Call up or go to Alliance Bank branch and talk to officer or BM on this 4.1% deal. Remember it has to be a large amt.

Haha don't simply say. Nothing is guaranteed. Principal can indeed be lost, if the bank really no more money there's no more money. Do you think your FD and savings account is first in line when bank need to settle with debtors? Small fry will normally suffer the most.

Same can be said about PIDM though. It's a nice gesture but if the sort of major recession hits which kills Maybank off (biggest in MY after all) PIDM won't be able to support all the claims.

In fact PIDM is nice but not foolproof. Any situation which kills Maybank will kill PIDM at the same time, so is it really a big difference?

Not sure how my statement would scare people from placing non PIDM FD. Scare them into buying gold, maybe la =p

Any risk for this investment ? Since is not cover by PIDM ?

Have to use FD now>< rate so low

I have FD's in both PIDM and non PIDM banks. Still sleep soundly without worrying about any worst case scenario. Just have to spread out the dough. Cannot worry too much lah !
"Luckily" early Nov I will dispose of some matured FD. Don't have to worry of BNM's OPR cut, if there is one. Just hope Nov month 4% FD still around or will nego with banks to at least get 4%. 

Bad news guys, just found out 12 months promo GIA has ended last Friday!
Though the link is still shown after logging into Maybank2u but just to be safe I went to ask at the branch, they said the quota is finished for this month nationwide.

Apparently there will be a fresh quota allocated next month

No more, for RHB is confirmed no more.

For Maybank, I went to 2 branches, they confirmed no more be it online or physical placement as there is 1 quota for the whole country. You may try at your own risk since no rate is stated.

Called Maybank CS and I was told that 12months GIA campaign will be reopen again on 1st of November.

Called CIMB RM to enquire about their rates:

For conventional:
3 mth 3.85%
12 mth 3.7%

For Islamic:
3 mth 4%
12 mth 3.8%

So CIMB 3 mth 4% rate is good.

Anyway I am looking for 12 mth. So tomorrow will be taking out from CIMB. Looking for new home for the dough tomorrow. 

Ok thanks bro. Any idea how long will I have to spend to put in about 200K in multiples of 30K? Because I will have to juggle my time in between work timings.

Any reason that FD trending down... Any chance of trending up....

so i juts need to open one Hong Leong Bank saving account and place my capital inside, and do the online transfer from my Hong Leong Saving to this 4.15% FD?
am i right?

I heard HLB offer 6% FD. Requirement: RM10K have to bank in for 6 years. Not sure how true is it.

Maybank GIA-I FD is without PIDM cover, it is safe ? Or not interest guarantee meaning ?

Confused    I mean how will Maybank will lose ???

1 US Dollar equals 4.48 Malaysian Ringgit today.

Just overnight, already increase so much!

yea, overnight we are down 6% in currency value, whatever we have saved small FD interest in past year has just wiped out.

anyone has pull out Ringgit to somewhere else already? It's a little late, but in case more to come..