not angry .... just can't understand why they launch silly rates with zero competitiveness,.... if u want more customers offer better rates n tenure lar...

lol maybe they dont need the fund badly or agree/approved to give certain capped % only

The banks have to maintain a healthy LDR ( loan to deposit ratio).

Pbb (and mbb) has no need to offer any record deals with FD as customers especially the older (read cina) folks line up to deposit with them in any case for the perception of being very "safe". Thus we see very competitive rates coming from the smaller players eg affin, bi, as many are skeptical and would not place deposits with them otherwise.

HLBB 12-month FD Campaign

Hong Leong Bank 2.80% p.a. 12-month Fixed Deposit. Just walk in and ask for their 12-months FD fresh fund offer. Campaign end 30 June 2022

There is such a big gap of the rate between 6 and 12 months. They are enticing ppl to lock up for 12 mths.
Hmm not gonna do that will after July.

It seems like whenever HLB offer rates that are close to its competitors this is spoilt by its short duration. Example this offer is near to 1 week only. Why so shy? Are you not ashamed of being labelled the most kedukut bank? IMHO might as well not offer in the first place.

If not mistaken this is only the new eFD customer @😑

new efd is 2.45% for 6 months

RM0 OCBC: Enjoy 2.65% p.a. on a 13-month FD/-i with minimum RM1,000 in fresh funds. Promo valid until 6 July 2022. Call your RM to find out more. T&Cs apply.

AM Bank 2.95% for 12 months, valid until 1st July 2022.

Usually need to bring cheque fresh fund, and deposit RM 10K in AM Bank saving account when place FD OTC.

This post has been edited by BoomChaCha: Jun 24 2022, 12:19 PM

Why you not post early 😥 , i just put my FD day before in affin bank 2.90% 12 month

I just received this SMS from RM not long ago this morning. Sorry

is it must go to bank to open the FD account?

Is it possible to do it online ?

this looks good. any tnc?

If TNC.. I think below:
(1) minimum RM 10K to place FD
(2) have extra minimum RM 10K in AM Bank saving account, but no locking by AM Bank
(3) submit cheque from another bank to prove fresh fund.

By the way, monthly interest is available upon request.

I cannot find this 2.95% from Am Bank eFD.

This post has been edited by BoomChaCha: Jun 24 2022, 07:21 PM

all right got the message. thanks, will check with the bank.

last time i got an offer from the ambank as well then they told me i have to subscribe the ASBN thing to deposit some money over there, like purchasing their fund.

Really? Will try efd tomorrow..

new user of efd https://www.hlb.com.my/en/personal-banking/...paign-2022.html

HLB promo 2.45 for 6 months? All i'm seeing is 2.25

https://pictr.com/images/2022/06/25/B9URqc.md.png