Luckily I placed some yesterday for 24 months 2.6%, is purely to maintain the preferred status.

I thought you were at 1 time a big depositor with BR and getting their free gifts?

The towels I used to get were only face towels but of late, they kept saying the free gifts are out of stock and not sure when it will be restocked.

Hopefully if tcken is in KL/PJ can enlighten us where there is free gift stock.

CIMB does not have any promos at the moment but the TIA for 12 months is 2.6% which is not that bad though it may change anytime now.

Just went to Bank Rakyat to successfully add additional funds for 11 months promo. Same here, the staff have no idea when will the promo be stopped.
On the other hand, the FD rates have been revised as of today:

I just got their SMS this morning, so seems like is still available until further notice / expiry, hopefully.

I have asked Bank Rakyat before, it is not possible to auto-uplift upon maturity. So far I only know Affin bank has this feature.

On another note, for the past 2 placements at BR I got a glass bottle with holder.

Maybe I experienced CIMB allows it but I cannot remember it is for FD or TIA account.
I will continue to ask the other banks when I open FDs there.

Long time ago, I used to alternate opening FDs at 2 different BR branches because of this free gift problem as I faced similar issues too, sometimes 1 branch will have gift, the other does not.

I did consider switching from FD to ASM since max now is 2.75% 11 months & moreover, I am not sure if this kind of rate will remain even after 11 months.
However, since MCO started, I did try many times & only gotten a measly RM100 & given up since.

I did starting putting some money in bond funds though.

Not sure if anyone here uses Ambank eFD but my eFDs been facing some issue since last month where I cannot redeem online.
Apparently it is a known issue and in order to redeem / uplift an eFDs for the time being, I need to go to the branch to do it.

I was also recommended ASNB bundle with FD maybe 3% pa 6 months but didn't go for it as I see the performance does not appear good at the moment.
Also, the UT bundle with FD has conditions, only those funds which impose normal sales charges are eligible.

Bank Rakyat usually seems fine except once I was asked where did the funds originate from.

Previously when I was in CIMB Bank, there was a couple who brought in a large amount of cash & kept insisting that they were not required to inform the source of case but in the end they were turned away for refusing to answer that question.

I just saw this in my CIMB clicks account though the rate is still not as good as TIA.

This post has been edited by gchowyh: Aug 26 2020, 05:25 PM

Thank you for your post. I checked mine and is the same, it has reduced from 2.6% in July to 2.3% and I double confirmed the accrued profit is calculated on a daily basis based on 2.3% so hopefully by July next year the rate goes back up, I hope. Nothing much can be argued as the officer kept reminding me that it is not even capital guaranteed so I am still considering should I switch to FD or something else.

The only positive part is that for premature uplifting, we will still get 50% of the interest.

I am also desperately hoping there will be some sort of promo this few days as I have a few FDs maturing.
Since the quota has reached for BR, even if they come out with a new promo, it will be a lower rate and I believe they will wait & see what is announced during the BNM meeting on 10 Sep.

Seems like is down every afternoon till about 6pm, at least for the past 3 days.

I have a tip, try using cimbclicks mobile app, somehow is still able to go in even though the web site was down.

I was also initially scared that I did not get any notification after transferring some funds to my Cimb account but the funds were there and I was also able to pay my credit card thru the app.

Summary so far (guess will be valid till the next MPC meeting on 10 Sept) :

CIMB efd:
3 mths 2.10%
6 mths 2.20%
12 mths 2.25%

HLB efd:
3 mths 2.30%

UOB otc:
7 mths 2.15%
9 mths 2.25%

AFFIN efd/otc:
3 mths 2.40%
5 mths 2.50%
6 mths 2.48%

BR otc:
12 mths 2.30%
12 mths 2.40% nego rate for RM50k & above

So far in my experience, it has always been +0.1% more if > 50k


I understand what you mean. The first time I asked after the 2.75% 11 months promo ended, they seem put it as if though is very difficult to get the nego rate.
I even had to fill up a letter to authorise the placement since I was not able to get the cert the same day.
For subsequent round, it was easier as I asked them a few days before placing the funds.

So I guess:
1. Need to confidently ask
2. Need to build some sort of rapport with the bank staff

For me, when there's promo rate, no nego rate.
Yes, there was a short period of time when there was no nego rate and no promo rate at all.


Yes, it is useful. I tried showing FD certs for car loan before but how much is sufficient for X amount of loan, no one could tell me so far.

Nope, the car loan is not with the same bank, quite difficult for that to happen especially when chasing FD promos.

I think I was around this forum at that time when bbgoat said there was nego rate on top of the promo rate and I did ask on my end but could not get it

Luckily I don't have to squeeze out every single penny for FDs this time.

The branch I go to used to have coffee but since MCO started, they removed the counter.
I was also observing other customers, seems like none asked for nego rate but instead still trying their luck if the 2.75% promo is still on.


If you managed to get +0.1% in the 'old times' on top of the promo rates then good for you.
I never got it with 2.75% or any other previous promo rate