then if > RM250 k have to pray very hard.haha

You meant place RM 500k FD for the same back can get PIDM protection?

1. FD of RM 250k under own name
2. FD of another RM 250k under joint names

Correct? 

Itu lah...what CS said takda logic. .
Just wondering if it's the usual case of "salah advice"

I did 
Answer- becoz their system said " pending'...Besok baru sysetm update interest as "confirmed"

I remember someone had similar experience of Bank Islam/Rakyat?? ( not sure) where withdrawal is 1 day after maturity date

Just got the update from BR.. 11m promo end 30th August 😭

I just put in fresh funds into the Bank Rakyat 2.75% @ 11 mths promo. They are ending it earlier than 15 Sept due to receiving more than enough for their target quota...

However, this BR fd is a bit different as it is not covered by PIDM. However, the staff told me the principle will be protected; not the interest...hmmm

One other thing is, the maturity date is important, as the staff did not seem keen to say that we can easily withdraw our money after maturity - I suspect if we miss the date and wanted to withdraw afterwards, there will be some kind of penalty.

Can anyone confirm that about the principal withdrawal on the maturity date?

Good news perhaps?

RHB: No more OPR cuts expected in near term

KUALA LUMPUR (Aug 28): RHB Bank Bhd does not foresee another cut in the overnight policy rate (OPR) in the near term, as it expects the Malaysian economy to bounce back, based on an increase in the number of loan applications it has received across its business segments.

https://www.theedgemarkets.com/article/rhb-...ected-near-term

Sad.. it's already quite low the way it is. I hope the RHB article is correct. Are you guys actually taking it out from FD to invest elsewhere or just tanking all the way regardless how low the FD will be in the future?

Maybank has no FD promo including e-FD since last OPR revision.

I could be wrong. But I think highest now is Affin 5 months at 2.5%. I just put last Fri. But I put 6 months 2.48%.

in a dilemma now. go ahead with 2.3% for 12m or wait?what if the cut is big? 0.5%? if true, then the new promo rate maybe lower than current board rate.

OTC placement only right?

BR otc:
12 mths 2.30%
12 mths 2.40% nego rate for RM50k & above

Is this available for non "Premier" customers?
I asked branch before...they said no nego rate irregardless of placement amount

Anyone got updated list of FD rate?

If I happen to be near a Rakyat branch, I'll go ask again .

The guy at the branch gave me info which made me go

1) "Exclusive " customer  - RM1 million placement. ( went back and checked Website - listed as RM300k)
2) Any special/nego rate for "Exclusive " customer - takda