They also changed their policy on premature withdrawals. Not as friendly as before . In line with market practice now.

Haha just shows how long I never go BR. Actually hor, I remember if say you put 12mths but takeout after say 6mths 28 days, back then, they'd pay u 6mths interest at 6mghs rate!!! Was good back then

PBB limit to 30k per day ... got balance sitting in s/a, can fpx transfer to HLB tomorrow for 9m 4.05%,right? Any other better deal? Dun wanna wait 1week

BTW when it comes to maturity of this Tuesday special, what are HLB's max (1) daily limit and (2) transaction limit for online transfer eg fpx, ibg, ibft ?

Hi all, is the ambank 4.1% monthly interest?

hmmmm that PB eFD rate of 3.4% really unattractive. They had another 12 mth 'superfd' promo the other day with monthly interest starting from 3.08% to 6.88% - average 4.01%. Lower thanother banks but better than this eFD

Did anyone else go for the Ambank 4.1% 12 mth offer recently? I just got an SMS to register for their Transformer Spend or Deposit campaign ... just some gimmick I guess but who knows lucky or not? Or perhaps a scam? Anyway after registering , what else we need to do? The T&C kinda hard to read

TQ

This post has been edited by okuribito: Jul 18 2017, 01:51 PM

bbgoat so did you receive any sms giving you "bonus' entries? normally i dun get any sms from them but I just place an fd (4.1% 12m) yesterday & today i receive the sms

btw they told me now no more cert (to lose LOL) and can go any branch to uplift on maturity. moving in right direction imho

This post has been edited by okuribito: Jul 18 2017, 07:43 PM

i only have savings and fd acct with them. no credit card at all. i think they just trying to reel me in to their universe hahaha

that means every RM10K, get 250 entries, right?

bugger ... i place RMxx,000 for the 4.1% they only gave 5 "BONUS" entries - damn generous lah

And I think you become a participant to the lottery if you place money in that crappy 5mth 3.3% FD AFTER registering your NRIC.

So i think my 5 bonus entries also no value lah

psychology (for marketing) at work

http://www.thestar.com.my/business/busines...worrying-banks/

Did anyone notice this article? "Lack of deposits worrying banks" Really?

Since when they "keep paying more for deposits" recently? I feel rates have fallen from 12-18mths ago & stagnating. What do you all think?

This post has been edited by okuribito: Aug 11 2017, 07:48 PM

importance of deposits as a source of funds is dropping compared to money market. sign of a new trend. search star biz article

gsc

But also see this article
Banks no longer rely on customer deposits for lending activities
Read more at http://www.thestar.com.my/business/busines...AAKc6JRB2Kgx.99

This one any minimum placement?

ambank bangsar says 4.2% min 50k last day today. just called. any branch that is <50k?

Lucky didn't waste time & petrol go bangsar branch. Called another branch & they say min 10k, but last day 16/10 nxt Mon. Went to other branch with my bangsar cert, top up & done. No need transfer here & there. Look like some branches got autonomy to set higher requirement

Actually if read carefully, this is "Super2FD" - read carefully the flyer & T&C also cannot find the word step-up.

It is NOT Step-up as in the more recent 3+3+3 or 6+6

The old Step-Up style FD is special because you can take out money at every "step" without losing accumulated interest eg in the 3+3+3, end of 3rd & 6th months OR in the 6+6 at end of 6th month. This product good if you want to "insure" against an unexpected cash requirement

I'm not aware of any other bank FD that has this feature.

In the prev versions of this thread, maybe 3 or 4 versions ago, we discussed this feature. Some old timers might remember. Maybe some forget, some dunno at all.

But like all messages that are passed from generation to generation, the message is often corrupted if not forgotten. Ppl mudah lupa. It's ok.

Bottom line - current Super2FD is NOT a traditional step-up. Yes, the marketing is rather deceptive but we all adults leh ... if lazy to read and think & a bit greedy, who to blame?

Why x1.8 factor? based on 90% loan & max tenure?

Also why 60:40? why not 40:60? or some other ratio?

need to be HSBC Premier customer first ie must meet that criteria first IMHO. 300K?

Unker CKLimm, apa itu DC 4.88% promo? Sound like it only start on Friday 3/11, ka? I search oredi this thread but can't find DC promo details. Can share please?

any strings attached? 12 mths boleh tak? hahaha