now best FD is BSN? 4.5% 12 months

but i check on PIDM, bank simpanan is not a member?!?!

I am looking for conventional over the counter FD (i.e. not eFD etc etc) with following features
1) straight forward rate (don't want those effective rate as a result of step up, roll-over, what + what type because save me hassle in case the real rate differs from the published effective rate)
2) any that is not subject to downward revision as a result of revised OPR? Not sure this is available since OPR is bank negara rate
3) PIDM insured
4) tenure >=12 months (+/- 3 months can consider)
5) no requirement to park a stipulated funds in another a/c like CASA etc

Which bank has the best promo rate currently that fulfil the above? Tq

wat is the investible amount for one to consider "u have make it" in your view? so that no need to chase high fd rate?

This is great info thanks

Once the 3 months up, can I auto renew at 5% pa for another 3 months? of just 1 off 3 mth, then after that follow prevailing board rate?

oic I thought commodity related means it is linked to some commodity investment? If it is just Islamic equiv of straight conventional FD (those non step up 1) then I could consider

if as a fresh grad who's income is still not that high yet.

is it more practical to split your FD into multiple RM1000 instead of depositing at like 3k-5k at once?

Or i should put some 1k funds as every month renewal and 5k funds as annual renewal?

Thanks for the replies. I currently deposit 1k into mbb efd every month and currently have a small stash in another bank for 12m. Guess my method is alright haha

How about this? Worth to invest or not?

oic. the efd 1 mth 4% not bad. can consider for short term use.

interesting. one active guy here quoted 4 hours to open fd account in bsn. :confused:
depends on the branch?

u really old school.  mgm guru will not be needed any more. mgm responsible for changes/improvements. just like mas airline need a change. do they change all new staff? new ceo, new idea, new thinking.
anyway, lets see first. i may try bsn later.

ouch...penang area so far so good! ...
i already manage to open 3 FD slips with 4.5% per annum. High interest and short waiting time, what more can i ask...

Heard some relative also have bad experience in Penang. Yours is in which area, town HQ, Gelugor, Sungai Nibong ?

Interested at the 4.5% but do not want to get into waiting for hours situation. Another problem I heard is no BC so have to IBG out the fund on maturity ? 

I wonder ..what is the investment duration for you guys put into FD? for a year? or keep the money rolling for yearsssssssssssss?

Latest from CIMB, 100k for FD 4.68%, another 100k in CIMB preferred current acc, free 24k fish and 1 year cimb preferred membership
read T/C http://www.cimbbank.com.my/content/dam/cim...mb-fd-final.pdf

can this be done online??

oh, thanks!! Didn't know they have eFD.

hey, GIA-i is not eFD. please don't confuse others.

bad then..will report after 1 month

Better put it into a normal fd then.

eh, which option? not on promotion page also on m2u?

Still prefer my mach hlbb 4.5% fds.

It seems there has been a lot of discussion & confusion on GIA-i recently. Instead of answering the questions separately over & over again, I have written an article on it on my blog at http://ringgitstretch.blogspot.my/. Read it to find out more about its pros & cons and differences with islamic FDs. Read the tips section to find out how to make placement with only 1K for 1 month or less. Hope it answers most of the questions raised.

The blog has also been updated with the latest FD promos. In case you missed it, you can get 4.3% p.a for 3 months FD with Hong Leong if your sum is substantial which is much better than the latest CIMB Fixed Deposit & Current Account Campaign 4.68% p.a. which looks good at first glance but the effective rate (FD + CA) is worse than the FD board rate of many banks.