post has been edited by bbgoat: Jan 21 2016, 02:32 PM

For HL, normal SA.

If you placed for HL Mach, then Money Box.

This is an old one reported before. Step-up one, eff rate 4.4%.

See page 1.

This post has been edited by bbgoat: Jan 21 2016, 05:10 PM

Yes, the promo is carried by both HL and HL Mach. But for now, not sure if the quota has been filled.

I have placed the 4.5% FD in HL branch and HL Mach online.

Thanks. Was thinking of this but did not check the date of announcement.

Anyway at least it stayed the same instead of the gloomy outlook that says it may go down.

Even before this (SRR reduction) was announced, early Jan onward, no "exciting" FD promo was announced. So looks like short term may not see higher than 4.5% FD promo ? Dr Bones (of Star Trek), any "cure" by end of the year ?

AmBank promo at 12 mth 4.18% , and other bank at higher 4.3% and 4.4% (UOB, RHB). BSN 4.5% may be hot after HL ends its 6 mth 4.5%.

Add: BR 2 years 4.55%, min 50k but not that attractive compared with BSN's 1 year 4.5%.

This post has been edited by bbgoat: Jan 22 2016, 04:53 PM

Still so optimistic ! Last time we talked about this, u said by end of 2016, now talking about mid 2016 ?

For how much I LOVED for the OPR to go up, I am kind of pessimistic that OPR will goes up in 2nd qtr. Let see.

Noted down your bet with cherroy.

OPR hike, good and bad depending on people. Those without loans, happy . Those with loan,

This post has been edited by bbgoat: Jan 23 2016, 12:47 PM

Today in BR for another matured FD to get the nego rate 12 mth 4.5% (note nego rate, BR 12 mth board rate 4.1%). This is a lone FD of smaller amount than the ones I got last Thursday. Anyway BR was flexible to allow me to include this FD into the nego "package". Some more I withdraw a few k from that FD for use in CNY. The FD back dated to 25/1, again good for me (as I actually in a way terminated the FD by withdrawing the principal amt).

That is what I like about BR, flexibility. Monthly interest on the dot.

Asked the ABM on the CNY hampers, he said they are working on it. Still going to send out to the "loyal" customers. But he "complained" that the Chinese always move their funds when somewhere else has higher FD rate.

This post has been edited by bbgoat: Jan 26 2016, 08:13 PM

HL do at times has the highest rate though it may not last long, like in early Oct last year 4.26%.

Went to HL to change new notes. Long queue and even PB the same, no jumping of queue. Went to next door AmBank. The manager have me sat in his office and handled it for me.

Dr Big Bones, not true. I logged into my money box, though I have only RM20 there, that promo also pop up when I clicked "New Placement".

This post has been edited by bbgoat: Jan 27 2016, 05:52 PM

Luckily I did not go to BSN. Stayed in BR after they gave me nego rate of 12 mth 4.5%.

AmBank long term FD ? What is the rate ?

I thought there is a new FD promo from AmBank.

OK, checked my record, did put in Oct to Nov 2015 into the 2 years 4.6% FD in AmBank. Quite substantial sum also. Luckily did not wait for the 5% dream of Dr Bones.

This post has been edited by bbgoat: Jan 27 2016, 06:19 PM

Yeah, I normally put in available funds for the top rates at that moment instead of waiting for "dream FD rates".

For all the good things of Moneybox (online FD), u need to have activities within 6 mths. If not, the hassle of re-activating it again.