That's why from the beginning I was very skeptical when it was first brought up for discussion.

As somebody has already mentioned, where got such big frog jumping freely on the road.

Senghock - Thanks for the detailed explanation

you are most welcome, i am glad that u can understand what i am written.haha

what do you think about this plan ?
according to OCBC they are using conservative 5%++ yearly return for calculating the STEPUP return and the return rate might be higher.

lol, now we can focus back on real FD instead of some investment linked insurance

Pure FD promotion, now is it hong Leong bank is the best 2.6% for 3 months?

OCBC doing 2.7% for 10 months, this month.

I guess PBB's 2.58% for 4mths is slightly better, considering we won't really see an increase in the rates.

Agreed


Asking the real question here, im going to put my fd by monday, has been delayed for a week, so affin 2.88/6mth or hlb 2.6/3mth

Hlb can get 2.65% if big amount

Have anyone got into this situation before, or can advise the best action ?

Yesterday I transfer via FPX for the MBB 2.59 eIFD promotion, which I have done before, but yesterday the transaction hang right before it returns to MBB website. So I have the SMS from HLB that the money is transferred out, FPX email that the transaction is success, but no FD is placed in MBB. I waited until today to place another transaction which is successful, but yesterday FD is still missing.

Tried calling Customer service, but service center is close. Should i report via writing ? Wait until after Raya ? or any other numbers I can call for assistance ?

MBB eFD system is bad. First, unlike HLB and PBe, MBB never show the promo rate during we making placement eFD online (eg: 2.59% p.a@ tenure 6M), then after you made placement eFD, MBB give you normal rate, you will regret . Second, MBB FPX system got problem. yesterday morning 8am , I was making eIFD via FPX from Hong Leong Bank I have received an "unsuccessful" message. However, the money has been deducted from my Hong Leong bank account. I went to the MBB branch to check, the MBB information counter staff and have not credited back into my HLB account within 24 hours and asked me go home and wait. Until now it has been more then 24 hours but the fund have not credited back HBB account. Today is Saturday, tomorrow and Mon 25 May will be Hari Raya and Tue maybe replacement. MBB is so troublesome, I'm so worried my fund.

Thank you for sharing your experience.
For the record, I made my transaction at 7pm yesterday. It is admirable that you went to follow up immediately at the bank ( the queue is horrible, I was at the bank yesterday for another matter).
I have decided on the safe side to report via writing at the MBB website, while waiting for the banks to reopen after the holidays.
I do have the FPX email stating the transaction is successful, so I'm going use that for filing the report.

I got some helpful info from Paynet FAQ.

While making payment using FPX, I have received an error / unsuccessful message. However, the money has been deducted from my bank account. What should I do?
In the event that your account has been deducted but the transaction was unsuccessful for some reasons, your money will be credited back into your account by your Bank. You can contact your Bank for the reversal status by providing the FPX Transaction ID or Merchant Order No. as a reference. You may also provide the screen shot of your payment that displays the FPX Transaction ID or Merchant Order No.

The merchant claims it has not received my payment although the FPX transaction status is successful. What should I do?
FPX transaction status is final and the merchant is obligated to deliver the goods/services or to update your payment in a timely manner. In this case, you should contact the merchant for the delivery of your goods/services purchased. You can provide the necessary details such as the online receipt issued by FPX/merchant or the email notification received from FPX that contain the following details:

i. FPX Transaction ID
ii. Merchant Order No.
iii. Payment amount;
iv. Date and time of the payment.

I tried to PM MBB in FB Messenger, MBB replied within few hours. They want me to send the screenshot from the FPX email as well, then they will investigate. I think Twiitter Message them also can.




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My SC Business Development Executive said the FD promo they got is 3m 2.6% pa capped at RM 100k placement.

Good response from MBB, but bad experience for this time. MBB eIFD system is no good ( didn't show promo rate, difficult to apply eIFD if FPX from other bank...). Next time if MBB if apply eFD for MBB still need to think twice.

https://www.alliancebank.com.my/promotions/...ed-deposit.aspx

Alliance bank offering 2.8 - 2.85% for 12 months pure FD

Summary FD Promotion
Refer post 16472
https://forum.lowyat.net/topic/4154481/+16460
3m at 3.15% for Alliance Online selected customer
4m at 2.58% for PBe
6m at 2.88% for Affin Online/OTC
10m at 2.70% for OCBC eFD


Affin eFD
14 May 2020 to 30 June 2020
3mths 2.68%
6mths 2.88%
min: RM10k
max: RM10k


https://www.alliancebank.com.my/promotions/...ed-deposit.aspx
Alliance Bank
Offer 1 (Valid until 31 May 2020 only)
12mths 2.80% non privilege banking customer
12mths 2.85% privilege banking customer
min: RM50k fresh fund
Fresh Funds in CASA: min RM10k

Offer 2
5 months step up fd
month 1: 2.7%
month 2: 2.8%
month 3: 2.9%
month 4: 3.0% (effeective step up rate)
month 5: 3.6%
Min: RM50k fresh fund
Fresh Funds in CASA: min RM10k

Offer 3
Refer link above for info
Unit Trust + Fixed Deposit
Bancassurance + Fixed Deposit


https://www.hlb.com.my/en/personal-banking/...fd-i-promo.html
HLBB eFD
15 May 2020 – 30 Jun 2020
3mths 2.6%
min: RM5k fresh fund (FPX)


https://www.maybank2u.com.my/maybank2u/mala...di-fpx0520.page?
MBB eFD
Maybank Islamic Fixed Deposit-i (eIFD-i) - FPX Campaign
18 May 2020 to 18 June 2020
2 mths 2.43%
6 mths 2.59%
min: RM5k fresh fund (FPX)


https://www.cimbclicks.com.my/efd-may20.htm...FD%20May%202020
CIMB eFD
18 May until 30 June 2020
3mths 2.45%
6mths 2.5%
12mths 2.55%
min: RM5k
use this to place: https://www.cimbclicks.com.my/fdrate


https://www.ocbc.com.my/personal-banking/ac...ed-deposit.html
OCBC eFD
13 May till 31 May 2020
10mths 2.7%
min: RM1k


https://www.pbebank.com/pdf/Promotions/tc_efdviafpx-en.aspx
PBB eFD
1 May 2020 to 31 May 2020
4mths 2.58%
min: RM10k fresh fund (FPX)

This post has been edited by yongs90: May 23 2020, 08:30 PM

- removed -

This post has been edited by ProxMatoR: May 24 2020, 01:29 AM

Havr anyone encounter problem placing new eFD for HLB?
When i select promo, the tenure doesnt show any option to me. I also not seeing the promo advertised on my main page

For alliance promo 3% FD, must walk in to branch to place FD?