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

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cybpsych
post Jun 20 2023, 07:49 AM

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QUOTE(bbgoat @ Jun 19 2023, 08:41 PM)
BR 8 mths 4.11%

12 mths 4.22%.

with mthly interest, min 10k, 20/6 to 30/9/2023
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addon some info thumbup.gif

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bbgoat
post Jun 20 2023, 09:20 AM

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QUOTE(BWassup @ Jun 19 2023, 09:01 PM)
Long-awaited announcement from BR. Above market average, but well below BI.

Are these rates negotiable, based on amount? smile.gif
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U can always try....... smile.gif


QUOTE(nexona88 @ Jun 19 2023, 10:01 PM)
Not bad rate... Still above than others but still below market leader BI 😉

Only good is monthly interest given 👍
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Yes the mthly interest make it better than BI in a way. Also cannot pump too much into 1 bank........ biggrin.gif
virtualgay
post Jun 20 2023, 10:27 AM

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i dont get the MaxCash Campaign by Bank Islam
read the TnC also dont understand
anyone got put money in MaxCash by BI?
https://www.bankislam.com/maxcash-campaign/

nike89
post Jun 20 2023, 11:10 AM

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https://www.hlb.com.my/en/personal-banking/...otion-2023.html

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BWassup
post Jun 20 2023, 11:31 AM

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QUOTE(bbgoat @ Jun 20 2023, 09:20 AM)
U can always try....... smile.gif
Yes the mthly interest make it better than BI in a way. Also cannot pump too much into 1 bank........ biggrin.gif
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Just a note: BR is not under PIDM
contestchris
post Jun 20 2023, 11:43 AM

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QUOTE(BWassup @ Jun 20 2023, 11:31 AM)
Just a note: BR is not under PIDM
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Really??
nike89
post Jun 20 2023, 11:49 AM

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QUOTE(contestchris @ Jun 20 2023, 11:43 AM)
Really??
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https://www.pidm.gov.my/en/how-we-protect-y...em/member-banks
nexona88
post Jun 20 2023, 12:15 PM

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QUOTE(bbgoat @ Jun 20 2023, 09:20 AM)
Yes the mthly interest make it better than BI in a way. Also cannot pump too much into 1 bank........ biggrin.gif
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Yes. Needs to spread the $$$..
Basic rule of "investment"... Cannot put all eggs in one basket 😁

But but but it's No PIDM protection which might make some to think twice 🤪
kechung
post Jun 20 2023, 02:01 PM

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QUOTE(nexona88 @ Jun 20 2023, 12:15 PM)
Yes. Needs to spread the $$$..
Basic rule of "investment"... Cannot put all eggs in one basket 😁

But but but it's No PIDM protection which might make some to think twice 🤪
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Bank Rakyat is a government agency as stated in its website. Government bank not under PIDM, just like BSN,

In 2018, Bank Rakyat was placed under the supervision of the Ministry of Entrepreneur Development and Cooperatives (MEDAC) who is responsible in the development of the nation's entrepreneurship and small and medium enterprises (SMEs) industry.
bbgoat
post Jun 20 2023, 02:04 PM

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QUOTE(BWassup @ Jun 20 2023, 11:31 AM)
Just a note: BR is not under PIDM
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QUOTE(nexona88 @ Jun 20 2023, 12:15 PM)
Yes. Needs to spread the $$$..
Basic rule of "investment"... Cannot put all eggs in one basket 😁

But but but it's No PIDM protection which might make some to think twice 🤪
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Well, this topic has been discussed so many times. I won't be deterred by the PIDM issue. It all up to the individual. tongue.gif
nexona88
post Jun 20 2023, 08:22 PM

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QUOTE(kechung @ Jun 20 2023, 02:01 PM)
Bank Rakyat is a government agency as stated in its website. Government bank not under PIDM, just like BSN,

In 2018, Bank Rakyat was placed under the supervision of the Ministry of Entrepreneur Development and Cooperatives (MEDAC) who is responsible in the development of the nation's entrepreneurship and small and medium enterprises (SMEs) industry.
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Basically it's better than PIDM since it's government banks 👌

No worries of $$$ missing
virtualgay
post Jun 20 2023, 10:08 PM

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QUOTE(nike89 @ Jun 20 2023, 11:10 AM)
die die dont want to match with BI
even they give 4.25% also i will put for 6 months
we all know OPR is going up very soon
but does not mean FD rate will go up

CommodoreAmiga
post Jun 21 2023, 07:29 AM

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QUOTE(nexona88 @ Jun 20 2023, 08:22 PM)
Basically it's better than PIDM since it's government banks 👌

No worries of $$$ missing
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"Supervised" only. Not "guarantee". If shit hit fans, who knows.

ok, back to topic.
dannyw
post Jun 21 2023, 09:18 AM

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QUOTE(virtualgay @ Jun 20 2023, 10:08 PM)
die die dont want to match with BI
even they give 4.25% also i will put for 6 months
we all know OPR is going up very soon
but does not mean FD rate will go up
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Even 4.0% they also don't want to offer. x.99 normally used in sales, so that people 'feel' cheaper.

True on the FD promo rate, MBB promo rate also drop, even OPR still the same.
BladeRider
post Jun 21 2023, 09:32 AM

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Hong Leong efd 3.99% for 6 months. Promo placement must be make between 20-22 June.
nexona88
post Jun 21 2023, 12:14 PM

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QUOTE(dannyw @ Jun 21 2023, 09:18 AM)
Even 4.0% they also don't want to offer.  x.99 normally used in sales, so that people 'feel' cheaper.

True on the FD promo rate, MBB promo rate also drop, even OPR still the same.
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MBB is one of the worse place to dump your $$$ into FD...

They got among the worse rate offered...

As for FD rate dropping... It's across the board.... Banks flush with $$$.... And latest news saying less people taking up loans... Thanks to higher interest rate....
IceLeo
post Jun 21 2023, 01:20 PM

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For RHB FD, if mature date is 22 June, when can i take out the money?
sirius2017
post Jun 21 2023, 01:22 PM

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QUOTE(IceLeo @ Jun 21 2023, 01:20 PM)
For RHB FD, if mature date is 22 June, when can i take out the money?
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On 22 June you can withdraw your FD.
CommodoreAmiga
post Jun 21 2023, 02:02 PM

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QUOTE(nexona88 @ Jun 21 2023, 12:14 PM)
MBB is one of the worse place to dump your $$$ into FD...

They got among the worse rate offered...

As for FD rate dropping... It's across the board.... Banks flush with $$$.... And latest news saying less people taking up loans... Thanks to higher interest rate....
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Some more MBB online cuckoo...many people reported missing deposits here.

Previously also very sneaky, don't even tell you the rates before you make placement. Recently I saw they have a small link to show the rates already...maybe too many complaints to Bank Negara....lol.
nexona88
post Jun 21 2023, 02:14 PM

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QUOTE(CommodoreAmiga @ Jun 21 2023, 02:02 PM)
Some more MBB online cuckoo...many people reported missing deposits here.

Previously also very sneaky, don't even tell you the rates before you make placement. Recently I saw they have a small link to show the rates already...maybe too many complaints to Bank Negara....lol.
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$$$ missing not only tiger.... Sotong also same page.... Many complaining.... U wait end of this week or next week. Mark my word... Confirmed system offline @ crash.... Salary time always got issues especially gomen salary time....

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