kindly read the first page of this thread, someone has done a good job for you there.

okeh

This post has been edited by Arvinaaaaa: Jan 3 2017, 02:10 PM

Just done at UOB. It is remain 3.95% per annum.

Maybank's General Investment Account-i (GIA-i) now is only 3.55%/pa.

Last year its much higher.

Gia is not protected by PIDM

That mean our deposit will be burn if the investment gone bad?
It stated the capital is not protected.
If only interest not protected then still ok. But how come capital not protected?
Hmmm

ya our capital is not protected by PIDM, so logically if anything happens to the funds used to invest by the bank, then it's burnt...

HOWEVER, having said that, just imagine is mbb is facing financial crisis, being the top local bank in the country, what will happen to other banks, and also other big shots who have millions in mbb? just saying... some "trust" PIDM so much, and one day if really mbb "collapse", do you think PIDM has sufficient funds to cover every single person... don't think so... just like our KWSP, on paper it's all figure only... physically everything is rolling cash...

Managed to place HLBB @ 3.8% on 30-Dec-2016 for 12-months. Last day of promo.

Well. I know what u mean.
But mbb can declare the fund not performing oso right?
Not necessary that mbb having financial problem.
Jz mbb use the fund money to invest on high risk investment.
Mean if the investment gone bad doesn't mean mbb having financial problem right?
Did mbb need to bear the responsible if the fund not performing/burn?

Why u no move to RHB with 4.0% for 9 month ..

Don't know the promo end d or not because I placed in 30th Dec

if really unconfortable, just ignore GIA. go for any investment vehicle that you feel comfortable with. it's your hard-earned money anyway


FYI, GIA performance reports from Maybank.....

Click here to view Investment Account Fund Performance Report (Q3 2015)
Click here to view Investment Account Fund Performance Report (Q4 2015)

Click here to view Investment Account Fund Performance Report (Q1 2016)
Click here to view Investment Account Fund Performance Report (Q2 2016)
Click here to view Investment Account Fund Performance Report (Q3 2016)

May be you should spend some time to read the PHS about what they invest in

2017 FD updates, call to bank and calls FROM bank also :

OCBC:
13 mth 3.85%
12 mth MiFD 4% with monthly interest (this one sounds interesting, was told different FD type, have to apply diff FD account, if interested please check with OCBC branch)

UOB same as last Dec, until further notice:
4 mth 3.8%
6 mth 3.85%
9 mth 3.9%
12 mth 3.95%

Affin: (Next week their offer may change, they are checking other banks promo and see)
12 mth 3.7%
15 mth 3.8%

HL:
12 mth 3.8%

Alliance:
12 mth 4.05%

RHB:
9 mth 4%

BR:
12 mth 3.7% board rate, nego with them with >50k amount (good luck !)

This post has been edited by bbgoat: Jan 3 2017, 05:28 PM

how do you get these promo rates? I don't see them listed on their website.

Not all banks update FD promo on their website. In fact few do !

Just call up the banks, this is what I found out.

Alliance no longer has the 12 months promo. Only have
1 month - 3.5%
2 months - 3.6%
3 months - 3.5%

Alliance gold promo is still on going.

HLB latest promo
6 months - 3.75%

OCBC till 31 Jan 2017
12 months - 4%

RHB - currently no FD promo.

This post has been edited by chely: Jan 3 2017, 05:57 PM

Went to HL to terminate FD, claiming the 2 days interest. But still need to confirm with HQ !

Moved to MBSB for 9 mth 4.2%. Received gifts as below:

I think you are right.
To regard investment risk in GIA is as sound as the entire Maybank group is technically incorrect.
One out of many financial products turn bad doesn't mean the whole Maybank will go down together, Maybank can still remain sound and strong financially.
Unless GIA is capital guaranteed by Maybank, only then we can say "GIA wouldn't fail unless Maybank go under"
I personally categorize GIA higher risk than FD, but I would still put some short term money in GIA because it offers competitive rates with high liquidity and no premature withdrawal penalty.

Dont we have enough notebooks and umbrellas already?

Min amount 10k?
Which branch?

U are complaining having too much of them ? Donate them !