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BTW, since the interest rate is the same for 1 to 6 month's tenure, is there any advantage of placing it for more than 1 month? Or would it be better to place as 1 month and with auto renewal?

Thanks

This post has been edited by lowyat101: Jun 10 2016, 01:36 PM

-edit-

Yes. Upon uplifiting, interest will automatically be added to principal.

For one month you need min rm5k. For >2 months above, you just need rm1k. Just the amount required. No additional benefit. You can place for 60 months and just uplift after 1 month also no problem. I renew it manually by adding in the interest.

This post has been edited by Ramjade: Jun 10 2016, 01:09 PM

dont spoil the fun. if maybank finds out, then no more fun for us.

Noted with thanks

BTW, since it's 4.5% for 7 and 8 months, meaning that better I place it for 8 months to enjoy the extra 0.5% if I manage to hold it till 8 months. Else if need to uplift before the 7th month, I will still get the normal 4%, right?

This post has been edited by lowyat101: Jun 10 2016, 01:40 PM

4.5% finish liao. Now flat rate 4%.

sandkoh, lowyat101 please edit my post. Thanks.

tun, edit your post?

Yes. Keep it a secret. Later no more 4%

post number? have you edited yours? be clear, tun. cannot read your thoughts, tun!

Here you go.
https://forum.lowyat.net/index.php?showtopi...post&p=80333681

as tun requested.

Done. Pls check if there's anything else to be edited

I see, thanks for the info. Coz Maybank still show this in their website.

The highest my father could get was 4.25% but is it better here or overseas until election time?

they show expiry jan 2016

Hi all Sifus, i m new here.
Anyone have info if currently there is any FD promo rate higher than 4.30% pa, apart from above and PBB ? (pure FD)

This post has been edited by Micajoda: Jun 10 2016, 04:38 PM

For the extra good stuff, need to put in some effort. Currently only 2 meets your request.
4.5% for 12 months at a few Affin Bank branches. Telephone the various branches (not the general call line) and see whether the branch still have it and any minimum conditions. This is rather unusual as promos usually are for all branches..
4.35% for 12 months minimum 10k at Bangkok Bank. There are only a few branches in Malaysia.
Both pay interest on maturity.
Looks like most folks here are trying shorter periods at 4.3% and below hoping to catch a possible increase in FD interest promo rates.

Had a pretty bad experience with Bangkok Bank (KL Branch). To open an account, you will need to wait for a few days for verification and approval. The weird part is that they will even run a CTOS check on you for FD Placement...

Thats an interesting 1st hand experience, thank you

can confirm that Affin Bank Cheras (the one in Taman Midah) is offering 4.5% 12 months FD. min 10k. Interest is on maturity (not monthly).
You do not need to open savings account but you have to withdraw it with banker's cheque when it matures (according to the teller). If it's savings/current, FD could be deposited into it when it matures.