Thanks how about UOB ? Do you think they will follow the Feds, currently UOB promo 4.3%, i m waiting for it to reach 4.5 % , do you think next year can ?

I do park some in rhb cash management 2 but last I saw
for rhb cash management 2 highest is 3.4.. which fund offer >3.4?

Old timer din use fsm, more of old skool that prefer going OTC.. so din bother telling nor explaining to him.. I'm jz curious with his claim.. lol..

Wanted to ask in details why and how, especially in calculation but he's got customer waiting for him already.

Hong Leong Bank 3.95% p.a. for 6 months tenure

the link seems broken ..anyone can share?

Anyone know whether CIMB Damansara Uptown is offering 6 months 3.85%? Can’t seem to find their number online.

can I know how to qualify for CIMB 3month FD at 4.7 % ? and what is CASA requirement i.e. 1:3 ?

https://www.cimbbank.com.my/en/personal/pre...d4aAr0GEALw_wcB

Need some advice from some Sifu.

Between Money Market Fund vs FD, which is better?

Has anyone here received any invitation SMS to renew expiring FDs at special rate of 3.95% p.a.  for 6 months?  The instruction is to send SMS to 68899 to participate.  But I did not received any acknowledgement SMS to notify me of successful registration. 
I called the CSA and I was told to resend, to check with my telco etc, which I did.
Does anyone have the same problem?

Hi all sifus here , I'm in abit of dilemma , hope someone can give some helpful insight .

Let's say , I have normal saving of RM100k , what should I do with the money ?
Was thinking to just resort to FD , but then there's so many rate , so far found Bank rakyat rate to be the highest (4.1%) but no PIDM .

If anyone have any other suggestions what to do with the money please let me know . Don't mind considering fund/gold investment as well .

Chartered bank have an account that I reckon is pretty good.

Base interest 0.5%
Deposit RM 3000 monthly, not difficult, can transfer from other bank. Additional 2%. So becomes 2.5%
Deposit RM 3000 monthly into FD will get more than 2.5% pa right?

Spend RM 1000 on their credit card and that is easy, another additional 1.5%. So becomes 4%
So they will pay you 1.5% for the RM1000 spend on their credit card?

If you monthly buy RM 1000 of their unit trust, additional 2%. Total 6%. But this one is subjective.
If you monthly buy RM 1000 of their unit trust, you get 2%,....but you pay them 6% Sales charges?

allow me to explain further. Maximum amount is RM 100,000. Interest paid monthly. Example is yearly for easier explanation.

Base interest 0.5%.
You get RM 500

Deposit RM 3000 monthly, not difficult, can transfer from other bank. Additional 2%. 
You get another RM 2000

Spend RM 1000 on their credit card and that is easy, another additional 1.5%.
You get another RM 1500

If you monthly buy RM 1000 of their unit trust, additional 2%. But this one is subjective.
You get another RM 2000

Do all that and you get 6000 or 6% of the 100,000.

2.5%

But anything above the 100,000 threshold, you can always take out and put somewhere else. It's a saving account, not FD.

2.5%

You can check out on their Website

For those who wanna place for their FD has to be quick. Closing this Friday as quota almost full.

RM say new rate will be lower.

Hi. Need to ask about PIDM. Is this 250k threahold apply to each branch or per bank basis? How about joint name account? Eg. Personal already 250k with bank A. Can joint name also have another 250k with bank A that protected by PIDM? If not can joint name fd place with bank A other branch and entitle for protection? Thanks.

are there any FD that allows the flexibility to partial withdraw while still getting the interest?

nah, not for me, its for my retired parents, they prefer straightforward FD or saving account with high interest rate that allows flexibility to withdraw

the interest rate is getting ridiculous - it's hardly worth waking up if the deposited amount is not big....

and it only benefits the banks

Hi just heard that US has cut interest rate. True?
see just a few posts back?

What will happen to us?
for a start MYR will benefits....

Anyone know cimb fd promo 3.9% for 6 mths still valid?