does bank rakyat have any connection with 1mdb?

Thnks bro.....hope they can last until then

A lot of FD promos were intended to end this Month End but some banks pulled back their offers and ended it last Friday. 

Both answers are correct as it depends on the situation of the depositor.
For a depositor without  current (cheque) or savings accounts, of course it is impossible to credit interest monthly, or even on maturity with principal.
To benefit, pay full attention and understand the details and steps fully.
Open a savings account with atm card and internet banking.
When placing FD, the principal need to be 5 k and above, and for 6 months and above to qualify for monthly payment of interest. You must not forget to specify on placement the savings account number for monthly payment as the default mode is no monthly payment.
For the current FD promo of 12 months minimum 5k, you can only specify for monthly payment if you have either a savings or current account - which you rectify by making one immediately if new to Bank Rakyat.
The minimum amount to be maintained in the savings account is RM 10 (not counting ATM card fee).
Normally, the best options are to credit interest monthly. Principal to credit to savings account on maturity. Do not ever specify add on interest to principal for auto renew as it will be at lower board rate, and you will lose interest if uplifted early to place into another promo later.

At the bottom left of the SIJIL DEPOSIT-i BERJANGKA, confirm that it is printed
51 AKAUN DEPOSIT-i BERJANGKA (IND - MTH)  which indicate it is monthly payment of interest.

Bank Rakyat FD program is intelligent enough to adjust the maturity date to avoid weekends and known holidays.
The final amount (principal+all interests) is printed as:-

Adalah dengan ini disahkan bahawa Bank Rakyat memberi akuan dan jaminan akan membayar berjumlah
RM.....xxxxx.xx.......pada tarikh matang yang tersebut di atas kepada:

Depositor name (IC no)  OR
Joint Depositor name (IC no)

The guaranteed amount minus the principal (JUMLAH PELABURAN) is the interest. The interest will usually be paid in full in 12 months in this promo. In  some cases, due to the extra days, there will be one extra payment on the TARIKH MATANG. All calculations are based on 365 days for the rate i.e 4.38%.

By the way, it is a bit strange how folks mention end of month. last day of month, or 31/7. To avoid disappointments and mishaps, it is not just doing things earlier when you have the funds. Learn how to use the calendar as a habit.
Friday 29 July is your last chance at Bank Rakyat, as usually not opened for Saturday 30 and Sunday 31 (unless you are in which state?). It pays to pay attention to the fine details especially dates and days in FD operations.  

Just received this today.

Maybank FD promotion for July - Aug 2016:
--------------------------------------------
1) 3 mths- 3.65% ( Fresh Fund)
    3 mths - 3.50% (Non Fresh Fund)

2) 6 mths- 3.85% ( Fresh Fund)
    6 mths- 3.65% (Non Fresh Fund)

3) GIA- 3.75% interest calculate on daily.

I just saw on the Public Bank website that the Xtra FD campaigns have been discontinued with immediate effect.

Are there other banks doing the same ?

Why ?? They expect further rate cuts by BNM soon 

Just to share, HSBC uptown offer
5% per anum for 3 months.

Maximum 30k per person.
promotion until end of this months.
if you interest let me know, my friends work on that bank could assist.

From past experience...

Straight FD, but need to open Advance or Premier account.

Money goes into Advance/Premier first, then transferred into fd.

too bad only for 3 months...

had hsbc malaysia be more competitive, would love to retain my relationship with them.

The 5% have been ongoing for 1 year +. 

You have to maintain RM30k for the Advance account. Some ppl who withdrew the FD after 3 months but did not close the account will be charged RM10.60 every month...

If you close the account within 3 months you will also be charged a penalty.

Forgot to add:

BR is saying Aug FD offer likely to be lower, as expected ! 

BNM wait for them to clear before raise rate again, lol

at current 3.xx% pathetic rate, its not enough to cover to rising inflation rate.

Better off put in saving account (junior) can get >3% without hassle and lockup.

Well, my FD cert showed the monthly interest for the 12 mth 4.38%.

Hate to have to show it as proof. Like last time have to paste here and there. 

now I'm a bit worried about maybank's exposure to 1MDB.

I got some under GIA which I believe is not PIDM protected.

BR is not involved with 1MDB, I hope.

Thanks for the reply. I know some people prefer to have interest on maturity as they know the fixed amount they will receive at maturity. Some due to opening of SA, problem to withdraw the interest (going to bank) etc. 

does bangkok bank have online banking?

What's mean by "up to" ?
12 mths qualify for 4.1% ?