It is not effective rate, it is this promo package & as mentioned 70% FD at 4.1% pa. 6 months & 30% CASA placement at prevailing interest rates
https://www.ambank.com.my/eng/promotions-pa...Bundle-Campaign

A new feature with AM Bank is there is an option to have monthly interest credited even for 6 months FD.
Initially, I thought the teller mistook me for a senior so I said I was not so old but she said is available to all now, lol.

My bad, didn't see BladeRider's posting, the promo is probably the same but since is 12 months, i'll just stick to the former as I anticipate interest rates should still continue to go up.

Yes, is stated in my FD printout. I will post again once I get my first month's interest.

Yes, have a feeling there will be a 'shock' 25pts hike.
Looking at political state of things, 50pts quite unlikely.


This is so nostalgic with the paper disintegrating! You must be very passionate about preserving your documents / articles

I think FPX cut off time is 11pm for RHB. There are 2 links, 1 link is for FPX while another link is for debit from savings / current account but I usually use debit from account as I encountered issues with the FPX limit, not sure where exactly to change the limit.

Anybody knows if the 4% / 5% pa. Promo for al-rajhi's Rize account going beyond 31 August 2023? This is because I noticed the T & C no longer shows the end date although the banner on the web site still shows it

Thanks. At 4% pa. (Or more) at these sites including Kenanga, Versa, etc. Is very close to traditional FD just with the flexibility to withdraw or add some money at anytime.

Only BR looks substantially more at 4.22 pa. 12.months, only no pidm

Ambank promotion
3.8% pa. for 12 months
3.75% pa. for 6 months
They just said need to have rm10k remaining in the bank account which is not earmarked & can be taken out anytime.

FD

CIMB TIA account promotion for this month
4.0% pa. for 12 months

I was only offered 3.75% pa. 12 months

This post has been edited by gchowyh: Aug 8 2024, 03:14 PM