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 Fixed Deposit Rates In Malaysia V. No.14, Strictly for FD Discussion Only

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David3700
post Nov 16 2016, 02:27 PM

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QUOTE(Chrono-Trigger @ Nov 16 2016, 01:50 PM)
Affin bank  (special CNY promo: 14/11/16 - 28/2/17)
minimum 20K fresh fund

package 1:  4.2%  (2 months 3.58%+ 15 months 4.28%)
package 2:  4.15% (4 months 3.68%+ 15 months 4.28%)
package 3:  4.17% (6 months 3.88% + 15 months 4.28%)

I didn't ask the details , just stopped by Affin to withdraw some cash and came upon the promotion
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FD rate seems uptrend, got insider information BNM will not cut OPR ?
David3700
post Nov 17 2016, 11:25 PM

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QUOTE(wil-i-am @ Nov 17 2016, 10:53 PM)
Rec'd new updates from my CIMB RM today

They just launched a new Bond paper:-
Issuer - CIMB Group Holdings Bhd (MYR bond)
Rating - A1 (RAM)
Coupon - 4.90% to 5.10%
Call date - 5 years
Indicative price - 101
Min invt - RM250k
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I am new to bond.
What is the advantages as compared to FD ?
David3700
post Nov 21 2016, 04:26 PM

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QUOTE(nexona88 @ Nov 21 2016, 04:22 PM)
no wonder Bank Rakyat FD rate is higher than PIDM protected FD  cool2.gif
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Any chances BNM will increase the OPR instead ?
David3700
post Nov 21 2016, 04:36 PM

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QUOTE(nexona88 @ Nov 21 2016, 04:34 PM)
yeah good news..
previously was expecting another cut.. but since Trump wins, everything changes  devil.gif  bye.gif
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Including rocket inflation rate as Ringgit stump mad.gif
David3700
post Nov 21 2016, 04:48 PM

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QUOTE(bbgoat @ Nov 21 2016, 04:44 PM)
The worst one is the USD gain vs RM for those that need USD !  bruce.gif Will OPR increase early next year or as some said BNM to reduce it in 1Q 2017 ?  hmm.gif
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I think the Gabenor also dunno the answer himself tongue.gif
David3700
post Nov 22 2016, 05:15 PM

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QUOTE(wil-i-am @ Nov 22 2016, 04:37 PM)
I tot some Ppl here keep stressing tat BNM will cut rate tis week n keep advised forumers to lock in gud rate?  hmm.gif
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This is the trend nowadays, full of uncertainties. ....

I went to insurance company today, they have stop giving illustration on projected returns since March this year.

This post has been edited by David3700: Nov 22 2016, 05:17 PM
David3700
post Nov 23 2016, 02:11 PM

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QUOTE(Kamen Rider @ Nov 23 2016, 02:06 PM)
yeah, that time should lock in a 20 years of FD by now we have multiple $$$ biggrin.gif
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That time a lot of ppl went broke woh....
David3700
post Nov 23 2016, 02:58 PM

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QUOTE(chrisoth80 @ Nov 23 2016, 02:48 PM)
I also want the interest to up up and up. I want to achieve my dream of going to Iceland, Sweden, Denmark, Finland next year...
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That's a good place to visit !
Sammo Hung, please give good news on going north, north, north....

This post has been edited by David3700: Nov 23 2016, 02:59 PM
David3700
post Nov 23 2016, 03:23 PM

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QUOTE(wil-i-am @ Nov 23 2016, 03:20 PM)
Sad to say SH stayput
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It's ok lah....better than going south biggrin.gif
Will we see more FD promos coming up.....

This post has been edited by David3700: Nov 23 2016, 03:25 PM
David3700
post Nov 23 2016, 04:21 PM

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QUOTE(kochin @ Nov 23 2016, 04:18 PM)
only 29th november left to capitalise on 4.15% 6 months.
but if missed it, 4% at 6 months ain't too bad as well.
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Should have plenty of choices coming up after BNM maintain the OPR
David3700
post Nov 30 2016, 02:56 PM

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QUOTE(jiash87 @ Nov 30 2016, 01:52 PM)
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 smile.gif
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Which branch ?
David3700
post Dec 7 2016, 10:21 PM

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QUOTE(bee993 @ Dec 7 2016, 10:01 PM)
Juz check my ocbc 4.5 matured this 30 dec.lol .by then hl promo finish d.
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You can always go to Affin, promo until CNY
David3700
post Dec 8 2016, 11:49 AM

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QUOTE(kochin @ Dec 8 2016, 10:57 AM)
does the amount needs to match for both FD package?
or is it a step up program?
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You have to match 1:1
David3700
post Dec 9 2016, 12:07 PM

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QUOTE(bbgoat @ Dec 9 2016, 10:05 AM)
Serious !  biggrin.gif

During placement, I got itchy hand. One of the placement I chose Islamic FD placement, that one die not receive the monthly interest. I checked, it showed "credit to principal" for interest.  cry.gif Not sure if Islamic FD do not have the monthly interest option or I did not choose the option correctly.

The Conventional FD received the monthly interest.

Is yours Islamic FD placement ?  hmm.gif
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I think "Interest Add On to Principal" means getting interest upon maturity only.
David3700
post Dec 9 2016, 06:40 PM

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QUOTE(kenlui @ Dec 9 2016, 01:39 PM)
Went to RHB seremban just now and enquired about the 4% 6 months promo and was told not available. Staff manning the counter showed me a board with thenso called latest rate which of course was board rate. Told him I wanted promo rate and he asked where I heard it from instead. Insisted that board rate is the latest. I walked out immediately, ur loss RHB. Gonna go with the 15+6 affin promo.
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Better go Affin Package 1 with effective interest of 4.20% pa.
Useless RHB staff

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