So far is just pbb saving acc offer with min cash requirement of 250k if not wrong.. and need to register.

Fd not yet appear yet... but soon i will proof my skeptics wrong when 5% emerge. Kikiki

Now keep quiet first and hiding..
Kikiki

Understand from BM, this is not 100% FD, need to bundle with investment saving product on 1:2 basis, right ?

that one just over 3 months period leh.

statement recorded. so if 5% not there, also hiding still?

I believe normally for such a good fd interested offered they would usually require customer to place part in investment plan.

have to discuss based on pure fd. once investment plan campur, difficulty to compare between fd offers.

For Affin bank,

1) 4.2% bundle with saving account
2) 5% bundle with PNB products.
Thats what i received from Affin PB before this.

3) 4.5% as reported by some forumers only on selected branches.

affin 1 year 4.2% 5k in sa.

Fed will only raise max 0.25% by June, and possibly halt from that point, aka the Fed fund rate will be 0.5% (if there is a raise on June, which is high possibility), which is still light year away from the 5%.

In fact, 3months KLibor has soften from about 3.8x% to 3.6x%, which make FD promotion rate become "softer" across as well as compared to early in the year.

I think he was referring to 5% FD rate in Malaysia.....

Anyone knows how Maybank eFixed Deposit Flexi Campaign works?

http://www.maybank2u.com.my/mbb_info/m2u/p.../PRO-Promotions

I currently have FD with them, can I convert mine to it? They mentioned in T&C need fresh fund. I dont really understand

OPR is decided by BNM. The decision to raise or lower the OPR, domestically, it depends on the economy growth GDP, the inflation rate CPI, the exchange rate stability, globally it depends on FED policy on raising the interest rate or not. If US does increase the rate, there will be hot money flowing into US, Malaysia ringgit is going to depreciate further. BNM may need to raise the interest rate to counter the outflow. However, with slowing economic growth, projected to be 4 to 4.2%, raising the interest rate will further slowing down the economic growth. The new boss of BNM may look at things differently from Tan Sri Zeti.
A few of the members here are looking at the macro economic changes domestically and globally and monitor the interest rate. A few banks provide FD promotions are for their strategic and operations needs, has nothing much to do with the monetary policy

Hi. if ur FD is not matured yet, then u might want to uplift it or u could wait for it to mature. the Maybank efd doesn't need fresh fund (They don't check). Just place it under Conventional Fixed Deposit from ur savings/current Maybank account and set it as 12 months and interest credit to account. After placing, it will automatically show as eFD Promo.

eFD Placement Instructions

Which means existing eFD upon maturity or upliftment, then follow new process and automatically will go into new interest rate right?

Just to confirm before I proceed

If you uplift a non-maturing FD, be prepare to have penaly usually half of the given interest rate.

If your existing eFD placement is still in the 'cooling' period, you can uplift without penalty. Better check with the bank T & C. (For HLB- cooling period is 1 month. After that a big penalty sum.)

No CASA
Need to invest same amt with ASNB variable price products

bro keeping us in suspense. this is no pure fd as most commented yesterday.

In fact, I rec'd call fr BM when bz
Ask BM to call back after lunch

For 12 mth 5% ? Last time I got CB 1 mth 9.18% FD, RHB 6 mth 7.8%. Both with UT/ASNB tie up.

Anyway, most of forummer here more interested on pure FD.

If their T&C is fixed price ASNB funds, tis will b a double edge sword