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 Fixed Deposit Rates In Malaysia V. No.13, Strictly for FD Discussion Only

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Jty
post Jun 11 2016, 04:04 PM

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Junior Member
102 posts

Joined: Jan 2007
Hello!

Fairly new to getting serious in FD investment.

Want to ask all sifus here regarding the maybank eflexi.
I know that it is a step up FD investment but here's something I don't understand,

According to maybank the effective rate is 4.3 percent. but in iMoney there is a comparison and it seems that the return is way higher than 4.3? is this a mistake in calculation from iMoney?

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I also know that this campaign does not entitle you to reinvest the money earn from interest back to the FD.

Let's say the amount put in is Rm10,000 the return after 12 months should be RM430 right? but why is iMoney calculate as 568 confused.gif


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