Ya, I think better go for the rate instead of RHB's PB member get member campaign. For me I have met the requirement just need to apply and recommend family members to enjoy the RM388.

Bro also Alliance Bank PB.

I have nothing there for quite some years, really miss their cash rebates on their debit card !

I sometimes intentionally go for Islamic FD if both Conventional/Islamic FD promo is available in the same bank. Islamic FD has separate PIDM coverage:

"All types of depositors, whether businesses or individuals, are protected. The maximum limit of coverage is RM250,000 per depositor per member bank. This includes both the principal amount of a deposit and the interest/return. With the RM250,000 limit, 99% of depositors are protected in full. The Malaysian Deposit Insurance System provides separate coverage for conventional and Islamic deposits."

http://www.pidm.gov.my/For-Public/About-De...urance/Coverage

I have mentioned before that I will still go for UOB's 3.95% instead of MBB's 4.1%. Just to be on the safe side. Now it seems UOB can ask for 4% and MBB's 4.1% met quota. So in early Nov, will ask UOB RM for 4% if still available.

I think for smaller sum can still put in the MBB GIA-i 12 mth if available next month. But I won't put large sum (6 figure) in there.

This post has been edited by bbgoat: Oct 24 2016, 04:56 PM

For 1 yr, >100k can get 4%.

That is still OK, luckily u did not see the 5%, then there is a need for eye check up ! Hahaha !

You placing FD ? I thought no more for u since u are going to feed the kangaroo's soon !

The MBB GIA-i 12 mth 4.1% no more leow. I thought u should be more interested in short term rather than 1 year type of placement ?

Oh, you have missed the GIA-i last year's promo with 4.5% 12 mth. They are step-up type with eff rate of 4.1% for the one that just ended. Unlike the fixed one with recent rate of 3.6%.

So basically the difference is in the fixed and step-up rate for 12 mth promo.

But with good response, the new promo rate maybe lower.

Unless the rate is better than 4.1% which may be able to lure me, my plan next week is still going for 4% or more if available for Nov FD promo.

I am looking at UOB or Alliance for 4% next week. UOB have to ask RM for 4% based on info from one forummer. But may settle for 3.95% the worst comes to worst.

Not sure Nov FD promo rate will be same or ????

It will be interesting to see the FD promo for Nov. Whether it will still be 3.95%, 4% or whatever. In view of the expected cut in OPR in Nov. I have actions this week and next week, now planning how to tackle them.

Lets see tomorrow.

MBB GIA-i 6 mth 4.1%, serious ? Is it for a large amt of 6 figures or more ?

Still having the dream of 5%, the Magic 5 ? More people talking of OPR reducing rather than increasing.

Bro ahead of me this time !

I have not called to enquire for Nov. Thanks for info.

Have FD mature in CIMB, depending on what CIMB can give, may move to UOB.

For OCBC, have FD mature on 5/11, Sat. So going to ask for the 2 days interest on next Monday. One tip is that to claim the OCBC interest over non working days, your FD has to be auto renewal. If it is all go to CASA, then u cannot claim the "lost" interest.

I hope OCBC can give the same rate for matured FD, if not, will move to new home in UOB.

I take it u mean UOB ?

Yes, I read weeks + ago that one forummer got 4% from UOB. Likely to be u I think. So I did mention here that I will try to ask my UOB RM for the 4%.

Thanks for the confirmation and the info !

PS, please let us know if u are successful to get the 4% tomorrow. My fund will only be available either Thursday or next Monday, 2 sources.

This post has been edited by bbgoat: Oct 31 2016, 05:58 PM

Today went to AmBank. Changed True acct to link to BSA to avoid the yearly charge.

The manager showed me their current FD promo. 6 mth 3.7%, 9 mth 3.80%, min 50k. Their rate not that exciting as compared to other banks.

They have a clause for 375k to 499k, can get add'l 0.05%. For 500k upwards, can get add'l 0.1%. For 6 mths FD.

Anyway just to share info for AmBank loyal customers.

Last year around Oct 2015, it was eff rate 4.5%. This time 4.1%.

Have the BSA for a long time. But used the clause of linking True to BSA to avoid the annual fees which start this Nov.

Did u receive email from AmBank on the charges for True debit card starting Nov ? Look closely at the email. It has the clause that if True acct is linked to BSA, then no annual charges.

I actually have to fwd that email to AmBank branch as they claim they did not know ! They then called me back that I can go to the branch to link it to BSA and no annual charges.

After a little bit of hassle initially, I do get EXACTLY 4.5%. U get 4.6 or 4.7% ? Sure ?

U sure is the lucky one !