Not much difference. The new SA 2.93% promo losing 2 days chq clearance time, the effective rate is around 2.90%. If you deposit by chq on Friday, then the effective rate is even lower at 2.86%.

RHB fpx per transaction limit is 30k maximum. Maximum limit is subject to prescribed maximum amount/limit of transfer in the Customer’s individual internet banking maintained with the relevant bank, whichever is lower.
Daily fund transfer combined limit is 50k regardless of type of transfer.
Double check your limit again.

US certificate of deposit (CD) rates today.

This post has been edited by aeiou228: Sep 22 2022, 05:26 AM

Guys, MBSB ada kasi moon cake.

To me, it's not the gifts that matters, it's the gesture of appreciation demonstrated by MBSB towards its customer.

RHB FD missing from account.


This post has been edited by aeiou228: Oct 28 2022, 04:37 PM

Assuming you make the switch if FD today.

A1. Still worth it, your effective rate would be 3.94% upon original pbb FD maturity date on 7 march 2024.

A2. Put 3mths @4% now is recommended too in anticipation of higher FD rates next year. Your effective rate from 7sep2022 + 3 mths muamalat@4% would be 2.47% upon maturity on 3Feb2023.

If your 3.75% is floating rate then better stay put. Unless it's a long term fixed rate.

Up 0.75% today.




Fed, US.

Deposited my personal chq at Bank Muamalat for 3m 4% today, FD commence tomorrow 9thNov, hence effective rate reduce to 3.957%.
FD receipt withhold till chq clearance.

I did ask USJ branch what if I give banker's chq, got the answer Sama Juga macam personal chq.
If want to join account with spouse, MUST show marriage cert.
Some one reported here no option for either one to sign but in USJ branch there is such option.

Damn! We hear a lot of reports of inconsistent policy between branches but now even within the same branch also having inconsistent policy.

Very detail illustration for those who are confused with per annum interest. (% p.a.).

You may also want to try out this simple quick formula which is less confusing for those who confused with % p.a.

[4.88 × 200 / 250] + [2.25 × 50 / 250] = 4.354%

In this formula, you skip the complex calculation of yearly interest, thus avoiding the confusion.

This post has been edited by aeiou228: Nov 9 2022, 11:18 AM

The principal deduction most likely due to the recovery of advance FD interest (monthly/quarterly/halfyearly) credited to the savings account.

I assumed your new placement @ 3.75% is CIMB 6mths ? Then your effective rate is still slightly better @ 3.07%. upon maturity 6 mths later. Your extra gain will be the higher interest return next year from May to October as compare to your original PBB placement.

Very well done. So convenient to glance thru all the rates. I wonder if you can upload the template so that everyone can participate to edit and update the forum.

I think shouldn't be a problem. Errors can be corrected by the next person who update it.

Btw, can you add in 1 month as well? For those who want to temporary parking.
Best 1 month so far is cimb 2.5%

This post has been edited by aeiou228: Nov 11 2022, 03:47 PM

Both. Edited and updated.
 DOC_20221111_WA0005.pdf ( 28.18k ) Number of downloads: 215

Check out the fd rates compilation chart here. Please update PBB rates in the chart and post it here for further update.
https://forum.lowyat.net/index.php?showtopi...ost&p=105812975

Your HLB 3.2% 6m FD mature on 10 Apr 2023 and the interest earned is RM1595.62.
If you switch to PBB today @ 4.5% your accumulated interest earned on 10 April 2023 is RM1652.05.
So it's RM55.43 more if you switch to PBB 18 mths.

But if you think by April 2023, BNM will raise opr twice ( Jan and Mar ) for another 0.25% + 0.25% = 0.5%, then you might want to reconsider remain in HLB 6mths as compare to longer PBB 18mths.