here's the BSA without FEE, came with debit mastercard

so far the best rate is 3.3% for 12 mths with mthly interest frm bank rakyat.... any other cons for placing our moolah in bank rakyat?
I know their system is abit backwards..... like once placed a FD need to wait 1 day for them to issue the slip....

Actually BR can offer such good rates because it's not PDRM protected.

You are actually paying extra for an insurance policy that you most likely do not need.

If BR closes down, then most probably your ringgit will be worth almost nothing anyway.

extended

Officer said rate likely will increase again in next few weeks…so keep figure crossed

by the way, to open FD need to open another SA/CA….debit card cost rm12 pa. interest only credited into SA/CA once it mature.

Maybe by doing the maths, you will find that if you put in your money at 3.2%, you will probably not lose that much even if it goes to 3.5 to 3.6%

And you are actually doing a bet that banks are going to increase their promo to 3.5 or 3.6% just because interest rates goes up.

The fact is, there is also the same probability that banks may not even increase their promo rates in line with the interest rates increase if they feel that their current promo rates are already attractive. Unless of course 1 bank start taking the initiative.

Hi bro,

Could you share which branch is your RM from?

The Affin bank near my place isn't efficient so looking for a better branch with more efficient staff.

Thanks.

MBSB BANK  PrimeWin promo .
The CaSa portion eligible for some lucky draw
70:30 Bundle..effective rate

6m 3.00 %
9m 3.15 %
12m 3.50 %
15m 3.60 %
18m 3.65%

65:35 Bundle..effective rate

6m 3.00 %
9m 3.15 %
12m 3.45 %

No requirement for new funds

4.28% by BR 

Not bad rate...

As for only applies to Invikta Customer.... That one can nego 😁 case on case basis...
As long full fill the 50k above $$$... Good to go 👍
Banks branch also want to hit target.... So as long got money 💰🤑 doors open up for u 😁

the AFFIN branch i am going to is quite prime, so I guess not possible. Can share what they were willing to offer (can PM me if do not want to share here ), if really worth it, will switch to smaller branch next round 

For Invikta FD, as u said, must be 1 cert 50k or more to enjoy the rate. I got the Invikta credit card and also the DUO Cashback card (not the DUO Plus). Paid RM50 SST. But did not get the debit card as not using it anyway.

For the service charge, below reply from Affin RM,

AUM more than RM200K, invikta account RM100, no charges

AUM less than RM200K, invikta account RM1000, no charges

AUM less than RM200K, invikta account less than RM1000, RM10 charges half yearly

That is for when you are already an Invikta member and your AUM goes below 200k

----------
Went to make another placement at Ambank. No promo for non-PB customer yet.

AFFIN already announced 3.5% pa for 12 months since last Friday la

Effective rate 4.1%?  That's so good!

already said casa bundle, surely putting high % is to attract gullible customers without calculating the actual effective rate

https://www.ambank.com.my/eng/promotions-pa...Bundle-Campaign

// Terms and conditions:
The effective rate will range between 2.77% p.a. - 3.19% p.a. and will vary according to the placement amount and type of CASA/CASA-i.
The funds in CASA/CASA-i will be earmarked concurrently with the FD/TD-i placement for a duration of 6 months.
Partial and/or full withdrawal of the FD/TD-i or CASA/CASA-i before the completion of tenure is not allowed and the Eligible Customer(s) shall not be allowed to enjoy any interest/profit whatsoever in such cases.
Upon FD/TD-i maturity, the FD/TD-i rate will be renewed at the prevailing board rate.
The offer is only applicable for placements made over the counter at AmBank/AmBank Islamic branch only. //

Tried to apply the code, then got error message saying I'm not eligible.
I realized, it starts on the 15th of September.

This morning just placed for AB eFD, 12 mth 3.5% with reward code MSIA12.

Placed 1 more eFD with AmBank for 12 mth 3.5%, auto changed maturity date to 18/9/2023 by AB system.