Asked HLB this morning

3.95% 12 months fresh fund min. 10k

So the best rate for normal 12month is HLB 3.95?

I tot UOB n OCBC offer d same rate too?

fd is trending so badly. makes more sense to prepay housing loans nowadays.

maybe can consider this:
https://ringgitplus.com/en/fixed-deposit/MB...9ners-Club.html

4.2% for 5 years.

But for non bumis, ASB is only limited to a very small amount no?

To assist the country GDP numbers 

Malaysia GDP growth seen slowing to 4% y-o-y in Q2: poll
http://www.businesstimes.com.sg/government...-o-y-in-q2-poll

Public Bank as usual with their usual step up FD to make the rates look attractive. 

Wat makes u say losing capital?

please explain.

thanks 

for 30k, do you think i should go for current best Affin 15mths (4.05%),  Bangkok 12mths (4.1%) or wait a bit for the merdeka promo if there is any.

“PB FD & TD-i” CAMPAIGN 12 August to 15 September 2016
6-month 3.88% min 10k
T&C https://www.pbebank.com/pdf/Promotions/tc-pbfdtdi.aspx

fd % nowdays sucks big time. make me feel like just bet on big-small in casino.

looking at the fd %...don't know why, just feel like doing the do-or-die method

Damn it the unit trust thing. Many old people don't know shit about UT but the bank try to persuade them to buy by 8.18 word.

Which is absolutely unethic. Partial information that lead to loses sometimes.... Not only ambank I think. Others banks doing the same.

I had 2 pieces Fd placed for HLB 4.25% & 4.15% last July before the promo ended.
Last week, finally decided to uplift both and re routed it back to dividend stocks and reits last week. It's better to let them hibernate there than the low FD returns esp with the anticipation of lower OPR.

general rule:

paper-backed (local homegrown banks) - same branch
paper-less (foreign banks) - any branch

Maybank Fixed Deposit (FD) Merdeka 59 (3+3+3) Campaign
18 August 2016 - 15 September 2016

Enjoy fabulous rates with a minimum fresh deposit of RM10,000 for Individual or RM25,000 for SME/Business Banking customers in a single certificate.

Offer is open to Maybank / Maybank Islamic customers and is applicable for Conventional and Islamic Fixed Deposit placement of fresh funds made over the counter only, at any Maybank or Maybank Islamic branch in Malaysia. The campaign is valid from now till 15th September 2016 or upon reaching the overall limit, whichever is earlier.

Campaign Rates are as follows:



*Should there be any Overnight Policy Rate (OPR) change, the offer rates may be revised.

Click here for Terms and Conditions (Conventional)
Click here for Terms and Conditions (Islamic)