TIME is $$, so don't wait. But, you should divide up your cash holdings into at least 4 portions and do FD placement every time BNM hikes. Y 4? because most mkts players think OPR will go to 3% by middle of next yr, meaning like by May or June 2023. From 2% to 3%, if BNM hike 0.25% every time when they hike, means need to do it 4 times. When June comes around next yr, the FD u had place matures and u can go another round again. Just my 2 cents. Take care.

From Affin RM

Affin Bank FD promotion rate FOR INVIKTA CUSTOMER:

3 months 2.63%p.a.
6 months 2.88%p.a.
9 months 2.90%p.a.
12 months 3.15%p.a.

Minimum placement amount RM50K

Applicable to both new and existing funds

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

*Invikta FD rate only applicable placement over the counter, not applicable for online FD placement
Affin Bank FD promotion rate:

3 months 2.53%p.a.
6 months 2.78%p.a.
9 months 2.80%p.a.
12 months 3.10%p.a.

Minimum placement amount RM10K

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

Tot Ambank was 3.2% for 12 mths?

That is Affin 

Affin is 3.15 bro, ambank from previous posting shared is 3.2%... so just to reconfirm for ambank... is it 3.2%?

For those familiar with Ambank CASA tied in promo, can the RM10k be transferred online to CASA or it has to be together with the cashier order? My branch is very particular about this. Forgotten to ask just now.

Tot Ambank was 3.2% for 12 mths?

If u have AmBank CASA of 10k, then ok already. But if not, I think they just want to make sure your CASA has 10k there at time of placement. So u can xfer in 10k and use cheque or other means for the FD placement.

To be 100% sure, maybe can check with AmBank, your RM etc.
Bro, Affin and AmBank. Please check my post again !

The trend may not reverse, but the speed at which it depreciate will. Take a look at Turkey. The gov does not allow its central bank to hike rates even with the wild inflation going on. The results? Went from 1 usd to 3.54 lira in 2017 to now 17.22 lira (486% in 5years). It went from 1.48 in 2006 to 3.54 in 2017 (239% in 11years) I rest my case and the data speak for themselves.

Also, our Ringgit depreciation accelerated after the 1MDB scandal. Politics matters. If the gov continue the same course it is on, Ringgit is hopeless. Only the well connected will prosper and the rest just get more poor.

From Affin RM

Affin Bank FD promotion rate FOR INVIKTA CUSTOMER:

3 months 2.63%p.a.
6 months 2.88%p.a.
9 months 2.90%p.a.
12 months 3.15%p.a.

Minimum placement amount RM50K

Applicable to both new and existing funds

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

*Invikta FD rate only applicable placement over the counter, not applicable for online FD placement
Affin Bank FD promotion rate:

3 months 2.53%p.a.
6 months 2.78%p.a.
9 months 2.80%p.a.
12 months 3.10%p.a.

Minimum placement amount RM10K

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

From Affin RM

Affin Bank FD promotion rate FOR INVIKTA CUSTOMER:

3 months 2.63%p.a.
6 months 2.88%p.a.
9 months 2.90%p.a.
12 months 3.15%p.a.

Minimum placement amount RM50K

Applicable to both new and existing funds

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

*Invikta FD rate only applicable placement over the counter, not applicable for online FD placement
Affin Bank FD promotion rate:

3 months 2.53%p.a.
6 months 2.78%p.a.
9 months 2.80%p.a.
12 months 3.10%p.a.

Minimum placement amount RM10K

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

Is this promo only for OTC? no such rate in online banking

Yeah, i just got a WA reply too. Online is okay.

In the midst of uplifting my UOB placed middle June and move to Ambank 

Just to update, still no new campaign for UOB and BR. Awaiting OCBC

For non Invikta, 12M 3.10% is only for OTC too? coz can't see it from Affin Online

Is this promo only for OTC? no such rate in online banking

From Affin RM

Affin Bank FD promotion rate FOR INVIKTA CUSTOMER:

3 months 2.63%p.a.
6 months 2.88%p.a.
9 months 2.90%p.a.
12 months 3.15%p.a.

Minimum placement amount RM50K

Applicable to both new and existing funds

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

*Invikta FD rate only applicable placement over the counter, not applicable for online FD placement
Affin Bank FD promotion rate:

3 months 2.53%p.a.
6 months 2.78%p.a.
9 months 2.80%p.a.
12 months 3.10%p.a.

Minimum placement amount RM10K

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

From Affin RM

Affin Bank FD promotion rate FOR INVIKTA CUSTOMER:

3 months 2.63%p.a.
6 months 2.88%p.a.
9 months 2.90%p.a.
12 months 3.15%p.a.

Minimum placement amount RM50K

Applicable to both new and existing funds

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any

*Invikta FD rate only applicable placement over the counter, not applicable for online FD placement
Affin Bank FD promotion rate:

3 months 2.53%p.a.
6 months 2.78%p.a.
9 months 2.80%p.a.
12 months 3.10%p.a.

Minimum placement amount RM10K

Promotion period from 7 July 2022 until further notice

*rate subject to changes from time to time, will update again if there is any