hmm.. reading this i still blue:-

Maybank GIA still valid 4.5% ? anyone ask maybank before?


and

Maybank efixed FD 4.31% 12month.. how does it work...
i transfer money to m2u and from there open efd online?

mbb gia-i 4.5% promo already over. i wonder why ppl keeps bringing this up again and again

mbb eFD can be placed and withdraw/uplift online in M2U. placement: SA --> eFD. uplift: eFD --> SA

mbb gia-i still hav 4%.. i'd say it's good as mentioned by forumer ram

i've been using eGIA-i 4% as SA liao

read the chatter here

heard promotion gonna end soon. interest will be back to board rate if promotion ends?

is it true if you don update the fix deposit, the deposite will forfeit by government after some years?

it's NOT a promotion la. it's mbb's basic banking product.

Source?

alright thanks for head up!

Sorry i got confused by ocbc 360 and mbb rhb

going to move my funds into mbb thanks !!

Hi guys, I have an extra 5k to spare in FD. Any fd package and time frame recommend for? Highly appreciate for any suggestion. Thank you.

Looking at first post and the different bank options, are there any flexible plans for interest calculation/ credit eg daily ?

Inm maybank igia is flexi, can close anytime with no interest loss (daily calculation). Most conventional fd follow few months interval for interest credit eg every 3 mths or 6 or 12 right?

This post has been edited by thingamagic: Apr 15 2016, 10:43 AM

most conventional FDs have this clause in the T&Cs:

50% ?!! Is this for the step up plans or the 1 term plans?

Im thinking the latter

I see most uplift and changw to new plan, cant be forfeiting 50% that often rite?




This post has been edited by thingamagic: Apr 15 2016, 11:08 AM

Applies only if you uplift earlier than maturity date. If you uplift on maturity date, you will get the fill amount.

for step-up, usually it's 3-month cycle, so the rules doesnt apply because each rollover = "new" re-placement, hence reset as new cycle.

example PBB's step-up FD @ https://www.pbebank.com/pdf/Promotions/tc-pbsteup.aspx

read T&Cs 3.6 and 3.7

Be careful with step-up FD as there are 2 types: -

1) rollover where you can withdraw after the end of each cycle & still get the full rate for the cycle
e.g.
Public Bank's PB Step Up FD (3+3+3) & PB FD Xtra Campaign (6+6)
RHB's FD Step-up Promo
Maybank's 5+5 Promo


2) no rollover where you must complete the whole tenure or else there will be penalty
e.g.
Maybank's eFixed Deposit Flexi Campaign
UOB's 11 months Step Up FD

Btw, you won't get half the effective rate after completing 3 months in this case.

Let's take Maybank's eFD Flexi Campaign as an example: -
1 - 6 months - 3.4%
7 - 9 months - 4.7%
10 - 12 months - 5.75%
12 months Effective - 4.31%

You will only get half of 3.4% p.a. instead of half of 4.31% p.a if you withdraw after 6 months.

Great write up there..should be used for first post of thread

Looks like the more flexi is the first group but of cos less effective rate

Think i will go mbb gia then, though got risk of dropping OPR

eh wait.. eGIA is not FD? mind to share how does it work?