Correct, must check carefully with the bank when you decide to take it.....

RHB is the best currently at 4% pa for 12 months

Good deal

Main killer is capital is not guaranteed too.

4% is a very good deal at this moment....

Didn't aware service is so bad....Kepong branch service ok woh

Just check with UOB Kepong Menjalara. Still available 3.95% pa for 12 mths

Just check with RHB Plaza Damas, 4% no more. Now running at 3.9%

Not good at all

I will foresee the current rate will stay put.
BNM has indicated still need time to observe the effect from previous cut.

For me, no need to wait, will secure whatever the best available now (HLBB eFD 4%, UOB 3.95%, RHB 3.9%)

Someone has mentioned CIMB got 4% or 4.1%, verified ?

Anymore good deal for 12 months except the following :

1. HLB efd @ 4%
2. UOB @ 3.95%
3. RHB @ 3.9%

I have one maturing end October....I remember seeing some post on Bank Rakyat

This post has been edited by David3700: Oct 18 2016, 04:09 PM

Expiry date ?
Need to open CASA right ? Can opt for without ATM card ?

So can opt for yearly payment too....understood bro

Do you know which bank can nego ?

It is not so serious that you cannot get back your money (capital/principal).
Investment involves risks, you may ending up with no interest or lose part of your capital/principal if major recession hit.
That's why it states "capital and interest not guaranteed"

This post has been edited by David3700: Oct 24 2016, 05:51 AM

GiA involves investment, it is even riskier than non PIDM FD.
Not so serious to say a bank will go bankrupt. But in the case of major recession, the bank will honour FD first b4 GiA.

That's why within MBB, there is a difference in FD rate and GiA rate.
More risk, more gain.
Don't you all think so ??

GiA is a separate product which is not comparable to conventional FD.

This post has been edited by David3700: Oct 24 2016, 02:37 PM

Yup. I would not take the risk for the extra 0.1% gain.
Prefer to have fixed interest for a fixed period of time which is known upon placement
Would rather to go for bond fund if willing to take higher risk.

Nevertheless, thanks CHERROY for posting the pros and cons of GiA.

I bet it will stay put

I have placed that last Friday, can get 4% if above 50k. Above 200k, debit card free annual fees (save RM12 per year).
But was told last day is 31 Oct 2016. So still available now ??

You catch all the top rates....salute