I do hope the 2.75% with return also.
Ya, I did get the gold plated coin in a wooden box! In KL, the Xclusive lounge is still there but I did not go there for a long time so not sure what has changed.

And I thought only Affin SS2 was that bad.
Their system is equally bad too, last year the teller showed me nothing ever gets purged. Even the very first account number I had with them maybe 15 years ago is still there so recently 1 of my FDs that did not auto-uplift was due to the funds was set to go into an account that was already closed

I was told OTC today that not possible to place online but when I came back to check, it is possible indeed.



This post has been edited by gchowyh: Sep 29 2020, 02:40 PM

BR still gave
1. 2.75% pa for 11 months when OPR was 1.75% last year
2. 3% pa for 11 months when OPR was 2%

On 9 July 2020, I still managed to get 2.6% for 12 months at CIMB

I guess the safest bet might be to go for 9 months at Ambank then if there is an impending increase of OPR within the next few months.

I was about to put Ambank 9 months promo today but I suddenly got to find out about an Affin bond which is about to be launched on 13 April.

I know is kind of out of topic here but the details of the bond is almost like FD, ie.
1. Is only for 1 year
2. Payout is 5% a year, paid quarterly.
3. Minimum placement is only RM 10k

This post has been edited by gchowyh: Apr 8 2021, 10:42 PM

I am trying to get some info on it, probably on Monday.

Thanks for the warning, will thoroughly analyze before committing

Thanks, I'm totally lost but will try to get more info.
By the way, I noticed there are quite a number of Unit Trust threads but are there any bond specific ones?
The closest I can find is this:
https://forum.lowyat.net/index.php?showtopic=5020731&hl=

For Ambank's promo, all the accounts are under the same name but:
1. Successful with CIMB, Hong Leong Bank & UOB
2. Tried Affin & RHB many times but failed.
For RHB, I have a feeling it failed because maybe my name is not spelled out in full when it appears during the instant transfer.
For Affin, maybe the secure mobile apps is required

So it seems like we need to trial & error with FPX.

I was a bit blur too when it was explained. Anyhow, here are the full details of the UT bond fund, seems like 5% is not guaranteed too.

This post has been edited by gchowyh: Apr 13 2021, 05:24 PM


Attached File(s)
 BOSIF__as_at_March_21__2.pdf ( 1.9mb ) Number of downloads: 45

Thanks for the advice, will keep it in mind. I was a bit sceptical too when he did not answer me directly when I asked what sort of bond is it. Anyhow, I am testing market as I have been doing so the past year since FD rates are so low & not really certain yet when the OPR might increase due to the governor's uncertainty (she has pulled a few surprises so far)


Meanwhile, I almost spent a whole day yesterday doing try & error with FPX at Ambank web site but luckily none of my funds went missing in transition as some forumers reported earlier.

No earmark on my CASA, effective rate is still 2.5%.
Anyway, the funds for the FD was obtained directly from external bank accounts via FPX & no local bank account was specified.

Yes, can be done. On a few occasions I was given an A4 printout for the OTC FD so don't even need to bring that, just bring IC will do.

Anyone did AMBank FD placement via FPX on a Saturday before & it failed?
Usually how long will it take for the money to be returned then, on Monday or Tuesday?

Maybe indeed is a weekend issue with FPX, today seems like no issues but money still not yet returned.

So far for ambank, no issues related to if 'really fresh funds' or not.

But for CIMB, it was very difficult to manoeuvre the fresh funds condition with my RM. TIA promotion is 2.5% for 12 months while normal rate is 2.45%.

I did on Saturday via CIMB but only gotten it back on Tuesday.
However, I retried last Friday & it was successful.

This post has been edited by gchowyh: May 3 2021, 04:59 PM

I did pursue with Ambank by the morning of the 2nd business day (Tuesday) as others mentioned they got back the funds by the next day.
Initially they saw the wrong transaction but after that they never came back to me until today.

I hope Bank Rakyat will start their promo soon too. Based on last year, it was 15 June

The old timers in this forum most likely yes, maybe like 100 pages earlier...

Not possible & is a MUST to make an appointment with them.
Moreover, you need to bring a utility bill if your IC address is not nearby the branch you're going to & declare source of income if plan to open a savings account first.

As I had a previous account, now I'm having issues accessing my savings account via online & have to go back to the branch again.


With the pandemic, seems like is a pain to open a bank account at most places...
I already have an affin savings account but to qualify for Invikta promo rates, I need to open an Invikta account which is as slow as opening new to bank account.

Bank Muamalat is equally as slow.

When I joined, i was not told of any yearly charges incurred or minimum amount to maintain. As what I understand the amount to maintain Invikta status is RM 200k.
I was asked to apply the credit card but I declined & only opted for ATM card instead.



Bank Muamalat 18 months 2.8% pa. promo can opt online for monthly interest

It took me about 2 hours to re-open my savings account the other day with a total of about 7 customers in queue with 2 counters opened.
This was at the Jalan Ipoh branch, KL.
I would say Affin might be slower.


Same here, i'm not near 50 years old but been following this forum for years...

Earlier apparently there were quite a few BR branches that got covid cases. That included the branch that I went to & Xclusive told me it happened a few times.
Scary, so stay safe.
At that time I routed all my FD certs to KL HQ.