be careful as it is not consistent. the earlier u do it, then the earlier for the other bank to receive the fund. rentas will be faster but cost more.

OCBC's 4.3% is 15 months. Will be making a placement here by this week if UOB doesn't come up with 12m promo. Same goes to my SCB 18m 4.25% which will mature end of this month. Was hoping for 4.5% but looking at the trend, i will take that extra 0.05%

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The OCBC at my place opens from Monday to Sunday 9.30am to 7.00pm.

If I make an FD placement on Thursday but after 4 pm, are the counters (both the service and teller counters) still open? and can they issue the FD cert on the spot? I am okay if the date will start from Friday.

This post has been edited by Human Nature: Mar 1 2016, 08:14 PM

not taking rhb 4.45%?

Will have to pass as I do not have an existing joint account there. Unable to get the joint account holder to come with me.

Tomorrow plan to withdraw OCBC FD. Then KWSP self contribution max amt. Rest goes to RHB 4.45% 12 mth.

Also has SCB 4.25% mature later this month. Will move to BR for 2 yrs 4.55%. Unless better promo comes up.

follows u, max kwsp once fd mature.

Great minds think alike

Need to emulate successful people with 7 figure FD in 1 cert.

haiz now FD rates no more attractive, switch to shares !!!

Shares not going up... trade forex better.

what if epf really implement the monthly payment methd and close lump sum withdrawals?

newbie here, what is max epf? max contribute your salary to epf every month?

read http://www.kwsp.gov.my/portal/en/web/kwsp/...lf-contribution

Can't you guys understand simple English? --> Strictly for FD Discussion Only?

Please go to other respective threads for non-FD discussion.

Thank you.

can put FD into KWSP?

My 1st hand experience with PB eFD:

1)For 1st timers like I was, you will need to create an eFD account,
click on eFD tab to the left, select tenure, agree to every t/c, else you cant proceed
then, you will see your eFD account created, with no balance inside:



2)Nows time for the real placement,
There are 2 types of FD for placement, namely eFD and FD,
The 1st is purely done online, and gives +0.25%pa interest,
the second is normal FD, which gives no promo rate,
and wants you to collect the cert, see below:


3)take the eFD of course, and they offers 3.45% rate for 3 month for 1k,
there's interest selection too, take monthly payment, so that your month FD interest can earn savings acc interest too:


4)agree to everything, so that you can proceed:


5)tadaa:



Print the slip and you are RM 8.67 richer after the tenure.

the ocbc 15 months 4.3% also comes with a free trolley bag if amount exceed RM70k.
please ask for it.
it's their promo presently.

Thanks for the screenshot. Btw, isn't it better to put under maybank GIA-i for eFD seeing that they will give 4% instead of PB eFD which give only 3.45%?

Hi guys, wanna ask something. Currently my fd almost mature and i plan to put in affinbank 4.5% but heard someone say now only 4.2%. My current fd i put it at bsn. bsn promo is 4.5% too i know but then it requires fresh fund. So if i take out the fd when it is mature and instant transfer to another bank, say my cimb acc then i instant transfer back to bsn, so would it be consider as fresh fund ?

Or can just ask the staff to just help me.. dunnid susah susah to trasnfer here and there

Let me give you an answer (with the intention to solve your curiousity that will eventually kill you, if I did not intervene).

Why would some people rather earn less interest when you can earn higher elsewhere ? The answer can be found in genxgenygenz postings. To be precise, the words "chiak beh liao" would explain it all.

At 3.45% p.a., some people's FD would be earning more interest (in absolute terms) in a month than what you would earn in 1 year @ 4% .

For example,

MR. LIM puts in a RM10million FD at 3.9% p.a. He earns rm390k per annum, and the bank credits his SA rm32,500.00 every month.
MR. RANJIT SINGH put in a RM100k FD at 4.0% p.a. He earns rm4k per annum, and the bank credits his SA with rm333.33 everymonth.

For MR. LIM, he may be in a situation of "chiak beh liao" whereas MR. RANJIT SINGH is merely surviving day to day. Hence, psychologically, MR. RANJIT would be very sensitive to interest rate difference where as MR. LIM would not. Hence, also why, MR. RANJIT SINGH cannot pathom why MR. LIM do not go for the highest interest rates.

The law of absolutes and reaching the level of "chiak beh liao".


This post has been edited by pearl_white: Mar 2 2016, 11:00 AM