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 Fixed Deposit Rates In Malaysia V. No.11, Strictly for FD Discussion Only

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bbgoat
post Feb 6 2016, 02:13 PM

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QUOTE(cfc @ Feb 5 2016, 11:08 PM)
hlisb is it same with hlb ?
can do placement at normal HLB ?
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No one replying this post. All busy planning for CNY ? tongue.gif

Yes, can do HL Islamic FD in HL branch. But for HL Islamic have to be careful. The last time I placed FD there in 2014, lose 2 days interest for the personal cheque to clear. Unlike normal HL, the FD date start on date of cheque placement (the day u are in the bank). So far for Islamic FD, only have this issue with HL Islamic FD.

So unless they changed it, better ask during placement. biggrin.gif

This post has been edited by bbgoat: Feb 6 2016, 06:07 PM
bbgoat
post Feb 6 2016, 08:00 PM

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QUOTE(kyenli @ Feb 6 2016, 06:20 PM)
Do you know if there's any catch?  4.8% for 15 mths from rhb
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The 4.8% is the last step-up rate ! The eff rate for the 15 mth is 4.4%. See 1st page. biggrin.gif

This post has been edited by bbgoat: Feb 6 2016, 08:01 PM
bbgoat
post Feb 8 2016, 07:40 PM

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QUOTE(guy3288 @ Feb 8 2016, 06:51 PM)
yeah right, but it is too small to stop customer moving out.....
a better way is like your branch, offer extra 0.3% forĀ  1 yr FD or something.
how much required to nego extra 0.3% forĀ  1 yr?
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Ya, I have moved out >50% of my eggs in BR over the last 1.5 years or so as their rate was not attractive since then.

Last time for fresh fund I was able to get 0.2% or 0.25% max nego rate. This time it is matured FD and they gave me 4.5%. Though I asked for higher rate but they came out with 4.5% 12 mths is because of their current promo, 2 yrs 4.55%, I think. They wanted me to keep the matured eggs there. tongue.gif

PM u on the amt involved. biggrin.gif

This post has been edited by bbgoat: Feb 8 2016, 07:53 PM
bbgoat
post Feb 10 2016, 04:48 PM

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QUOTE(wil-i-am @ Feb 10 2016, 03:45 PM)
New Term Deposit-i promo by Hong Leong Islamic Bank
4.50% pa for 6 mths
From 10/2 to 29/2/2016
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This one has been reported last week.

QUOTE(wil-i-am @ Feb 10 2016, 04:22 PM)
Went to RHB Bank today
They have FD promo from 3/2 to 31/3/2016
Straight forward 12 mths FD @ 4.45% with min RM10k
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The 4.45% 12 mths not bad. biggrin.gif
bbgoat
post Feb 10 2016, 05:10 PM

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QUOTE(Human Nature @ Feb 10 2016, 02:29 PM)
Previously I mentioned that SCB wants me to sign underneath a stamping ''FD receipt misplaced by customer, uplifted without receipt" in order to change my FD standing instruction. I brought this matter to the central bank instruction and there has been several correspondence over the past 1 month. Today i received a letter from the bank stating that I was asked to sign under a stamping "Fixed deposit misplaced customer / uplifted without standing instruction" which is totally different from the one above.

Also, the bank state that the teller has offered me about rentas facility which I refused. I am challenging this too as it is clearly not true.
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I think you are referring to changing from Renewal Instruction 2 to say 3, right ? hmm.gif

bbgoat
post Feb 10 2016, 05:31 PM

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QUOTE(Human Nature @ Feb 10 2016, 05:22 PM)
Yes correct, that case. Can't  wait  for all my FD with SCB to mature and close everything.
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I changed one of my cert to Renewal Instruction 3 without any issue. The rest I did not change as the officer initially wanted to keep the FD cert as they need to fax it to HQ to change. But later she returned the one cert which I changed on the spot. The one I changed matured on Sat. The rest are OK as they are on working days.

But I did it in the PB centre so maybe the service is better. smile.gif
bbgoat
post Feb 10 2016, 06:15 PM

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QUOTE(Human Nature @ Feb 10 2016, 05:38 PM)
I am okay if they tell me upfront  that I need to  bring  the cert or that the SI  cannot be changed at all. But now they are trying to cover up. I am sure glad I didn't  end up being their PB customer. That branch is not worth at all.
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Bad that they are trying to cover up. shakehead.gif Also SCB no interest over non working days for matured FD.
bbgoat
post Feb 11 2016, 10:45 AM

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QUOTE(hurtedheart @ Feb 10 2016, 06:33 PM)
I was at HLB today for the 4.5% p.a for 6 months FD promotion. According to the officer, the conventional FD (with cert) is full. I end up with the Islamic 1 (without cert, but not MACH)
Waiting time was terrible @ was there at 1pm and only got served at 2.30pm.. Felt that it is not worth to spend time there ... I am glad that I have been sensible to visit other bank for other banking needs n return rather than sit there n wait
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"was there at 1pm and only got served at 2.30pm.."

So u did get the Islamic FD ? Is the start date 2 days later (after clearing of cheque) or u used cash so the start date is 10/2/2016 ? hmm.gif

This post has been edited by bbgoat: Feb 11 2016, 11:11 AM
bbgoat
post Feb 11 2016, 12:23 PM

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QUOTE(gchowyh @ Feb 11 2016, 11:18 AM)
Your issue maybe abit different from mine which I faced previously.

1. I did not get my interest after 6 months despite having instruction 2 chosen, so I asked my RM why. She gave some excuse saying they have some internal instruction that interest will only be paid upon maturity.

2. Then I called the hotline about the same issue & complained. It routed back to the RM & she was quite angry saying why I didn't contact her directly. Apparently the hotline officer contacted her & scolded her. But the final outcome still the same, she even said asked branch manager if the 'instruction' can be changed but cannot.

3. Finally, after around a month seeing most of the people here getting their interest paid, I complained on their Facebook page & try to viral it tongue.gif I got my interest within a few working days no excuses given! biggrin.gif

Sometimes I guess it needs humiliation for these big bullies to take proper action.

I see Citibank credit cards Facebook page is also badly defaced with lots of complaints since they are probably the only bank that still do not give annual fee waiver. But when came my turn, they seemed better & said I need to spend a certain amount to waive it.
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U guys have so much problem with SCB. shakehead.gif So far the 6 mth interest only have slight problem which was resolved quickly through the RM. Subsequently no more issues. Just received one last week. Also changed Renewal Instruction within one day (showed up online).

Maybe Penang side less issue ? biggrin.gif

OT. CB Citigold free Platinum card. Have been using it as main credit card for years. biggrin.gif

This post has been edited by bbgoat: Feb 11 2016, 12:24 PM
bbgoat
post Feb 11 2016, 12:26 PM

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QUOTE(hurtedheart @ Feb 11 2016, 12:23 PM)
Yes, I placed the Islamic FD, ie 'Hong Leong Term Deposit-i'
70% of my funds are from my HLB savings a/c (proceeds from HLeBroking also considered fresh fund), remainder 30% of my funds by cheque.
Whether is it from savings a/c or cheque, the effective date is on the day I place the FD.
Btw, HL cleared my cheque very fast, the amount already missing from my OCBC a/c when I checked this morning at 8am
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In Oct 2014 when I placed HL Islamic FD with personal cheque, the eff date was 2 days later. Though they issued the FD receipt on the same day. smile.gif

HL conventional FD no such issue, same day eff date. biggrin.gif

This post has been edited by bbgoat: Feb 11 2016, 12:27 PM
bbgoat
post Feb 11 2016, 01:12 PM

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QUOTE(hurtedheart @ Feb 11 2016, 12:48 PM)
Hmm.. Surprising. But I'm just curious, isn't it mentioned on the receipt 'purchase price' & 'selling price'? I mean, I believe you should have been able to detect the shortfall (assuming you did a quick calculation) on the spot but you sounded like you only found out the effective date was after your cheque being cleared?
Hmm, here is my calculation:
RM 10,000 x 1.045^0.5= RM 10,222.52,
while it states on my receipt as RM 10,224.38
I'm not sure how to get RM 10,224.38 @ RM 1.86 'extra', but if the effective day is 2 days from the date of placement, then I should be getting lesser instead of more, correct?
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I already knew it on the spot as the staff told me that it will be effective 2 days later. But at that time, this is the highest promotion at that time. So even losing 2 days interest still can made up for it. biggrin.gif

No need for you to look at anything else other than the dates on the cert/receipt will do. That will tell you it is from when to when. biggrin.gif
bbgoat
post Feb 11 2016, 06:26 PM

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QUOTE(galaxynote259 @ Feb 11 2016, 06:07 PM)
AmMega Fixed Deposit is 4.90% p.a. for 15 months, anyone familiar with this FD plan?
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I was in AmBank just now. Saw it and asked the manager. It is NOT pure FD. It is with UT purchase. I think it is 4.8% for 15 mth, not 4.9% (saw it on their screen, unless my eyes played trick on me). Anyway since the manager told me it is with UT purchase, I did not enquire more details. biggrin.gif

This post has been edited by bbgoat: Feb 11 2016, 06:53 PM
bbgoat
post Feb 16 2016, 10:09 AM

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QUOTE(cj7lee @ Feb 16 2016, 09:05 AM)
I got exactly 4.0% p.a. for both Dec and Jan.
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The first 6 mths for MBB GIA-i should be as quoted by them 4%, though there could be changes as stated by them. biggrin.gif

So far last few mths have been paying out 4%. biggrin.gif

This post has been edited by bbgoat: Feb 16 2016, 10:14 AM
bbgoat
post Feb 16 2016, 10:38 AM

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QUOTE(cybpsych @ Feb 16 2016, 10:35 AM)
unlikely for mbb to bump it up to 4.5% p.a., wherease we all gotten 4% p.a. for the past few months biggrin.gif

i wonder how kelvinbaby gotten the number (4.5% p.a.) at the first place.
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Ya, the 4.5% is supposed to be average if we kept for the one year period. So not sure about his Nov/Dec getting 4.5%. yygo has asked him that question also. biggrin.gif
bbgoat
post Feb 16 2016, 10:52 AM

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QUOTE(cybpsych @ Feb 16 2016, 10:46 AM)
the best part about MBB GIA-i's rate is it also applies to eFD too.

I've put some fund last month for 3-month tenure (MBB GIA-i eFD, monthly crediting of profit). it gave me indicative rate of 4% p.a. Will monitor the effective rate once mature in 3 months time.
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When did they start this ? Is there an end date ? Minimum 1k ?

Good rate for 1 to 3 mths especially can terminate as we goes, if it is the same as the GIA-i that we bought last year. biggrin.gif


bbgoat
post Feb 16 2016, 11:07 AM

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QUOTE(cybpsych @ Feb 16 2016, 11:04 AM)
it's just the normal GIA-i eFD inside M2U.

if not mistaken, 1 month tenure need min RM5k. 2 or more tenure months, need min RM1k
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OK, the 1 mth 5k is similar to usual 5k for 1 mth FD requirement. For small or temporary fund, good place to put it. Thanks ! rclxms.gif
bbgoat
post Feb 19 2016, 05:37 PM

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In RHB to renew FD. The RHB 15 mth 4.4% which was originally until end March is no longer there. Current promo 12 mth 4.45%, min 10k, until end March.

Requirement supposed to be new fund. The officer asked me to top up RM100 to get the promo rate. So added RM200 instead (courtesy biggrin.gif ). So got the 4.45% 12 mth rate.

Later received call from AmBank to collect the 20" trolley bag for FD placed last Nov. Finally. Anyway will collect only next week. biggrin.gif

This post has been edited by bbgoat: Feb 19 2016, 05:38 PM

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