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 Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only

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CommodoreAmiga
post Nov 28 2022, 10:45 AM

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QUOTE(ipunk1026 @ Nov 28 2022, 09:40 AM)
i try open mbsb account online past week, but somehow eKYC verification failed. is this need go branch for processing the account opening?
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Yes, half of your info will be there, so it's faster. MBSB service is ok so far.
CommodoreAmiga
post Nov 29 2022, 08:37 AM

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QUOTE(ONGEDWIN @ Nov 29 2022, 07:55 AM)
I just did, also not reflected in my MBB. Usually how long only it will be reflected? Or how to go with it?
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Hmm..I had same issue earlier. Withdraw from KDI Save...not reflected until many hours later even after KDI Save sent me confirmation email.
CommodoreAmiga
post Nov 29 2022, 01:51 PM

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QUOTE(dannyw @ Nov 29 2022, 01:40 PM)
ya, past few promo also like this.
I have 1 mature today, but seeing like this, dare not try already. The rate not really high also.
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Maybank rates are usually among the lowest. They are cash rich and don't really want your money.
CommodoreAmiga
post Nov 29 2022, 02:19 PM

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QUOTE(sweetpea123 @ Nov 29 2022, 03:04 AM)
Is PBB eTERM 18m @ 4.5% guaranteed ? I am afraid nanti kena like CIMB Term Deposit (rates fluctuates)
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QUOTE(Human Nature @ Nov 29 2022, 09:19 AM)
Should be yes, different from CIMB TIA
To ensure fresh fund
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I believe whatever the difference is, it's very minimal and not worth talking about, based on my past experience with various Term Deposit.

QUOTE(cybpsych @ Nov 29 2022, 11:14 AM)
(un)fortunately, yes

user posted image
look at the bright side, can uplift any cert for emergency use  biggrin.gif
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This is actually my prefer method. There is really no advantage to have one large sum in one e-FD. Breaking it down to smaller deposits is the better way. Of course, if you have RM10 millions in the bank, then leceh lor. Tak kesah. Lump sum RM1m 1 deposit. laugh.gif

QUOTE(contestchris @ Nov 29 2022, 02:12 PM)
But this promo the rate quite okay right?
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QUOTE(dannyw @ Nov 29 2022, 02:17 PM)
Yup, not bad, just not the best. If not due to technical issue, i will place too.
Wait for the member here to report status if you want to place.
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What rates guy? Link?
https://www.maybank2u.com.my/maybank2u/mala...flash-deal.page

For 4 mths maybe ok. Bank Mualamat offers 3mths at 4% still the best.

This post has been edited by CommodoreAmiga: Nov 29 2022, 02:57 PM
CommodoreAmiga
post Nov 29 2022, 04:21 PM

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QUOTE(paramdav @ Nov 29 2022, 04:18 PM)
MBB is the most useless bank, even a simple online FD they can’t manage
I did my FD in the morning and still cant see it in my acct
I just plan to close my MBB acct
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I seriously don't know why die die still want to place at MBB when so many other better choices! Both PBB and MBSB can do online for much better rates.


CommodoreAmiga
post Nov 29 2022, 08:14 PM

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QUOTE(Human Nature @ Nov 29 2022, 06:20 PM)
May I know where do you get this image from? Assuming this is for OTC, I am trying to find the T&C. Thanks
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Not OTC. Online. Just click Islamic Term Investment or something on the left. Not the Fixed Deposit.
CommodoreAmiga
post Nov 29 2022, 09:42 PM

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QUOTE(1282009 @ Nov 29 2022, 09:09 PM)
Same issue. Luckily I tried with rm1k only for 6 mths before trying with bigger amount. I need to check tomorrow morning on the transaction. With such hassle for 6 mths 3.85%, i rather go with Ambank for 8 mths 3.80%.

Some suggest me to go for Pbb with higher % but i need to use the money after 8th month. So can't go for longer tenure for now. Also i do not have any Pbb saving account.
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You can go for 6mths @ 4% at MBSB and BI. BI no need account also can, can accept cheque and bank draft. MBSB I am not sure.
CommodoreAmiga
post Nov 30 2022, 10:42 AM

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QUOTE(Batusai @ Nov 30 2022, 10:16 AM)
same issue with MBB, fpx went thru, deducted and did not reflect.

MBB told will be refunded in 3 days.
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You: Take Mai moneh!
MBB: We don't want your moneh! Take it back!

🤣
CommodoreAmiga
post Nov 30 2022, 04:37 PM

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QUOTE(BrookLes @ Nov 30 2022, 03:24 PM)
Simple. Because there is no motivation for them to do so.
I mean I went to PBB to open account. I said I do not need the Debit Card. But then, they insist that I need the Debit Card. End up I have to just pay up.
Even CIMB dun need to pay.

It's just incredible that for someone who is going to put a significant amount into PBB, I still need to pay a "fee" to do that.

Even CIMB does not charge for the card.

Actually come to think about it. Why is it that banks cannot just open on weekends. I mean they can even open the banks for say 4 days a week. Whereby 2 days is on a weekend. But they just cannot do that.

And funny. When I open PBB account. I need to provide electric bills etc. Luckily I already have an account in Affin, otherwise cannot open PBB account also.

Really incredible.

Also, I just realized that if you open FD OTC more then a certain amount. You can only withdraw  your FD at home branch for PBB. So many stupid rules.

Also only able to close  your account at the home branch. I know it's only RM20 but still.

And you cannot make it up. PBB internet hotline you cannot call in yesterday and their website is so slow.
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i have my PBB long time ago...at one time when there was change for ATM card become Debit card. I just never bother and let my ATM card expired. Then i cut away the card. Now i have no ATM nor Debit card. Just let it be. Still can use online banking. laugh.gif laugh.gif laugh.gif

QUOTE(contestchris @ Nov 30 2022, 04:21 PM)
I lodged a report with Maybank. They just called to say yesterday they had too many systems issues, and as a result the transaction unsuccessful. She confirmed I will be refunded but not sure when, so far no refund yet.
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QUOTE(michaelchang @ Nov 30 2022, 04:28 PM)
With such lousy system, how can depositor be certain that their money are safe from hackers?

If they can't even do a simple FD banking software to work efficiently, I'm certain their cyber security system should be full of loopholes too.
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Wah lau...just now i have just done 2 FDs 4%@6 mths at MBSB. Website so speedy and user friendly. brows.gif I only have about 2-3 FDs with Maybank (short terms) now. Unless absolutely no where to put, i am never going to put into Maybank again. Now with KDI Save, i am definitely not putting more FDs into Maybank when the current FDs matured early next year.

This post has been edited by CommodoreAmiga: Nov 30 2022, 04:41 PM
CommodoreAmiga
post Nov 30 2022, 04:41 PM

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QUOTE(frankliew @ Nov 30 2022, 04:39 PM)
Ini macam pun boleh o... biggrin.gif
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They can't charge me what i don't have.... brows.gif brows.gif brows.gif
CommodoreAmiga
post Nov 30 2022, 07:08 PM

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QUOTE(1282009 @ Nov 30 2022, 07:07 PM)
Sorry what is "BI"?
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Bank Islam.
CommodoreAmiga
post Dec 1 2022, 06:16 AM

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QUOTE(lowchangsong @ Nov 30 2022, 11:47 PM)
user posted image

HI All, for the public bank 4.5% FD right , is para 3.6 and 3.7  of their TnC part of a catch for such high interest. Does it mean i can only get the full profit after 24 months while our principal must be renewed instead of being withdrawed out  to get the profit during the next 6 months after 18 months.
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A lot of FDs like this , every other bank too. Most of them will auto renew on maturity.So you just uplift/withdraw it after maturity. Won't affect your interests already obtained when you uplift after renewal.
CommodoreAmiga
post Dec 1 2022, 03:36 PM

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QUOTE(cfc @ Dec 1 2022, 03:29 PM)
pls guys, those kena the maybank fpx glitch please consider complaint to BNM, need to push for preventative measure in case FPX gone wrong at least
MBB hold the FD amount for > 2days before release, i still have not gotten my fund reverse back, placement was made on nov29
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Yeah. This is really serious issue. Like LRT down for a week. Unacceptable.
CommodoreAmiga
post Dec 1 2022, 08:06 PM

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QUOTE(Vio @ Dec 1 2022, 07:26 PM)
hi bro may i ask how do i create the islamic term deposit account?

user posted image
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No no no! Don't do anything here! Just make a placement for Islamic Term Deposit and it will be automatically created.

QUOTE(download88 @ Dec 1 2022, 07:37 PM)
Whats the different for 0.05% & 0.07%?
Is that need open 2 SA? Quite confused if compared with mbsb TD booster.
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No need to look at that. Just look at the ER (Effective Rates). This will be your actual rates. TD booster is straight forward. This is Combo package which hold a certain about in your CASA. No need to worry, just look at ER.

This post has been edited by CommodoreAmiga: Dec 1 2022, 08:07 PM
CommodoreAmiga
post Dec 2 2022, 12:40 PM

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QUOTE(harmonics3 @ Dec 2 2022, 12:23 PM)
On the plus side is you get separate PIDM protections of 250k each.
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Is it? I thought it goes by same name? Unless you have a joint account, it's still the same 250k. Korek me if wrong.
CommodoreAmiga
post Dec 2 2022, 12:49 PM

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QUOTE(Human Nature @ Dec 2 2022, 12:43 PM)
Conventional and Islamics are protected separately
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Oh, i didn't know. This is good. Now i can play with this. LOL.
CommodoreAmiga
post Dec 2 2022, 01:11 PM

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QUOTE(fabu8238 @ Dec 2 2022, 12:55 PM)
Just to inform fellow users, BNM has replied to my MBB compliant and basically they said relay your complain to MBB first and if not satisfied then complain to BNM. So basically they hv no time for us so I would advise fellow users be careful, be happy MBB returned yr money. Meantime expect the same inefficiency from our leading banking institution as our authorities are apparently too busy
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Go complain to DSAI at his FB!!! bruce.gif
CommodoreAmiga
post Dec 2 2022, 03:50 PM

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QUOTE(BrookLes @ Dec 2 2022, 03:44 PM)
I just do not think it will go much more then 4.5%
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US has hinted will slow down rates, but will still go up. I still think it will go up until maybe sometime next year. I mean PBB sees that rates will go up hence give you 4.5% to lock in at longer period of 18 mths. Surely they know something we don't.
CommodoreAmiga
post Dec 2 2022, 05:56 PM

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QUOTE(voc8888 @ Dec 2 2022, 05:01 PM)
He lagi tak senang, busy installing the cabinet  rolleyes.gif
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Ask him buy Kabinet from IKEA! Isu MBB lebih kritikal! laugh.gif
CommodoreAmiga
post Dec 2 2022, 09:11 PM

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QUOTE(BWassup @ Dec 2 2022, 06:05 PM)
BNM is busy preparing for their new boss at MOF, still not known at this moment tongue.gif
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FM is Anwar.

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