RHB 6 month 4.1% minimum 50k still available

If you choose to have monthly interest credited, will you still get 4.2%? I see it is usually 10 basis points lower if you choose monthly.

Do you think if you have RM1mil for 9 months will get better than 4.2%?

I don't know of any FD that will get less interest if you chose to have the interest credited to saving account monthly.

And if you have 1 million, best to walk into branch and negotiate for a better rate than 4.2%

MBSB has that "feature", check the below table:

http://www.mbsb.com.my/deposit_fixed_islamic.html

Thanks for the update
Just placed this afternoon

Any idea till when?

Need to have CASA?

regret didn't place more FD in Maybank eFD flexi campaign in may for 4.31% ...

now cannot find any better deals...

This post has been edited by TSOM: Dec 23 2016, 09:10 AM

RHB promo till 31 Jan 2017 unless target quota met earlier

This post has been edited by Deal Hunter: Dec 22 2016, 10:15 PM

4.7% effective rate?

sorry, I read wrongly, it's 4.31% effective rate.

This post has been edited by TSOM: Dec 23 2016, 09:11 AM

Lots of depositors still willing to place money at lower FD interest rates instead of highest rate. No pressure on banks to increase rates after last year's big collection to get more deposits especially with not strong demand/approval for loans. Banks happy to collect deposits at lower interest rates to lower overall cost of deposits.

Anyone know if rhb fd promo requires casa?

Till 31 Jan 2017 unless quota met earlier.
Yes, need CASA.

This post has been edited by starry: Dec 22 2016, 11:21 PM

got meh?

pure fd? tis was not discussed in tis thread before. last 3 years no 12 months 4.7% fd lo.

sorry sorry .... I read wrongly... the current rate I'm receiving now is 4.7% but effective rate is 4.31% only.

1-6th month = 3.4%
7-9th month = 4.7%
10-12th month = 5.75%

This post has been edited by TSOM: Dec 23 2016, 09:09 AM

https://www.imoney.my/articles/opr-expected...-be-cut-in-2017

That is more like it. Before OPR cut in last July, MBB has not been offering FD as high as even 4.5% offered by other banks. Affin has 4.5% FD promo in July before OPR cut.

That is kind of "old" news now (Nov 18th). With the USD rate going UP, what action BNM will take still need to be seen.

This post has been edited by bbgoat: Dec 23 2016, 10:39 AM

Hold it hold it haha