I will never ever place a FD with SCB again. Went to the branch to uplift the 4.25% 15 months FD and was yold that they do not issue any BC. The only 2 options are cash or credit to SA. Didn't want to credit to SA because I don't have any SA with my next placement banks, OCBC or UOB. By this time I already got the manager to come.

So I said I want cash from the uplifted FD and few thousdand more from my SCB SA. The teller said I need to fill up some forms to uplift FD to SA. I straight away said why need to fill up forms when they said SCB is going paperless. I am being a pain here. So the teller fill up the form and get me to sign. Guess what, she only withdraw the cash from SA. Even the manager heard that I want both FD and SA in cash. Okay, done.

Next I said I want to change the standing instruction for all my other 7 certs to principal + interest credit to SA because if no BC is issued, I do not want to be there physically.

Manager said cannot be done but I said can. Upon checking, it can be done. So they teller filled up 7 forms and since I did not bring along the other 7 certs, wanted me to sign under a stamped remark: FD receipt misplaced by customer, uplifted without receipt. I told them, that is a fraud attempt because it said I am uplifting my FD and that I have lost my cert. I told them I am able to change my standing instruction through phone call previously.

And since both the teller and the manager also seemed blur, I refused to sign and cancelled the instruction as they keep talking about the base rate. The last thing I want is for them to mess up my promo rate and every 6th month credit interest.

So when the next cert matures, I need to think on how to transfer as it is a larger sum than today for cash. The only way that I can think of is to credit to SA and then do online IBG. Anyone know what is the max IBG limit per day?

Okay, so with the cash I went to OCBC for 4.5% 12 months placement and decided to open a SA for future convenient sake. I asked for a SA that has no fee, no ATM and the banker proposed 360 account. So I proceed to deposit the min opening amount RM200. I made it clear that I already have an existing online account with OCBC under my credit card (now terminated) and I want to be able to do online transfer with the new SA. She said no issue. FD was smooth this time.

Then now I login my OCBC account and tried to perform fund transfer but failed. It said I need to open a new deposit account. So I clicked and followed the steps and now end up with a second 360 account but zero deposit. I thought need to maintain RM20 but now zero amount, will there be any penalty?

Any idea how to enable fund transfer function? early closure will incure RM20 fee.

1 month FD at MBB 4.0%, found out by accident.

MACH charges RM 8 per annum?

is there any way to not get charged? Can I choose not to have ATM card?

you don't need a debit card in order to gain access to online banking. of course, with a debit card you can sign up for online banking yourself. without it, the bank has to create an account for you. hong leong mach branches cannot do it, so you have to visit a normal branch.

i have mach and i opened mine at pavillion without getting any card. you can try your luck at the main branch too. i don't need card as hl has cardless withdrawal. some staff might use scare tactic to force you get atm/debit card so you need to be firm and insistent. some people reported they got atm card for free so your negotiation skill is important too

just to add, i am maintaining a savings account with HLB, without a debit card. i cancelled the debit card about 1.5 years ago when it stopped being my salary account.

just managing the account via online.

EDIT: i realised in your case you are referring to new account opening. which in my case is not the same as yours

anyway, you can always request for basic savings account which doesn't charge the RM8 but limits your withdrawal frequency to 4 times or something. can refer to HLB website.

Drat, kena DBKL saman when placing HLB FD, there goes my 1 week interest... does it need to be paid?

I think EPF will give a 5.5 - 6 % this round ( the last was 6.75%).

pls do update if the 4.5% HLB 6 months FD promotion is indeed over.
i have a FD maturing end of this month. thought wanna catch it.

hello guys, would like to inform all that the HLB 4.5@6 months is still available . also is there anyway to make them suspend my debit/atm card? im not using. also i was told that min balance in current acc must be at least 200 or they will charge Rm5, is this common with all banks?

But what if you need to withdraw money?
Now I also in the same boat on this situation, too many cards in my wallet.
You are speculating? Nobody can tell, except for the banks them self. As they need certain reserve before releasing a loan.
If they can't release loans, they can't make money. So as long as economy condition does not really improves, we can still enjoy high FD rates

went over this morning.. according to them can cancel only after 6 months .....

thanks for the reply!

no CASA with HLB /Mach.

can't seems to find Mach offering basic saving account, guess I have to visit HLB first, then only mach.. 

still need to open acct in mach branch, bro.

kikiki, ur statement misleading, bro, kikiki:

"MACH money box just need a HL Connect access then u can create your own MACH FD account via online."

not just me, whoever read the above will also say the same thing, 

 

tat is clear.  unlike someone here, die die oso no admit error and argue, change topics till end of world. kikiki