What is the name of MBSB savings account that you opened?

Suppose that we cancel the MBSB debit card, one year later, to avoid paying the debit card annual fee. After the debit card cancellation, can we still use MBSB internet banking website as usual, such as to perform IBFT to other banks?

It is ok. Just share the information that you know, to the best of your knowledge. No worries. 

Thank you very much for your answer, voonmingloo. 

That sounds like a very smooth sailing journey for you travelling between the two banks. Also because you are the early bird, based from your writings. You are lucky to have easily found parking at both bank branches. Not such an easy task looking for a parking spot right outside the bank branch for the majority of us in the klang valley, unless really really lucky.

HL newest eFD TIA-i promo is now the best offer at 4.25 % p0m6 from 8 January 2020 to 18 February 2020. Minimum placement only 2k. Maximum subscription per investor 5 million. No PIDM.
Once placed, I believe will still get the offered rate even if OPR goes down.

Anyway I do not think the Malaysian  OPR will go down despite all the rumours and experts as it hardly helps matters. Would an investor want to come to a country with lowering OPR. For me - definitely no way - it is just like betting on a decrease of profit due to lower exchange rate and lower rate of profits held in local banks for operations. But of course, some economists do not think like business people or investors as if other countries will go down too.

Just my thots on the HLIB TIA.

Assume you invest RM20K for 6 months @ 4.25% per annum.

Alternatively, you can choose to deposit RM20K via eFD for 6 months @3.98% per annum.

Difference between investments/deposits is 4.25-3.98=0.27% over same period of 6 months.

So, difference in potential returns via TIA-i ASSUMING 4.25% is achieved is RM20K X 0.27%/2 = RM27.

For a RM200K investment, the difference is RM270. For a RM2.0M investment, the difference is RM2700.

With that, I am putting my money in eFD since it is guaranteed at 3.98% and by PIDM.  For me, the RM27 is not that great a difference to take a risk.

And I am depositing a lesser amount too.

The difference may be greater or lesser depending on your capital outlay.

Just my 2 sen worth.

Lately a lot of discussion on the TIA. Let me chip in on my experience today.

Went HL Bank, asked them about the TIA promotion, seems like their front desk all do not know what it is. Even the tellers need to ask their operation behind to know what it is.

Seems like you need to first apply it online to get the 4.28% indicative rate, in the end I gave up because online just doesn't let me do it. Don't know why.

So I went for their OTC 3.9% for 6 months. Cannot get the 3.98% online too. That one apparently you need to click on the promotion, then it will direct you to your bank to do the transfer. Not sure if people can just online place the FD from their CASA in HL. I was told cannot.

AMBank is 3.7%, RHB 3.83%. Seems like for the bigger banks, HL now is better abeit at 3.9% only. CIMB Preferred also 3.9%. All needs fresh fund.

wow 5.5% when did u place?

6 months ago got so high?

You get only effective 4.25%

You'd better call MBSB before your FD mature..if your branch is closed,
then you need to go to another branch to withdraw, but you have to get
confirmation first before you go

I think they allow 1 month renewal at high end of 2% to ride over the MCO if don't want to go to branch.

Managed to get my maturing MBSB renewed at 3.5% 12 Months.

I was never assign a RM for mbsb I guess my saving with them very small and they don't give a f
You go bank nego or over phone?

So during MCO no need to go branch to do renewal?  just email and after MCO go to collect new cert?