Ya have to see the T&C for the specific campaign

It will be rejected, i’ve tried this from my family’s account but failed. Must have same name from both bank.

Using 100k and Affin again as an example, at 6 mths, you would get RM1,365 (100k x 2.73%pa / 2). If one NEEDS to use this RM1,365 at month 6, one needs better financial management. RM1,365 x 2 = RM2.730. Instead of RM3,050 after 12 months. If I was a retiree, I would have planned to have enough resources for a minimum 12 months, rather than relying on monthly, quarterly or half yearly returns.

My example were merely to state that a person's returns when placing 6 mths or 12 mths, can be higher if one look at the bigger picture, instead of focusing purely on fear of rising OPR.

As a retiree, I at times also planned to hv that ("free") RM1, 365 as preparation of money from banks for packing of Ang pow money in January.

CIMB RM senttoday

📣📣📣📣📣
*Latest update*
📣📣📣📣📣

*CIMB PREFERRED FD rate*


*Effective 12 July 2022*
Latest Fixed Deposit rate as below:-

*🔹Conventional🔹*
1 month *1.75%p.a*
3 month *2.25%p.a*
*6 month 2.45%p.a*
*12month 2.45%p.a*

*🔹Islamic🔹*
1 month *1.75%p.a*
3 month *2.40%p.a*
*6 month 2.55%p.a*
*12month 2.60%p.a*
*❗18month 3.25%p.a*❗


💰Min deposit *RM10,000*


*🔊 Special rate offer for limited time only. Rate change at anytime without prior notice*


_*Terms & conditions apply*_

how come so big gap in the rate difference between convention (2.8% for 12 mth) and islamic (3.2% for 15 mth) so big gap?

For Public Bank 7mths or 12 mths, how to get this FD?

I tested my saving account I can see only 50 Plus FD (6mths 2.70%, 9 mths 2.75% & 12 mths 2.8%) but my exact age this year only 47 leh......

This post has been edited by jhleo1: Jul 12 2022, 02:38 PM

Only saw this info from https://www.pbebank.com/Personal-Banking/Pr...paign-(12).aspx which only got 6 mths, 9 mths & 12 mths versus those previous posted. Quite confused.

Found out the reason.... I mixed up Public Bank with Public Islamic Bank.

5 telephone enquiries

AMBANK promo for priority customer
1m 1.90 %
3m 2.00 %
6m 2.10 %
12m 2.00 %

BANGKOK BANK promo from 13 July 2022 for 1 month.
Minimum 25k, maximum 1m FF. Payment on maturity.
6m 2.70 %
9m 2.90 %
12m 3.10 %

BANK MUAMALAT still on till 15 October 2022.
6m 2.30 %
12m 2.80 %
18m 2.88 %

BANK ISLAM and BANK RAKYAT no promo now.

Why Ambank 6m has higher rate than 12m?
Is there a trick?

Maybe Ambank see people like to put short term waiting for OPR rises every 2 months? But their 6 month for Priority customer still cannot beat Bangkok Bank and Bank Muamalat normal customers.

For PBB Term deposit i via FPX for 15 months n 18 mths - Terms n conditions did not mention profit will be credited 6 monthly for fd placed during the campaign period.

But it did mentioned when the Term deposits are renewed, the profit will be credited 6 monthly.

Contrast this with FD placed OTC for 7 month n 13 months - it actually mentions crediting the depositor's account 6 monthly for 13 month's placement.

Logged in PBB online banking, for PBB term deposit i via fpx for 15 mths and 18 months - profit credited six monthly.

If you only have conventional FD account with PBB, you can open Islamic FD account online and enjoy the promotional rates !

Just open my Islamic eTD-i account. Conventional or islamic uder the same roof

I saw other members posted Ambank FD promo till 31/7 for priority customer is 3.2%pa for 12mth. How come so far different? Anyone can verify its 3.2 or 2%?

I am trying to open one.

But i don't understand these questions.

1. Are you a Non-U.S. Foreign Tax resident? Yes No
2. Do you have Non-U.S. foreign residential/mailing address (including a P.O. box address in a Non-U.S. foreign country)? Yes No
3. Do you have Non-U.S. foreign telephone number and do not have any Malaysian telephone number? Yes No
4. Do you have any standing instruction to transfer funds to account maintained in Non-U.S. foreign country? Yes No
5. Do you have any power of attorney or signatory granted to a person with an address in Non-U.S. foreign country? Yes No
6. Do you have hold mail address/in-care-of address in Non-U.S. foreign country which is the sole address?


I assume it should be "No" for all, right?

Also, do i need to transfer money into my savings first? Because it ask from where the money is coming from. It is not taking FPX from other banks?

are you sure AMBG rates are so low? Board rates is it?

This could be board rates for AM Bank as their web site is still showing May 2022 rates.

I just got this today from my RM:

From 7 Jul - 31 Jul, APPLICABLE FOR both ISLAMIC TD-i & CONVENTIONAL FD:

6 months @ 2.80% p.a
9 months @ 2.90% p.a
12 months @ 3.20% p.a

Terms & Conditions
1. Applicable for Islamic TDi / Conventional FD & FRESH FUNDS only
2. Placement criteria : min RM 10k CASA balance is COMPULSORY
3. Applicable for TD-i / FD > RM10k only


I got the following similar which was apparently effective last week:
Islamic
3 months 2.4% p.a.
6 months 2.55% p.a.
12 months 2.6% p.a.

Unfortunately, up till today CIMB Preferred has not re-instated the coffee, tea & water at their centres.