Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Fixed Deposit Rates In Malaysia V. No.12, Strictly for FD Discussion Only

views
     
nbi
post Feb 26 2016, 12:33 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
public bank fd is due on Saturday, so going to lose the Sunday interest, right?

plan to move it to BSN fd 4.5% a year, if use banker cheque, will have another 3 days no interests for cheque clearance. so, plan to use pb counter service to transfer it.

any better suggestion?

nbi
post Feb 26 2016, 06:44 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
my hsbc fd experience (dec/15), could not redeem the fd on the maturity date. had to go next day again.

affin, hlb, pb, ocbc, uob - can redeem on the maturity date.

however, I didn't reconfirm those interest amounts paid. should be no 1day interest short gua.
nbi
post Feb 29 2016, 06:02 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(nexona88 @ Feb 20 2016, 10:05 PM)
sorry info from 1980 till 2009 only
http://financialfreedomhereigo.blogspot.my...posit-rate.html

after 2009, u needed to search  icon_rolleyes.gif
*
rclxms.gif rclxms.gif rclxms.gif


Attached thumbnail(s)
Attached Image
nbi
post Mar 1 2016, 06:20 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
RENTAS transferred from bank A ~10.30am, then during lunch hr, found bank B received aldy.

managed to open fd on the same day wink.gif

This post has been edited by nbi: Mar 1 2016, 06:35 PM
nbi
post Mar 1 2016, 08:37 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(bbgoat @ Mar 1 2016, 08:22 PM)
Tomorrow plan to withdraw OCBC FD. Then KWSP self contribution max amt. Rest goes to RHB 4.45% 12 mth.

Also has SCB 4.25% mature later this month. Will move to BR for 2 yrs 4.55%. Unless better promo comes up.  biggrin.gif
*
follows u, max kwsp once fd mature.
nbi
post Mar 2 2016, 12:52 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(sevendogz @ Mar 2 2016, 12:44 PM)
what I meant was lack of info for the brand and size of the free luggage bag..
*
got this one from ocbc last time

This post has been edited by nbi: Mar 2 2016, 12:52 PM


Attached thumbnail(s)
Attached Image
nbi
post Mar 2 2016, 03:33 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(ikanbilis @ Mar 2 2016, 03:10 PM)
I will put my money in different banks even if getting lower FD rates bcoz the pidm coverage is only 250k per person per bank. brows.gif
*
BSN - Is this fixed deposit account insured by PIDM?
No. Instead, your deposit is 100% guaranteed by the government under the Bank Simpanan Nasional Act.

source https://ringgitplus.com/en/fixed-deposit/BS...#ReadMoreReview
nbi
post Mar 8 2016, 02:45 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(cklimm @ Mar 8 2016, 01:59 PM)
Latest from CIMB, 100k for FD 4.68%, another 100k in CIMB preferred current acc, free 24k fish and 1 year cimb preferred membership
read T/C http://www.cimbbank.com.my/content/dam/cim...mb-fd-final.pdf
*
QUOTE(Ramjade @ Mar 8 2016, 02:12 PM)
Which will effectively lower the effective interest rates.
*
this plan (100k fd + 100k in current acc) after 3 months

u get effective interest ~3.06% pa + a gift price rm688
nbi
post Mar 11 2016, 12:21 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
ALL YOU NEED TO KNOW ABOUT OVERNIGHT POLICY RATE (OPR), BASE LENDING RATE (BLR) AND BASE FINANCING RATE (BFR) Overnight Policy R

http://www.cimbislamic.com.my/content/dam/...LR_BFR_Info.pdf
nbi
post Mar 11 2016, 01:57 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(voc888 @ Mar 11 2016, 12:26 PM)
Went to BSN to make placement for the FD Promotion Rate @ 4.5%. No basic bank account needed, just open a FD account with interest payable on maturity. I guess I was lucky 'cos the whole process only took me 30 minutes.

Payment was done by personal cheque, effective date of the FD is 3 days later ie 14/03/2016. Checked this with the bank officer, this is 'cos FD will become effective only after cheque clearance, it this normal for those who has make same placement with BSN ?

Btw, was told by the bank officer that today is the last day for promotion rate 4.5%, new promotion rate 4.3% applicable from next week.
*
that's why I used RENTAS to transfer funds to bsn. i was able to open fds on the same day.
nbi
post Mar 11 2016, 03:54 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(WhitE LighteR @ Mar 11 2016, 03:14 PM)
is there any guide i to perform RENTAS that i can read on? I not familiar with this form of transfer. Thanks
*
nothing special, just one kind of fund transfer services offered by bank, other than ibg, banker cheque, etc.

http://www.bnm.gov.my/?ch=en_press&pg=en_p...&ac=563&lang=en
nbi
post Mar 11 2016, 05:25 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
recently I lost 2days interests due to fd maturity date is on Saturday.

any available rules not to give bank free money that way? if none, maybe should ask bnm to enforce such rule, so that banks automatically pay those weekend interests.

This post has been edited by nbi: Mar 11 2016, 07:00 PM
nbi
post Mar 14 2016, 07:35 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(bbgoat @ Mar 14 2016, 05:46 PM)
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 ! tongue.gif So added cash RM500 to get the FD renewed to current promo rate.  biggrin.gif

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.  rclxms.gif

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.  rclxm9.gif Wait for me, BR !  biggrin.gif
*
That's problem. hv to ask. who knows.

anyway, opened bsn 5 years fd at 4.75% pa. lazy to move around.
nbi
post Mar 15 2016, 02:36 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(yygo @ Mar 14 2016, 08:04 PM)
bro, ask means tell them u got fd matured on sat/sun/public holiday. open mouth saja. devil.gif
*
claimed back the weekend interests from pb. wink.gif
nbi
post Mar 18 2016, 03:15 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
pb FD maturity banker cheque costs 68sen if no name change.
nbi
post Mar 18 2016, 04:29 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
hlb fd "subject to cheque clearance" term

will the effective fd duration less cheque clearance days? consequently, lesser effective interests.

eg, cheque clearance 2days, then effective duration for a 3m fd is (3m - 2).


Attached thumbnail(s)
Attached Image
nbi
post Mar 29 2016, 03:11 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(bbgoat @ Mar 29 2016, 02:31 PM)
Just back from BR. Placed nego FD 12 mth at 4.5% with monthly interest. Received gift from branch as attached.

They are requesting extra gifts for BR Xclusive Club members from KL, gold coins and other stuff etc.  drool.gif  drool.gif  Will call me once received. Can send to my house but thinking twice about someone sending to my place ....................................

Cross 10K Karat Gold Filled Ballpoint Pen

[attachmentid=6261421]
*
good return FD... should hv considered br earlier
nbi
post Apr 5 2016, 04:17 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(bbgoat @ Apr 5 2016, 08:38 AM)
Let us know once they replied you. Whether they give u what u have asked for, the 4.5%.  hmm.gif

Today again received MBB's GIA-i interest, exactly 4% again !  thumbup.gif  However this is the 6th month, so looking forward to next mth for 4.5% interest.  rclxms.gif Even later 6% !  drool.gif
*
this mbb GIA-i plan still available?
nbi
post Apr 15 2016, 03:31 PM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
QUOTE(lamode @ Apr 15 2016, 01:53 PM)
For CIMB, placed FD with Jalan P. Ramlee branch last week, ~50k.

managed to nego 4% for 3 mths.
not display anywhere, didn't ask the min to qualify for this.
*
hlb 3m 4.2% pa ended?

This post has been edited by nbi: Apr 15 2016, 03:32 PM
nbi
post May 27 2016, 11:14 AM

Getting Started
**
Junior Member
258 posts

Joined: Sep 2006
affinbank kl area


Attached thumbnail(s)
Attached Image

2 Pages  1 2 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0601sec    0.56    7 queries    GZIP Disabled
Time is now: 1st December 2025 - 08:13 PM