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

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).

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

I've just deposited with Maybank GIA-i.

Just wondering, since that they calculate the profit by daily basis (and profit is given monthly), no penalty for early withdrawal, then what's the purpose of the tenure? I mean I can just set 60 months and then withdraw at any time right?

Call or give them a visit to confirm.

Fresh fund. Fresh fund which means money must not come from RHB usually minimum rm10k. Say I want to put FD for the whatever promo rates you have. If you know the rates, even better. Make their work easier (if they are running >1 FD promo). Ignore any offers for UT/insurance (bank workers love selling products - you might get those offer if your FD value is large)

In the event need to open SA. Ask for BSA. Is FOC. Need only minimum rm20 inside. No need to pay anything. (usually banks will not give you BSA as they need to reach target for their other SA and they cannot earn anything from that BSA). This applies to all banks (free BSA). If they refuse to let you open BSA, threaten you will complain to BNM and they will give you a BSA.

Usually they will auto-renew back to board rates (3.x%) unless you specify that you want the money moved to your RHB SA. So if you don't remove the FD, you will be getting only 3.x% while maybe they/other banks are running a new promo giving 4.x for the same duration. Letting it auto-renew makes you lose out ~1% to banks.

Hope this answer some of the questions. For other question wait for other forum members.

Since you have a pay&save savings account, maximise it to earn>4.5% when banks are not giving 4.5%FD anymore.
http://ringgitstretch.blogspot.com/2016/03...e-interest.html

Let us know once they replied you. Whether they give u what u have asked for, the 4.5%. 

Today again received MBB's GIA-i interest, exactly 4% again !    However this is the 6th month, so looking forward to next mth for 4.5% interest.  Even later 6% ! 

All up to the banks. They would take their time to assess the situation &  to adj their board rates.

Existing placement will not be affected (only if goes down, then step-up rate may be affected depending on banks). We lose out ! 

I'm trying this too after reading on the "benefit". Is the benefit a bug or feature of MBB GIA-i ?

other than UOB, any banks offer online FD with more than 4% interests?

We need to spread money in few banks, so it will be "fresh" funds when the FD matures. That's why I only will see 6 months promo FDs, easier for me to swap over.
Economy won't be anytime better, at least for the next few years. So FD rate will remain higher than normal.

Is the Maybank eFD promotion not many sign up? Looks like not too much mention on it.