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

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MUM
post Aug 24 2022, 12:23 PM

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QUOTE(download88 @ Aug 24 2022, 11:39 AM)
Want to ask fd sifu if put bank rakyat 3.3% 12 months promo, and choose for interest to be received by monthly payment.

What if 7 months later suddenly need to use the fd as emergency fund and require to cash out, is there any penalty charge or deduction inquired?
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While waiting for confirmed responses, if i can still remembered it correctly, previously someone mentioned, no penalty but just all the past interest that they had given you will be deducted. In short you will not get any gains from them for terminating your fd placement before the agreed terms (duration).
MUM
post Oct 28 2022, 05:13 PM

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QUOTE(michaelchang @ Oct 28 2022, 04:51 PM)
"Initially, his mother wanted to lodge a police report but eventually, she decided not to."

This statement makes me suspect his mother knew who took the $ and it's someone close to her.
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Yes ...most probably is, ....

As mentioned in another link to that issue of "80-Year-Old Woman Lost Her Savings Despite Not Using Online Banking At All"

"Some netizens expressed their views that others may have set up online banking for the account without the man or his mother knowing.

If it is an online transaction, others may have set her account up as electronic banking to obtain the TAC code.

Netizens said that as long as anyone got hold of the senior citizen’s debit card and PIN code, they could update the mobile phone number on the ATM, set up an electronic bank, and obtain the TAC code for online transfer."

https://www.therakyatpost.com/news/malaysia...banking-at-all/
MUM
post Apr 12 2024, 01:33 PM

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If these can happens in Spore, ....
Just beware of it to be here too

https://www.straitstimes.com/singapore/fixe...mounting-650000




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MUM
post Sep 20 2025, 07:02 AM

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QUOTE(Syok Your Mom @ Sep 20 2025, 06:54 AM)
Guys, what is the rates at UOB & affin nowadays?
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Googled and found, ...

Uob fd rate
https://www.uob.com.my/online-rates/term-deposit-rates.page

Affin fd rate
https://www.affinalways.com/en/promotions/e...TYmcmVjPTcyMQ==



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