for now, nothing new.

US fed expected to raise another 1.25% by year end.

RM/$ now at 4.62... expectations it will go to 4.80 by year end.

at that time, BNM may hv no choice by to raise 50 or 75 bps.

5% FD would mean 6% or 7% housing, car loans etc. assuming 1-2% NII spread for banks.

Are you willing to pay 6-7% interest for your loans?

Rates are double-edge swords. You can't please both creditors and debtors at the same time.

Cxxx bank doing promo for new to bank PURE FD  3.8% for 6 month with amount of 500k , can opt for monthly interest , no need to put in casa ,no investment .If you refer another person to put pure fd with 500k , both parties can enjoy extra 1% which is 4.8% for 6 month . Any enquiry can contact my RM "0172346138".

6 months too short, if they can offer 60 months, I will be keen

Cxxx bank doing promo for new to bank PURE FD  3.8% for 6 month with amount of 500k , can opt for monthly interest , no need to put in casa ,no investment .If you refer another person to put pure fd with 500k , both parties can enjoy extra 1% which is 4.8% for 6 month . Any enquiry can contact my RM "0172346138".

Which bank and until when?

Seems like this 4.8% need to be new customer with referral, at least this is what my rm said. If you deposit cheque etc, they can backdate for you. ie once cheque cleared they issue the fd on the day you deposit.

36 yrs playing stocks with double digit gain very kaya lo by now.
surprised you still worry not enough to spend...

but stocks are like that can earn so much can lose so much.

My stocks value now left RM200k+ ..had i not played stocks since 1990 put them in FD now easily >RM1.4 million
play for fun only. My recent buys Tenaga Genting all going down also

actually for big earner no need aim high, a safe and steady 5-6% enough.

Say 20 yrs ago we put RM3million in FDs and add RM120k pa from income
earning a modest 5% pa..by now around RM12Million ,earn 4% is passive income RM40,000 a month

Yes. I believe it's the CASA bundle. Previously 5.9%. So E.R will be around 4.3% Plus minus a bit

Marketing strategy.

It is designed to increase search cost for consumers and introduce inefficiency and frictions into market information, to discourage consumers from searching across so many different banks for the "best" rates.

But thanks to this forum, their attempt has failed.

Ya - lor. This one i agree.

Keep doing withdraw until a few months no interest 

I keep laughing at myself 

Dear Ambank Customers,

Ambank *ISLAMIC TD-i & CONVENTIONAL FD*

*1 month @ 3.38% p.a*
*2 month @ 3.50% p.a*
*3 month @ 3.75% p.a*
*4 month @ 3.85% p.a*
*6 months @ 4.0% p.a*
*12 months @ 4.10% p.a*
*15 month @ 4.30% p.a*
*18 month @ 4.50% p.a*

Offer validity:
*2 Dec 2022 - 31 Dec 2022*

1. *Applicable for Islamic TDi / Conventional FD & FRESH FUNDS
2. Placement criteria : min RM 10k CASA balance is COMPULSORY
3. Applicable for *TD-i / FD > RM10k only*
4. Applicable for SPB & Retail SME

Just made a placement for 4.5% for 18 months at AmBank together with signature priority registration. Was told that interest will be credited every 6 months into the savings account.

Ah dang. Sri Petaling branch.