you mean gia-i 4.5% campaign? over since jan!

Had a pretty bad experience with Bangkok Bank (KL Branch). To open an account, you will need to wait for a few days for verification and approval. The weird part is that they will even run a CTOS check on you for FD Placement...

bbgoat

regarding the 4.5% mbb gia which is last oct. I ask the teller to reconfirm to ensure the rate is stepped up. the branch manager call call call at behind don't know do what. And come out take the brochure which is ages ago. Show me the rate currently is at 4.0. I terus know liao, this branch filled with all stupid people. My placing is last OCT, how come still 4.0? should be at least at 7 or 8 months.

Then I say. Yea, now suppose to be stepped up rite because at 7 months. Then he jusy oh yea oh yea. correct . Ok yea. thanks. Just try to brush me off.

I am really like wtf moment there. Hope at the end of the day what I get is really 4.5%

Sure u can do that ! But the earlier u complain may be better. In case everyone "forget" that there is ever an effective 4.5% GIA-i promotion. The interest is paid monthly.

The choice is yours anyway !

If you had paid attention to the nitty gritty of the step-up FD calculations, you should know you will not get 4.5% exactly. So if you hope to add all your monthly interests - you will be off.

If your effective date is anywhere from 1-28, (1-29 if covering February in a leap year), the bank does not need to know what is the actual effective date of each customer or placement as the total effective rate is actually the same for each particular month of the promo. Thus say you place in October 2015, there is a real common effective rate for those placing between 1-29 of October 2015. For November 1-29, there is another different effective rate figure, and so on until the promo ends. Undestandably, the banks would not like to tell you that certain months are better or worse otherwise customers may want to choose their months of placement and affect the promo targets.

However, for those who placed on say, 31 October 2015, the interest payment in February is on 29 February 2016 as there is no 30 or 31 in February and the payment must be made once each month. November, April, June and September being paid on the 30th instead. This affects the total number of days for each month's interest payment, and particularly confusing on the change of rate. Hence, the advice is not to place on the 29-31 of any month when dealing with step-up or monthly interest payments. Not only you can be confused, but even the banks may be confused if the staff or programmers do not understand that the number of days and step-up boundaries are affected due the need to pay once each month.

you dont need atm card for internet banking. see https://www.irakyat.com.my/personal/register/register.do

Uplifted 2 MBB GIA-i FD's today. Seems like split into periods of 4% and 3.75% for the interests given.

IBFT to CB acct and used cheque to place FD in BR for 4.38%, with monthly interest.

Tried to cancel the Ko-op card, was told cannot as it will terminate the online acct. Same as for CIMB. Though some other banks allowed bank cards to be cancelled without affecting online acct.