Last chance to place the FD with 4.15% on HLB online. Hope the better rate coming for the next month.
Fixed Deposit Rates In Malaysia V. No.14, Strictly for FD Discussion Only
Fixed Deposit Rates In Malaysia V. No.14, Strictly for FD Discussion Only
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Nov 29 2016, 10:27 PM
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Junior Member
143 posts Joined: Jan 2010 From: Kedah |
Last chance to place the FD with 4.15% on HLB online. Hope the better rate coming for the next month.
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Nov 30 2016, 12:52 AM
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Junior Member
474 posts Joined: Mar 2009 |
hi guys, suppose i have an FD matured and it was set for auto-renew, how does the interest rate work? stick to the previous rate as it's auto renew or it will be revise to a new rate?
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Nov 30 2016, 02:56 AM
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Senior Member
680 posts Joined: Aug 2008 From: Malaysia |
QUOTE(tryifelsecatch @ Nov 30 2016, 01:52 AM) hi guys, suppose i have an FD matured and it was set for auto-renew, how does the interest rate work? stick to the previous rate as it's auto renew or it will be revise to a new rate? Once you've opt'ed for auto-renewal, and let's say if you're on a promo rate or a negotiated rate, once it has matured, it will go back to the current prevailing board rate. Unless you've informed them or negotiated with a new promotional rate. |
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Nov 30 2016, 01:52 PM
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Junior Member
368 posts Joined: Sep 2007 |
UOB just sms-ed me stating that this Saturday 3/12/16 ( 10am - 2pm ), promo FD rates of up to 4%PA ( 12months ). Minimum 10k fresh funds
just sharing |
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Nov 30 2016, 02:56 PM
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Senior Member
1,055 posts Joined: Nov 2015 |
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Nov 30 2016, 04:42 PM
Show posts by this member only | IPv6 | Post
#2146
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Senior Member
10,001 posts Joined: May 2013 |
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Nov 30 2016, 05:01 PM
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All Stars
48,551 posts Joined: Sep 2014 From: REality |
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Nov 30 2016, 05:55 PM
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Junior Member
368 posts Joined: Sep 2007 |
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Nov 30 2016, 05:58 PM
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All Stars
48,551 posts Joined: Sep 2014 From: REality |
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Nov 30 2016, 06:01 PM
Show posts by this member only | IPv6 | Post
#2150
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All Stars
24,222 posts Joined: Mar 2007 From: Kuala Lumpur |
QUOTE(tryifelsecatch @ Nov 30 2016, 12:52 AM) hi guys, suppose i have an FD matured and it was set for auto-renew, how does the interest rate work? stick to the previous rate as it's auto renew or it will be revise to a new rate? For auto renewal, the curent board rates will apply. To get promo rates, usually banks will require fresh funds or at least a top on the fd. |
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Nov 30 2016, 06:31 PM
Show posts by this member only | IPv6 | Post
#2151
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Senior Member
10,001 posts Joined: May 2013 |
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Nov 30 2016, 11:15 PM
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Junior Member
474 posts Joined: Mar 2009 |
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Dec 1 2016, 12:08 AM
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Senior Member
1,178 posts Joined: May 2007 |
Hlb extended till dec.
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Dec 1 2016, 04:16 AM
Show posts by this member only | IPv6 | Post
#2154
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Senior Member
1,624 posts Joined: Apr 2011 |
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Dec 1 2016, 05:10 AM
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Senior Member
1,178 posts Joined: May 2007 |
QUOTE(gsc @ Dec 1 2016, 04:16 AM) Yes. HLB 4.15% for 6 mth is extended till 31 Dec 2016. Received sms from Ocbc all FD mature in Dec will be auto renewed to 3.95% per year. No need fresh fund and better than the early 3.95% for 13 months. U refering to ocbc last year 4.5% matured in dec will get 3.95%? Not bad then.. |
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Dec 1 2016, 08:18 AM
Show posts by this member only | IPv6 | Post
#2156
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Senior Member
10,001 posts Joined: May 2013 |
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Dec 1 2016, 08:20 AM
Show posts by this member only | IPv6 | Post
#2157
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Senior Member
10,001 posts Joined: May 2013 |
Today is 1st day of Dec 2016
Awaiting new promo from Banks with competitive rates |
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Dec 1 2016, 08:57 AM
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All Stars
24,222 posts Joined: Mar 2007 From: Kuala Lumpur |
QUOTE(tryifelsecatch @ Nov 30 2016, 11:15 PM) Their rates are displayed at the bank or you need to call up to ask. I usually just let it run for one day and see how much the interest given is. QUOTE(bee993 @ Dec 1 2016, 12:08 AM) |
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Dec 1 2016, 09:01 AM
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Senior Member
1,311 posts Joined: Oct 2012 |
QUOTE(gsc @ Dec 1 2016, 04:16 AM) Yes. HLB 4.15% for 6 mth is extended till 31 Dec 2016. Received sms from Ocbc all FD mature in Dec will be auto renewed to 3.95% per year. No need fresh fund and better than the early 3.95% for 13 months. Received same sms too from OCBC. I wonder if that means the interest rate is going up next year? Else why would they offer competitive rates automatically? |
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Dec 1 2016, 09:08 AM
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Junior Member
180 posts Joined: Sep 2009 |
QUOTE(bee993 @ Dec 1 2016, 12:08 AM) QUOTE(gsc @ Dec 1 2016, 04:16 AM) Yes. HLB 4.15% for 6 mth is extended till 31 Dec 2016. Received sms from Ocbc all FD mature in Dec will be auto renewed to 3.95% per year. No need fresh fund and better than the early 3.95% for 13 months. Good to hear HLB extend their promo to end of this month. I have fd matured today from Alliance and OCBC in 2 weeks time. will move all my fund to HLBI received my 1st month interest from HLB e-fd 4.15% today |
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