Hi guys,
1yr ago i put GIA-I through mbb counter 12mth 4.5pa
now mature already..

May i know
1.)will it auto renew another 12mth?
2.)it is still 4.5pa if auto renew?

Thanks in advance

This post has been edited by sl3ge: Dec 10 2016, 11:06 AM

renewal always at board rate NOT promo rate.

here's the T&C:

// 8. Upon maturity of the GIA-i, the placement rates shall revert to the prevailing Islamic board rates for the respective tenures. Please log-on to www.maybank.com.my/islamic to view the prevailing Islamic board rates. //

Hong Leong FD Promo 4.15% expires ends on 13th Dec, Tuesday

https://www.hlb.com.my/main/promotion/20161...1-4pc-6month-fd

Dun worry
Depositor can withdraw upon maturity as there is no T&C

Good rate
The best so far

Is it time to get ready for the next set of FD interest rates at OCBC and HL after US Fed finally decides to up the rate or not on 14 December 2016?

sifu, wat is your thinking of affin's promo? the effective rate?

I got a leaflet from my Affin branch but I was quite confused. Somehow the average rate (whatever that means) was put as 4.20%, 4.15% and 4.17% for combo 1,2 and 3 respectively.

It was so confusing, that in the end I decided to simply take out the matured FD and try for the HL 4.15% (last chance on Tuesday 13 December 2016) which gives monthly interest payment as well so effectively a little more than 4.15%.

Alliance has a quiet promo for FDGold (40 years above) at 4.05% for 12 months for 50k minimum fresh fund with monthly payment of interest into CASA, and ending 31 March 2017.

With these sort of rates, OCBC 360 (non-FD)looks more attractive if one can fulfill the conditions.

Going into 2017, my target is at least 4.20-4.25% effective, below which I will probably just ignore the offer.

This post has been edited by Deal Hunter: Dec 10 2016, 07:42 PM

kfh ut & fd 1:1 promo


Attached thumbnail(s)

Should money market/ bond funds allowed, and the sales charge lower than 1%, its still a decent deal

delete double post........

This post has been edited by poor man: Dec 10 2016, 09:55 PM

Anyone tried the OCBC auto-renewed 12m FD? Do we still need to go to the bank to perform it? Any catch? Thanks

Most likely it's equity fund

Thanks for the info

so Rhb 4.1pa 6 months still got?

U need to call them for confirmation as promo could end early if quota is reach

Enquire with the branch u intend to visit first, my experience with them was horrible. Telling me standard board rates are promo rates is plain stupid.

Hong Leong 6 months FD promotion can only fpx through pc ? Cannot via hong leong mobile app ?

i chose interest add on to principle.. but abit confusing to me as well... to me, if it's like MBB GIA, then i can have the interest to obtain the promo rate as well added to the initial deposit.... however, TnC says that interest will be paid monthly... guess gotta wait for first month to see how it goes..

anyway, just opened a HLB savings acc and dumped some of my funds into the HLB promo.. last day guys, those who want to place better be fast!

UPDATE: i just checked with HLB, if we choose credit to principle, the interest will only be credited upon maturity.. not monthly into the FD account lol

This post has been edited by raptar_eric: Dec 13 2016, 10:54 AM

To get monthly interest, have to choose credit to account option.