u should read post about 2 days ago on tis srr. also newspaper star have article oso.

BNM may lower OPR soon, with this move, interest rate will be lowered also. In order to have higher interest rate, we need more people to default payment which will be causing banks to have lower cash flows.

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.

Up OPR are good, then everyday can get 150-200 people goes bankrupt

OPR hike, many mortgagee borrower will have hard time servicing the loan

Rm450 divided 12

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

I prefer in the middle - 9 months

Just placed an FD yesterday at Alliance Bank 9 months 4.35%. I notice the FD cert is from 1/22 t0 10/22 where the maturity is on a Saturday. Just wondering if they would pay me the interests on the Sat and Sunday?

On a side note, previously some sifu here told me need to earmark 10k for a month in SA for its PB status. Apparently the RM only ask for RM250 to open the SA, no need earmark for 10k.



.

Nope, 2 days considered burn.
That's the setback of paper FDs
But think it on the bright side, online FD only 3.**%, so the 2 days lost are not that much. And best of all, I've been using maybank's online FD for the past 2 years

on page 1 alliance bank was listed as paying interest for non working days. ask when u redeem your fd.

9mths 4.35% ?

Shud be e-FD.

Withdraw online

hi there

does anybody knows whether when u withdraw your FD from UOB if there is any admin or bank fee inccured?

I asked coz I kena from RHB and I know OCBC dun have such fees

Thanks in advance

Your FD in Alliance maturity date will be extended to the next working day ie on the following Monday; and interest paid accordingly.

For PB the minimum amount of 250k is in total placement : CASA,FD,UT, forex,etc. No need earmark.
Unless there's a change in terms n conditions.

no admin fees for uob and rhb. onli fees for banker's cheque, ibg/rentas. if take out cash, 0 fees.

MayBank issuing Banker's Check for FOC provided it is exactly the same amount at matured FD, whereas Public Bank charged me RM0.70 per BC (can lump up multiple matured FD into 1 BC for cost saving).

Anyone knows of any promo rate for 1 - 2 months?
Or best is Affin's board rate at 3.25%?

maybank bc still have to pay rm0.53.

That's cheap. SCB charged me RM2.80 for my matured FD and CIMB charged me RM6.00!

strange cimb charged me 20 cents last week.

Nice...must remind the RM when i withdraw the FD in Oct.

The TnC says must put 10k in Hybrid acc for PB. Apparently they are not enforcing it now.




This post has been edited by ikanbilis: Jan 23 2016, 08:00 PM