I emailed BR about the  4.55% ,24 month FD got monthly interest or not, he did not gimme the answer, may he be missed out.

Does anyone know if that 24month promo FD 4.55% gives monthly interest??

also, 5 yr FD at 4.9-5.2% ilek...

yeah done. monthly interest.
yes. hope  still available when my SCB FDs due in early Apr

Send SMS to join the BR's contest ?

Come on... don't try to assume what the rich ppl is doing... high nett worth ppl no need to go to the bank... they have personal secretary to do it la.... bankers come to their office... my boss is top 50 richest in m'sia... the ppl u see at those premier/ private banking is normal rich ppl only.

Thats why it is said time and time again, if you haven't reach that level, you won't understand.  At that level, it is called "optimisation" rather than maximisation.  Reach that level first, then come back here and tell us your experience.

Only one to two person here, there's one who has a blog, reached that level.  You can tell by they way they post and see their thinking process.

Premier that good meh?  Isn't private banking better?  Seem to see MBB focussing on Premier rather than Private?  Like above, premier is bread and butter biz rather than private.

frankly, MBB private banking sucks, so is HSBC premier.  nevertheless, MBB private got alot of aunties who parton and bank in a lot of cheques.  Each check that i get a glimpse are usually all 7+ figures (excluding the .00).  Those I see patron HSBC premier are those 20+ something young girls banking in 200k+ cheques.

that  important point needs highlight.
Small FD eg  RM1000, rate difference not important, 3.45% or 4.5%
nothing much to lose..

However i was quite annoyed by those who pretend to speak your mind earlier,
saying if you already have tens of millions in FD, you wont bother be it FD rate 3.45% or 4.55%

That is kind of silly.
An additional RM10,000 in interest return in a year is nothing?

The more millions they have in FD the more they must pay attention to the rate.
3.45% or 4.5% can give additional RM100,000 a year!

if people have the attitude already have millions , wont bother value of  RM10,000 
i doubt they have reached there, by  own effort.

Its good that you didn t come out sounding like what they have said ..

People being people are very different in their behaviour. Who said our Captain not chasing for high FD ? Why did he has the blog on FD ?

I know of someone in Penang in construction business, having multiple wifes who drove Proton Wira himself. I asked him why, he said no point driving expensive car. His company is in the KLSE main board, he is the CEO !

Anyway, we all perceive returns from FD differently. 

This morning in SCB PB centre to withdraw FD. 10 minutes kaotim. Good ! 

Moved to BR 2 yrs 4.55% with monthly interest. No gift left, just towel. 

Next week will be placing for 1 yr 4.5% with monthly interest there. Asked about gift. The officer said will ask from HQ gold coins, golf clubs etc. He said Exclusive Club of BR has exclusive gifts for members.  But he has to ask from KL. Take note of this for those who are the BR Exclusive Club members ! 

Complained about Penang island's gift not as good as in other branches during CNY. He said will feedback to the committee. 

how to get Bank Rakyat get  Xclusive membership card ?

Ha Ha..    This is very funny...   

Really hate to have FD matured on 1st of the month, especially big funds (to me but sub sub sui to others  ). Have to call to know the latest promo:

UOB:
4 mth     4%
9 mth     4.15%
12 mth   4.3%

OCBC:
9 mth      4.15%
15 mth    4.3%
Promo, existing fund just top up 10k will do

AmBank:
3 mth       4.1%   min 10k
9 mth       4.15% min 20k

HL:
3 mth        4.2%  min 10k

CIMB:
12 mth      4.3%
Last week CIMB still can give 4.35% for large deposit, this mth, no more. Max 4.3% !

After considering the amt for my FD (in SCB), decided to go back to BR. Called to get nego rate of 12 mth 4.5%. Got the approval from BR HQ 15 minutes later.

So, went to SCB to withdraw FD. Last week, getting the CO in 10 mnutes. Today, still no people in the PB centre, 35 minutes !! Asked why took so long, told as relatively large, need more signature.  So the time taken is related to the amt of FD !! Shxx !! 

Went to BR. Lots of people there. Was greeted by the officer and jumped queue. Given one more Cross pen as I posted on Tuesday. More gifts like gold coins coming from HQ ..................

Simple, the government wants to give benefit to SSM, and secondly want to collect income tax
from internet seller later..

So, the best 1 year FD rate is 4.3%? If to omit BR..

I have answered that before. That BR Xclusive Club do not assign RM like other banks. Anyway I am in Penang.

You can visit BR branch if u do not want to call up a general line and talk to the officer, ABM or even BM. Nego few days before your FD mature date (in other banks).

Their gifts wise used to include Parker pens but this Cross pen seems to be of better quality than the Parker pen they gave out to me before. Other gifts include laptop bag, backpack, towel, cups, manicure set (nice one) etc etc. These are just bonus to me. 

Let know what rate u got ! Good luck ! 

What was the answer at that time:
"5 minutes later got an answer"

You can ask for multiple gifts. The Cross pens seems to be a premium gift. Ask for other gifts that I stated earlier. The Parker used to have 2 types, one cheapo and another one more expensive but I think the Cross pen is better quality.  They may not give unless the deposit amount is higher. Hard to say, just ask ! 

I don't think I am the one. I have only nego with them in January for matured FD for 4.5% and the recent 4.5% with gold coins !   

You are their Xclusive Club member also ? Their HQ supposed to have better facility for Xclusive  member ? 

Oh okay, that was the time when I started to reduce my FDs with them. With this cutting queue privilege, worth to top up back to 300K.

Wow, carpet some more. VIP lane ! The Penang branch that I went don't have that.

Anyway today 2 of my relatives went to place for 12 mth 4.5% that I nego'ed last Friday. 

How come you guys gets all the free gifts. I never get any from them. Angpau packets got lar...during CNY. 

So did you get the 4.5% for new placement ? 

Gift wise, some branch may finished their stock. For Xclusive club, they have to get gift from HQ (more unique than towel etc). 

What 1 or 2 days ? My branch got the approval from HQ in 15 minutes ! 

Gary, Thanks for reminding this..
After all my SCB FDs become mature, I will withdraw all FDs from SCB.

How to avoid SCB to charge us RM 100   after we withdraw all our monies? 

Or can we request to terminate our priority banking status before we withdraw our
FDs..?  So that we will not be charged RM 100..   

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% ! 

Thanks Gary for sharing this valuable info. 
I will do the same..

bro, would you tell us the amount you placed in getting 4.5% in br?

unker, wat u put in to get 4.5%?
unker bxxx

Didn't know about this. Thx. So u are another BR regular now.