Bloody Fitch forecasting OPR 1% so possibly fd average 1.5%. Overall I have decided to maintain my 2005 Accord to make it last as long as possible and live healthily!

Really? Do they even accept ringgit deposits? If not you are comparing apples with oranges.

Hi ck

When you open cimb sg account from Malaysia, do you see your sg account number in cimb clicks before transferring/activating the account?

Or does the account only appear after transferring SGD 1k?

also take into account peer comparison
1.5% in SG vs say 2% in Malaysia - which one would foreign investors go...

i would say at 2% we are already less attractive to foreign investors vs other emerging market economies

Hi all, kind of a weird q here:

So my grandma gave me 1k and ask me to put in FD (she was in a good mood that day) but seeing as FD rates quite low now, I chose to put it in short term bond funds. Not going to put it in stocks or stock funds...

So question is - in the long run will this be better or putting into FD?

Fd pledge must be maintained as long as the card is still maintained.
After 3 months promotion rate...roll over at board rate.
Soonest to cancel card is 6 months..
Therefore effective rate will 2.×%...assuming cancel  fd after 6 months

Earlier ,similar promo was at 5% for 3 months

For the placement amount of RM 1000, which e-Fixed Deposit with 1-month tenure has the highest interest rate?

Thank you for your information.

honestly, RM1k just pick whichever bank u have account with.....

Even at peak of 4%, RM1000 will only net you RM40 per year.
Dividing that figure to a single month, you are looking at RM3.30 ONLY.

Now that rates are around 2%, you wont be seeing any meaningful returns with that RM1000

Place in MBB GIAi first.

hi guys. anyone of you face transfer from bank A to bank B, Bank A show sucessful, but bank B show unsuccessful. Amount alreayd deducted from bank A. what should i do now.

this is so strange . happened to me doing fpx to ambank. money deducted and show unsuccessfully.       

ambank ebanking. transfer money from maybank via fpx. Money deducted at maybank. AMbank show not successful . refund take 5 days.

is this kind of trick from them ? imagine set promo  rate, then when customer do the banking, payment made all fail. bank can hold the money and return after 5 days.

Any guys experienced when do FD placement online via M2U APP , transaction unsuccessfull but money deducted from account.
Account history says 1st FD placement.
Checked FD feature no account created, empty

called customer service they asked to verify in WEB M2U still same
called customer service they did see transaction failed but money deducted
saying need to check backend officer if error caused it.
asking to wait 3 days to verify and refund or create FD account to place it

damn it this seriously creating panic and stress, big amount lagi..
they do refund or keep quiet saying money vanished or floating on the air..?

Why 3pm ?

I checked now still same no changes i thought by overnight system should be updated.
Aishh need cash urgently only now all this hassle..
I should have just paid my property loan amount instead of thinking of FD.

Some other fund offered

Finally it has been credited back around 6pm yesterday sir.
Took 1 day+, quite fast i thought will drag few more days..
Appreciate m2u fast response and action.
Their customer service agents could have followed through case i reported diligently.
Aishhh now no more worries but i hav fobia to place FD now what if samething happens again.

Anyone look at RAM tatings?
UOB AAA stable - 12m FD 2.3% max $5m
AmBank AA3 stable - 12m FD 2.3% subject to HO approval
Affin AA3 negative - 12m FD 2.6% no max $ deposit

Undoubtedly a lot of ordinary people do not think/know how to grow  up their FD with low sums of money by adding on money from monthly interests and savings.  They rather gamble or stick to their old ways than understand how to use dispersed small sums to grow faster. Normal to find this people have funny idea that need lots of money instead of a system/plans to beat the situations at various times. They need to think a bit beyond the common ideas on how to increase their returns. Most FD depositors simply throw away the time element instead of making good use of it.
A basic problem may be due to the silly idea of passive income or lock-up steady savings, instead of actively scheduling to maximise for more profits. Like got too much money/income, don't know what to do to make more from the money. Got money to make more than normal money, but don't know or don't want or don't care.