RIZE supposedly give daily interest right? But where do they display the interest earned? Recently open and deposited money in but didn't see the interest earned.

Finally went to BI for the 4.5% FD. Seems very old school and said my FD cert would only be given after my bankers check cleared. Must open savings account so the interest could be credited upon maturity. It has been a long time since i last saw a savings passbook.

[attachmentid=11472159]

September one can guarantee hike...

This one more on political reasons & pressure... No matter what BS they said in the statements....

Is this RIZE suitable for saving > rm 200k? Any protection similar to PIDM? Thanks.

finally, joined BIMB's TDT 4.50% @ 12mth campaign

just got some FDs matured @ HLB today, withdraw it thru Bank Draft (RM5.65 fee) cuz HLconnect can only do max RM50k per day

went to BIMB, was hoping Bank Draft -> BIMB BSA immediately -> TDT placement, but staff staid Bank Draft need clearance. If deposit to BSA, then TDT will only dated at clearance date.

however, BIMB also allow direct TDT placement from Bank Draft/other sources and will be effectively dated on placement date (mine @ 7/7/2023)    just that i can only collect the certificate next week cuz it can only be issued once Bank Draft is cleared.

profit will only available together with TDT once matured, eventhough you have BSA with them. nvm, i already linked my BSA with SSPN too. good to keep an account with BIMB for future TDT/SSPN uses.

at the counter, i did ask them what happen if maturity falls on weekend? staff said system wont adjust the date and no profit given (verbal info). just checked BIMB portal, maturity date set to 8/7/2024 (Mon) as default maturity 7/7/2024 falls on Sunday.

couldnt see the profit yet in BIMB portal (or reflect tomorrow? tbc). let's see if the certificate will have it printed.



---------

those who wants to open BIMB account...

Hong Leong Bank eFD 3.99% for 6 months.

Min RM 10K, max RM 200K
eFD only
Today only

[attachmentid=11472576]

No

I asked CS and was told still available. Will contact my branch later today.

Confirmed that 4.5% BI promo has ended. No new campaign yet.

AmBank promo, fresh fund only.

FD : CASA
50:50
FD 12 mths 6.86%
CASA earmark 12mths
Effective rate up to 4.30%

No idea on end date.

I added comment in earlier post

Add: Note depends very much on your CASA account earned interest, if not effective rate is LOW, like 3.43% onwards.

i recalled ambank managed to track outward vs inward and reject.

Typo for UOB?

MBSB Bank latest TDi campaign start from 27/7/2023 until further notice with the effective rate as follows:

*6mth:4.00%*
*12mth: 4.30%*

Minimum amount: RM10,000.00

FD/CaSa bundle to be allocated on 25:75 basis

Today is my RHB eFD maturity date 27/7/2023. I can only withdraw tomorrow? I remember other bank I can withdraw on the maturity date.

can just click next? Receive warning before proceed.

Is anyone here know ICBC promo 6/12mth 4.10/4.30% still available?

Wow that's great news. Thanks to all. Just quick update, AMbank says will request to HQ to give same 4.3% based on bundle. But I think I will just go open MBSB if the above is correct.

It can be straight forward. Read on.
Yes they just offer me that. Even though I hate monthly as I always think it will not add up right (the 12 months). But eventually I opted for monthly trusting the bank calculation. I am not going to calculate myself after 12 months.
That's the problem with such banks. Clueless about the practice. Takes long time for them to realize the new rules.

OK in the end I went with AMBANK. The manager was kind enough to give me a net effective rate of 4.3% for 12 months. It is quite straight forward as the savings account gives 0.25% and the FD 8.35%. 50 - 50 Fresh fund. If the savings account do not give 0.25%, I will get 4.175%. Lazy to go open MBSB account even though if got chance I will just go open account first for future promotion.

The ambank promotion depends on the branch manager. So no harm trying to ask. Fresh fund above 200k. They told me also got cases of 100k and the HQ gives 4.2% nett.

If you are elderly