Hi guys, should I uplift my existing FD and apply for the latest CIMB promotion? Is there any disadvantages?

your accrued interest will burnt, be my guest.

Won't burn completely if stay > 3 mths

Apparently when I tried to withdraw, it does include around 50% of my Accrued Interest, and after some calculations, it seems like It's better since I can earn more.

I managed to retain my FD with the new promo in the past but have to top up 10% or 20% .

Well sometimes it is not easy for us average joes to fork out extra 10%/20%. Besides I am sure it is cheaper to fork out for IBFT to another bank and then get a BC and bring back to the bank.

A very good example is me. I can't fork out the RM1k/2k just like that out of thin air as my monies are locked in FD (last time). Heck, I have less than RM100 in my wallet. (I don't go anywhere, nor buy anything, so no need so much cash with me - no way I am asking my parents for that much money)

Let's say RM10k
Topped up 10% or 20% = RM1k/RM2k

Online IBFT = RM0.53,
BC = RM2.xx - RM5.xx = Total < RM10
For <RM10, I got my FD at promo rates

If I were to do your way of topping up, I would have never get any promo rates.

Do you have to visit CIMB in order to topup the 10~20%? or there is an alternative way?

Most likely yes. If is not an eFD.

You can do it my way. No need to fork out 10-20%

Yes, you need to go to the bank and talk to the officer. In my case it was Ambank.
Whatsapp the officer a day earlier before the FD mature so that I know the amout need to top up.

Has anyone reported RHB promo 3 months 4.2% 15 or 18 months (not sure) 4.80% ?
Just had a glance while passing by Ipoh just now.

effective 4.4% only,step up to 4.8%

i place affin 3 mth 4.3% today..
promo until this mth...
i receive 5 day int form existing fd matured...

This post has been edited by poor man: Dec 29 2015, 09:47 PM

Received SMS from AmBank on the 20" Condotti Superlight ABS Trolley Case per their FD promotion on early Nov. Have to collect before 1/2/2016. They will call/SMS when ready for collection

http://www.ambank.com.my/ambank/SiteAssets...onthsTncEng.pdf

This post has been edited by bbgoat: Dec 29 2015, 10:31 PM

A relative of mine claims that HLB is offering 3 months 6.88%p.a via phone, she will go branch and ask, it will be great if its a pure fd

Dun think pure FD
Instead, either ILP or Insurance Savings

Ok thanks. Next month have a few fd for deposit short term.

I have received similar type of phone calls before. Not likely to be pure FD. Just tell u paying 6.88% pa interest but ask u to go to bank for more "details". But when queried more, may say or tell more but definitely not pure FD.

My HL RM did not provide any info on this 6.88%.

Do let us know more later.

By the way, what is your next FD attack plan ?

This post has been edited by bbgoat: Dec 30 2015, 09:10 AM

After your hibernation, out for action already !! Waiting for new CNY promo ?

I am also waiting to see if 4.6% rate can be broken.

No plan, suka put here, suka put there

could any sifu can confirm that the Affin Bank 15mth 4.6% FD still available?