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

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talfred
post Apr 18 2016, 10:34 AM

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Hey guys,

Saw this on M2U

http://www.maybank2u.com.my/WebBank/edFlexi250316_tnc.pdf

10-12 months 5.75%?

What I don't get is the definition of Multi tiered.. can someone explain?

i.e. the interest rate changes monthly? or it means if you FD min of 10 months your entire tenure is 5.75? Too good to be true?

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