It took more than 8 minutes to transfer a call from RHB call center to
a RHB branch...

RHB right now does not have any FD promo..

According to RHB, maybe need to wait until April to see
if any FD promo or not..

Thank you very much for the updated info. My FD matures tomorrow and the timing could not be better.
I might overlook this and end up going for much lower FD promo without your updated info

Called BR. They currently have 2 promo. 12 mth 4.28% and 2 yrs 4.55%.

Asked for 12 mth 4.5%, getting HQ approval. Likely to get it based on what I was told.

As to the 4.55% promo with SMS for contest/lucky draw, if have 2 certs of 50k each, then allowed to have 2 entries. Meaning 2 SMS for the contest/lucky draw. This is to answer one question that was posed short while ago by one forummer.

This post has been edited by bbgoat: Mar 21 2016, 02:32 PM

Thank you for the great information. Unfortunately my FD matured on early of April....

This post has been edited by netbuzzchin: Mar 21 2016, 03:04 PM

i have already banned this one with their bad corporate culture/practice across the board.

Nice nice. My next FD to mature end of March is in UOB! Hope to see higher rates in other banks.

Guys, need to confirm one thing on FD vs home loan.

Short story, I have an ongoing full-flexi home loan with linked current account. If dump into the current account, the amount will offset the home loan interest. At the moment, my home loan interest is BLR - 2.45% = 4.15%.

So, I think I am not wrong to say that I should continue putting into FDs that have higher rates than 4.15% rather than dumping into the flexi-loan right? Settling the loan is not an issue as I can settle it anytime but rather need the liquidity for other purposes (the monthly fee of RM10 is also minimal and is not a big issue).

This post has been edited by kmarc: Mar 21 2016, 03:50 PM

UOB 4.5% valid until when?

This post has been edited by nitehawk: Mar 21 2016, 04:06 PM

For the Maybank GiA, is it as long I have a maybank2u account I can deposit my saving into GiA directly online without going to the counter?

I've just applied a saving account at maybank for this purpose.

Since the FD interest rate is trending down, you are not wrong to lock your money at 4.5%p.a. for the next 12 months. The 4.15% loan can wait since it is cheaper.
BTW, 4.15% for a housing loan is ridiculously low, you absolutely sure about it?

Right thx.

Errmmmm... wait wait. Now I'm a bit confused. Hehe.... my loan was in 2011. BLR-2.45%. At that time, BLR was 6.60%. Now banks use BR. So what is the current BLR?

Blr is 6.85 at the moment with no opr revision ..so u r getting 6.85-2.45=4.40 ...

Cool. Thx. Guess I will go for FD if only the rate is 4.5%. If not, dump into home loan and wait for next opportunity.

Forgotten to mention uob increased by 0.11 and ocbc 0.07 extra...=|

stated at BCC's post:

Valid until end of March

Don't understand. You're referring to FD rates?

Actually I can just issue a cheque from my home loan current account and put in UOB FD this week for 4.5% then uplift the matured FD next week and dump into home loan account. Still fresh fund! Just that lazy to go twice......

HE basically meant this
Beside the normal rate 6.85 BLR.. some bank already rise it in January
http://business.asiaone.com/news/foreign-b...-cost-borrowing

Why la my area no UOB ????????????????????????

Thx for the link. Now I understand. In that link, it was also mentioned that HSBC was also planning to raise rates. However, after some googling, it looks like HSBC didn't raise the rates. Phew!

In that case, I think I better dump back into home loan first. FD next time.

This post has been edited by kmarc: Mar 21 2016, 10:33 PM

Lets see 2bd half 2016 only make decision.. hehe

But I still think OPR likely to go down after 2nd half of 2016.