for HLB FD promo, islamic saving account is required?

for interest crediting, conventional sa oso can.

What 10 mil man and what is tun ram? Yeah, just updated my FD Page today as I returned from Melbourne a couple days ago.

Your nettworth is about rm10m.

This post has been edited by Ramjade: Feb 16 2016, 03:05 PM

see below tun ram's post.

already went to your fd page 1hr ago. saw the update

This post has been edited by yygo: Feb 16 2016, 03:02 PM

hahaha your tun ram to me is the rich obedient school kid that listen to his mummy I thought you might be referring to Datuk Seri Gopal Sri Ram and he may have been recently bestowed the title of Tun, hahaha.

Well Bro, my net worth is no secret as I have mentioned it in my Online Profile for years. It's still 9 figures...... in IDR, hahahaha. Anyway, you graduated or still in school? Sorry OT guys but Ramjade and me go a long way back and just want to know his latest status.

Finishing next year February.

Btw captain, regarding maybank account, you can keep rm1 inside and won't kena charge minimum charges or yearly atm card fees (like what I am doing now - I remembered I asked you via PM some years back how to avoid paying maybank free money)

The above is not applicable if one have a bsa. Bsa needs min rm20. This min rm1 can only be done if you have an existing maybank account that charges you rm8.48/year. Just go to the branch and tell them you want to change your maybank account to the free one with limited atm withdrawal/month. There's no monthly limit for online transfer.

sorry captain. the school kid may be rich. but has been bashed here and there every so often in tis thread. have problem to understand posts, based on hearsay, gave wrong info here many times ..........

is he really a student? spending time here and ut forum onli. a troll

ot. sorry.

This post has been edited by yygo: Feb 16 2016, 05:10 PM

news tat epf will announce pay out for 2015 on 22/1/2016. will be interesting to see how much difference from 6.75% of 2014.

How did you opt for monthly interest credit for GIA-i eFD more than 1 month?

Update at Post #2 Captain

What is the best rate for FD now? Which bank?

Refer to page 1

Hi! currently still a college student and have some savings. Suitable to deposit the money in eFixed Deposit by Maybank for around 6 months? Thank you!

Better take promo rates if you have min rm10k. Board rates aren't worth it for 6 months FD.

This post has been edited by Ramjade: Feb 17 2016, 07:20 AM

in M2U lor, when u place eFD.

monthly profit payment frequency is the only option available anyway

hi guys,
I never had any experience in FD, so dun fire me hehe

this is my situation:

i have a biz that requires me to use my capital only for 1 or 2 weeks per month
is it a wise move for me to put the money in FD and ask for OD?

your opinion is highly appreciated
thanks

Depend on cashflow situation.

But FD may not a good option.
Money market fund or some current account that have interest is better option, whereby you can access the money at any time (for current account), or just 2/3 business day with money market fund.

OD rate is way higher than FD rate.

Since your situation is capital want to use for business rolling, yet you want to have some interest while capital not employed

If your capital is larger than 50k

Then you can go to bank and open a swift acc. Daily interest crediting on your capital (i think is 2% pa, minimum 50k onward, and top up in 10k in stages)
Meaning, 50k, 60k 70k 80k.. if you put 65k, it is counted as 60k x2% p.a. interest.

The bank i mention is HLB.

Need assistance can inform me, but i dun benefit from anything, just helping out only.

Sorry for OT since not FD. Just proposing based on your needs

Repo placements with banks?