uob 3.3% 12m, 10% CASA earmark 3m, only new customer.

I placed one early this month.

It's some kind of monthly promotion. It's in their "marketing book" (dunno term). Every month has different rate. Obviously last month's rate is higher. Dunno about next month.

This post has been edited by Vickyle: Jun 27 2020, 09:21 PM

Yeah, I asked the finance manager. It will change next month.
New customer = no account in UOB

I guess so. I clearly asked her if I close my account, the next time i open again, will it be new customer. She said yes. But I dunno if there is any "cooldown" (dunno term) between close old account and open new account.

uob 3.3% 12m, 10% CASA earmark 3m, only new customer.

I forgot to mention. The interest is paid every months to account. Not lump sum matured.

So hard to convey message without proper banking terms, lol

This post has been edited by Vickyle: Jun 27 2020, 09:36 PM

Now that i re-read again. What is "next month,...get special rate"? As long as the placement date falls within this month, it's all 3.3%. Next month placement probably lower than 3.3%? Something like that?

This post has been edited by Vickyle: Jun 27 2020, 09:42 PM

Question:

Under RHB, promo rate is 2.45%. It also mentions the annual effective rate is 2.13%.



Do we need to concern with this annual effective rate? Or just focus on the promo rate?

How is it solved?

Mine at RHB (OTC) matured the day before. Got the interest in saving account but the FD placement money is still stuck in FD account. I thought it was some kind of auto-renew. I told counter that I don't want auto-renew. The counter said the system is like that. I remembered HLB eFD has everything transferred to saving account, leaving FD account nothing inside. OTC and eFD different? Or is it the bank?

This post has been edited by Vickyle: Sep 4 2020, 04:53 PM

Is it normal for the earmark placed with FD to be released late? I placed a earmark at UOB for 3 months starting from 5 June, I thought it releases on 5 Sept. Yet today 6 Sept, the earmark is still yet too be released. Is it UOB issue?

You forgot RHB 2.45@6m

Placed mine for both OTC and eFD. Same rate for both methods. Only 6m.

HLB FD+CASA 3/6m

The promo rate says 2.5%, but effective rate is 2.27-2.39%.

Editted: Question deleted. CASA no rate. I understood.

This post has been edited by Vickyle: Mar 1 2021, 03:31 PM

2.35% 6/12m

Don't understand. How is it supportive if I withdraw immediately after placement?

Just check online AmBank. eFD is available. Rate same as OTC.
9m 2.5% (code: BEST9)
18m 2.65% (code: BEST18)

This post has been edited by Vickyle: Jun 4 2021, 08:30 AM

Although I haven't try it before, I notice there is a list of tabs at the lower section of your screen/page. Should be "Redeem FD/TD-i".

3 years could have significant changes. If the bank dares to place such "high" percentage, it could indicate the number would be better than that within 3 years?

Mostly need minimum 10k. What I found that doesn't need min 10k

Public bank

Affin Bank?

Under eFD, why does RHB has "Accrued Profit" and "Profit Amount"? When comparing between "Accrued Profit" and "Profit Amount", the "accrued Profit" is the amount received is 1 day difference. Which one should I be getting when term matures?

Source please. eFD? OTC? About to go bank islam to open new account, then see 4.05%

bank rakyat 4.05 (6m)
bank islam 4.00 (6m)
cimb 3.70 (6m)

Based the above selections, only cimb can place FD online? I dont have any of these accounts. Sad.

This post has been edited by Vickyle: Nov 10 2022, 12:46 PM