Hi all, may I know the best ongoing FD promo? I've read the latest few pages and seem like UOB, BNM and RHB? Cannot find those info online except HLB - 6 months eFD 3.9%

Msia's GDP is still good. BNM may hold, bros,.... IF GDP and Inflation starts to drop, then may warrant a cut.

updates for affin

1) Affin - eFD 12months 3.90%.

2) Alliance Bank - no promo.

3) AMB - no promo.

4) Bangkok Bank -no promo.

5) BIMB (Bank Islam) - 6 month MoneyMax Wafiyah Investment 80 : Al Awfar 20 bundle. 100k FF till 31 January 2020 effective rate 3.79%.

6) BKR (Bank Kerjasama Rakyat) - FD promo till 15 Oct 2019 at p01m7 at 3.98%, p01m11 at 4.28%. 10k FF is over. No promo now.

7) Bank Muamalat - no promo.

8) CIMB p0m6 at 3.9% 10k AF. p0m12 at 3.8% 10k AF ufn.
CIMB p0m3 75FD : 25SA bundle. FD at 4.7%. ER = 4.7 x 0.75 = 3.525%. Min 40k till 31 Oct 2019.

9) HL p0m3 at 3.75%, p0m6 at 3.85% 10k FF till 31 Oct 2019. Monthly interest for seniors.
HL eFD FPX p0m6 3.9% 10k FF.

10) MBB - no pure promo. ASNB bundle.

11) MBSB - FD 75 : SA 25 bundle min 30k FF from 15 Oct to end of 2019. FD at 5.5% p0m6. SA-i at 0.5% profit at end of each calendar month. ER 4.25%. May opt to place RM1000 in CA-i to qualify for lucky monthly and quarterly draws.

12) OCBC - no promo.

13) PBB -p0m3 at 3.5%, p0m6 at 3.7% 10k FF till 31 Dec 2019.

14) RHB -p0m6 at 3.8% 10k FF from 3 Oct till 30 Nov 2019.

15) UOB - p1m4 at 3.65%, p1m7 at 3.75%, p1m12 at 3.88%. 10k FF till 31 Oct 2019.

Wow, looks like Affin is discouraging bulk placements from customers. They want to save interest costs?

Folks, for Penang at least, MBSB FD promo effective rate of 4.25% is still running ! Until end of January I was told.

Today cancelled HL eFD placed yesterday plus other funds to go for the MBSB FD ! 

I asked whether they have reached the target, was told that can still get it for me, before I terminated my HL eFD. 

So call up your local MBSB branch first if it is still available. 

However not sure by next week, will it still be available. Do call before go for the FD promo in MBSB.

Don´t waste your time, no promo for FD or savings account at MBSB at least (!) until April.

This webpage advert is same as my editted post

3) AMBANK OTC from 17 Jan to 31 Mar 2020.
3.98 % p0m3 70 FD : 30 CASA earmark.
From minimum 14k FD : 6k CASA earmark per placement (min 20k) to maximum 210 k FD : 90 k CASA earmark per depositor (max 300k).

Calculate the actual collection relevant to your deposit and CASA. Nominal EIR is 3.98 x 70 /100 = 2.786 %.

No where near 3.5 %.

Today went to AmBank. Have to queue up outside bank for 35 minutes. Slow slow....

Renewed FD for 12 mth 3.3%. Sent partial to Affin Bank.

Placed in Affin Bank 3 mth 3.45%.

My FD will mature in Bank A.
I want to renew this FD in Bank A.
But Bank A says to renew this FD, it has to be fresh fund.

So, in order to renew FD in Bank A on the same day,
can I do all these by noon time on the same day (so that do not lose any interest)?
(1) I rentas this FD from Bank A to Bank B early in the morning.
(2) Rush to Bank B.
(3) Rentas back to Bank A from Bank B
(4) Bank A receives fund from Bank B as fresh fund.

Is this method possible?
Or do you guys have any better ideas? Thanks

No, placement with cheque is counted on the date u placed the cheque and NOT cheque clearance date.

This save work from travelling to and fro from Bank A and B.

Cimb TIA otc mature today. auto update 2.55 6mth. looks like no need go uplift dy. 2.55 highest for now (efd/etia)? (other than BR, MBSB..)

auto update, the originally otc 4%. saw the new rate in cimbclicks. at first tot of going to bank to uplift de and move to affin or so.
really? okok then i better grab it for another 6 mth...
i think he was replying me..

Currently ambank 9months @ 2.35% sound like the best deal after Bank Rakyat, right?

Given the outlook on OPR - potential 25bps cut on 10 Sep

Msg from CIMB RM yesterday:-

TIA 1/8/20- 31/8/20

3 months - 2.45%
6 months - 2.55%
12 months - 2.60%

FD

3 months -1.85%
6 months - 1.95%
12 months - 2.00%

Just sharing info for Ambank

9 months
2.78% (normal) /2.98% (PB)
70% FD : 30 SA (locked 9 mths)

Might be branch specific, check with your branch