takes 30 min to absorb but very confusing as well..... understand some bank offering high rates.... but heard some of my friends said not reliable etc.....

thats why ask opinion from here.... maybe can follow sifu foot steps haha

uob bank direct fd? wats tat?

Called UOB PB centre:

5 mth 4.05%, 10 mth 4.18%, min 10k, till end March

promo rates going down .....................

Ya, no 12 mth promo from UOB based on what I heard. Only 5 and 10 mth FD promo. 

So OCBC beating UOB with their 4.3% 12 mth FD. Even MBSB advertising at lower FD promo rates in the newspaper.

Trend seems to be lower FD promo rates. Big Bones will be disappointed. 

not taking rhb 4.45%?

Did CIMB issued new FD cert/slip which showed 4.2% rate ? 

Should complain on this. Better to get new FD cert/slip when renewed at "special" rate. Like BR agreed to give me 12 mth 4.5% for expired FD, they print out new cert for me.

If no b&w, how to prove? The teller can said I didn't said it.

Wow.. highest interest rates offered so far is by CIMB. 

In PBB to uplift FD which matured on last Sat. The counter leng lui asked me to top up 2k to enjoy the new 4.3% (eff rate) promo. Told her did not carry that amount, then go down to 1k. Said no again. Settled at nego RM500 top up ! So added cash RM500 to get the FD renewed to current promo rate. 

As to 2 days interest, asked her about it. Paid cash for the 2 days interest. Not bad. So have to ask PBB if your FD matured over the holidays. 

Earlier called BR, starting on Wed, their new FD promo is 4.28% for 12 mths. Still slightly lower than the 4.3% of other banks. But can nego if your amt is high. Plan next week to go for the 2 years 4.55%. Hopefully they are not cancelling it  next week !

The trend is banks are cancelling the 4.5% FD promo !! Be it reach their limit or not, hard to say. BSN, even RHB's 4.45%, all gone. Right now BR's 4.55% really attractive.  Wait for me, BR ! 

Today BR told me on Wed the new FD promo is 12 mth 4.28%. So if sum is large, may be worth it to cancel it on Wed and get the new rate. 

Hi all, a newbie here to ask question...

After reading the thread, was wondering if we using a banker's check for FD, what is the payee name to write on the banker's check if you don't have a account for the new bank?

Thanks in advance!

UOB 4.5% valid until when?

Just came back from UOB Puchong. Placed 12 months @ 4.5%pa.

Then went to OCBC to withdraw a matured FD. Took 40 minutes just to conclude an FD withdrawal. I do not understand why I have to go through Personal Banking counters, before proceeding to the normal transaction counter to collect. I blew my top when after waiting for close to half hour, someone who just came in, took a number and immediately his number was called. I went to the girl who was issuing number and asked "Why I do have to wait for a personal banker just to conduct an FD withdrawal?". Straight away she went to a guy colleague who then went to a counter to call my number. WTF service is this. I can't wait to have all my FDs matured in OCBC before withdrawing. 

Do i need to have a saving account with them to open a FD account?

No need open savings account so you just deposit and get the cert? That day the girl kept insisting that I must open a savings account and they must issue an ATM card and online pin to me. I keep asking the reasons and they said now is the standard practice. I told them not all banks required and she insist. So I have no choice but just to open. Opening account took me 45 min but then processing FD at counter only like 5 min. If opening account not necessary then I'm going to write in to them asking why the inconsistency.