RHB giving out 4.45% p.a. is worth too...

How is the rate of the efd of BSN, AMbank as mentioned by you? Just wondering do i miss out anything.

Wow, how come i don't get any free trolley bag, I've placed my FD on around Nov 2015 too.

My dad also received this trolley. The handle feels a bit plasticky and can pulling it up and down don;t feel smooth. Seems like a cheap build to me

Don't know about BSN. But Ambank is 3.15%. You will have to choose Islamic efd. For conventional, they still require min rm5k.

Able to place and uplift online

Alright, thanks! MBB is more convenient for me in this case can do it online for GIA RM1k for 2mths and get 4% p.a.

Hi guys!
Got a small question, I got some extra funds parked at SG account. Thinking to put in Malaysia FD since it offers better rates, as I needed the money in next year perhaps.

How does the process of opening a FD account?
Do I need to carry let's say 30k cash to the bank? because I don't have an existing account for let's say RHB.

I'm thinking to put into PublicBank, since I had an account there. So the procedure is to transfer funds to my SA first, then I visit the branch to open a FD?

Thanks!

This post has been edited by Dixon93: Feb 24 2016, 10:05 PM

You can TT to the local bank saving/current account first, then proceed to place the FD.

It still will be deemed as fresh fund as long as one placed the FD within days of money credited into SA, whereby one can get promotion rate through fresh fund FD placement.

This really helps. thanks alot!
Will go ahead on PublicBank Promo

With 24 months, can rest an extra year before moving the funds


This contest Problem is, I do not know if I should send a SMS each for RM 50k FD & increments of RM10k:
http://www.bankrakyat.com.my/akaun-deposit-i-berjangka

Late last month, I would have been happy to trade with you and both of us would have a win-win situation, but now I don't have spare funds. Maybe you can find someone else to trade, and of course, very importantly, there must be trust.

Might look into it. Place into 2 months instead of my normal monthly efd. However is kind of unpredictable for me. Sometimes I might need the money suddenly.

This post has been edited by Ramjade: Feb 25 2016, 09:47 AM

For the RM 3.39 profit you received, the profit rate is 3.39/1000*(366/31) = 4.002% which is the published GIA-i indicative profit rate

Maybank 4+4 FD promo already finished quota.

New promo campaign is

1) 2month
1st month 3.55% p.a.
2nd month 4.35% p.a.

Effective 3.95% p.a.

2) 12month - min 10k

4.22% p.a.

As far as I know BSN does not offer eFD. As for GIA, you can withdraw the money at anytime, so it does not really matter what tenure you choose. You just need to remember to uplift it manually.

Managed to place HLB Term Deposit-i 6mths @ 4.5% today. Apparently, interest is only paid UPON maturity and not monthly Different with MBB GiA where you earn interest on your interest if you opt for monthly interest payout.

I thought Islamic pays monthly interest geh? Any sifu can clarify this?

Anyway, they put "SELLING PRICE" as the maturity amount .

This post has been edited by michaelho: Feb 25 2016, 04:32 PM


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the GIA that we r talking about is GIA-i right? I am just curious why so many sifus putting their money in GIA-i when the principal is not guaranteed

This post has been edited by babysiew: Feb 25 2016, 04:36 PM

yup the 12mth 4.5% that MBB offered couple of months back.

This post has been edited by michaelho: Feb 25 2016, 04:36 PM

any link? thanks.

Btw, can we select 2 months and still get 4% or we need to select 12 months?