so can do it over the counter ? bcos she dont have the Internet Banking.haha

Just got back from Affin bank to learn that the offer (Islamic Deposit) is no longer available (outdated). The latest promotional rate for 6 months is 2.88; 3 months is 2.68.

Is RHB smart account has better yield if less than RM50k?

just got this from WhatsApp....

May I know when is this promo ending?

Just wondering would it better to go for 12m FD now even slightly lower than this Affin 2.88% 6m ?

Since like the rate will be going down trend? im bad at calculating pls someone advise me

Any eFD promo from Hong Leong. Tired of transferring funds especially now that banks are so crowded.

Yeah i foresee will not be using the money.

So which 12m or more now that has the highest rate?

I have MBB, PBB, CIMB, MBSB, Affin, BI, thats all i think.

Just stupid the Affin eFD system, how many times need to perform the TAC... max only 10k...

CIMB promo rate

This campaign is only applicable for conventional (CIMB) Current Account and Savings Account (CASA) holders.
Campaign valid from 18 May until 30 June 2020.

Placement link: https://www.cimbclicks.com.my/clicks/#/


Campaign link: https://www.cimbclicks.com.my/efd-may20.htm...FD%20May%202020
T&C link: https://www.cimbclicks.com.my/efd-may20.htm...ay%202020#terms
ENG T&C link (detailed): https://www.cimbclicks.com.my/efd-may20.htm...ay%202020#terms

Someone posted it a while back, can't find it.

Just login to Connect -> Apply -> investment term account

Then select the options like what you do for conventional eFD. Except the source of funds is from one your HLB accounts.

Just google or search this thread for some past discsussion of FD versus Islamic FD/term-investment.

Yes. They call it mature after 2 years la. If withdraw early high penalty. Usually can get back around 90%+

I know it's off topic but it is pretty good deal if you ok to set it aside for 2 years. Withdraw early is painful.

I dont have ocbc account, so abit ma fan. Else i'm unsure how they arrange for transfer of such huge sum of money

Ps: i neither work for ocbc or great eastern.

additional pain is have to come up with the same amount on year 2.... good for the big bosses i guess

Ouch monthly need to deposit/pay RM8333 ?

The guarantee on the 3.9% is from GE. And despite what the flyer say about potential bonus after 2 years, probably the amount gonna be zero or very low.

Important note is no early withdrawal, you can lose part of the capital. I'm not sure how ocbc promotes it or sell it. They may have a way to ask you to pay one shot instead of 2 separate years. I am not familiar on mechanism but such plans are not out to con you.

I bought etiqa last year pay 2 years kena tahan for 5 years. The issue for me is... i just have to make sure 5 years i cant touch the money. Else lose 10% of the money during the 1st 2 years. While i'm mildy surprise they (GE/ ocbc) did not withdraw despite the interest rate cut, this one is not a fishy plan. You can always ask them for the product disclosure sheet and sales illustration if you worry. Sales person got commission ba, but very low, 0.2%?
I got the flyer before mco. But i dont have full details. Usual insurance caveat is dont surrender early. Full 2 years required for the money to be there. Better get info from ocbc. The annoying thing is they want you walk in to get more info. This is the usual tactic la. But the plan itself is legit la. Unless you dont trust GE.

Edit: Let me caveat slightly, last year when GE did this, i was told only offer to bank customer, usually priority banking. So i never bothered to find out also i dont have 20k lying around. And i really not GE or OCBC staff just want to let everyone know, not all insurance savings plan is evil. Just need to understand. And yes such plans dont make much money for the insurance company. I share you the promo last year lo. 4.5% but last year when you hear 4.5% maybe not as wow la.

I tried today using my CIMB clicks for 5k @ 6 months, but the interest rate written there is only 2.05%?

Is this the best promo rate so far for FD? compared with other banks...

Thanks for rate sharing.

I'm don't have an Affinbank bank account, can I create one online and then do the eFD placement? All can be done online?

Actually I'm using OCBC 360 Account, treating it like a FD account, but currently the rate drop to 2.75%, so I'm thinking of other options...

I received via email notification.  Can see the code in online acct  inbox

Copy ---'

Here’s an exclusive offer that you can be proud of as an allianceonline mobile user. Earn 3.15% p.a. interest rate when you place a 3 months e-Fixed Deposit (“e-FD”) with a minimum placement of RM5,000. Sign up today!
Here’s how:

Campaign steps
*As the last step allianceonline mobile registration, perform a balance inquiry at any MEPS-enabled ATM within 3 days (only applicable for new allianceonline user).


This preferential interest rate is available for a limited time only so don’t miss out.
Campaign Period: 30 March 2020 to 30 June 2020

Terms and Conditions apply.

3 months 3.15% ..promo for alliance online banking app user.
U need to dl the app. The TnC refers to 'selected customers' who will receive a promo code on the inbox when u log into alliance online. No definition of the bank selection criteria.

The code is for 1 x use only. Tried to place 2nd time...tak holeh
Try and see if you can open this TnC document

https://www.alliancebank.com.my/Alliance/me...MPAIGN-16042020
.
Place eFd via Alliance online (not the online app)
.there's a dropdown to enter promo code after select 3 month tenure. Then u can see the 3.15 % rate

Click the link below,

https://www.alliancebank.com.my/banking/per...us-account.aspx

Select “Apply Now”,

Enter your personal details and most importantly,
Choose your “Preferred Branch”,

You’ll get an SMS sent to your mobile no (which you have entered in the online application form).

Print out / screenshot the submission confirmation & the SMS you received.

Walk to your preferred branch, grab a queue number for account opening- For ID verification.