Nope, not for 12 mths. Maybe 13 mth FD one can get half yearly interest, need to confirm if it is true for July mth.

On the previous Monday, AmBank FD matured. Moved it to AmBank AmStar account while waiting for better FD promo.

Then yesterday placed it back to AmBank 12 mth 3.2%. However have to get their HQ approval as they need fresh fund. Since already got >10k in AmStar due to previous placement, so no add'l 10k needed in CASA.

CIMB RM senttoday

📣📣📣📣📣
*Latest update*
📣📣📣📣📣

*CIMB PREFERRED FD rate*


*Effective 12 July 2022*
Latest Fixed Deposit rate as below:-

*🔹Conventional🔹*
1 month *1.75%p.a*
3 month *2.25%p.a*
*6 month 2.45%p.a*
*12month 2.45%p.a*

*🔹Islamic🔹*
1 month *1.75%p.a*
3 month *2.40%p.a*
*6 month 2.55%p.a*
*12month 2.60%p.a*
*❗18month 3.25%p.a*❗


💰Min deposit *RM10,000*


*🔊 Special rate offer for limited time only. Rate change at anytime without prior notice*


_*Terms & conditions apply*_

AmBank 12 mth 3.2% is for sure.

Yesterday just fwd the CIMB rate from my RM, which stated effective yesterday. Looks like 18 mth 3.2% is new, not in what u received ?????

Your RM did not send u the FD update yesterday ? My RM did not send me FD update last week. He seems to be more busy in selling Klibor, retail bonds, structured products than FD, hahaha. He got more commissions from there.........

This post has been edited by bbgoat: Jul 13 2022, 08:54 AM

My AmBank 12 mth 3.2% FD is not fresh fund. The branch asked for approval from HQ then proceeded with it.

Sorry, my RM sent it yesterday. Did not have the TnC. But I would not go for it in view of the OPR going up and the small increase vs the 12 mth rate in AmBank.

As I already has tie up in CASA, so no need to have add'l tie up of 10k. Anyway I think they just want to make sure u have 10k in CASA during the FD placement.

Have to ask, if don't give, take out .........

Not higher rate, fresh vs old fund ................................

Not sure if this was discussed here before. Citibank has been offering for new Citigold customer, min RM400k can get 3.55% FD 12 mth with mthly interest.

Introducer can get rewards. Please check with CB if still available. For Penang side, can PM me , just joking.

This has been in the news and was discussed briefly here. I have been CB customer for a long long time. It will be transferring to UOB later, but the asset will be acquired by UOB. For me, not a concern.

I know of PB customers of UOB also going for this FD offer in CB.

I have recommended my relatives for this CB campaign. Well, nowadays, u have to "endure" some questioning by banks esp foreign banks for new account opening. Depends on individual, it may not be that "painful" ....................

I was invited to a luncheon hosted by UOB recently. Someone asked UOB manager about CB still aggressively looking for new customers with this 12 mth 3.55% FD. He said CB probably is trying to make sure by the time the deal go thru', their asset is higher/inflated. Then later UOB fork out 3.55% for the FD ........................ Just some comment for coffee talk !

This post has been edited by bbgoat: Jul 15 2022, 10:52 AM

From OCBC RM

Good morning ☀️
Please find below for OCBC FD promotional rates -* August 2022* :

*6 months @ 2.55% p.a.*
*12 months @ 2.75% p.a.*

🔹Min. placement RM1K (fully fresh funds)
🔹Min. placement RM50K (existing funds)

*Applicable for both conventional & Islamic account*

Have done some FD of 12 mth 3.2% in AmBank recently. Also 3 mth HL TIAi at 2.55%.

Today HL TIAi matured, saw they changed the 3 mth rate to 2.65%, 6 mth 2.80%. Instead of moving out the fund, decided to do 3 mth 2.65%, while maintain earlier 5 days ago TIAi at 2.55%, not worth to terminate and do new one at 2.65%.

HL seems to be matching some new promo from other banks.

This post has been edited by bbgoat: Aug 4 2022, 12:26 PM

From Affin RM

Affin Bank FD promotion rate FOR INVIKTA CUSTOMER:

ONLY FOR ISLAMIC FD ACCOUNT
- no conventional FD account promotion

9 months 3.20%p.a.
12 months 3.30%p.a.

Minimum placement amount RM50K

Applicable to both new and existing funds

Promotion period from 19 August 2022 until 31 August 2022

*rate subject to changes from time to time, will update again if there is any

*Invikta FD rate only applicable placement over the counter, not applicable for online FD placement

Common knowledge here. If not just go for their normal promo, also not bad as well.

Received from Affin RM. Please note INVIKTA accounts only. Also note 12 mth 3.5% for fresh funds !!

Affin Bank FD promotion rate FOR INVIKTA CUSTOMER:

ONLY FOR ISLAMIC FD ACCOUNT
- no conventional FD account promotion

For existing funds:
3 months 2.80%p.a.
6 months 3.15%p.a.
9 months 3.20%p.a.
12 months 3.25%p.a.

For top up fresh funds 10%-49%
3 months 2.80%p.a.
6 months 3.15%p.a.
9 months 3.20%p.a.
12 months 3.30%p.a.

For FRESH FUND and/or top up fresh funds more than 50%
3 months 2.80%p.a.
6 months 3.15%p.a.
9 months 3.20%p.a.
12 months 3.50%p.a.

Minimum placement amount RM50K

Promotion period until 8 September 2022

*rate subject to changes from time to time, will update again if there is any

*Invikta FD rate only applicable placement over the counter, not applicable for online FD placement

UOB Sept FD Plus promo

6 mth 2.70%

12 mth 3.0%



This post has been edited by bbgoat: Sep 1 2022, 01:57 PM

In Penang. Request from your RM and see loh.

Nope.

Haha, I also don't believe got the 6 mth 5.5% as the best I got was in 2018 for 61 mth 4.80% in BR.

Checked my old records, I did place in this MBSB "5.5%" for 6 mths. But the eff rate is 4.25% with CASA placement. I placed it in Jan 2020, which means that offer was extended to Jan (or later).

If it is 5.5% for 6 mths, it would have been snapped up real quick !!

BNM announcement will be closely watched tomorrow ! Up and up OPR !!

Though some politicians are asking for OPR to stay the same ..........

Ya, I think I will go for highest promo rate and likely to be for 12 mths. New fund ready for next OPR increase.



I got difficulty to understand the long theory that the person trying to say, for a simple topic on FD.

U got it !

This post has been edited by bbgoat: Sep 8 2022, 08:58 PM

Looking back, yes I felt the same as u. Just have to wait for the FD to mature to get into the new rates. Anyway we could not have waited as u would lose more in interests, if just kept in CASA or under the pillow.

Anyway we are here to talk of simple and effetive FD placement. Not what someone make it out to be.