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

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Kyan0411
post May 23 2020, 10:18 PM

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Nevermind found.
1282009
post May 23 2020, 10:41 PM

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QUOTE(yongs90 @ May 23 2020, 04:41 PM)
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)
*
Thank you for the latest summary.


LostAndFound
post May 24 2020, 09:38 AM

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Is Maybank PNA-i still 3.35% for 12 months as shown here - https://www.maybank2u.com.my/mbb_info/m2u/p...-IslamicBanking


GrumpyNooby
post May 24 2020, 10:20 AM

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QUOTE(LostAndFound @ May 24 2020, 09:38 AM)
Is Maybank PNA-i still 3.35% for 12 months as shown here - https://www.maybank2u.com.my/mbb_info/m2u/p...-IslamicBanking
*
2.1% pa for 12m
*Effective from 8 May 2020

https://www.maybank2u.com.my/maybank2u/mala...ount_rates.page?

This post has been edited by GrumpyNooby: May 24 2020, 10:20 AM
paramdav
post May 24 2020, 10:57 AM

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QUOTE(Kyan0411 @ May 23 2020, 09:41 PM)
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
*
Yes I face the the same prob, looks like HLB is not allowing the online FD option bangwall.gif

Kyan0411
post May 24 2020, 01:08 PM

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QUOTE(paramdav @ May 24 2020, 10:57 AM)
Yes I face the the same prob, looks like HLB is not allowing the online FD option  bangwall.gif
*
I tried again yesterday and managed to go to the placement page whereby there is option for conventional or islamic fd.

I think have to click from apply > placement
Hermainie
post May 24 2020, 04:39 PM

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Hi all , would like to ask is it a wiser choice to invest in sspn? since fd rate in Malaysia is so low now...
cybpsych
post May 24 2020, 04:48 PM

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QUOTE(Hermainie @ May 24 2020, 04:39 PM)
Hi all , would like to ask is it a wiser choice to invest in sspn?  since fd rate in Malaysia is so low now...
*
as usual, subjective matter.

for current FD rate (promo rate), you get to know upfront the rate you're getting, now.

for sspn, you deposit now, but pray the Y2020 dividend (to be announce in Feb 2021) is higher than the current fd rate (that is known to you now).

on the bright side for SSPN, at least you "earn" something in terms of tax relief, but for dividend, that's ~9 months away to know the results.


dont forget covid-19 impact to the economy and industries throughout year 2020, and possibly beyond.


QUOTE(paramdav @ May 24 2020, 10:57 AM)
Yes I face the the same prob, looks like HLB is not allowing the online FD option  bangwall.gif
*
if not mistaken, hlb efd-i is for islamic only.

if you try to make placement from your existing conventional efd, the tenure wont show.

user posted image



however, as Kyan0411 mentioned above, if from Apply > Fixed Deposit > New Placement, then you get to choose to "open" new Islamic Fixed Deposit, then the 3 months tenure @ 2.60% p.a. would appear for selection.

user posted image

This post has been edited by cybpsych: May 24 2020, 05:02 PM
GrumpyNooby
post May 24 2020, 05:07 PM

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Revision of BR, BLR/ BFR, and Time Deposit Interest Rates [For Citibank]

Effective 13 May 2020, our Base Rate (BR) is 2.65% p.a. and our Base Lending Rate (BLR) / Base Financing Rate (BFR) is 5.80% p.a

Effective 13 May 2020, Time Deposit interest rates will be revised as per table below.

user posted image

https://www.citibank.com.my/global_docs/pdf...ime-Deposit.pdf
zenquix
post May 24 2020, 05:08 PM

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QUOTE(GrumpyNooby @ May 24 2020, 05:07 PM)
Revision of BR, BLR/ BFR, and Time Deposit Interest Rates [For Citibank]

Effective 13 May 2020, our Base Rate (BR) is 2.65% p.a. and our Base Lending Rate (BLR) / Base Financing Rate (BFR) is 5.80% p.a

Effective 13 May 2020, Time Deposit interest rates will be revised as per table below.

user posted image

https://www.citibank.com.my/global_docs/pdf...ime-Deposit.pdf
*
This is SG level of FD rates at 1/3 SG level buying power.. how to attract foreign investment????
rocketm
post May 24 2020, 07:39 PM

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QUOTE(GrumpyNooby @ May 24 2020, 11:20 AM)
2.1% pa for 12m
*Effective from 8 May 2020

https://www.maybank2u.com.my/maybank2u/mala...ount_rates.page?
*
What is the different betwwen PNA-i and the Islamic term deposit of Maybank?

Based on the link, it is Islamic term deposit also but provide cash upfront. Meaning the bank will credit the principal and interest to your account upon placement?

I believe this need to make placement over the counter.

Any hidden charges or rules on this account?
batsashimi P
post May 24 2020, 07:46 PM

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wait, affin 2.88 6/mth max is 10k only?
GrumpyNooby
post May 24 2020, 07:52 PM

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QUOTE(batsashimi @ May 24 2020, 07:46 PM)
wait, affin 2.88 6/mth max is 10k only?
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You have to place multiple of RM 10k if you want to place amount more than that.
batsashimi P
post May 24 2020, 07:55 PM

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QUOTE(GrumpyNooby @ May 24 2020, 07:52 PM)
You have to place multiple of RM 10k if you want to place amount more than that.
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AWWW thx

Any non islamic fd promo? Im not eligible for islamic fd sad.gif
GrumpyNooby
post May 24 2020, 07:59 PM

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QUOTE(batsashimi @ May 24 2020, 07:55 PM)
AWWW thx

Any non islamic fd promo? Im not eligible for islamic fd  sad.gif
*
That is eFD/eFD-i campaign for both conventional and Islamic banking.
It's tied to your saving account you have in Affin Online.
Mine is a Islamic BSA, so it'll be eFD-i.
Somebody was able to place using conventional saving account.

This post has been edited by GrumpyNooby: May 24 2020, 08:00 PM
batsashimi P
post May 24 2020, 09:03 PM

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QUOTE(GrumpyNooby @ May 24 2020, 07:59 PM)
That is eFD/eFD-i campaign for both conventional and Islamic banking.
It's tied to your saving account you have in Affin Online.
Mine is a Islamic BSA, so it'll be eFD-i.
Somebody was able to place using conventional saving account.
*
I mean any other banks accept more than 10k with fd promo?
Yeah looking for eFD as well, it seems recent promos are eFD-i only.. regretted taking out my fd from cimb, should have just gone for their 2.55 rate for 6mth sleep.gif
kenny79
post May 25 2020, 08:51 AM

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Anyone can find a 3% per annual now ...?
Anangie
post May 25 2020, 11:42 AM

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For Affin E-FD, is there any FD Cert/advice will be sent to us as mentioned? Last time i place the E-FD, there is no document to be sent to me.
GrumpyNooby
post May 25 2020, 11:43 AM

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QUOTE(Anangie @ May 25 2020, 11:42 AM)
For Affin E-FD, is there any FD Cert/advice will be sent to us as mentioned? Last time i place the E-FD, there is no document to be sent to me.
*
An acknowledgement slip will be sent to your registered email in Affin Online.


Wong Kit yew
post May 25 2020, 11:45 AM

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QUOTE(kenny79 @ May 25 2020, 08:51 AM)
Anyone can find a 3% per annual now ...?
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Maybe you can try Bank Rakyat for longer periods.

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