There are other more knowledgeable sifu's in this thread.

Yes, if choose no auto renew, the principal sum on maturity will go into the SA, the one during placement that we choose. Or rather the one that monthly interest go into. So far I chose all the HL eFD to be no auto renew. So no need to terminate it on day of maturity and can immediately go hunting for another FD promo.

Agree.

But I still got 1 FD open last year during Maybank promotion, that one need to go to Maybank to open, and its terms is MUST auto renew.

So need to go to Maybank again on maturity date to take out. leceh

CIMB FD is good. But need to go to CIMB personally to open, and some more, need to open another savings account in CIMB. A bit troublesome.

I prefer Maybank or HLB..

Some of the banks FD promo stated that on maturity, the FD will auto renew into board rate. Can't help it.

I am immune on the banks requirement for SA. Already has SA for those banks that I have FD with.

CIMB: Important notice on extension of campaign period for "6 month & 12 month Unfixed Deposit™ Campaign" & "CIMB Preferred 12 month Unfixed Deposit™ Campaign"

Important notice on the extension of campaign period to 30 June 2017 for the following campaings:

1) 6 Month & 12 Month Unfixed DepositTM Campaign; and
2) CIMB Preferred 12 Month Unfixed DepositTM Campaign

Other campaign terms remain unchanged.

http://www.cimbbank.com.my/en/personal/pre...t-campaign.html

This post has been edited by cybpsych: Apr 18 2017, 11:37 AM

Yesterday terminated BR's FD. OTC ibg to MBB. Placed for 1 day GIA-i, earned 1 day interest.

Terminated the GIA-i, placed for the HL eFD 9 mth 4.15% with monthly interest. As before smooth as silk.

Mr bbgoat,

When you placed FD in a new bank, upon maturity of the FD, which are the best ways to take the money out and move to other banks?

Depending on the sum of you money, Banker's Cheque for "fresh funds", RENTAS for existing bank accounts, crazy enough then cash also can.

Depends on situation. I used banker's cheque, Rentas or OTC ibg, online xfer IBFT etc.

Hi all. I'm about to get a new job and need to open a CIMB savings account.

I just want to get some suggestions on which account type should I open. From my bit of research the AirAsia savings account seems to be attractive enough (since I fly a lot with AirAsia).

I'm interested to hear from the experienced sifus here. Thanks in advance!

EDIT: I realized that I made a mistake with my question (not related to FD accounts). Sorry kindly ignore this post.

This post has been edited by Fushigidane: Apr 19 2017, 12:49 AM

Received from Affin, below promo:

18 mth 4.2%
15 mth 4.15%
13 mth 4.1%

Above 100k, offer till quota met.

Need to deposit rm100k?

For this Affin deal, YES, 100k and above !

dont u guys find it hassle to move $$ to diff banks (open acc when promo then close thereafter once promo finished)

at any time if fresh 10k then u cud have like
hlb
cimb
ocbc
uob

etc etc

If the bank is close to home then it's not be a hassle.

CIMB , offer to all saving account 3% until Aug 2017? I remember they call me

Pure saving account, not FD

This post has been edited by propertymart: Apr 19 2017, 04:53 PM

Example of 12 months
Other banks : RM10,000 x 4.2% = RM420 (using promo) ... expire,renew again elsewhere
Maybank Islamic eFD : RM10,000 x 3.1% = RM310 (using board rates online) maybe some banks are slightly higher

Is the extra RM110 per annum worth the hassle for you? Not for me. I do not have banks near my office, hence would require me to drive there, find parking, conduct the transaction and go back to office. I'd rather place online then.

What if the FD is RM100k? Difference would then be RM1,100 .. yes, that makes a difference for me.

Worth it or not, is up to how you value your time and the quantum of your placement.

I am lost. What is your message versus my earlier post ?

Edit: Or u are just saying CIMB has SA offer of 3% till Aug 2017 ? We are discussing FD here.

Agreed.

It is the quantum involved. Can differ from person to person.

This post has been edited by bbgoat: Apr 19 2017, 05:52 PM

CIMB is offering 3.8% p.a. for 3-months FD for minimum 10k. It is not an official promotion, so need to ask from the counter. Might differ from branch to branch. Can get higher rate if the amount is big or if you are a Preferred customer subject to management approval. Can get upfront interest if opt for the Islamic FD (FRIA-i Why Wait).

I went to Hsbc to uplift on Monday. Requested for otc ibg and done by 10:30am. They didn't do it for me until the next morning 10am. I got my fund in Maybank only 3:30pm on Tuesday.

Can I sue? Hehe