its step up interest. 3.4 for first 6 months. 4.6 for 7-9 months and 5.68 for 10-12 months. If calculate.. effective rate is ~4.27

This post has been edited by CyberKewl: Jun 15 2016, 10:19 PM

Got it. Thanks for the explanation. Feel relieved now.

Dunno which version should I check, sorry if I asked the repeated question:
may I Know is PBB paying interest if my FD matured on Sunday? Must complain to BNM only get? Or is there any sifu here got their interest once inform to the officer nowadays?

This post has been edited by mamamia: Jun 16 2016, 08:13 PM

For PBB, I asked about my FD that matured on Sat. The counter staff gave me the 2 days interest in cash, on Monday. So ask PBB when u redeem your FD on the working day.

This post has been edited by bbgoat: Jun 16 2016, 08:43 PM

enquire pbb branch staff first before heading to BNM

Went to rhb to uplift my previous step up fd from a year ago. Placed additional 25% of my principal to go for current step up promo at 4.25% p.a. effective.

According to rhb staff, this promo 'reopened'.

Additional 25% is a T&C?

Last time, I was asked to top up RM100 to get the current promo rate for matured FD in RHB. No fixed T & C, I think.

So what are you going to complain about at BNM? "Public Bank didnt want to pay me my 1 day interest?" Go talk to your bank first. If every customer were to go to BNM for such trivial matters, then BNM staff would be really busy.

Same here, got extra day of interest after the cashier asked the officer.

My experience is you will only get the interest if you withdraw on the immediate working day which is Monday, but at board rate for those 2 days.

This post has been edited by harmonics3: Jun 16 2016, 10:21 PM

I was surprised for my case, the counter staff just gave me the cash without seeking approval from officer, after doing calculation.

Ya, they would calculate based on board rate.

For my RHB case, have to talk to the officer. Then they calculate based on board rate for 3 days (Friday holiday), got close to RM100 or so.

AmBank talked to the ABM, they bank in the add'l interest based on board rate to SA.

This post has been edited by bbgoat: Jun 16 2016, 10:44 PM

CIMB promo : (have to request from HQ)




Attached thumbnail(s)

why maturity date until 19 september not 16?

16 Sept is Malaysia Day (public holiday)

16-18 sept are non working days

cuti lar

Probably amount gotta be around 100k~250k or more right to get those preferred rates?

No... I just happened to have additional funds... I rmb uncle goat mentioned topping up courtesy amount to get promo rates at rhb. So i told the branch staff i top up that amount, she ask her manager, ok. But I don't know if i could have done it like uncle goat @rm100.

Effective rate is less than 4.2% taking into account of non working days