Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed
12 Pages « < 5 6 7 8 9 > » Bottom

Outline · [ Standard ] · Linear+

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

views
     
gchowyh
post Jul 12 2019, 02:52 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(pearl_white @ Jul 12 2019, 01:55 PM)
4.23% for 15 months 663, and setup 10:1 = effective rate 4.15%pa.

Better nego with BR with a minimum (RM30K and above) of 4.1% for 12 mths (subject to branches) and get monthly credited interest which will give you an effective rate of circa 4.19-4.20% (depending if you like to round up or down).
*
For the 10:1, I already withdraw almost all the money from my SA without any issues so they do not actually earmark it.

You may want to check this out starting next week as I will also be aiming my funds there for end of this month:

QUOTE(lawr0202 @ Jul 11 2019, 01:23 PM)
Bank Rakyat
3.98 for 7 months
4.28 for 11 months
15 Jul–15 Oct
*
gchowyh
post Aug 2 2019, 04:09 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
Just curious, anyone tried to place Affin Islamic 4.23% pa. 15 months promo this 2-3 days?
I was told that it has reached the quota though I was not convinced as I saw another cert on the teller's table with 4.23% on it.

Anyhow, i went for Bank Rakyat 4.28% pa. 11 months instead

This post has been edited by gchowyh: Aug 2 2019, 04:10 PM
gchowyh
post Sep 4 2019, 12:58 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
Just to share for existing ambank account holders, there is a savings account called e-flex which gives the standard 3 months FD interest rate of 2.95% as long as the balance is kept above RM 10k.

Is nothing to shout about but is very good if one is using it for transactions.
gchowyh
post Sep 5 2019, 05:35 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(unknown_2 @ Sep 5 2019, 10:59 AM)
affin has always been a bit slow.
placed eFD, then it dint deduct any money from my account, ntgh.
then the next business day only process, the money missing from my account, but my eFD account is not shown yet.
took another business day b4 the eFD account is shown.
but it did back date to my initial placement date la.

when i'm new to affin, it made me nervous for a bit cuz money suddenly missing.
oh yeah, the 1 more stupid thing. if u place eFD, bcoz affin dint immediately deduct the money from your account or locked that eFD amount, u could end up over spent hence the eFD placement will fail.
*
I guess you're lucky that the system has somewhat changed. I encountered the same issue as '??!!' so I decided never to place an online FD at affin anymore.

Mine was worse, after 3 working days I asked them and they said 'Is better you do it OTC as there is no difference since you need to sign the cert' and the worst part is, they won't even backdate the cert. Between Affin and BR, I would choose BR as Affin is Super Slow in their service, I can be next in line at the bank but can still take 30 mins to complete my transaction.
gchowyh
post Nov 4 2019, 02:13 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
Just got back from FD hunting:
1. CIMB TIA 6 months 4% pa. promo extended until 10 Nov 2019
The following still continues until further notice:
3.8% pa for 12 months
3.9% pa for 6 months

2. AM Bank priority, promo 12 months 3.25% pa, just for info only.

3. Affin Bank, some branches have stopped accepting new FD placements even for 11 months & below. No rate stated at all for 12 months and above. Not sure when new 'quota' will be given. I suspect maybe because the government servants' salary go to Affin Bank so they have a lot of cash but not many lending customers so they restricting deposits.

This post has been edited by gchowyh: Nov 4 2019, 02:14 PM
gchowyh
post Nov 4 2019, 02:35 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(WaCKy-Angel @ Nov 4 2019, 02:17 PM)
What is CIMB TIA ?
Btw anyone which bank has the best rate now for >12mths ?
*
TIA = Term Investment Account -I
And I was reminded that TIA is not PIDM covered.
gchowyh
post Nov 4 2019, 03:41 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(henry930821 @ Nov 4 2019, 03:22 PM)
Regarding non-PIDM coverage, were you referring to only CIMB TIA? Because my MBSB TIAs are all covered by PIDM.
*
Yes, CIMB TIA, not sure about MBSB
gchowyh
post Nov 4 2019, 04:59 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(Xaser_3 @ Nov 4 2019, 04:39 PM)
Come to think of it, quite scary when the banks are being selective with their FD conditions and restricting deposits. Smells like something bad brewing we are not aware of.
*
Exactly, that's my first thought especially being the first time I ever heard of a bank not accepting FD placements at board rate.

Even if I might be able to place e-FD at Affin, I will give it a skip especially when I already have placements there
gchowyh
post Dec 5 2019, 05:44 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(joeblow @ Dec 5 2019, 12:37 PM)
Quick update, just went cimb 3.9% for 6 months. Never ask conditions etc. Went Ambank 3.95% both 6 months and 1 year FF with 10k in savings. They don't hold the 10k, meaning can withdraw next day. I chose Ambank in the end since 10k can withdraw anytime.
*
This is the version I got from Ambank: I was told only of the 12 months 3.95% pa promo minimum 10k placement and 10k in current / savings account. They even mentioned the 10k can be the total amount of all your banking accounts. Fresh funds not required as I am renewing the previous year's Ambank FD promo which as at 4.3%

QUOTE(sonic31s @ Dec 5 2019, 12:42 PM)
Can I know which area offer 3.95%? 12 months?

Cheras area seem don't have this high offer...
*
I believe you need to ask and there's no printed flyer, the branch I asked is in PJ area
gchowyh
post Dec 6 2019, 04:50 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(Human Nature @ Dec 5 2019, 07:53 PM)
Can you withdraw the RM10k at anytime as reported by another forumer?
*
I'll confirm it on Monday but since they said the 10k can be a combination of few savings / current accounts, I don't think they will earmark it.
gchowyh
post Dec 9 2019, 04:19 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(Human Nature @ Dec 5 2019, 07:53 PM)
Can you withdraw the RM10k at anytime as reported by another forumer?
*
Just confirmed can withdraw the rm10k


QUOTE(skysboyz @ Dec 9 2019, 09:22 AM)
They told me that 10k min is for priority customer, non-priority customer need to have balance at least 100K?
Is that true?
*
For non-priority customer, you can have RM10k in savings / current account while the remaining RM90k put under the promo FD. Then after putting in, take out part of the 10k.
gchowyh
post Jan 9 2020, 06:16 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
CIMB Bank TIA 4% pa. for 3 months and 6 months, minimum RM10k until 31 January 2020
(should have gone for Hong Leong since is 4.25% but don't have account and lazy to open 1 there)

CIMB preferred FD 3.75% for 12 months, minimum RM10k also

This post has been edited by gchowyh: Jan 9 2020, 06:19 PM
gchowyh
post Jan 17 2020, 03:05 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
OCBC premier 3.8% for 12 months until 31 January 2020 minimum RM 10k

For Ambank, I was in fact told last week no promo at all.
gchowyh
post Feb 3 2020, 04:08 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(bbgoat @ Feb 3 2020, 10:50 AM)
CIMB RM just replied that they are working on new TIAi promo. So hopefully by tomorrow morning can hear good news with rate better than HL 3.9% for 6 mths.  biggrin.gif

Note TIAi is NOT FD as such. Investment product.
*
I can't wait for CIMB's TIA, so I just opened a Hong Leong account for 3.9% pa TIA 6 months

I also asked Ambank priority but they only have 3.25% pa. for 12 months, nothing special.

For Affin, if able to get 12 months FD, it would be 3.6% which is not too bad.
gchowyh
post Feb 5 2020, 11:01 AM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(sandkoh @ Feb 5 2020, 10:06 AM)

ocbc 6 months 3.4%,12 months 3.55%
*
If not mistaken, it is for premier wealth customers some more.


QUOTE(@Adele @ Feb 4 2020, 06:12 PM)
Hi guys this TIA i investment, the 3.9% fr hongleong is just estimate not fixed ke? If incur losses how? Means makan into our funds isnt it

Looking to put some fresh funds into FD. Any suggestions appreciated thanks
*
I have been putting into TIA investment promo for few years and so far is identical to FD.
I somehow feel more comfortable with TIA compared to bonds.
gchowyh
post Feb 5 2020, 11:34 AM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(David_Yang @ Feb 5 2020, 11:24 AM)
Don´t think so. Maybe for super premier wealth that have a load of Unit Trusts with them.
*
I was quoted the same 3.4% pa for 6 months and 3.55% pa for 12 months as a normal premier wealth customer.


QUOTE(David_Yang @ Feb 5 2020, 11:24 AM)
The problem is that we have reached no mans land with two fast rate cuts by BN and a third one to follow this year. No help to look back just "a few years", you need to look back what happend in 2009. Sorry, I have no idea, so for me it is indeed no mans land. So at the moment I avoid this "special" products like TIA.
*
Understand your concern but Bangkok bank is troublesome to go and Hong Leong's promo FD is too low so this is the only next best place to put in.
gchowyh
post Feb 6 2020, 02:35 AM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(userA123 @ Feb 5 2020, 01:26 PM)
FYI, Monorail station is right in front of Bangkok Bank KL Branch. No other banks I know of is so convenient.
*
Thanks for the tip but I usually do my banking in PJ area.


QUOTE(idoblu @ Feb 5 2020, 10:55 PM)
Last time yes but now affin like not interested in accepting FDs
I just put today, only got 2.75% for one month and interest must cash out, cannot reinvest.
*
Affin Islamic still not accepting FDs 12 months & above


QUOTE(qu3vax @ Feb 6 2020, 12:54 AM)
https://www.cimbislamic.com.my/en/personal/...s&n=investments

6 months 4.00% p.a.
*
Please verify with CIMB, they no longer offering that rate.
gchowyh
post Feb 6 2020, 10:40 AM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(userA123 @ Feb 6 2020, 10:35 AM)
These questions are meant for American citizens. How did you get to this page?
*
Standard SOP for opening bank accounts now. I was asked this question at Hong Leong also.

In fact, if you bring large amounts of cash to open a bank account, you will be asked some questions like the source of it. I encountered at CIMB some months ago someone walked in with lots of cash and refused to answer and was turned away by the bank. The person even claimed that other banks allowed it which I don't think so.
gchowyh
post Feb 6 2020, 03:39 PM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(userA123 @ Feb 6 2020, 10:54 AM)
It is a requirement from BNM.

Now, transaction above 25K needs to be reported as well. Used to be 50K.

As for the questions posed above, I don't know how to answer them as a Malaysian.
*
QUOTE(skyvisionz @ Feb 6 2020, 11:08 AM)
So i need to tick yes or no lol
*
I believe the answer should be all yes
Or maybe if you select yes for first question, all the other questions become not applicable?


Coincidentally, I am reading the Rosmah case and back then it seemed so easy to even take RM 5 million cash which even the branch level did not have such an amount.

This post has been edited by gchowyh: Feb 6 2020, 03:50 PM
gchowyh
post Feb 7 2020, 11:44 AM

Enthusiast
*****
Senior Member
860 posts

Joined: Jan 2003
From: Petaling Jaya
QUOTE(mamamia @ Feb 6 2020, 11:55 PM)
Anyone manage to open HLB acc without Debit card? My bro went to HLB to ask for BSA without debit card, the staff insist that all acc is come with debit card n chargeable for RM8 AF..

For FPX, is it max per txn is only RM30k from MBB? Do we need to change txn limit or it is default to 30k per txn?
*
I was given the option of either having the debit card or not.
If you confirmed it earlier, you can argue with them and ask them to check properly
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

12 Pages « < 5 6 7 8 9 > » Top
Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0572sec    0.67    7 queries    GZIP Disabled
Time is now: 15th December 2025 - 01:44 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.