Maybank ‘FD/IFD-i JOY 3' Campaign [ Maybank ]

Enjoy amazing rates with a minimum fresh deposit of RM25,000 for Individual and RM50,000 for SME/Business Banking customers in a single certificate on our 3 months Fixed Deposit.

Offer is open to all Maybank customers and is applicable for Conventional and Islamic Fixed Deposit placement made over the counter only at any Maybank branch in Malaysia.

The campaign is valid from now till 26th August 2016 or upon reaching the overall limit, whichever is earlier. *Should there be an Overnight Policy Rate change, the offer rates may be revised.
Campaign Rate is as follows:


How can you do the placement?

Please visit any Maybank Branches for more details and if you are existing Premier Wealth Centre customers, please contact your Relationship Managers.

Terms and conditions apply.

The Launch of "FD/IFD-I SUPER 6" [ Maybank ]
Campaign Period: 25 July - 26 August 2016

Enjoy superb 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 and non-fresh funds made over the counter only, at any Maybank or Maybank Islamic branch in Malaysia. The campaign is valid from now till 26th August 2016 or upon reaching the overall limit, whichever is earlier. *Should there be an Overnight Policy Rate change, the campaign rates may be revised.

Definition

Fresh Funds for this campaign is defined as:
Clearing Cheques from other Banks or Funds newly transferred into customer's Current or Savings Account with Maybank.

Non-Fresh Funds for this campaign is defined as:
Funds that are transferred or withdrawn from any existing Maybank Current or Savings or Fixed Deposit account and re-deposited (whether part or all of the amounts withdrawn) into the Fixed Deposit account within the campaign period.



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

Terms and Conditions apply

Maybank Fixed Deposit (FD) Merdeka 59 (5 months) Campaign
18 August 2016 - 15 September 2016

Enjoy superb 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 and non-fresh funds (dual pricing) 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.

Definition
I. Fresh Funds for this campaign is defined as:
Clearing Cheques from other Banks or Funds newly transferred into customer's Current or Savings Account with Maybank.

II. Non-Fresh Funds for this campaign is defined as:
Funds that are transferred or withdrawn from any existing Maybank Current or Savings or Fixed Deposit account and re-deposited (whether part or all of the amounts withdrawn) into the Fixed Deposit account within the campaign period.

Campaign Rates are as follows:

RATES FOR FRESH FUNDS



RATES FOR NON-FRESH FUNDS



*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)
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)

Was in BR again today. Asked the question. For monthly interest the FD has to be min 6 months.

Banks that offer true eFD (can do placement & uplift online)
i) AmBank
ii) AmBank Islamic - Minimum Fund for 1 month = RM1,000, Rate: 3.15%p.a.
iii) RHB
iv) Maybank
v) CIMB
vi) Alliance Bank
vii) Hong Leong
viii) UOB
ix) OCBC

Banks that offer online FD placement (cannot uplift online)
i) Affin
ii) Public Bank
iii) Citibank - contributed by bbgoat

I think HSBC can do online placement too but not sure if can uplift online or not. Confirm by cklimm placement only and cannot uplift.

For HSBC eFD, no need go branch for uplifting. You can do the uplifting through phone banking. Tested it myself yesterday for my pre-mature eFD. Everything is done within minutes for me to giro the money to another bank.

Eh, I thought PBB eFD can do upliftment online?

looking forward to 5% p.a. within 2016. yippee!!!

Eh, I thought PBB eFD can do upliftment online?

6 years ago I did eFD placement with PBB. Still have to collect the FD cert from the branch later. Cannot uplift online, only placement. So is yours placed some time ago ? Recently they seemed to have upgraded their eFD, so not sure for the last 1 year eFD placement. 

PB eFD is open to existing PBe individual customers aged 18 years and above and sole proprietors who has an existing conventional personal Current Account or Savings Account (CASA).
NO FD Receipt will be issued for a PB eFD placement.
Your PB eFD placement will be effective from the date of application.
PB eFD transactions are available between 6 a.m. - 12 midnight
Tenure available : 1 - 24, 36, 48 and 60 months
Minimum Deposit Amount : RM1,000
Interest Payment Mode:
Tenure Interest Payment Mode
1 to 12 months 
Credit into account* monthly; or 
Credit into account* upon maturity; or 
Add on to principal upon maturity 
13 - 24, 36, 48 and 60 months 
Credit into account* monthly
* Conventional personal CASA (Designated CASA) which is the source of fund for the PB eFD placement.

Selection or change of interest payment mode is not applicable for 13 - 24, 36, 48 and 60 months PB eFD as only one option available for the said tenures i.e. credit into account monthly.
PB eFD can be withdrawn on the same day of placement. However, both placement and withdrawal transactions for the particular day will not be reflected in the PB eFD quarterly statement.
In respect of PB eFD tenures of 1, 2 or 3 months, no interest will be paid on PB eFDs withdrawn prior to maturity.
In respect of PB eFD tenures exceeding 3 months, no interest will be paid on PB eFDs uplifted before the completion of 3 months. For PB eFDs uplifted prematurely, after the completion of 3 months, interest will be calculated and paid at half (1/2) of the original contracted rate for each completed month.
If the interest payment mode selected is "credit into account monthly", the interest due for a premature withdrawal transaction may be in a negative (-) amount due to the claw back of the monthly interest that has already been credited into a Current Account or Savings Account. The clawed back interest will be deducted from the principal upon premature withdrawal.
Partial withdrawal for PB eFD is not allowed.

dream on

Eh, I thought PBB eFD can do upliftment online?

Can boss, unless I got the uplift definition wrong haha

So as I said, PBB has updated their eFD service recently.

If u already know can uplift, why still ask this question ?   

Banks that offer true eFD (can do placement & uplift online)
i) AmBank
ii) AmBank Islamic - Minimum Fund for 1 month = RM1,000, Rate: 3.15%p.a.
iii) RHB
iv) Maybank
v) CIMB
vi) Alliance Bank
vii) Hong Leong
viii) UOB
ix) OCBC

Banks that offer online FD placement (cannot uplift online)
i) Affin
ii) Public Bank
iii) Citibank - contributed by bbgoat

ok

maybe 5% too much, 4.7% can or not?

Coz I saw the following at the first post, which I thought wasn't true on the PBB eFD. So must ask to see if my understanding is wrong versus the sifus here lo. 

My bet is by Q4, 4.6%. Big Bones hoping for 5% by Q4. 
PBB updated their eFD maybe 6 months ago. So it has changed their eFD to be true "e" like some other banks. 

ok la kalao 4.6% pun jadi

only time will tell

I will love it if it goes to 4.7%, throw a party if it goes to 5% ! 

I tot u will buy champagne to celebrate 

I tot u will buy champagne to celebrate 

buy for us.

I will love it if it goes to 4.7%, throw a party if it goes to 5% ! 

Pray lebih sikit lah bro.. 5% ke.. 

only in the dream fd >5% for satu tahun.

Sure, will send out invitation.  Be online at that time ! 

12 months I think very difficult to get >5%

maybe like 24/36 months possible?

FD followers,
Just checked latest rates at 2 banks as follows:

Ambank 6 months 4.25%
Bank Rakyat 12 months 4.3% extended till 30 June

FD followers,
Just checked latest rates at 2 banks as follows:

Ambank 6 months 4.25%
Bank Rakyat 12 months 4.3% extended till 30 June

Other Requirements: - Only for Seniors (Senior Savers Flexi Fixed Deposit Promotion)

looking forward to 5% p.a. within 2016. yippee!!!

FD followers,
Just checked latest rates at 2 banks as follows:

Ambank 6 months 4.25%
Bank Rakyat 12 months 4.3% extended till 30 June

Sorry, minimum for Ambank is rm10k and BR is rm25k

thanks for this HLB headsup

I wonder if senior FD account need to open one of these other "harvest" account or not
I hope Kochin wish come true also

After hoping for about 2 years, finally can hear BFM radio talking about US rate hike nearly every morning

Yellen also said 5 days ago that raising rates over time is appropriate

What should I do? Got maturity tomorrow. How many points do you think they'll bump it? How will our BNM and comm banks react? Maybe i'll just roll into the HLB 4.3% 6 mths deal. Any other shorter term options?

thanks for this HLB headsup

I wonder if senior FD account need to open one of these other "harvest" account or not
I hope Kochin wish come true also

Term 28 - Interest earned on FD Promotion shall be credited into the Eligible FD Customers’ Harvest SA on a monthly basis
So i suppose the answer is yes

hahaha thx man. I am now on the line with their CS rep. who say must maintain min 1000 in the SA that pays 0.1%pa hahahaha. they so blur & unsure ler. Now waiting for their mgr to confirm T&C

If lock up 1000 in stupid SA, then the 4.3% not worth it ler.

Did you go for it?

EDIT... wait just a second there. maybe worth it wor because monthly interest. and if take pbb 6+6 4.1% for frist 6 mths, the breakeven is 20.5K of principal

My SCB FD matures on Sunday and the next day Monday is a public holiday. How do I go about this to get the interest for the 2 days?

hahaha if u hv good relationship with the branch, maybe can lah. me ... never gonna bank with them anymore ler. thx for the 4.5%. sayonara scb

hahaha thx man. I am now on the line with their CS rep. who say must maintain min 1000 in the SA that pays 0.1%pa hahahaha. they so blur & unsure ler. Now waiting for their mgr to confirm T&C

If lock up 1000 in stupid SA, then the 4.3% not worth it ler.

Did you go for it?

EDIT... wait just a second there. maybe worth it wor because monthly interest. and if take pbb 6+6 4.1% for frist 6 mths, the breakeven is 20.5K of principal

My SCB FD matures on Sunday and the next day Monday is a public holiday. How do I go about this to get the interest for the 2 days?

My SCB FD matures on Sunday and the next day Monday is a public holiday. How do I go about this to get the interest for the 2 days?

I was about to ask the same question as my HLB FD due on 6/7 and it'll be 2 days Hari Raya PH. Presumably bank will reopen on 8/7.

12 months I think very difficult to get >5%

maybe like 24/36 months possible?

My SCB FD matures on Sunday and the next day Monday is a public holiday. How do I go about this to get the interest for the 2 days?

I know SCB not paying interest if maturity fall on non business day.
Try ask the bank if they can allow the change of maturity instruction to credit principal and interest to CASA.  If the FD amount is within the IBFT limit la.

I changed the maturity instruction to credit all to CASA. Then was able to IBFT (free) the fund out. But have to do it over 2 days. You have option to place the eFD or whatever instead of the fund idling in SCB. 

Lol my relationship with the branch is extremely hostile 

Today took out last remaining FD out from SCB. Bad experience in the normal banking area (after I terminated their PB to avoid monthly charges). I was asking to do RENTAS for the matured FD. Then only 1 hr later they realized not enough in my JustOne acct to deduct for the fees (kept minimum in the CASA). Have to go back to get CO !  That was almost 4pm already ! 

Originally wanted to place FD using personal cheque after the RENTAS. So since cannot RENTAS already, get CO from SCB. Bad impression of SCB normal banking area ! May hesitate to go there next time unless has really good FD promo !

Luckily Affin still opens till 4.15pm. Got the 4.5% FD done JIT ! 

hmmmmmmm    then say bye bye to those lost days lah.

but good to hear also becos same here. i think they have an amazing talent/ability to make customers loathe them

Still lucky your branch can issue CO as alternative. I will uplift everything to SA and do Instant transfer. Then will close my SA. Once no longer having any money with them, I will resume my complaint with BNM.

A bank with no integrity. I feel unsafe to do any further banking with them.

Still lucky your branch can issue CO as alternative. I will uplift everything to SA and do Instant transfer. Then will close my SA. Once no longer having any money with them, I will resume my complaint with BNM.

A bank with no integrity. I feel unsafe to do any further banking with them.

As my full sum is not out yet, going to do free IBFT out to other banks. Leaving RM1 in each of JustOne SA/CA !

aiseh, that sounds bad! what they do to you? no need full details la but the gist of it?

Today took out last remaining FD out from SCB. Bad experience in the normal banking area (after I terminated their PB to avoid monthly charges). I was asking to do RENTAS for the matured FD. Then only 1 hr later they realized not enough in my JustOne acct to deduct for the fees (kept minimum in the CASA). Have to go back to get CO !  That was almost 4pm already ! 

Originally wanted to place FD using personal cheque after the RENTAS. So since cannot RENTAS already, get CO from SCB. Bad impression of SCB normal banking area ! May hesitate to go there next time unless has really good FD promo !

Luckily Affin still opens till 4.15pm. Got the 4.5% FD done JIT ! 

sorry nub question

what is CO? 

cashier's order / banker's cheque

isn't there a minimum balance requirement?

sorry nub question

what is CO? 

First time, BM lied that I need to place RM1500 for JustOne SA which in fact not needed. Second time, teller lied that there is no rentas and when I complained, the teller claimed otherwise. I wanted to change standing instruction but another teller wanted me to sign on a stamp stating that I have misplaced my cert and want to uplift. Filed a complaint but the HQ remedial dept is even worse. They had to keep retracting their conflicting statements.

Which branch?

First time, BM lied that I need to place RM1500 for JustOne SA which in fact not needed. Second time, teller lied that there is no rentas and when I complained, the teller claimed otherwise. I wanted to change standing instruction but another teller wanted me to sign on a stamp stating that I have misplaced my cert and want to uplift. Filed a complaint but the HQ remedial dept is even worse. They had to keep retracting their conflicting statements.

how u calculate breakeven for what?

the lying & deception sounds familiar. did you get monthly interest on the 15 month fd?

there are 2 6mth alternatives...
1) PBB - 4.1% ...Princ 20.5k
2) HLB - 4.3% ...Princ 19.5k + 1K in SA

calculate interest earned in PBB & HLB. Breakeven is the point where interest earned in both alternatives are the same.

No need to split hairs  for 0.1% HLB SA and monthly interest ... that one only for the geeks

Thought HLB only has promotion for 6 months FD 4.25% p.a.

Btw, just open a BSA (RM 20)to satisfy the CASA requirement.

hahaha thx man. I am now on the line with their CS rep. who say must maintain min 1000 in the SA that pays 0.1%pa hahahaha. they so blur & unsure ler. Now waiting for their mgr to confirm T&C

If lock up 1000 in stupid SA, then the 4.3% not worth it ler.

Did you go for it?

EDIT... wait just a second there. maybe worth it wor because monthly interest. and if take pbb 6+6 4.1% for frist 6 mths, the breakeven is 20.5K of principal

Placed a Maybank CNY 4+4 FD during Feb and received it two days ago.

I was shocked as it does not rolled to second 4 months for higher interested. :confused:

I called the branch I made the FD and the person in charge replied that because during the application, I ticked the "Principal to be deposit into account" option, and thus it will not be renew to the next 4 months.

I did not know that ticking this option will make my FD to be stopped at the end of the first 4 months. Obviously I would not tick it if I know the consequence, since the purpose of my placement is to earn the second 4 months high interest.

Feel unfair and disappointed. Now I need to take leave and go other bank to make FD...

You should file a complain. This is unacceptable. You should demand for your step up placement unless it was clearly stated on your form that you were applying for a 4 month placement only when you ticked that box.

PIC in branch said she can't do anything, and there is no point for me yelling at her. I have filed a complain through maybank2u and let see how it goes. My previous experience with maybank2u CS is they replied within 2-3 working days. If no action were taken, I will have to take the last move which is complain to BNM.

More likely someone in the branch made a mistake and does not want to take the fall for it...

For me, I think that Maybank internally should be the one who take the responsibility, as the policies does not stated clearly. It seems like Maybank does not fixed the rules clearly. Of cause the branch staff is also the one to be blamed for not giving the right instruction.

I mean, surely 99.99% of the people who applied this FD is because of it's second 4 months high interest, there is really no point for them to offer an option that would cause the FD failed to renew to the next 4 months.

Last time when I made the step-up FD in public bank, they mentioned that this FD can't set to "Principal to be deposit back to account at the end of tenure". I was curious about this rules as it is so mafan that I have to come back again at the end of the tenure to withdraw the money. Now it is explained

This is sort of a disadvantage compared to non-step-up FD

For those with Maybank FD, there is a Instruction printed in the cert, I bet most of us didnt pay attention to these details.

1. under Penyelesaian Wang Pokok (Disposal of Principal Sum) printed as 'RENEW', check yours.

2. Also check Pembayaran Dividen (Payment of Dividen) printed as "CAPITALISED (MONTHLY)"

I also not sure on the part Profit Sharing Ratio: 30% Bank, 70% Pelabur (Investor). Maybe someone can help clarify after looking into your cert first before comment.

Guys,

I found a small 'workaround' in Maybank online GIA account if you want the interest to credit to principal instead of credit to account.

Once you have selected all the details like amount, term, credit to account, etc... click next.

Then DO NOT click submit but click back.
The option Credit to Principal will be an option in the dropdown.

Guys,

I found a small 'workaround' in Maybank online GIA account if you want the interest to credit to principal instead of credit to account.

Once you have selected all the details like amount, term, credit to account, etc... click next.

Then DO NOT click submit but click back.
The option Credit to Principal will be an option in the dropdown.

but can proceed? mine was rejected few weeks back

but can proceed? mine was rejected few weeks back

Guys,

I found a small 'workaround' in Maybank online GIA account if you want the interest to credit to principal instead of credit to account.

Once you have selected all the details like amount, term, credit to account, etc... click next.

Then DO NOT click submit but click back.
The option Credit to Principal will be an option in the dropdown.

Guys,

I found a small 'workaround' in Maybank online GIA account if you want the interest to credit to principal instead of credit to account.

Once you have selected all the details like amount, term, credit to account, etc... click next.

Then DO NOT click submit but click back.
The option Credit to Principal will be an option in the dropdown.

I have tried several times 'add to principal' but after confirm the status show account not authorized :confused:  :confused: