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

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. 

12month rate 4.28% can nego till 4.5%?
what about the 24m 4.55% if can nego up 0.22%, wow wow..

that uob 4.5% for 12 m also pays monthly interest?

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 crude oil rebound send some relief to oil producing country.. well, i dunno wad will happen to the economy in the next 1 year, but as u know, i am a bear bear for now..

Gold is still maintaining its composure above 1200..

Since UOB still can offer 4.5%, it could mean something later on.. who knows ? Soon most bank will revert back to 4.5 offer again..

Want to put for 1 year only. So did not want to nego for 2 years. BR at the beginning said no nego for promo rate. So they came out with 1 year 4.28%. But this time still nego based on that. But it is for large funds for the 4.5% rate. So still can nego for their promo rate. 

UOB 12 m, do not pay monthly interest. That is BR's advantage. 

Well, I don't think other banks will follow suit with UOB. Note that UOB came out with this 4.5% only short while ago, until end of March. This was after ALL banks have ceased their 4.5% 1 year promo. So it could be UOB in need of funds ?

But the trend is not encouraging. BR is also ending their 2 years 4.55% by end of March. 
Received call from BR. One year 4.5% with monthly interest approved. 

May be too many depositors move elsewhere for their matured FD from the bank, as the bank's rate was lower than others...
So need to put up higher rate to attract/retain depositors back.

under what condition the monthly fee will be charged?

Well, I don't think other banks will follow suit with UOB. Note that UOB came out with this 4.5% only short while ago, until end of March. This was after ALL banks have ceased their 4.5% 1 year promo. So it could be UOB in need of funds ?

But the trend is not encouraging. BR is also ending their 2 years 4.55% by end of March. 
Received call from BR. One year 4.5% with monthly interest approved. 

Most home loan current account charges rm10 every month. It is automatic.
Nice. I never tried BR before. Maybe next time go see see....

Ic.. Home loan noobie here. So what's d advantage u get by creating a current account that links to your home loan ?

UOB 4.5% is effective interest rate for 12month period?

cool. i'm new to FD. is it advisable to put in different banks??

cool. i'm new to FD. is it advisable to put in different banks??

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

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

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

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