Wow.. really good calculation.

This post has been edited by TOMEI-R: Jul 9 2016, 05:03 PM

The 4.15% was last month's promo rates. The promo wasn't available at my Mach account anymore. They auto renewed my fd to 3.3%. So I think I will be transferring mine to another bank.

For those intending to hop on the 4.5% Interest for 12 Months FD at Affin bank, my advice is to do so quickly. According to one of the officers at Affin, they have already achieved more than half of their allocated quota. When I was there at their branch, a lot of people who came in to enquire or to place FD because of the 4.5% promo.

Affin bank branches are usually not crowded. When I went there just now, there werent anybody in the bank but I had to wait for 5 mins before they called my number. If not for the 4.5%, I wouldn't even walk in to that bank.

Some Public and hong leong bank branches, when you press for the queue no on the machine, you are almost called instantly to the counter.

This post has been edited by TOMEI-R: Jul 11 2016, 04:37 PM

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.

Cash is the universal trade currency. Of course they accept.

Dont worry. There would sure be some banks which would be hungry for cash then.

This post has been edited by TOMEI-R: Jul 12 2016, 03:16 PM

My friend's Citibank Flexi Housing loan account was hacked using email phising (yes, he was careless) and he lost RM50k in one day.

Yup. For Public Bank, they would require you to use their Token to garner TAC every time you perform a transaction if you want to raise transfer limits above Rm10k.

Embarrassingly YES. And his money got transferred to a CIMB account and all the RM50k got withdrawn within an 1 Hours time. By the way, lets not derail the thread. If not the mods will be breathing down our necks.

They have a way to make it work. But this is a wrong thread for me to elaborate.

Sounds like a better deal than Affin Bank now... got gold coin.

That would be too optimistic.

Thats quick. Those who are keen should really make their move now and I mean NOW.

Time and tide waits for no one.


Eh.. there was a post saying OPR will maintain yesterday.

This post has been edited by TOMEI-R: Jul 13 2016, 04:28 PM

It said December. Its July now so....

Every bank will be scrambling to review their rates as of now. Couldn't blame them. But then again, you will see fd interests going up again if their funds are low again.

I hope not, with the new opr some claim that MYR will go up a little.

Some banks have already withdrawn their promo rates as of yesterday.