Fixed Deposit Rates In Malaysia V. No.13, Strictly for FD Discussion Only
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 Jun 6 2016, 10:14 AM
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#1
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All Stars
65,268 posts Joined: Jan 2003 
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QUOTE(Ramjade @ Jun 6 2016, 10:10 AM) That's maybank GIA-i promo which give effective rate of 4.5% if hold for 12 months. The normal eGIA-i gives flat 4% even if you hold for 12 months. Up to you. If you are ok with losing 3 days of interest, then go ahead. dont promote mbb gia-i 12-mth 4.5% p.a. this promo already ended. you should know better. |
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Jun 7 2016, 04:22 PM
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#2
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(choyou @ Jun 4 2016, 03:27 PM) Bank: Maybank eFD Flexi 2.0 Campaign (Conventional) here's the website Campaign Period: 4th - 30th June Tenure: 12 months Min Placement: RM 10,000 (Individual) Rate: Effective rate 4.27% Link: http://www.maybank2u.com.my/WebBank/fd-flexi020616_tnc.pdf   The Launch of “eFD FLEXI 2.0” Campaign [ Maybank | T&Cs ] Process Flow for Placement Process Flow to check rates Notes: Select interest payment mode of ‘Credit to Account'. Customers who select interest payment mode of ‘Add to Principal' will only receive the board rate and not the campaign rate. Any ‘Modification' made to existing eFixed Deposit will not be entitled for eFD Flexi 2.0 Campaign Rate. Premature withdrawal for 2 months and above will get half (1/2) the campaign rate for the completed number of days until premature withdrawal or closing of account. No interest shall be paid for eFixed Deposit that has not completed its 2 months full tenure period. The campaign rate is offered only once. Upon rollover the board rate will be given. For first time fixed deposit customers, placement must be done through Maybank2u website (www.maybank.com.my) For joint accounts of subsequent placement of eFixed Deposit, it must be made by the same primary customer of joint account and eFixed Deposit. For placement of eFixed Deposit, debiting and crediting of account type imteen is not available. Call 1300 88 6688 or visit www.maybank.com.my, ‘Promotions' for more details or terms and conditions |
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Jun 9 2016, 10:35 AM
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#3
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(cybpsych @ Jun 1 2016, 01:03 PM) guess they've reached the quota and ended the campaign earlier.  https://www.maybank2u.com.my/WebBank/030716_product_info.pdf QUOTE(knight @ Jun 9 2016, 10:32 AM) |
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Jun 13 2016, 08:18 AM
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#4
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(cklimm @ Jun 12 2016, 08:54 PM) The 1st 6 months are 3.4%. What if Maybank doesnt step up in month 07? QUOTE(wil-i-am @ Jun 13 2016, 08:07 AM) Unlikely to happen as they need to honour the published rate unless major change to OPR may revise or may not.hence, there's always a clause for this situation: QUOTE *Should there be any Overnight Policy Rate (OPR) change; the offer rates may be revised. |
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Jun 14 2016, 04:18 PM
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#5
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(LalaluSan @ Jun 14 2016, 04:14 PM) I realized this is the best and only place to park temporary since it count by days. it remains 4% for the past few revisions. Also, i noticed in gia-i rates page, it stated that indicative profit rates effective from only 16 May 2016 to 15 June 2016. Does this mean that the rate might change after 15june? the dates are there to manage our expectations, if mbb ever need to revise the rate. |
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Jun 14 2016, 04:44 PM
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#6
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(LalaluSan @ Jun 14 2016, 04:32 PM) Thanks for the heads-up. "If" the rate changes, does it affect on previously placed gia-i fd? probably, cuz the capital and profit is not guaranteed due to the nature of GIA-i. |
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Jun 14 2016, 05:29 PM
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#7
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(nitehawk @ Jun 14 2016, 05:07 PM) If I have more than 1 deposit (cert)on GIA-i, will I lose all the deposits in one-go if MBB made poor investments? QUOTE(LalaluSan @ Jun 14 2016, 05:14 PM) Judging at cybpsych explanation, yes it will affect on all GIA-i placement equally. no guarantee lor.depends on how much confidence you're with maybank  else, just go for FD with pidm instead. |
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Jun 14 2016, 08:01 PM
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#8
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(LalaluSan @ Jun 14 2016, 05:58 PM) ohh waitt, did it went negative rate before? No right? no idea about past performance. no issue with the rate since last year. |
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Jun 15 2016, 10:15 AM
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#9
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(cybpsych @ Jun 1 2016, 01:55 PM)  QUOTE(aimeh @ Jun 15 2016, 09:58 AM) GIA need personally go to the bank and sign document? No ways to do it online right? i assume u are asking about online placement for GIA-i (eGIA-i)? |
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Jun 15 2016, 12:58 PM
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#10
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(aromachong @ Jun 15 2016, 12:31 PM) thanks for clear up the confusion which posts mentioned need to open via counter? cause i saw some posts earlier mentioned need to open gia acc via counter? by right.. if u have mbb online should able place it via online then |
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Jun 20 2016, 09:04 AM
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#11
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(LalaluSan @ Jun 14 2016, 04:14 PM) I realized this is the best and only place to park temporary since it count by days. Also, i noticed in gia-i rates page, it stated that indicative profit rates effective from only 16 May 2016 to 15 June 2016. Does this mean that the rate might change after 15june? QUOTE(cybpsych @ Jun 14 2016, 04:18 PM) it remains 4% for the past few revisions. as expected, maybank gia-i's indicative profit rate remains at 4.00% p.a., effective from 16 June 2016 to 15 July 2016.the dates are there to manage our expectations, if mbb ever need to revise the rate. |
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Jun 21 2016, 06:48 AM
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#12
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All Stars
65,268 posts Joined: Jan 2003
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RHB 12 Months Step-Up FD/CMD-i Promotion [ RHB]
Promo ends: 31 July 2106 TERMS & CONDITION 12 Month Step-Up FD http://www.rhbgroup.com/~/media/files/mala..._up_fd_eng.ashx TERMA & SYARAT 12 Month Step-Up FD http://www.rhbgroup.com/~/media/files/mala...p_up_fd_bm.ashx TERMS & CONDITIONS 12 Month Step-Up CMD-i http://www.rhbgroup.com/~/media/files/mala..._cmd_i_eng.ashx TERMA & SYARAT 12 Month Step-Up CMD-i http://www.rhbgroup.com/~/media/files/mala...p_cmd_i_bm.ashx  |
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Jun 21 2016, 10:59 AM
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#13
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All Stars
65,268 posts Joined: Jan 2003
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 Maybank "FD/IFD-i MID YEAR 6+6" [ Maybank ] 1st 6 Months: 4.15% p.a | 2nd 6 Months (1st Rollover only): 4.35% p.a | Campaign Effective Rate: 4.25% p.a Enjoy awesome 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 July 2016 or upon reaching the overall limit, whichever is earlier. *Should there be an Overnight Policy Rate change, the offer rates may be revised. How do you make your placement? Please visit any Maybank Branches for more details and if you are existing Premier Wealth Centre customers, please contact your Relationship Managers. |
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Jun 22 2016, 10:17 AM
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#14
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(David3700 @ Jun 21 2016, 11:09 PM) Do you know any branch around Kepong area offering this ? learn to search from topics...affin branches which offers 4.5% p.a. rate: bangsar, cheras (taman midah), subang jaya, shaftbury cyberjaya not offer: klang bukit tinggi, bandar baru ampang, kepong, serdang, penang others: try and report back |
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Jun 22 2016, 10:32 AM
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#15
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All Stars
65,268 posts Joined: Jan 2003
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Jun 22 2016, 07:00 PM
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#16
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(hurtedheart @ Jun 22 2016, 06:29 PM) Thanks guys for the update. I have called the CS on this issue. Accordingly, it was due to m2u savers need to maintain a min amount of rm250. I am able to open the GIA-I successfully after maintaining the said sum in my m2u savers. Thought of fully utilising the GIA-I that's why I almost all in to it haha well, i did mention about this "problem" with m2usavers' min holding balance of rm250i'd ensure to maintain rm250.00, and before dumping all remaining to eGIA-i. p/s: i prefer not to close m2usavers, since i've my gaji paid into it and other scheduled SI transfers. |
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Jun 22 2016, 07:38 PM
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#17
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(Ramjade @ Jun 22 2016, 07:22 PM) You can set your gaji to be paid to normal account. That's what I am doing. Before this, any excess money from 1 month eFD sure transfer directly into m2savers. But after closing m2savers, I transfer all to normal SA > eGIA-i i know i can change, but i prefer to keep my m2usavers active. |
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Jun 23 2016, 10:31 AM
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#18
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(starry @ Jun 23 2016, 10:22 AM) I got the same thing. I think it's interest adjustment for MBB eFD FLEXI coz same amount of monthly interest was credited into my savings account on 1 May and 1 June. 1 June should get 31 days interest and 1 May 30 days interest. MBB calculated 30 days for both months. So now they adjusted it. is the adjustment interest amount = 1 day interest? |
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Jun 23 2016, 10:57 AM
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#19
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(bbgoat @ Jun 23 2016, 10:46 AM) Interesting that MBB has this type of problem. My GIA-i still got the 4% interest for the May month, credited on the 5th of June with 31 days calculated. But they have the issue of not doing the 4.5% for the 7th mth onwards ! probably, lazy programmers fixed/hardcoded 30-day = 1 month  Now this 30/31 days issue for eFD ! Someone there need to be send to the laundry !   imagine this for February, they gonna clawback the interest earned for February?  |
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Jun 23 2016, 11:37 AM
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#20
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All Stars
65,268 posts Joined: Jan 2003
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QUOTE(fkinmeng @ Jun 23 2016, 11:30 AM) how to do eFD placement for cimb and get it at special rate? what special efd rate? |
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