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

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mrhseinpingq
post May 13 2019, 12:46 AM

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QUOTE(Wong Kit yew @ May 12 2019, 07:41 AM)
user posted image
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Cannot find the link.
Could you provide the link please?

mrhseinpingq
post Jun 28 2019, 08:17 PM

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Maybank really useless, offer such a low rate,

mrhseinpingq
post Jul 14 2019, 06:45 PM

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QUOTE(879098 @ Jul 11 2019, 02:54 PM)
Any more information about this?
Cannot find in their website...
Can share?

To open FD, do they need CASA too?
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Anyone have information about this?
mrhseinpingq
post Aug 29 2019, 05:58 AM

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Bank Rakyat not protection of RM 250,000?
mrhseinpingq
post Aug 29 2019, 06:11 AM

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QUOTE(CardNoob @ Aug 29 2019, 06:01 AM)
Do you able to find Bank Rakyat from the list?

https://www.pidm.gov.my/en/for-public/depos...s/member-banks/
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so strange, bank raykat not in the list.
Bye bye Bank rakyat
mrhseinpingq
post Sep 8 2019, 06:35 PM

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QUOTE(bryon @ Aug 30 2019, 08:29 AM)
All bank joined pidm have to pay fee to PIDM every year
Bank Rakyat and few other bank who are not under PIDM don't have to pay to PIDM every year because they are not under pidm scheme
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I will not put money there
mrhseinpingq
post Oct 5 2019, 02:02 AM

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RHB Bank promotion FD,
6 months, 3.85
mrhseinpingq
post Oct 5 2019, 03:09 PM

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QUOTE(LKokWei @ Oct 5 2019, 01:46 PM)
Hi, it’s OTC rate but was quoted 3.8% for 6 months. Mine is renewal. I placed on Friday with RHB Taman Megah, PJ. But have to come back collect FD receipt after 7 days. FD start on the date you place OTC not 7 days later.
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Why you have to come back to collect the FD?


mrhseinpingq
post Oct 6 2019, 07:13 PM

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QUOTE(LKokWei @ Oct 5 2019, 03:24 PM)
Mine is renewal. So after 7 days hold by RHB bank only treat as new fund so no need transfer in and out your money. If fresh fund I think no need come back again. Also FD start on the date you place OTC.

I was told that FD will create first and follow the date you place OTC. 7 days later come back collect FD receipt and the final figure will appear under your online banking account too. Something like this.

[attachmentid=10327144]
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How you get the picture from? RHB internet banking?

mrhseinpingq
post Oct 15 2019, 08:26 PM

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QUOTE(Wong Kit yew @ Oct 12 2019, 08:56 PM)
RHB FD Promotion

6 months  3.8%
Minimum  10k
Until 30 November 2019

https://www.rhbgroup.com/380/files/6_mths_CMDi_TnC.pdf
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How do you find this link?
So difficult to find it.
mrhseinpingq
post Dec 2 2019, 07:07 PM

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Anyone know the website link for AM bank promotion FD?
I had search around, but could not find it.
mrhseinpingq
post Dec 2 2019, 08:07 PM

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QUOTE(Human Nature @ Dec 2 2019, 08:05 PM)
Wow, OCBC begin to show some life
Usually have to go to the bank and ask. Wont be shown in website
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Is it OTC or e-FD for AM Bank 3.95%, 6 months?
mrhseinpingq
post Jan 1 2020, 07:16 PM

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RHB promotion
https://www.rhbgroup.com/380/index.html

https://www.rhbgroup.com/380/files/TnC_5_month_cmd-i.pdf

5 months 4.10%, need 20% in CASA.

This post has been edited by mrhseinpingq: Jan 1 2020, 07:16 PM
mrhseinpingq
post Jan 2 2020, 05:07 PM

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RHB any promotion FD?
mrhseinpingq
post Jan 21 2020, 01:54 PM

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Regarding RHB,

https://www.rhbgroup.com/380/index.html

1. RHB,8 months, 3.83%
2. RHB, 5 months, 4.00%, but need CASA 20%.

Which one earn more?
not sure how to calculate
mrhseinpingq
post Feb 10 2020, 01:25 AM

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is RHB bank no more promotion FD?

Cannot find in website
https://www.rhbgroup.com/400/index.html
mrhseinpingq
post Feb 10 2020, 08:32 PM

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QUOTE(Deal Hunter @ Feb 10 2020, 05:50 PM)
Preliminary Results of Telephone surveys to call centres and some branches on FD promos on Monday 10 February 2020.

NO PROMOS NOW AT 5 BANKS

BSN, Bank Islam, MBSB, Bank Muamalat, Bank Rakyat.

PROMOS - SPECIAL, CASA and PURE types at 6 banks.

1) AFFIN from 3 Feb ufn or when target reached for these special rates.
3.65 % p6m12 and 3.70 % p661m13
mnimum 10k FF per deposit, maximum 100k FF per depositor.

2) ALLIANCE from 23 Jan to 31 Mar 2020 Exclusive 100 FD : 10 CASA Campaign for Astro Monthly subscriber.
Astro subscriber can only chosse to make only 1 deposit.
From minimun 10k FD earmark 1k CASA for 3.95 % (min 11k FF) to maximum 50k FD earmark 5 k CASA for  3.90 % p0m6 (max 55k FF).
Calculate the actual collection relevant to your deposit and CASA. Nominal EIR are 3.95 x 100 /110 = 3.59 % and
3.90 x 100 / 110 = 3.54..%

3) AMBANK ufn please check with your branch
3.98 % p0m3 70 FD : 30 CASA earmark.
From minimum 14k FD : 6k CASA earmark per placement to maximum 210 k FD : 90 k CASA earmark per depositor..

4) BANGKOK from 31 Jan to 31 Mar 2020 pure FD.
3.70 % p0m3
3.75 % p0m6 and p0m9.
3.85 % p0m12.

5) HONGLEONG till 29 Feb 2020, 3 pure FD.

3.60 % p0m6 eFD FPX minimum 10k.
3.45 % p03m OTC FD minimum 10k.
3.50 % p06m OTC FD minimum 10k.

TIA (Islamic investment, no PIDM) 3.88 % p06m placed thru internet.

6) RHB from 6 Feb to 31 Mar 2020.Pure FD.
3.55 % p0m6 min 10k FF.

IS THE FD RATE OFFERED COMPETTIVE AGAINST THE USUAL BOTTOM REFERENCE?

BSN board rate wef 31  January 2020.
3.20 % p0m12.
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Thanks.
Very hard to find the RHB online promotion FD link for 3.55%
Anyone have the link?

https://www.rhbgroup.com/380/index.htm


mrhseinpingq
post Feb 11 2020, 06:46 PM

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QUOTE(Deal Hunter @ Feb 10 2020, 09:35 PM)
Even if got a link, I will not bother as it may already be obsolete as banks usually don't advertise the end or change of any promo.  There is no way to know that the webpage is obsolete unless ask as it takes time to make new webpage.
Can call their call centre at 03 9206 8118 or look for the branch nearest to you. Anyway, why are you interested in such a low rate compared to other banks?
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Thanks for your reply.

Because I only have RHB saving account and is more convenient. RHB used ot have high interest.
3.55% not that bad,

not the highest, but above.

What is "Pure FD." mean?


mrhseinpingq
post Feb 12 2020, 07:50 AM

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QUOTE(Deal Hunter @ Feb 12 2020, 01:30 AM)
Pure promo FD is the closest kind of promo FD to normal board rate FD. The promo FD usually have a higher minimum principal  than the minimum for board rate FD. For pure promo FD, there are no special or extra conditions like FD:CASA ratio, minimum CASA amount, priority customer, Astro subscriber, introductory one time offer or choice, must purchase insurance, credit card, fund, purchase fees,  etc. Anybody can put in as often as he likes although some may set a maximum limit per depositor. Step type FD may not be considered as pure FD as subject to steps and the EIR is an indicator and the final collection is variable and not as fixed in a normal pure FD interest/profit rate. eFD can also be pure like OTC FD.
Whereas HL TIA can be classified as pure promo Islamic investment.
Due to the conditions for non-pure FD or investment, the actual return/benefit  simply calculated using Simple Interest on a daily basis does not give a total value of the true expected future benefit or loss due to the complications from the conditions  which may be definite or variable or non-quantifiable in nature.
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Thanks for your explanation.
But

6) RHB from 6 Feb to 31 Mar 2020.Pure FD.
3.55 % p0m6 min 10k FF.

Is said pure FD, but need FF (fresh fund)
mrhseinpingq
post Feb 12 2020, 06:39 PM

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QUOTE(Deal Hunter @ Feb 12 2020, 10:41 AM)
Correct that it needs fresh fund for the principal deposit but still can be considered pure as the real return on your placement is not complicated by other conditions/factors on placement or subsequently (like putting in a fixed minimum each month, monthly payments for loans or insurance premiums etc).

Pure promo FD also usually needs FF as different from pure board FD. For that matter although pure promo FD is the closest to pure board FD, there is also the feature of fund size and sometimes maximum limit per depositor beside minimum requirement per placement. These features of promo FD are considered normal and not features that will disqualify some customers or cause uncertainty in getting a definite calculable return on any particular placement. You are also sure of getting a certain return on your FD and there is no question on the true cost involved. Inflation and Exchange Rate are not taken into consideration for this classification of the type of FD.
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Thanks. Between, how you get all those FD information from?
Did you call the bank one by one? Or you go visit the branch?



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