For AmBank can withdraw from any branch irrespective of amount, hopefully u are not talking in excess of 1 mil. But depending on banks, some require
u to do FD withdraw from originating branch, some set limits from other branches.

Yesterday went to BR to place 12 mths 4.22% with mthly interest. Though BI 4.5% is highest, but cannot put all eggs in a single basket...

This post has been edited by bbgoat: Jun 28 2023, 08:41 AM

One good thing about BR is they got monthly payment of interest for FD 👌

I just put last week 22 as well . They are offer me invikta 4.20% . Interest can get every half year. 13 month fd.

Sharing from kopitiam thread.

This post has been edited by Justin.Loong: Jun 28 2023, 01:54 PM

seems like board rate for FD has come down...
does it mean banks are flushed with money?

Time to increase RRR (reserve requirement ratio)?

Bank NPL goes up so need to reduce FD rate to earn back.

Dun think 50k is the limit for br. Just that you cannot uplift in other branches if your cert is more then 50k. But if you have say 3 20k certs you can uplift.

Really stupid system if you ask me.

Yup, 50k in one slip. Found this out the hard way, had to make cross-dsitrict trip to the original branch few months back

BR not PIDM protected le... i scare
but those with few millions also not scare hahaha

Good deal. Much better than their normal account promo

This is up to u!

Have so much discussion here before..... hahaha.....

Wrong logic actually. It depends if banks need more money. If yes, they have to increase FD.

Also if there is another large entity willing to borrow money from the bank

This post has been edited by BrookLes: Jun 28 2023, 08:50 PM

Hi people, I plan to open fd account, looking for bank with highest rates for 12 months. Anyone can advice ? First timer here.

As at now,
BI 4.5%, OTC (over the counter) placement, min 10K.

For online placement, PB offer eFD 4.05 for 12mth.
Last day on promo is 30 June, 2023. Tomorrow.

https://www.pbebank.com/Personal-Banking/Pr...paign-(18).aspx

You should browse back the last few pages of this thread. There are mentions of Bank Rakyat 4.22% pa etc


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Hi anyone made placement with MBB e-Islamic FD-i promotional FD 5/7mths @ 3.65%/3.76% in the past 2 days?
Just checked in M2U and noticed the rate is only 2.8% (didn't proceed).
Is it due to the quotas having fully been subscribed?

I remember I did check last few days the option still available, but when I try today, no longer. Should be quota full already.

Thanks for replying.
Will look elsewhere for better returns.

Rize la... do nothing get 4% no need headache!
not promoting Rize but i uses Rize to park my fund before it goes into FD
especially right now when we are about to hit the next MPC Meeting on 05 & 06 Jul 2023, i have some fund mature i park it into Rize
i am hoping that OPR will go up and hoping that Bank would give better rates!!
but again i know i am hoping for something impossible - OPR will GO UP, BANK will charge higher interest but FD rate stay the same!!!
but still i am hoping...

delete

This post has been edited by uglyduckling422: Jun 30 2023, 01:42 PM

Hong Leong FD/FDi & eFD/eFDi promotion:
01 July to 31 July 2023

▶️ 3m @ 3.70%pa
▶️ 6m @ 3.85%pa
▶️12m @ 3.80%pa

Min placement = RM10k

One day Efd/EFDi on 7/7/2023
6months : 3.99% pa

* Fresh fund required

TC apply.