Is the Maybank eFD promotion not many sign up? Looks like not too much mention on it.

i guess not many knows about it.. i was the one... haha..

This post has been edited by aromachong: Apr 16 2016, 12:46 PM

so what do u get in br, 4.5%?

another fd regulars

during CNY i put.. 4.5% they gave me hampers pen and they will call me once they have dinner.. can eat for free lor.. but i didnt go for it last year.. i got this info also from the thread here.. so em.. not consider as regular

now got extra money .. so thinking put into hlb or mbb lo... dont want to put all in one basket

Just came back from Maybank
Not sure whether anyone shares tis info
They have 2 promo right now:-

1. 3 mths FD
a. 1st 2 mths @ 3.75%
b. 3rd mth @ 4.50%
c. Effective @ 4.00%

2. 6 mths FD
a. 1st 2 mths @ 3.45%
b. 3th to 4th mth @ 3.60%
c. 5th mth @ 5.00%
d. 6th mth @ 6.00%
e. Effective @ 4.18%

good to spread out. never put all fd in one basket.

How much is minimum deposit?

eFD have better rate

We need to spread money in few banks, so it will be "fresh" funds when the FD matures. That's why I only will see 6 months promo FDs, easier for me to swap over.
Economy won't be anytime better, at least for the next few years. So FD rate will remain higher than normal.

FD rate is high??

i do have some funds in maybank efd

difficult to find bank promo 6 m fd good rates. 12m better

This post has been edited by sandkoh: Apr 16 2016, 04:09 PM

I didn't ask coz the staff just handover slip to me

Usual rate is 3-3.5%, anything more than that consider high. If want higher return, EPF, AS funds
Remember, this type of investment are risk free.

In some sense you are right, they are trying to lock our money for longer period.

Not as high as 2/3 months ago. With the Ringgit strengtening a bit, hope that all is good from here.

yes 4.5% for 6 or 3 months hard to see.. only 4.2% from hlb i see from their site..

well anything banks offer more than 4.2% for 3-6 months?

guess next month will drop again?

what's the current rate now for eFD??

need fresh fund?

Maybank eGIA-i 4%p.a.
For 1 month placement need rm5k
For 2 months onward min rm1k.

Even if you place for 60 months, but if you withdraw 3 days later, you get 4%p.a interest of the 3 days.

Even if 1USD = rm3 also nothing will changed, as debt/GDP are way out of balance.
More people getting bankrupt, people still need to borrow money to buy houses. So banks need more fresh money to keep the ball rolls.

Effective rate 4.31% for MBB 12 month eFD