MBSB 5 years 4.7 pre MCO looks like a joke now

I will go apply basic savings account and ask the branch manager come Monday.
Yes of course you can.

Hi sifus,

For big amount FD placement such as few hundred thousand. Usually how to transfer from one bank to another bank? I saw there is few options upon searching in this thread like Bank Cheque, RENTAS, IBG etc.

What is the best of best methods on the above situation?

This is the interest rate for the earmarked amount in CASA
and the first tier minimum amount has changed to 50k

Actually this thing is quite complicated, you need to look at the total amount in your CASA on 31 January 2023, and on 31 March 2023, the amount (not including the earmarked) cannot be lower than that to be eligible for the FD

Thank you very much for such a clear summary. To be frank, even bank staff can’t give such an easy to read presentation.
It was not shown online. Asked counter staff and they referred me to the branch manager. He explained to me this is for selected clients but my RM is no longer working there, that’s why nobody inform me. So he served me there for this. Overall same like what’s briefed here by bro Joeblow. 🙏🏻

But my Am Bank branch already wrote down and stated clearly on the paper (and I needed to sign, I was not allowed to take a picture)
how much money will switch from saving to 4.5% FD from 3 April to 7 April. 
I just noticed from online banking that AM Bank has locked the main fund that I signed and agreed to switch to 4.5% FD on 3 April.
I tried to Duit Now the earmark (parking fund) RM 10K, it looked like RM 10K was okay to ready to transfer out from my true saver.

My earmark parking RM 10K is under available balance in online banking, I think can transfer out.

My friends and I are so old that we can simply withdraw any amount anytime online but xander has his point that it is not instant like ATM from CASA. Of course, must have open online with EPF beforehand.

If uplift FD early, of course lose all the interest at once on early withdrawal, but interest is still paid at EPF according to EPF method of calculating interest.

Usually put in money each year, and then get EPF to credit a set amount of money regularly monthly to buy medicine for 12 months at a time. Not so convenient to go to bank to withdraw FD, or place FD where the monthly interest paid is not stable. Too bad the eFD promo rate is not so high.

According to the branch manager, if the FD put in this TD-i Advance Profit, then can get profit paid upfront

I got a shock.   I quick quick called to AM bank.

You are right.
AM Bank staff said, 4.5% 11 months is advance profit.
Whoever has signed-up for this 4.5% 11 months will get advance profit. Very good deal 
Thank you for reminding us.   
Bro Magic,

Fund has to deposit into AM Bank account before 31 March 2023.
Everything is final after 31 March 2023.
3rd April cannot adjust anything already.

Do check the website. If it is there, means got. If not, don't have

hi, just went to ambank for the 4.5% promo
placed/locked in some money into the casa

and now log in my ambank account, the locked in amount is gone
is this normal?

yup looked into the account transaction detail, no record of it being transfer
getting worry and just called the CS
apparently the money is in process, will need approximately 14 days to reflect according to CS

but 3rd of april will need to sign fd form for the 4.5%.. oh well, nothing can do now. only can wait
thank you for your reply

cant find the promo page anymore, this will require some promo code right?

just check with Ambank is 4.3% 12m for privilege customer only, no more 4.5

thanks, the staff there just lazy to inform thats actually another rate for 11m just now...

Just did a eFd/TD-i using Affin Always yesterday. 12 months @ 4.25%

Ambank needs to be priority account?

Hi, have u checked the interest paid on 31 March? I checked mine but doesnt seem to tally with the earmarked. And if it supposed to be paid end of April 2023, where is this interest from?

I placed 638k on 17th march. Get interest rm200++ on 31 march. Balance in CASA was only rm12 before placing 638k.