Fixed Deposit Rates In Malaysia V. No.11, Strictly for FD Discussion Only
|
|
 Jan 28 2016, 05:05 PM
Return to original view | Post
#1
|
 
Senior Member
1,723 posts Joined: Jun 2007  
|
hi all
im new to FD but im interested to put some cash to FD im looking at this promo http://www.maybank2u.com.my/WebBank/fdcny260116_tnc.pdf there's some terms that i dont quite understand 1) fresh funds : this means that this funds cannot be from existing FD? 2) board rate : the usual FD rate? other than the rate offered, is there anything else that i should take note before deciding which bank? |
|
|
Jan 28 2016, 05:19 PM
Return to original view | Post
#2
|
|
Senior Member
1,723 posts Joined: Jun 2007
|
QUOTE(wjchay @ Jan 28 2016, 05:15 PM) fresh funds: money NOT from MBB not from MBB means not from MBB FD? the money can be in MBB saving account?board rate: yes, the normal publised rates that you can find on website  if not, does that means i have to withdraw the amount from MBB first, then deposit back to MBB FD? |
|
|
Jan 28 2016, 05:46 PM
Return to original view | Post
#3
|
|
Senior Member
1,723 posts Joined: Jun 2007
|
QUOTE(Ramjade @ Jan 28 2016, 05:36 PM) Fresh fund = money not from maybank FD/SA. Thanks for the clarification If you want to put with Maybank at promo rates (4.x%) your money need to come from outside of maybank. How? 2 ways : 1) Get money from other bank 2) Transfer money out from maybank into bank A. Then transfer back to maybank/use banker's cheque from bank A Since you are new to FD, keep in mind that after the period (6 months, 1 year, etc) your promo rate will be renew to board rates (3.x%). To get 4.x% again, you will need to move your funds again. Unless your fund is very big and can make people's eyes become very round, chances are you will have to move your fund to another bank for new promo.  |
|
Topic ClosedOptions
|
| Change to: |  0.0499sec
 0.60
 7 queries
 GZIP Disabled
Time is now: 10th December 2025 - 03:44 AM |
Quote