one sifu here said opr remain the same for next year.

This post has been edited by yygo: Dec 20 2015, 02:47 PM

Regarding OCBC FD 1year. When will the interest pay out ? 3/6 months or upon maturity ?

on maturity onli.

Banks offering higher rate for short term 6 months compared to 1 year tenure, signalled that banks may see interest rate won't be hiked for the foreseeable future.

I dont seen 6 month 4.5% on HL connect, seems like i need to pay Mach a visit

yes mr lim (shown in the attachment) , i olso cannot find it in mach login.

the main criteria is "new funds". if they let you do it on HL connect, it would be difficult for them to enforce.

Mark your calendar for below dates
1st 21 Jan 2016 (Thursday)
2nd 09 Mar 2016 (Wednesday)
3rd 19 May 2016 (Thursday)
4th 13 Jul 2016 (Wednesday)
5th 07 Sep 2016 (Wednesday)
6th 23 Nov 2016 (Wednesday)

mach is meant to be online based accounts. there is definition of fresh funds in their t & c.

U mean v need to perform new placement via MACH branch?

yes, precisely.

even when i placed FD at a conventional branch after making an IBFT, the teller took a long time to decode the transfer details before she was satisfied that the funds were fresh.

and, i don't think HL connect itself has the intelligence to detect fresh funds (yet)!

make sense?

This post has been edited by kit2: Dec 21 2015, 08:03 AM

CIMB and AMBANK FD upliftment at any branch for any amount , as long as IC can be read. PUBLIC BANK interbranch FD withdrawal possible BUT only up RMxxk (pls refer to PBB branch, I forgot exact amount)

public bank, account in Penang but I want to withdraw at KL branch. Max is RM10k, I think that was the limit. It happened about 2 years back. I told the teller I need more than that. She said unless Penang branch could verify me and allowed to do so. Called up the assistant manager Penang branch and gratefully he said okay. The teller said it is unusual they allowed me to do that.

Hmm for mach 4.5%, is it possible if I ibft out of HLB, then back to HLB again to be eligible?

No tickets...you got it thru sms or ? Anyway enjoy the show

Took up Public bank 4 months step up FD at 4.17 % effectively rate. I took this FD last month since I have some money idle for some times. No new fund required.
So far Public bank has a clear print out on the step up interest and it also shows the rate is locked in even though the bank when advertised mentioned rate may changed if OPR changes. See attached photo.

RHB has the worst FD print up on step up promotion. It prints only the first 3 months rate and maturity date after 3 months and cant tell the eventual maturity date which is another 9 months away.


Attached thumbnail(s)

yup this is why i like pb fd as well

but i hate the fact that over X amount of uplifting has to be done at home branch

For Citigold members 100 available tickets for maybe around Penang area.

They sent email:

Special screening of Star Wars The Force Awakens
We are pleased to confirm your reservation of 2 tickets to the special screening of STAR WARS: THE FORCE AWAKENS on Tuesday, 22 December 2015 at Golden Screen Cinemas, Gurney Plaza.
Popcorn and mineral water will be distributed before you enter the movie hall.



This post has been edited by bbgoat: Dec 21 2015, 03:33 PM

For hlb mach 4.5%, i just tried IBFT from my mbb to HLB, and no promo rate displayed under efd. So i believe only way is to place the fd via mach branch, which will appear in your mach acc later on. Manual placement instead of a pure efd placement.

Then what's the difference between conventional and MACH? Can we withdraw/uplift online if we have to place at MACH branch?