uob 3.3% 12m, 10% CASA earmark 3m, only new customer.
I placed one early this month.
It's some kind of monthly promotion. Every month has different rate. Obviously last month's rate is higher. Dunno about next month. 

Yeah, I asked the finance manager. It will change next month.
New customer = no account in UOB

https://www.cimbclicks.com.my/efd-may20.htm...ASAAEgJwZPD_BwE

this eFD CIMB no need fresh fund right?

UOB don't provide eFD. Only OTC placement but can withdraw online

Will bank directly stop promo and update the rate tomorrow or will give a few day for the rate to be updated?

I hope this is merely pure speculations

Business research firm Fitch Solutions has forecast that Bank Negara will slash the Overnight Policy Rate (OPR) to 1 percent to spur the economy.
https://www.malaysiakini.com/news/533614

PBB eFD 2.28 for one month. not sure if other banks can top that?

btw i wonder if money market fund is better than 2.28%

but usually MM is less than FD right? because MM is more flexible and liquid

OPR rate cut but will it still be 2.4% projected? or is there a new projection?

yeah thats what i found out also.... let me try to ask CS see if they have a revised projected number.

How is StashAway Simple™ Projected Rate Calculated?
StashAway Simple™’s projected returns are driven by the rate of returns of its underlying investments, net of all expenses and rebates. The math on the projected rate of returns is quite straightforward: StashAway Simple™ projected returns are the sum of the amortised yield from the underlying fund, minus fees charged by the underlying fund managers, plus any rebates. Eastspring Investments rebates StashAway, and we distribute this full rebate to you when we receive it each month.

We will update the projected rate should the stated projected rate change. Should the underlying fund's projected returns change, we may decide to rebate you an additional amount in order to deliver the stated projected rate (in 3 decimals) at the time.

The Total Expense Ratio (TER) for the fund includes the Management Fee charged by the Fund Manager, as well as other expenses incurred by the Fund (e.g., custody, marketing, compliance, shareholder services); as the TER includes fixed costs, it may slightly vary depending on the size of the fund.

Could the Simple projected rate ever change?
Yes, depending on economic conditions, your StashAway Simple™’s projected rate may change, as its underlying fund is affected by Malaysia's economic health and trajectory. We will always notify you in the case of a change in the projected rate. The risk level to which your money is exposed will never change within StashAway Simple™.

The 2.28% you refer to bank FD promotion? Any bank offer that? I understand Affin bank 2.1% for 1 month consider high.

Hi anyone know if affin still offer 2.88%?

If I wanna transfer 6 figure amount to other bank by banker’s cheque is there any charges?

Affin 6 months 2.6% still valid today .(last day)

Affin Bank FD Promo Update

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