QUOTE(Ramjade @ Jan 5 2016, 05:30 PM)
Just want to double confirm lol. Thanks!Fixed Deposit Rates In Malaysia V. No.11, Strictly for FD Discussion Only
Fixed Deposit Rates In Malaysia V. No.11, Strictly for FD Discussion Only
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Jan 5 2016, 05:35 PM
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Junior Member
312 posts Joined: Mar 2013 |
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Jan 5 2016, 05:51 PM
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Staff
2,797 posts Joined: Nov 2007 From: On the beach |
Just received call from Kuwait.
CNY FD Promo for minimum fresh funds of RM10k. 12 months - 4.25% *interest is paid up 1 week after your FD is placed. Then if your initial placement is huge, interest is huge, then can place another round with them. If you do this (min initial placement 250k, then you get interest of 10k+), then the effective rate is about 4.43%. Promo until April but first come first serve apparently. Anyone else heard of this? |
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Jan 5 2016, 06:15 PM
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Senior Member
6,614 posts Joined: Mar 2011 |
Today was busy and no time to go to HL to place another round of 6 mth 4.5%. So at about 6pm just now, transferred fund (IBFT) to my MACH account and placed the 6 mth 4.5% FD.
Convenient and no need to go to bank, moreover it is 6.10pm already ! Can see it immediately in my HL online account ! First time to do it for my MACH account though have it for almost 1 year already. |
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Jan 5 2016, 06:16 PM
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Senior Member
5,847 posts Joined: Sep 2009 |
1 month FD at MBB 4.0%, found out by accident.
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Jan 5 2016, 06:18 PM
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Senior Member
6,420 posts Joined: Jun 2005 |
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Jan 5 2016, 06:19 PM
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Senior Member
1,338 posts Joined: Sep 2012 |
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Jan 5 2016, 06:22 PM
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Senior Member
1,338 posts Joined: Sep 2012 |
QUOTE(Ramjade @ Jan 5 2016, 05:11 PM) What do you think I have been al these while (place then end of the month uplift then place again with interest) When you create eFD, you can set it to auto renew principal with interest right? Whats the difference? Btw, if your money is >=RM5k and you are parking your money for 1 month, go for maybank islamic efd which gives you 3.25%. If is less than that, pick ambank islamic efd (their min is RM1k for 1 month which will give 3.15%) |
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Jan 5 2016, 06:27 PM
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Junior Member
636 posts Joined: Jul 2012 |
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Jan 5 2016, 06:29 PM
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Senior Member
6,614 posts Joined: Mar 2011 |
Nearly forgotten on my MBB GIA-i interest until guy3288 talked about the 4% 1 mth FD.
Checked the interest, it was less by about 5 cent for the 31 days. Calculated the interest for the 1 mth, instead of 4%, it is 3.998%. Hope it is not sign that they are slowly lowering the interest !! Others who have the same GIA-i, please check your interest for this month, likely to be slightly less by cents. |
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Jan 5 2016, 06:37 PM
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All Stars
24,333 posts Joined: Feb 2011 |
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Jan 5 2016, 06:45 PM
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Senior Member
5,847 posts Joined: Sep 2009 |
want to park money 1 month for use coming CNY,
so i checked out here page 1. best i saw is 3.15% FD , straight way i went to MBB , gave her the cheque. My RM asked why go for 3.15% only? i said i need it next month. She told me just place as GIA MBB 4.5% x 12m, come 5.2.2016, just withdraw! She said no penalty, what a good idea! so i share it here. |
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Jan 5 2016, 06:48 PM
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Staff
2,797 posts Joined: Nov 2007 From: On the beach |
QUOTE(bbgoat @ Jan 5 2016, 06:15 PM) Today was busy and no time to go to HL to place another round of 6 mth 4.5%. So at about 6pm just now, transferred fund (IBFT) to my MACH account and placed the 6 mth 4.5% FD. My MACH account already dormant and dunno how many years Liao. A bit lazy to go activate it Convenient and no need to go to bank, moreover it is 6.10pm already ! Can see it immediately in my HL online account ! First time to do it for my MACH account though have it for almost 1 year already. |
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Jan 5 2016, 06:53 PM
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Senior Member
1,338 posts Joined: Sep 2012 |
QUOTE(harmonics3 @ Jan 5 2016, 06:27 PM) QUOTE(alexanderclz @ Jan 4 2016, 09:57 PM) |
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Jan 5 2016, 07:03 PM
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Senior Member
2,337 posts Joined: Oct 2014 |
QUOTE(bbgoat @ Jan 5 2016, 06:29 PM) Nearly forgotten on my MBB GIA-i interest until guy3288 talked about the 4% 1 mth FD. dude, any idea if i place it for only 20 days? do I entitle for 4% p.a as well?Checked the interest, it was less by about 5 cent for the 31 days. Calculated the interest for the 1 mth, instead of 4%, it is 3.998%. Hope it is not sign that they are slowly lowering the interest !! Others who have the same GIA-i, please check your interest for this month, likely to be slightly less by cents. |
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Jan 5 2016, 08:13 PM
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Senior Member
6,614 posts Joined: Mar 2011 |
QUOTE(guy3288 @ Jan 5 2016, 06:45 PM) want to park money 1 month for use coming CNY, That means the MBB GIA-i still available and running.so i checked out here page 1. best i saw is 3.15% FD , straight way i went to MBB , gave her the cheque. My RM asked why go for 3.15% only? i said i need it next month. She told me just place as GIA MBB 4.5% x 12m, come 5.2.2016, just withdraw! She said no penalty, what a good idea! so i share it here. QUOTE(munkeyflo @ Jan 5 2016, 06:48 PM) I got caught last year. Every 6 mths must have acct activity. Have tried to activate it and the CS called me to confirm it as money sent in not shown until CS activated the MACH acct. QUOTE(cklimm @ Jan 5 2016, 07:03 PM) Not sure about it. This post has been edited by bbgoat: Jan 5 2016, 08:15 PM |
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Jan 5 2016, 08:26 PM
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Senior Member
6,614 posts Joined: Mar 2011 |
QUOTE(munkeyflo @ Jan 5 2016, 05:51 PM) Just received call from Kuwait. Not bad, eff rate of about 4.43%. In Oct 2014, MBB has similar offer but paid interest on the same day. More convenient. I placed another FD using the interest received, min FD 25k, but 4% interest only.CNY FD Promo for minimum fresh funds of RM10k. 12 months - 4.25% *interest is paid up 1 week after your FD is placed. Then if your initial placement is huge, interest is huge, then can place another round with them. If you do this (min initial placement 250k, then you get interest of 10k+), then the effective rate is about 4.43%. Promo until April but first come first serve apparently. Anyone else heard of this? This KFH one have to go back 1 week later if want to place anothr FD. |
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Jan 5 2016, 08:51 PM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield |
QUOTE(TOMEI-R @ Jan 5 2016, 03:23 PM) MACH where got so hi-tech to know whether fresh or not, as long as money is in your acc you can place FD liao.my acc block already cos inactive, free must visit their brance see can re-active or not. bad thing is this acc charge RM8 per annum. This post has been edited by bearbear: Jan 5 2016, 08:52 PM |
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Jan 5 2016, 09:21 PM
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Staff
2,797 posts Joined: Nov 2007 From: On the beach |
QUOTE(cklimm @ Jan 5 2016, 07:03 PM) If I'm not mistaken, you should be able to get as well. Counted daily or something.QUOTE(bbgoat @ Jan 5 2016, 08:13 PM) That means the MBB GIA-i still available and running. You went to their branch to reactive ah? MACH so long no promo so I also withdrew everything and left RM2 inside lol. I got caught last year. Every 6 mths must have acct activity. Have tried to activate it and the CS called me to confirm it as money sent in not shown until CS activated the MACH acct. Not sure about it. Maybe this weekend head to their branch to reactive. |
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Jan 5 2016, 09:22 PM
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Senior Member
10,001 posts Joined: May 2013 |
QUOTE(munkeyflo @ Jan 5 2016, 05:51 PM) Just received call from Kuwait. In fact, int @ 4.28%CNY FD Promo for minimum fresh funds of RM10k. 12 months - 4.25% *interest is paid up 1 week after your FD is placed. Then if your initial placement is huge, interest is huge, then can place another round with them. If you do this (min initial placement 250k, then you get interest of 10k+), then the effective rate is about 4.43%. Promo until April but first come first serve apparently. Anyone else heard of this? http://www.kfh.com.my/kfhmb/v2/contentView...contentId=16669 |
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Jan 5 2016, 09:25 PM
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Staff
2,797 posts Joined: Nov 2007 From: On the beach |
QUOTE(wil-i-am @ Jan 5 2016, 09:22 PM) Nice, thanks for the link and promo flyer.4.28% is the junior one. Good for those who has kids. ![]() |
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