Give you some free time to reply forums while waiting....

Try going to the bank when its during peak period, ie few days before Raya or CNY! 

But then again, the 4.5% interest rates are still unrivalled. No conditions, no need to open any accounts, no need for CASA. Just walk in with your IC and bank draft and done.  Oh and if you intend to transfer / ibg over, you need to have an account with them first before you do that. Otherwise, bring a banker's cheque.

Can I give them cash? They accept?

Yes they accept . Just placed mine today

Can I give them cash? They accept?

Yes they accept . Just placed mine today

Seems like Affin still the most favourable......

sorry guys newbie here,
just to share what I been advise from a PRO FD investor.

was told if you have large amount of excessive money and not good on share market. The ways to make some additional CASH from bank is through FD.

This PRO had about few millions in FD. He share with me how he make the money grow in FD. Earlier was heavy lost on unreliable share market and he is not good on it. So he workout a better and guarantee return investment.

the formula what he told me as below:

presume the FB interest is 1 month 3.25% and compare 3 month 3.30%.

month amount interest rate        total
1        10,000.00  3.25% 27.08  10,027.08
2        10,027.08  3.25% 27.16  10,054.24
3        10,054.24  3.25% 27.23  10,081.47
   
   
   
month amount interest rate        total
3        10,000.00  3.30% 27.50  10,027.50
Most of the banker will approach you by offer you a higher interest for longer period such as 3 months onward.
But when you work out as formula above, actually if you put in 1 month FD you could earn better. (if you put the interest add in, auto renew).
And additional benefit for short term is you could withdraw any time when u require without loosing half of the interest profit. Let say tight up 6months or 12 months, and emergency need CASH.

This PRO although he is CASH cow, he still prefer split his MONEY is several FD. (he told me about 100 over piece FD document).
If any bank have special promotion you can withdrawn ASAP and reinvest even within same company BANK.
Just my humble sharing, if any above is inaccurate please ignore.
apologies for in convenient cause.

Can I give them cash? They accept?

Can I give them cash? They accept?

sorry guys newbie here,
just to share what I been advise from a PRO FD investor.

was told if you have large amount of excessive money and not good on share market. The ways to make some additional CASH from bank is through FD.

This PRO had about few millions in FD. He share with me how he make the money grow in FD. Earlier was heavy lost on unreliable share market and he is not good on it. So he workout a better and guarantee return investment.

the formula what he told me as below:

presume the FB interest is 1 month 3.25% and compare 3 month 3.30%.

month amount interest rate        total
1        10,000.00  3.25% 27.08  10,027.08
2        10,027.08  3.25% 27.16  10,054.24
3        10,054.24  3.25% 27.23  10,081.47
   
   
   
month amount interest rate        total
3        10,000.00  3.30% 27.50  10,027.50
Most of the banker will approach you by offer you a higher interest for longer period such as 3 months onward.
But when you work out as formula above, actually if you put in 1 month FD you could earn better. (if you put the interest add in, auto renew).
And additional benefit for short term is you could withdraw any time when u require without loosing half of the interest profit. Let say tight up 6months or 12 months, and emergency need CASH.

This PRO although he is CASH cow, he still prefer split his MONEY is several FD. (he told me about 100 over piece FD document).
If any bank have special promotion you can withdrawn ASAP and reinvest even within same company BANK.
Just my humble sharing, if any above is inaccurate please ignore.
apologies for in convenient cause.

As mentioned before affin bank Cheras offer 4.5% rate . May I know is refer to affin bank Taman midah Cheras or Taman maluri Cheras

Malaysian interest rate could be cut in December: StanChart
http://www.thestar.com.my/business/busines...e-in-september/

Malaysian interest rate could be cut in December: StanChart
http://www.thestar.com.my/business/busines...e-in-september/

So can relax a bit first lah.....
Slowly find some good deal to lock in