I just received a call from Hong Leong Bank sales person. She claims to be offering a new type of Savings Account whereby they can guarantee interest rates of 7 to 8% per annum but with some terms and conditions applied. She requested for a meeting with me tomorrow for a presentation at my office.  I also clearly asked her if this was investment link type of savings but she said no, this is pure savings (almost like FD type) and no risk. I'm intrigued and said that I'll meet her and listen without obligation.
Anyone else got such telephone call from Hong Leong Bank?

Same with what I encountered with HLB when wanna open saving account. I dont want atm card because I only need saving account just for FD placement.

Well.. HLB not the only bank around, I just put else where..

Can I know how to cancel the debit card? Just go to any branch and request to cancel?

With online instant transfer facility available nowadays, will this circumvent the fresh fund requirement?

eg:
Uplift from Bank A, instant transfer to Bank B. Login Bank B, transfer it back to Bank A. To play safe, add or subtract some small amount to avoid same figure.

I've done this before, just to test the system. Didn't even add/minus amount.
It works! 

In summary, HLB Mach, placement and withdrawal can be done online without concern of fresh fund etc and you get your interest credited to your saving a/c monthly.

hey members,

wanna ask a simple and newbie question regarding FD rates :

I'm eyeing on the RHB 3 months 4.5% FD promo,

The min fund required is RM10,000.

Does that mean if I deposit RM10,000 for the RHB FD, after 3 months of maturity, the total amount will be RM10,450 ?

Do correct me if I'm wrong , ty

for the RHB 15 months - 4.4% p.a,
is there any T&C from their website? I can't seems to find any.
I want to know more detail on their definition of fresh fund.
i.e IBG from other bank to RHB CASA within 7 days consider fresh fund? or it strictly require a cheque?

Hi sifus,

My parents just sold off some land in sabah and  received a big sale proceeds.

Thanks a lot. I will try to ibg one day before i going to the branch.
Any RHB branch will have the promo, right?

so RHB now will have 2 promo which end on same 31 March 2016?
Seems like the 12 month one would replace the 15 month promo for additional 0.05%

- 15 month step up FD - effective 4.4%
- 12 month FD 4.45%