In AMBANK. Offer today only. Unless next week they extend it.

Also 24 mth 4.34%, 5 yrs 4.46%. 

My Maybank FD is already matured and is now rolling on board rate.

Can I renew it to 3.88% 3 months or I will need to move out and in again to make it as a fresh fund?

If I need to move out and in, can i withdraw out all the fund and bring cash to nearest bank, let say Ambank to buy a banker cheque and bring in back to Maybank?

How much is a banker cheque usually cost?

thanks

I was in AmBank for other purpose today. The ABM told me offer only today. Said lady boss must be very happy, so offered it today only. 

Anyway will not be surprised that they extend it till Monday that the other forummer said. They have been extending promo recently.

They probably like MBB and maybe even UOB trying to outdo other banks, anticipating OPR going up in late Jan.

Ya, I won't go in for 24 mth at this moment. But for cash at hand, will just go in with the best available offer (12 or 15 mths). 

I believe part of the reasons for the few banks (AmBank, HL, MBB, UOB etc) offering good FD rate is due to anticipating that OPR is going up in Jan. Also heard that in 2018 banks requirement for cash is supposed to be higher ?? Can't recall the terms for that. 

RHB 3 months 3.88% seems to be over.. tried today no more option, only managed 2 placement before it expired... sad.

Since no more easy 3 months option.. will be rolling mine in MBB online for another month...

3 months is the flexibility  i am looking for.

Anways,  sorry Ambank is not a company i wish to give profits to.

OCBC 12 Months Mi FD 4.2% (Monthly Interest) extended till December 31st (or until RM600 Millions Cap Hit).

those who would like to place fd or want to renew fd, pls place for a 3 months period... bank negara most likely wil raise opr by next jan... dun b cheated by banks now if they ofer u 4.2% for one year... Once u placed for one year, you wil not enjoy any increase in interest rate next jan...

Hi guys,

How long does it take for the bank to pass on the FD capital or any interests left to beneficiaries ?

Got external will ( rockwill)

I sure will be VERY happy if the OPR goes up !  From what I heard/read, it seems likely that it will ! 

But I won't put into 3 mths FD for now. Only those funds which are close to the BNM announcement date that I may put into high yield SA for days. Anyway no right or wrong way of doing this. 

Hello, sorry preview post. Below is for unknown BSA ac with Uox. Conclusion is your interest matured, if Uox bank open, you step to Uox bank can cash out the interest, no delay, can same day.
The Uox staff told like that, if matured on Saturday(Uox Saturday outside and inside no working)no interest credited, but on Sunday can interest credited(Uox Sunday outside no working but inside working).

Than mean only matured on Saturday the interest credited on Sunday and then Monday(no public day with outside open) you can cash out.
If Monday - Friday(no public day with outside open) definitely can cash out when matured, no delay, same day.
For an example, you matured day on Monday, Monday interest credited and then sure can cash out, you matured day on Thursday, Thursday interest credited and then sure can cash out...

Outside / Outside open mean business hour of bank, also mean non public day.

My relative nego with MBSB last Friday 29/12/2017, only able to get 4.2% for 12 mth. For relatively large sum. Was told the 4.35% is for 5 yrs.

So the 15 mth 4.35% is for even MUCH larger amt like 1 mil ? 

they will hold your 50k for 6 months, meaning the 24k gold plated dog is your interest for 6 months!!!!!

My relative re-nego with MBSB. After saying going to withdraw the matured FD, was able to get 12 mth 4.35%. Interest on maturity only. 

So sometimes this withdrawal move can work.  I have done this last year in MBSB. 

Bro Affin's FD/CASA combo is a turn off. Effective rate low if CASA amt need to be kept for 15 mths.

I have effectively pulled out all FD from Affin. 

Hi all, if u check back what was mentioned earlier in my posts and maybe others, the HL monthly interest is only for those above 50 yrs old.

I was in HL this morning. Did RENTAS out the matured FD, then minutes later received the fund in CB (received SMS from CB that fund received xxx). Then used CB cheque to place new FD. 

Also received new info that BR has 4.3% FD, but need to double confirm that. It will be just nice as have maturing FD in BR soon. They have been quiet for quite a long time already. 

Further to the method which was mentioned using RENTAS, some members have PM'ed me.

If the amt is <50k (which is the max daily online limit), if the eFd matured and amt shown in your SA, then u can use IBFT to xfer out, cost is RM0.53 only. OTC RENTAS is RM5.30 but for >50k u would have to use RENTAS.

Then use another banks' cheque to place new FD. 

i plan to go after office hours to their Mach Branches which are open till 10pm.
Hopefully, they don't tell me fd can only be renewed during normal bank hrs lol

UOB RM told me we can set a temporary higher online transfer limit as I complained max limit is 50k (but more as IBFT and IBG limits are separate ?). Have not explored this yet.

I did one RENTAS and issued new cheque for FD placement AT THE SAME TIME few years back in UOB. But I just want to be sure  that the fund is there to avoid the penalty. Anyway most of the time it is another bank that I placed FD.

U are risk taker !