no idea... ambank 3.2%?

i no longer chase for the best but put up with all the shitty hassle.

i settle for max convenience with the keyboard.

Sorry, 4.10%, getting brain fog
But just calculated 3.20% p.a. 12 months is still higher and is more convenient to place & redeem online.

can we just keep this thread strictly for FD rates? Tiring to see same old shit from some self-proclaimed financial guru. Admin, pls do something

Affin Bank 3 Months FD

2.63% with Invikta --> This is the best 3 months FD I can find so far
2.48% without Invikta

MilesAndMore Thread is kinda messy and OT, please intervene. Thanks

Update : After reporting to BNM, HLB solve the issue really fast. They called me this morning and solve the issue. My eFD has been withdrawn to my CASA.

Please only post about FD rate on this thread.
For those "grand theory", please create newer topic for that.

Thank you.

Edited
Please cooperate by not posting on those grand theory, trivia squeezing methods, count until cents etc issues.
Posts deletion and suspension may be served by moderators if persisting long posting on those trivia "grand theory" issue.

One may create a new topic if interested to discuss on it.
Most FDers in this topic are mostly interested of specific FD rate issue only.
Let the thread become neat and ease for everyone read.

Thank you.


This post has been edited by cherroy: Jul 20 2022, 09:53 AM

This is why...instead of sakit kepala pusing-pusing trying to make a few extra peanuts. Just buy bank stocks when price is attractive to earn dividends. Seriously, why crack your brains earn peanuts when you can let the smart people earn bananas for you?

Thank you mod!

That fella so annoying!

Btw, not sure if this is appropriate for discussion here. Does anyone puts FD in Singapore or elsewhere? Planning to park some money is SGD for hedging purposes.

Google and found this thread,.
Convert MYR and place FD in SG Banks ? Yay or Nah
https://forum.lowyat.net/topic/4786197/+20

UOB Jln Tengah: Visit us on Tue & Thu in Jul22 for special 12mths FD Plus@ 2.90%pa with min RM10k new funds. Info: 03-79556576. T&C apply.

It looks like the FD rates are closing in on Pre pandemic rates. Do you guys its safe now to put in longer promo period. i.e. 6 months vs 12 months.

My 2 cents says wait a bit yet. USA, UK and Europe are all set for further interest rate rises and Malaysia will really have to follow suit to protect the Ringgit as best it can. The next OPR rise is likely 8/9/22 and I would be tempted to wait until at least then. I wouldn't bet against OPR of 2.75% by the end of this year and 3.25% by the end of H1 2023.

This post has been edited by MattSally: Jul 21 2022, 12:37 PM

Personally...

3mth or 6mth should be the target...

Whatever... There's sure some hike in OPR...
How many... Not sure... So 6mth is sweet spots 🙏

Put into KDI Save at 3% until end of the year. Withdraw when the time is right for FD.

Any minimum amount needed to fulfill? 🤔🧐

Can't remember, but I don't think so ,or very small amount.

It's okay.
Thanks 👍

any amount will do.

I tell you, it's useless to park FD in SGD. The rate is not attractive, max can only get like 1.0% - 1.50% (12 months), that is pre-covid and need to hit certain sum. also must be OTC ya.

E-FD don't ever think to get 1%. the most is 0.5% - 0.75% that is already promotional rate and must put fresh fund..

Just go for REITS la uncle....