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

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

You can check one page before. Someone posted a link. For new eFd customer only

yeah im going for ambank otc promo. any idea what should i do to avoid going there two times? I'm thinking to open saving account tomorrow. What's the fastest way to deposit fd there if my fresh fund is in maybank?

The best is, you call AM Bank branch first before you go.

Prepare these 2 things for AM Bank FD promo:
(1) Minimum RM 10K cheque from another bank.
(2) Maintain extra minimum RM 10K in AM Bank saving account, but can withdraw after place FD.

HLB 6mth @2.30% offer, highest return for 6 months

the highest 6m at the moment is 2.50% (effective rate) at mbsb, i just placed one last week.

https://forum.lowyat.net/index.php?showtopi...ost&p=104578753

This post has been edited by kplaw: Jun 27 2022, 12:18 AM

HLB OTC FD

6mths 2.30%

12mths 2.80%

Best in market so far, must go to their branch for rate

Just checked, rhb 6m 2.5% no more. They have 2.5% for 9m now. So placed another one at mbsb @2.5% effective rate for 6m for my matured br fd.

https://forum.lowyat.net/index.php?act=ST&f...ost&p=104447108

Affin

6 mths - 2.45%
12 mths - 2.85%

In UOB to place for 12 mth 2.75% FD with monthly interest.

RM said next week BNM meeting, expecting OPR to go up by at least 0.25%. Lets hope so !!

placed 24th mth @2,8%.... lazy to move fund around as the placement value is not hight.

BNM will have another meeting 05-06 Jul 2022 (Tuesday-Wednesday).
I personally expects another opr hike of 0.5% following 0.75% of FED also in the name to curb inflation.

YES. I also believe that BNM should hike AT LEAST 0.5% because angmoh fed already hike 0.75% in June and very likely to do the same AGAIN in July! Hiking 1.5% in 2 months. So far this year, BNM only hike 0.25% in May. Although OPR started at a higher level, if the gap with FED keep narrowing, Ringgit is going SOUTH further. IF all go as planned, FED will be at 2.5% by end of July. Malaysia currently, only at 2%. Even if hike 0.5%, OPR ONLY same as FED. Very bad for Ringgit. And I read recently that our country foreign reserves in USD fell to new lows right? So, BNM better wake up and do some serious lifting. UNLESS BNM wants to see a very weak Ringgit and HIGH inflation down the line, though inflation already high. Go to the supermarket and buy things, u will see what I mean. Oh, no need, just eat at your local coffee shop, u will see what I mean.

if the interest increase by 0.5%, all the company with loan from bank will increase their material price.. price hike up will bomb the market..

rental sure the first one to increase..

why do we need point no.2?

yeah spot on.... but our finance minister relax only....keep saying malaysia growth on right track, inflation not serious, LOL.... life goes on MF!

I might uplift certs placed in the last couple of weeks and make new placemenst if the rates are favourable after the hike

As a retiree I too hope the OPR will increase by at least 25 points next week but I'm preparing myself for a possible delay in the hike as the core inflation rate in our country in May 2022 was 2.8% versus 8.7% in the US

Depending on when new FD promo takes place, will be calculating the difference vs the "loss". Those FD placed recently will be the "candidates".

What happen to the monthly interest already credit to CASA when withdrawan prematurely? Do we get to keep them?