Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed
12 Pages « < 4 5 6 7 8 > » Bottom

Outline · [ Standard ] · Linear+

 Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only

views
     
gchowyh
post May 3 2019, 11:00 AM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
UOB D.Uptown: Visit us on Saturday 4/5/19 (10am-2pm). Enjoy 12 mths FD promo rates of 4.18% pa with min RM10k new funds.
gchowyh
post May 13 2019, 12:30 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
I think Bank Rakyat has revised their rates:
12 months: 3.85 %
24 months: 4%

Reference:
http://www.bankrakyat.com.my/c/personal/sa...ount-18/deposit

QUOTE(hammerjit @ May 10 2019, 12:10 PM)
Top 4 FD Promo - Updated 13th May 2019

Above 12mths
(1) Affin 4.15% for 13 months up to 24 months. Interest paid every 6 months to saving. Min RM 10K. This is board rate  -- Updated on 7 May 2019
(2) Affin 3.90% for 12 months. Interest paid on maturity. Min RM 10K. This is board rate
(3) Bank Rayat 4.25% for 24 months. This is board rate
(4) Bank Rakyat 4.10% for 12 mths. This is board rate.

Message from neil888 on 2nd May 2019:
Negotiate with MBSB 4.52%pa RM 50k quarterly interest for 24 months (18 months for hammerjit) approved by HQ

Message from kplaw on 7 May 2019:
Just placed the 4.65% 24months at Bank Islam kuching. According to the counter the promotion will end on 10/5/19.

Below 12mths
(1) Bank Islam 4.4% for 6 months. Min RM 5k. Available until 30th June 2019
(2) Bank Islam 4.2% for 3 months. Min RM 5k. Available until 30th June 2019

Top eFD - Place FD online
HLB 3.95% eFD for 6 months. Min RM 10K. Available until 30th June 2019

For more details on bank FD promo, click on spoiler

» Click to show Spoiler - click again to hide... «

*
gchowyh
post May 24 2019, 01:09 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(voc888 @ May 24 2019, 11:15 AM)
Managed to get 4.35% / 24 mths @ Affin Bank mou ? The branch I went this morning claimed no such promotion, only 4.15% / 13 mths available.  mad.gif  mad.gif  mad.gif
*
Same here three, they said haven't heard of such a promo, the best rate is 15 months FD at 4.23%, minimum RM10k with RM 1k earmarked in savings account.
gchowyh
post May 24 2019, 01:52 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(lowya @ May 24 2019, 01:42 PM)
are you sure min 10k for that 4.23%? i placed at 4.15% 15m cause less than 50k minimum as told at the counter.
*
Yes, sure but remember you have to lock RM1k in the savings account so to make it worth it, have to put more since savings account is only 0.35% interest for 1k.
The branch I went to was Affin Islamic at SS2, Petaling Jaya.
gchowyh
post May 24 2019, 02:33 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(joeblow @ May 24 2019, 02:04 PM)
I placed it on 14th May 2019, 24 months at 4.35% (should be more than 24 months but they gave me 24 months), amount is more than 50k. As I explained this promotion not published, it was a sheet of paper where the instructions are the branch manager need to negotiate with the client. ie do not give the rate unless really necessary.

Maybe this promotion no more or only restricted to that branch though I doubt so. I will confirm in June if this promotion still valid or not.

user posted image
*
Is your branch in Klang Valley or where is it?
Some branches may have different policies, eg. I have been to the Rawang branch which always still provides a gift whenever you open a new FD with them where others in PJ said there is no such thing in recent times.
gchowyh
post May 30 2019, 12:57 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
This is the flyer I managed to take a photo of at Affin.

The teller told me only need to ear mark 1k for 1 month.



Attached thumbnail(s)
Attached Image
gchowyh
post May 30 2019, 03:16 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(Wong Kit yew @ May 30 2019, 02:45 PM)
If 15 months earmark 1k for 1 month then this is a very good offer at the moment. Thanks for making it clear.
*
Yep, I did go for the offer and I placed much more than RM 10k 15 months FD to only have RM1k earmarked for 1 month.
In addition, interest is paid every 6 months and there's auto-uplifting to the savings account upon maturity.
I tried to do it with CIMB and AM Bank before but they said not possible to have auto-uplifting.
gchowyh
post May 30 2019, 03:54 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(pikeydude @ May 30 2019, 03:45 PM)
What's the meaning of "ear mark 1k for 1 month" ?
*
Means you cannot take the money out of the account for 1 month
gchowyh
post May 31 2019, 12:44 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(bbgoat @ May 30 2019, 08:39 PM)
Today I uplfted AmBank FD. AmBank has no FD promo recently.

I went to Affin to place the 13 mth 4.15%, 6 mth interest FD.

The 4.23% FD, is the ratio 10:1 or just 1k even for more than 10k FD? There was some confusion over the CASA requirement. Earlier it was said to be 3 mths.

If really 1k in CASA and for 1 mth only, then the 4.23% deal is better than the 4.15% deal.
*
To be honest, I think there is no fix rule on the earmark as I checked my bank account the current and available balance is the same unlike some other banks where the amount is really 'locked' and you cannot withdraw it.

Anyhow, as Deal Hunter mentioned, it would be better you nego with your respective branch.

Next round, i'll check with an Affin Bank branch instead of Affin Islamic Bank on their promos.
gchowyh
post Jun 4 2019, 03:26 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(bbgoat @ Jun 4 2019, 10:17 AM)
Called to Affin Bank officer, got FD promo which is slightly different from what has been reported.

Conventional:

13 mth 4.15%, no need CASA ear mark

15 mth 4.48% in CASA 10% for whole tenure (obviously not a good deal for FD folks here, I told the officer jokingly bluffling the commoner  tongue.gif )

Islamic:

15 mth 4.23%, no ned CASA ear mark

Please confirm with your Affin bank branch before u decide to place the FD. Please note above for fresh fund
*
I knew it! The RM 1k seemed like just for show for the Islamic one but i'll just leave it inside for 1 month just in case.

13 months and above at 4.15% is the normal board rate as shown on the web site

https://www.affinonline.com/rates#retail_co...nternet_banking
gchowyh
post Jun 11 2019, 05:04 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(Wong Kit yew @ Jun 11 2019, 04:45 PM)
user posted image
*
I checked the posting of that banner and it seems most of the information is outdated.
gchowyh
post Jun 13 2019, 12:05 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
UOB Damansara Uptown 15/6/19 10am - 2pm
7 months FD promo rate at 3.8% min RM 10k

CIMB preferred also 3.8% for 12 months, min RM 10k

Unfortunately both not that attractive.
gchowyh
post Jul 2 2019, 05:14 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(aeiou228 @ Jul 1 2019, 01:17 PM)
Affin FD rates update.

All promos ended. Highest rate now is 4.15% 13months. Half yearly interest. Applicable to renewal or fresh fund.
*
I just placed 4.23% for 15 months yesterday at the conventional Affin Bank branch but under islamic account.
However, it was very slow and long wait as I was told every 1st of the month many people open new bank accounts there.
gchowyh
post Jul 3 2019, 02:59 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(okuribito @ Jul 3 2019, 11:30 AM)
I hv conventional fd there but no islamic. Did you have to open additional islamic savings account? And did you have to put in 10% into CASA?

As for customer service, my experience is not good. Normally only 2 staff working & damn slow - not even crowded. Notice each customer they take at least 30mins  dry.gif
*
Do take note there are 2 promotions in affin for 15 months FD, ie.
1. 15 months 4.23% islamic FD
- Islamic savings account is required to be opened and 90:10 is not really required as some has reported slightly differing conditions.
- I managed to withdraw all the money in the savings account except for about RM 300+ in it a day after placing the FD

2. 15 months 4.48% conventional FD - 90:10 is required and the 10% must be left in the account for the full 15 months

QUOTE(David_Yang @ Jul 3 2019, 01:35 PM)
Also would like to know - 10% CASA means the effective rate is 3.81 instead 4.23.
*
10% CASA is for the 15 months 4.48% promo FD as explained above

QUOTE(cclim2011 @ Jul 3 2019, 02:00 PM)
hello. anyone know if affin esaver (online saving account) can be used for the 90/10 scheme for affin fd? it has better interest rate i reckon compared to conventional at <20000 in saving acct.
*
It should be able to be used as long as is not an islamic account.
gchowyh
post Jul 3 2019, 04:12 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(BoomChaCha @ Jul 3 2019, 03:43 PM)

I just found out not all Affin Banks offer 4.23%.
You need to check around to see which branch has 4.23%.

Usually branch has more customer will offer 4.15%; branch has less customer
will offer 4.23%.
Does Affin 4.23% need fresh fund?
*
I actually renewed my previous Affin FD 4.3% 24 months FD with this 4.23% promo and they did not ask if is fresh fund.

Also, the only good part about Affin is that the FD can auto-uplift to savings account upon maturity.
But must make sure they put this instruction in as I encountered a few times they did not listen and did not read my application form.
gchowyh
post Jul 4 2019, 03:01 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(okuribito @ Jul 4 2019, 12:59 AM)
thank you  thumbsup.gif
I once had a 1mth cert with Affin that matured on a Saturday. When I went to uplift on Monday, I was surprised to get extra interest for Sunday. Didn't ask them though LOL Anyone else experience this?
*
QUOTE(BoomChaCha @ Jul 3 2019, 04:29 PM)
Oh...I have Affin 4.3% 24 months with every 6 months interest payment to my affin saving
and this 4.3% FD will mature this month. I am thinking to renew it with Affin 4.23% too...

Yes, uplift to saving account at least can earn some interest from saving account if you are late to
withdraw your FD..

Thanks.. thumbup.gif
*
For Affin, I always try to make the FD auto-uplift as many times the amount is manageable at about RM50k where I can just instant transfer to the next promo, if is not in Affin. So i never experienced the extra interest unfortunately.


QUOTE(bbgoat @ Jul 3 2019, 05:48 PM)
Yes, what u said is correct. THe 15 mth 4.23% Islamic FD no need CASA. I have placed for it on June 7 onwards.

Today I checked with Affin BM, he said the above FD promo still available. He asked me to let him know in advance so that documents can be prepared before my arrival. The last time I placed it, it too about 7 or 8 minutes only. The officer prepared documents and I just signed it.

If nothing great comes, tomorrow will be going for Affin 4.23% FD. biggrin.gif
*
You're lucky service is good over in Penang. I so far been to 3 outlets in Klang Valley and all are not good. There was a time I even highlighted to them how come only 1.5 counters opened when there are like 10 customers waiting in queue? They say nothing much they can do. The 0.5 counter is because most of the time that counter is not calling numbers and there is even someone sitting on the 3rd counter and not calling numbers at all.

So I really hope by 31 July there would be some other promo elsewhere which is when another FD is due.
gchowyh
post Jul 4 2019, 04:52 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(cococoffee @ Jul 4 2019, 04:28 PM)
No sad.gif  Actually I'm in Penang.
*
I would suggest you check with bbgoat then, he's the FD king in Penang rclxms.gif rclxms.gif rclxms.gif
gchowyh
post Jul 4 2019, 05:31 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(frozz@holic @ Jul 4 2019, 05:25 PM)
Mind sharing the branches ? pm me is fine too thanks.
the one i went before Affin kemuning is as slow as you can imagine, even slower than slow king BI

*
The branches are SS2, Sea Park and Rawang (not sure how many branches are there in Rawang though)
There was only once SS2 was very fast where the receptionist actually did the whole placement of FD
gchowyh
post Jul 12 2019, 12:27 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(donhay @ Jul 10 2019, 08:42 AM)
Went to place FD Affin Bank Islamic 4.23% 15 months in MYTOWN cheras KL yesterday (9/7). I hope others can continue do the same.
*
Is either some affin branches are misinformed or lots of fake news going around. Just did another placement for 4.23% also and this time very fast, first in queue

user posted image
gchowyh
post Jul 12 2019, 12:46 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(hammerjit @ Jul 12 2019, 12:41 PM)
...usually this promo will end when reach quota...but some branches still offer because they might not have reach their targets.
*
Yes it might end, but if not mistaken for Affin, the quota is bank-wide, not set at branch level?
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

12 Pages « < 4 5 6 7 8 > » Top
Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0482sec    0.45    7 queries    GZIP Disabled
Time is now: 15th December 2025 - 11:57 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.