Sorry, I looked and searched, can't seem to locate any earlier answer:

MBB GIA-i, "Rate as declared on maturity date" 

Bro, u miss out post talking about this issue few weeks back. The 7th mth 4.5% issue is NOT related to branch. One other forummer who has more than 1 placement on the same day said one of the placement on the 7th mth received 4.5% while another one received 4%. It is due to the coding error that the counter done wrongly in the MBB system.

As I said MBB has acknowledeged their error. Groups of people from my branch affected but probably some or most do not know unless they do the calculation and check the monthly interest.

The amount I placed is RM37k.

Thanks for your offer. I have been calculating the monthly interest exact to the last 3 digit of decimal points. 

Are you refering to eGIA-i or the GIA-i?

For STEP-UP type FD promotions, the effective rate quoted is a simplification. The actual effective rate depends on the particular month and whether you placed on the 29, 30 or 31.
ACTUAL accurate effective rate is the sum of the interests for each step period (number of days in step period / 365 x % step rate /100 x principal) divided by principal and multiplied by 365 / total number of days.
The SIMPLIFIED inaccurate effective rate used by the banks is calculated as if all the months have the same number of days, and the date near the month end does not matter at all.  imho, banks cannot tell us our true effective rate unless they know exact date of the placement. you are right to assess it based on the total
For Maybank, the divisor is 365 or 366 depending on which year is involved for the December and January portions.
For those who qualify or get monthly payment of interests, you need to take into account that the bank needs to pay each month for those who did not avoid the 29, 30 and 31.
As for problems with rounding treatments, the simplest way out is to choose a multiple of 365 (or 366 for Maybank in 2016 tenor) which will give a fixed amount per day. For example Affin, rate 4.5%, principal 36,500, will give interest of 4.50 per day. Note that this calculation trick can work for any length of time except at Maybank on a leap year.

How low can you go anyway? Does it really have any useful good effect or will it create other unintended ill effects? Why not just bankrupt the banking industry by making sure less funds remain in the country in the name of helping the economy?

In December, the Federal Reserve projected that it would raise rates four times this year -- a strong sign that the U.S. economy has recovered from the Great Recession. Higher interest rates benefit savers, who can make more money on deposits.

But by June, several Fed committee members were only calling for one rate hike in the wake of weak growth and slowing job gains.

If the volatility in markets from Brexit continues, and if U.S. consumers pare back spending, and employers slow down hiring even more, the Fed could be looking at zero rate hikes in 2016. In fact, markets are starting to increase their expectations for a rate cut this year.

It's not how the Federal Reserve had planned the year to unfold. U.S. central bank officials had started the year with high expectations after raising rates in December for the first time in nearly a decade, also known as "liftoff."

But instead, the Fed is coming back down to earth. Other central banks around the world have lowered rates into negative territory and the conversation has shifted to whether the Fed should consider that move too.

Deal Hunter For Interbank Giro(IBG) & Interbank Fund Tranfer(IBFT) discussion, please proceed to this thread https://forum.lowyat.net/topic/1985221 and not here.

This thread is strictly for Fixed Deposit Rates discussion. Thank you.

hahahaha but when people want to discuss how rates will move, also cannot hahaha

this guy is giving valuable information about how to do things. a bit wordy. but valuable ideas. imho many ppl put off. if put off, then just dun read lah. why chase ppl away?

Get proof kfh fd cert 6 mth 4.25%

I am PB with them oo.. that time was 3.85 per year.. consider very high tat time..
So the 3.85% that i placed, i ask for free gift.. they say sudah promo, u mau gift lagi[B]? No gift ror promo rate....

Tat time i see many member here, got hamper la, got pen la, got all kind of stuff..

Sigh... PB customer... get ntg...

wo..! pb customer
i no pb customer also can get gift...
my gift....

For Malaysia, domestic demand continues to be the main driver of growth.

Inflation was lower as the impact from the Goods and Services Tax (GST) implemented in April 2015 lapsed and is expected to remain stable in an environment of low global energy and commodity prices and generally subdued global inflation.

Consequently, inflation is projected to be lower at 2% to 3% in 2016, compared to an earlier projection of 2.5% to 3.5%, and continue to remain stable in 2017.

Luckily I moved out of FD. 

Just placed 4.4%. Today last day.
The rates you posted takes effects tomorrow.