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Fixed Deposit Rates In Malaysia V. No.13, Strictly for FD Discussion Only
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TOMEI-R
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 Jul 19 2016, 09:08 AM
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QUOTE(Pinnacle1295 @ Jul 18 2016, 11:16 PM) Fresh funds means either CASH or Banker's Cheque from other bank. For eg, tomorrow I have HL Mach FD maturing so that amount is not consider as fresh fund. I know meaning of fresh funds. Im asking about your confusing statement below.  "If not fresh fund, then need 5% of fund to be retained in S/A for 2-months. Alternatively was told by bank that 100% non-fresh fund can enjoy 4.1% (6 months) or 4.2% (12 months) without the need of 5% retention in S/A."
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TOMEI-R
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Jul 19 2016, 09:16 AM
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QUOTE(lowdensity @ Jul 18 2016, 11:21 PM) some bank can assume any as fresh fund .... QUOTE(Pinnacle1295 @ Jul 18 2016, 11:25 PM) Any specific banks in particular? I would be interested to know. QUOTE(nomen @ Jul 19 2016, 12:03 AM) I did it before at HLB two years ago. Whichever bank you go to, if they really require you to put in fresh funds, just withdraw transfer your money out and transfer it back in. Trust me, the banks cant do shit about it. This post has been edited by TOMEI-R: Jul 19 2016, 10:25 AM |
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TOMEI-R
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Jul 19 2016, 01:19 PM
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QUOTE(Vio @ Jul 19 2016, 11:07 AM) hello sifus, would like to ask if the hongleong promo 12 months - 4.25%p.a. still available? i tried applying through online but when checked the rates its only 3.25%p.a Only applicable over the counter, not through Hong Leong Connect. |
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TOMEI-R
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Jul 19 2016, 06:03 PM
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QUOTE(Pinnacle1295 @ Jul 19 2016, 01:49 PM) Hmmmmm ...... ok, I give a simple example below. Say I have $100K cash in HLB S/A available for FD placement. 3 senario for FD placements available at HLB. (1) Transfer $100K to another bank, then buy BC $100K & bring over to HL to enjoy 4.25% pa. (2) Do a FD placement to a max of $95K at 4.25% pa & the balance $5k (which is 5%) retained in SA for 2-months. After 2-months period the $5K available at your disposal. (3) Do a FD placement of $100K BUT at 4.20% pa only becos' it is non-fresh fund. Means 100% in FD but at a lower rate. I opted for the 2nd. method this morning as I need the 5% for my cash flow in 2~3 months time. Method 1 is the most troublesome but after I did that, I transferred to another bank already.  Method 3 is not that bad if you want to avoid all these trouble. 0.05% is not too much anyway. This post has been edited by TOMEI-R: Jul 19 2016, 06:04 PM |
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TOMEI-R
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Jul 19 2016, 06:07 PM
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QUOTE(szejz123 @ Jul 19 2016, 02:32 PM) Just tell the teller to withdraw cash, then ask the teller whether cash counted as fresh fund, if okay, then just deposit it back into FD. The teller won't be able to argue anything then.  I dont think I would want to do that. Too obvious. But then again, if you go to another branch of the same bank then it would be ok.  |
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TOMEI-R
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Jul 19 2016, 09:52 PM
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QUOTE(nomen @ Jul 19 2016, 07:19 PM) AFFIN DOUBLE REWARDS 2016 Min. FD Placement 10K 5K Minimum deposit amount in CASA (Guaranteed Gift: Microfiber Spray Mop) FD Tenure 3 Months @ 3.60% 6 Months @ 3.70% 9 Months @ 3.75% 12 Months @ 3.95% 13 Months @ 4.05% RIANG RIA MERDEKA Min. FD Placement 10K 20% of FD Placement Amount in CASA FD Tenure 6 Months @ 3.93% 9 Months @ 4.03% 13 Months @ 4.13% Looks like the rates are not competitive anymore.  QUOTE(szejz123 @ Jul 19 2016, 09:38 PM) haha, it works most of the time for me. You would definitely see the priceless reaction of the teller.  And then the teller would usually give me the fresh funds rate and would ask me top up some money to make it not so obvious for the bank. And i would normally top up with RM50/100...  MasterCard moment. Priceless.  |
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TOMEI-R
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Jul 19 2016, 09:54 PM
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QUOTE(okuribito @ Jul 19 2016, 07:25 PM) went to take out my KFH upfront interest today. was told yesterday last day for that promo. then asked them if i can get the money out by banker's cheque on maturity - they said no more BC according to BNM directive. Betul kah? haha if <10k can do online transfer at 2.12 per transfer. if >10K, rentas transfer at 5.30 does that sound right? QUOTE(Human Nature @ Jul 19 2016, 08:09 PM) SCB in certain location also no BC. Rubbish! How can they stop us from buying banker's cheque / cashier's order? Its part of the bank's service and we pay good money to get them. Its not that we can get it free.  |
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TOMEI-R
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Jul 20 2016, 12:17 PM
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QUOTE(koksankok @ Jul 20 2016, 11:00 AM) dear sifus.. i m new here... i thought the current hong leong fd promo needs an islamic acc? so now don't need anymore? a normal saving acc will do? The promo fd rates for HLBB are for HLBB Islamic and therefore you do need to open an HLBB Islamic account if you dont have one to qualify. That was what the teller told me last week. But some forummers here stated otherwise. Better walk in and check directly with the bank.I just called HLBB call centre and the SA told me that the 4.15% and 4.25% FD promo is for HLBB ISLAMIC. Therefore you need to have a Hong Leong Islamic account or open one if you dont have one. For existing FD holders, you need to top up Rm10k fresh funds minimum to qualify for the promo FD rates. Hope this clarifies. This post has been edited by TOMEI-R: Jul 20 2016, 12:32 PM |
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TOMEI-R
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Jul 20 2016, 02:42 PM
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QUOTE(owodog91 @ Jul 20 2016, 02:28 PM) Just Came back from CIMB penang Offer 1 month 3.75% 6 month 4.2% 1 year 4.25% today last day I think this is only available at selected branches only. This post has been edited by TOMEI-R: Jul 20 2016, 02:42 PM |
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TOMEI-R
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Jul 20 2016, 05:31 PM
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QUOTE(owodog91 @ Jul 20 2016, 03:09 PM) The teller just call to the HQ to request... Very easy and settle within 10 minute Thats what I call efficiency.  QUOTE(szejz123 @ Jul 20 2016, 03:12 PM) HLB conaught branch, i already had fd account there previously, don't even need to open any islamic account. Teller added new FD straight into the fd account. Now we know which branch to approach. Kepong Baru branch insisted on opening an Islamic account. |
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TOMEI-R
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Jul 20 2016, 10:05 PM
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QUOTE(lw13 @ Jul 20 2016, 06:29 PM) LOL, i went HLB connaught branch too today and monday and different customer service staff to serve me and my partner. both of them required me and my partner to open islamic account before place the FD. me and my partner having hlb normal saving account before this. Thats what happened to me too. QUOTE(szejz123 @ Jul 20 2016, 08:36 PM) Oh, I pressed the number for FD and went straight to teller/counter. The teller first asked me whether I have a FD account with the branch, I said Yes. And she proceed to place it. Oh and I even instructed the interest to be deposited to my Mach Account. I do not have any Islamic account with HLB, only savings and Mach current acc. I think the 'trick' would be to go back to your home branch.  |
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TOMEI-R
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Jul 20 2016, 10:09 PM
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QUOTE(munkeyflo @ Jul 20 2016, 09:49 PM) I dunno. This is what I received. You can ask OCBC for more info I guess. Those premier deal usually got more T&C, sometimes tie with investment products, which I don't really wanna bother  They will definately ask you to go for their investment link saving plans or fds which I dont bother. Once my HSBC Premier RM had the cheek to tell me that their customers usually dont bother too much about FD interest rates. I told her off " Dear, its all about the money, what else do we have interest in?". This post has been edited by TOMEI-R: Jul 20 2016, 10:10 PM |
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TOMEI-R
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Jul 21 2016, 12:38 PM
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QUOTE(bbgoat @ Jul 21 2016, 10:06 AM) Just received SMS from BR on 12 mth 4.38%, min 5k. Looks like the best rate for now. Also BR invited for Raya Open House. Still got Gold Coin? |
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TOMEI-R
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Jul 21 2016, 12:44 PM
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QUOTE(bbgoat @ Jul 21 2016, 12:42 PM) No Eye Deer. Still keeping mine, liked it. Can check? I want one too. |
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TOMEI-R
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Jul 21 2016, 12:55 PM
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QUOTE(TOMEI-R @ Jul 21 2016, 12:44 PM) Can check? I want one too. Just called BR. 4.38% still there but there is no more gold coin.  |
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TOMEI-R
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Jul 21 2016, 12:56 PM
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QUOTE(bbgoat @ Jul 21 2016, 12:55 PM) Unless I want to place the FD. Shy to keep on checking without placing there.  Someone was saying have last week, I think. Which branch? The one near BNM? |
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TOMEI-R
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Jul 21 2016, 12:59 PM
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QUOTE(bbgoat @ Jul 21 2016, 12:57 PM) I would not place FD just because of the gold coin. Must be because of the rate first then the gold coin. BR has the best rates for now. The gold coin would be an added benefit. #Kiasu. #Best bang for buck. |
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TOMEI-R
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Jul 21 2016, 01:45 PM
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QUOTE(bbgoat @ Jul 21 2016, 01:37 PM) The person who posted it said for Xclusive member and placement need to be at BR's HQ ?  Still running ? Few days ago, it was said KFH promo ended ? Xclusive member is for depositors who place minmum Rm300k deposits. I have no idea where is BR's Hq. |
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TOMEI-R
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Jul 21 2016, 01:46 PM
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QUOTE(DiSaver @ Jul 21 2016, 01:45 PM) Thank you. |
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TOMEI-R
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Jul 22 2016, 12:08 PM
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QUOTE(coolstore @ Jul 22 2016, 10:53 AM) i guess the HLB special fd rate would call off any time, since too many walk in to place FD. as them also said anytime if receiving memo from HQ. QUOTE(twinkle5129 @ Jul 22 2016, 11:44 AM) HLB promotion- today last day. Only 12 mths pure conventional FD promo @ 4.25 still available. 6mths promo rate not available anymore. HLBB Promo 4.25 @ 12 Months Ends Today. Only FRESH FUNDS. No more 4.15% for 6 Months. For existing FD holders, no top up. Only Offer is 4% for 12 Months. |
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