For all FD Promo campaign, should there be any changes on OPR, the bank has the right to review the rate. can anyone confirm this ?

it's standard. all banks is like that.

u new to FD promo?

Yea i'm new, just place half of my saving through Maybank2u for 12months promo(4.31%), then another half for 5+5 , 4% + 4.5%promo.

This post has been edited by Pain4UrsinZ: Apr 7 2016, 11:06 PM

Malaysia economy is slowing down, i have mentioned before Bank Negara needs to implement expansionary monetary policy by lowering the interest rate. With ringgit strengthening recently, BNM will wait for a while to let the RM stabilise before lowering interest rate to stimulate the economy. The other uncertainty is who will replace Tan Sri Zeti, is the person as cautious as Zeti? OPR likely to move down in second half.

This fellow:
http://www.wsj.com/articles/malaysia-finan...hief-1457721640

Just deposited 12-months FD @ 4.5% at BR today, thanks to bbgoat 's tips!



This post has been edited by jernih: Apr 8 2016, 08:26 PM

let it go man, already 2 days, dont become batu api

a mamak from 1mdb? to smoothen all future money transfers from 1mdb

So u did get it now. From the Penang main BR branch ? How about their gift ?

OK getting OT abit coz very curious..until now I don't who you guys are referring to.

Having SCB maturing next week again. Still deciding wanna go for UOB or OCBC 4.3%. With rumors of OPR gonna decrease, 15 months seems to have upper hand.

I think u can try CIMB if the amount justify for it. Can ask for 4.35%.

Almost forgotten bout CIMB...but will have to skip coz don't have joint account for FD there.

Yup, I went to the branch you suggested. Thanks!

As for the gifts, when I was in the Asst Branch manager's room waiting for the certs to be prepared, the manager came in with two full bags as a gift. I was thinking. "Wah! Two bags of gold coins!" Haha! However, when I went home and opened them, these were what was inside - a nice, big box inside each bag which contained a towel each, two Parker pens and an Xclusive thermal mug. What an anticlimax!

Thanks for the confirmation !

I actually received 2 PM's from Prai side. Another regular forummer also said he was not able to get the rate in Prai side. Maybe he can call up or go to the Penang main branch in Magazine Road and see if he can get that rate also.

I got 4.28% ony

wanna to ask how? the amount? 6 figure good enough or need more specific?

4.28% is open for everyone without nego

tat one is their promo rate till apr end.

why would you take this 4.28% over 4.3% from OCBC/UOB?

BR is convenient to me in term of logistics