Anyone heard of HLB Every Gain FD? Minimum 3 years tenure no minimum amount at 8.xx%?

Need to bundle with other products?

I just received call from their sales ppl, I ask for more info but he insisted on meeting up to give details. Normally, I prefer to know more details before meeting them. No point wasting each other time. That's why I ask here.

I just received call from their sales ppl, I ask for more info but he insisted on meeting up to give details. Normally, I prefer to know more details before meeting them. No point wasting each other time. That's why I ask here.

Sounds more like HLA EverGain product. Are you sure it's Hong Leong Bank? Or Hong Leong Assurance? 

I think in short, we cannot simply stereotype the different levels of wealth of people.

For the poorer people, there are those that still spend like there's no tomorrow & still don't bother to invest or keep in promo FD rates.
For the rich, there are still some who are super stingy who don't even own a car. Some are so caught up with work/business they don't even know what is priority banking / promo FD.
For the ultra rich, I have observed some who go the bank with bodyguards or send bodyguards to do transactions. But I have even seen a minister (who always wears a bowtie) still withdrawing money from an ATM!

Sounds more like HLA EverGain product. Are you sure it's Hong Leong Bank? Or Hong Leong Assurance? 

People being people are very different in their behaviour. Who said our Captain not chasing for high FD ? Why did he has the blog on FD ?

I know of someone in Penang in construction business, having multiple wifes who drove Proton Wira himself. I asked him why, he said no point driving expensive car. His company is in the KLSE main board, he is the CEO !

Anyway, we all perceive returns from FD differently. 

I think I read at one time our Captain said because of his 'status' in UOB, he gets to renew his FD at whatever promo rate there is or maybe even better? 

Waiting to reach his level only, at the moment I can say priority banking at SCB, Ambank & BR is not much use except for skipping queues & yearly diaries/ang pow packets.

Thats why it is said time and time again, if you haven't reach that level, you won't understand.  At that level, it is called "optimisation" rather than maximisation.  Reach that level first, then come back here and tell us your experience.

Only one to two person here, there's one who has a blog, reached that level.  You can tell by they way they post and see their thinking process.

Premier that good meh?  Isn't private banking better?  Seem to see MBB focussing on Premier rather than Private?  Like above, premier is bread and butter biz rather than private.

frankly, MBB private banking sucks, so is HSBC premier.  nevertheless, MBB private got alot of aunties who parton and bank in a lot of cheques.  Each check that i get a glimpse are usually all 7+ figures (excluding the .00).  Those I see patron HSBC premier are those 20+ something young girls banking in 200k+ cheques.

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?

To ALL: Maybank

3.9% for 2 months.

4.28% for 6 months.

4.38% for 12 months.

And for big depositors, I have a tip for you as to which bank may give you 4.5% for 12 months besides BSN - visit my Fixed Deposit Page to find out and be rewarded 

Perhaps few FD certs each having min rm1m or maybe like unker goat where difference in few days of interest = one dinner for the family?

Personal figure of rm10m should be enough. You can't spend finish rm10m unless you gamble it at Vegas.

I went maybank  on 26 February, they told me the 4+4 FD promotion (4.38%) ended, and the new rate is 4.22 for 12 months.

And now it become 4.38 ?? !!!!!!    

An additional RM10,000 in interest return in a year is nothing?

The more millions they have in FD the more they must pay attention to the rate.
3.45% or 4.5% can give additional RM100,000 a year!

If that person is putting money in FD, then he/she should be particular about 3.45% or 4.55%. BIG difference in terms of interest for BIG amounts. Saying that person don't care of the interest, well then he should not be putting the money in FD.

Well... there are all type of forummers here. Some speak irresponsibly without thinking. I doubt that said guy would have millions in his bank account either.

wat is the investible amount for one to consider "u have make it" in your view?

Whatever amount you set, the euphoria only last for a few days after you achieve it, then you will start seeking for another amount,
nothing bad about this,  it keeps the mankind from rust.

Good !   

Please add in more info as time passes ! 

sorry one more questions!

Total Relationship Balance consists of

1: Advance Acct balance + FD = min 30k
OR
2: Advance Acct balance = RM 0.00, FD min RM 30k

if i choose only no: 2, can enjoy 5% p.a. or not .....   thanks

i think the adv acct must be >=30k, then u can place a separate FD for 5% pa for 3 months

i m ok with islamic FD just that I want straight conventional FD, not those GIA or commodity related.

For the maybank 4.22%, can only apply through counter?

Thank you for your support & encouragement. I just updated my blog with more info. Do check it out at http://ringgitstretch.blogspot.my/

Thank you for your support & encouragement. I just updated my blog with more info. Do check it out at http://ringgitstretch.blogspot.my/
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1: Advance Acct balance + FD = min 30k
is correct.

You do not need a separate RM30K in your advance account to qualify. More info about the HSBC Advance 5% promo can be found on my page on FD promo at
<a href='http://ringgitstretch.blogspot.my/2016/03/...march-2016.html' target='_blank'>http://ringgitstretch.blogspot.my/2016/03/...march-2016.html</a>
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What do you mean by that? GIA-i is different from conventional FD/TD-i as it is based on profit sharing but murabahah commodity related islamic FD is pretty straightforward. It works pretty much like conventional FD.