Seems like everyone prefer bangkok to affin, PIDM no worth to you all ah?

What's RHB Islamic Commodity Murabahah Deposit-i[1]? Any difference from conventional RHB FD? Both look to be 4% for 12 months.

The -i at the end indicates islamic or e-FD? Because if it can be placed online (no parking charges) I straight grab.

[1] - http://www.rhbgroup.com/products-and-servi...bahah-deposit-i

This post has been edited by LostAndFound: Sep 30 2016, 11:16 AM

I can confirm that one-day placement of >10k (12 months) under the new GIA promo will still get interest (3.6%). Placed one yesterday and withdrew today.

Have not tried for <10k, shouldn't be any difference except you won't get the step-up in later months? Now gonna have to split my GIA amount to 2, one to keep 12 months and one to roll when got bills coming...

I made online. Of course whether it is valid for the 12 month 4.1% or not I'm not sure. Didn't even know that GIA can be placed over counter.

Probably tomorrow I'll ask at counter for that question as need to fix a CC too.

As I said, I got no time machine to confirm if I will eventually get the 4.1%. Wait next year then we see.

And I'm parking money very short term in GIA (if my bill is due in 10 days, why pay now?), which is why I split out the amount which I can afford to leave longer from the amount which is due soon.

I already confirmed earlier that pro-rated 3.6% applies for the new promo e-GIA.... still got people discussing?

GIA pays interest out monthly though, and if you withdraw early you still entitled to 3.6% (most banks clawback is 50% hence 2.05%, and clawback of 100% for <3 months).

The monthly interest means effectively get more than 4.1% (redeposit the interest in GIA as well).

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

Your time got value right? Convenience services are always good, especially when it's free.

By your logic don't use washing machine la, by hand only.

The Hong Leong FPX promo no limit on number of transactions from Maybank2u right? What's the max amount anyone has done so far in one Tuesday?

Myself and others here have placed online before and clearly stated we get the promo rate... last page also got example.

RM isn't updated on FD at all, because bank doesn't earn as much from those products. I'm sure your RM will be best updated on those products which profit the bank. RM is employed by bank not by you =)