Alliance bank currently does not have FD promo..

They had the cutting queue privilege right from the start.
Next time you walk into BR, look out for the thick yellow & blue carpet, that is for Xclusive.

Wow, carpet some more. VIP lane ! The Penang branch that I went don't have that.

Anyway today 2 of my relatives went to place for 12 mth 4.5% that I nego'ed last Friday.

How come you guys gets all the free gifts. I never get any from them. Angpau packets got lar...during CNY.

Work on it, the time will come, soon !

So far I observed at least 3 branches got that carpet.
I have just sent in my application but they asked me what rate I want so I put 4.5% then.

I am not much better, I just asked BR Uptown branch for free gifts & they only mentioned got towel & sun shade.
Will try another branch

I dont really like pestering people either. But the conclusion is, the banks all damn kiamsiap. Because only those aunties and uncles that keep pestering them gets the free gifts.

So did you get the 4.5% for new placement ?

Gift wise, some branch may finished their stock. For Xclusive club, they have to get gift from HQ (more unique than towel etc).

hi all.. which bank has the best FD for 3 mth/6 mths currently?

Wanna ask if promotion rate of FD for RHB still valid ka?

Anyone have experience in placing deposit in FD for RHB?

What to prepare ya? N what should I ask from the staff?

As I am aware, there are some banks that will renew the FD upon the maturity date without notifying the customers?

Is it true?

Call or give them a visit to confirm.

Fresh fund. Fresh fund which means money must not come from RHB usually minimum rm10k. Say I want to put FD for the whatever promo rates you have. If you know the rates, even better. Make their work easier (if they are running >1 FD promo). Ignore any offers for UT/insurance (bank workers love selling products - you might get those offer if your FD value is large)

In the event need to open SA. Ask for BSA. Is FOC. Need only minimum rm20 inside. No need to pay anything. (usually banks will not give you BSA as they need to reach target for their other SA and they cannot earn anything from that BSA). This applies to all banks (free BSA). If they refuse to let you open BSA, threaten you will complain to BNM and they will give you a BSA.

Usually they will auto-renew back to board rates (3.x%) unless you specify that you want the money moved to your RHB SA. So if you don't remove the FD, you will be getting only 3.x% while maybe they/other banks are running a new promo giving 4.x for the same duration. Letting it auto-renew makes you lose out ~1% to banks.

Hope this answer some of the questions. For other question wait for other forum members.

This post has been edited by Ramjade: Apr 4 2016, 02:52 PM

Err bit complex...

SA = saving account?
BSA = bank saving account?

I have saving account with RHB ady.

If I don't want them to renew my FD account upon maturity, I just ask them to transfer all the money to saving account?

What happen to FD account upon maturity? The account will be cancelled?

Then if wanna place FD again, need to open a new acc?

BSA = Basic savings account (All banks in malaysia have this - only they are not usually promoted/default choosen)

Transfer all into SA or move your money to another bank. 2 methods. (if you are placing promo FD at another bank)
1) IBG/IBFT the money out from your SA upon maturity to another bank SA. (check out whether banks accept that as fresh funds)
2) Upon maturity, use banker cheque and bring that banker cheque to another bank.

Usually autorenew at board rate.

Transfer to another bank SA, transfer/use banker's cheque to bring money back to RHB again to be eligible for new promo FD by RHB. Or else don't expect to get promo rates.

This post has been edited by Ramjade: Apr 4 2016, 03:21 PM

HLB promotion


Attached thumbnail(s)

400 units of tv oni

Rentas my fund from SCB, took 1 hour. Make placements at OCBC, registered for the 70k luggage offer using McD free wifi and now eligible for it. Then walked in to their PB centre for enrollment, got a night beg as welcome gift, jadi la.

Also found there is a difference between cut off time for BC and cash/fund from CASA. For BC, the cut off time is 4pm but for cash/CASA it is 6pm.

Not yet gotten the answer, they said need 1 or 2 days time will let me know.

Anyway, I am not ready also. SCB also needs a few days also to terminate my priority banking status before I can transfer out my $$ else they will charge RM 100 a month if I don't meet the AUM!

So u joined OCBC PB ? Did not get someone to refer u ? But I am not sure if the referral program is still on. Last year, I referred 3 from May till Nov time frame. RM300 X 3 = RM900

What 1 or 2 days ? My branch got the approval from HQ in 15 minutes !

This post has been edited by bbgoat: Apr 4 2016, 05:44 PM

Haha i dont know anyone else at my branch. It is still on, saw it at the website. Maybe soon I can start referring my family members too

Ya the RM300 per referral is tempting ! For the RM900 we used part of it for a meal and the rest goes to my mom.

I missed to be your referral ?