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

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cclim2011
post Jan 12 2023, 10:28 PM

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QUOTE(woowoo1 @ Jan 12 2023, 02:50 PM)
Pbb pays 6months basis as confirmed by the rep at the counter when I did the 24minths FD. Btw it is a breeze at the counter when doing FD since I already have acct with pbb. It took me only less than 10min to place the FD otc
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ok tq. then the pbb 4.8 is valid and better with 6mth-ly payout.
cclim2011
post Jan 21 2023, 12:46 PM

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updated. removed old rates / promo not sure still valid or not. let me know on any updates ya.
cclim2011
post Jan 21 2023, 01:43 PM

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QUOTE(contestchris @ Jan 21 2023, 01:29 PM)
May I know how does a "Term Investment Account" (TIA) differ from a FD? Why does it offer higher returns?

HLIB website says it is a low-moderate risk investment but doesn't explain what makes it riskier compared to FD.

Are the rates guaranteed?
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no guarantee
no pidm
so far hlb follow the rates
cclim2011
post Jan 25 2023, 09:59 AM

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hi guys, just checking if any of you do multiple fpx from maybank recently? is it still able to do multiple fpx?

thanks
cclim2011
post Jan 25 2023, 02:07 PM

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QUOTE(dannyw @ Jan 25 2023, 01:42 PM)
Yes, as long not reach the daily limit.
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oh i mean multiple times and totalling more than 50k a day (max). If not wrong, I remmebr can do multiple 30k some years back.
cclim2011
post Feb 7 2023, 10:28 AM

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QUOTE(joeblow @ Feb 7 2023, 10:22 AM)
Actually I have invested in TIA before and no issues thus far. 19th Jan also placed one big FD due to the expiry of PB 4.8% and no time then to explore BR one.

Any incidents of CIMB TIA not honouring the agreed rate? The branch manager assured me none so far.
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yes, i placed one (shld be 2019ish) and after 1 week the website published informing the rate will be lowered.
i uplifted immediately.
cclim2011
post Feb 7 2023, 10:47 AM

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QUOTE(jhleo1 @ Feb 7 2023, 10:36 AM)
Why uplifted since you already locked at higher rate than upcoming reduced rate?
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i rememebr the notice says applied to all

This post has been edited by cclim2011: Feb 7 2023, 10:47 AM
cclim2011
post Feb 7 2023, 11:12 AM

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QUOTE(jhleo1 @ Feb 7 2023, 10:50 AM)
Then you shall ask CIMB if upcoming rate increase will you get locked rate be increased too? I wish this really happen since upcoming rates is increasing nowadays Hahaha..... Notice says applied to all but may not apply to those already placed before rate revised unless you double confirm with bank and not simply make your own assumption.
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if not mistaken, the notice said it applies to the tia placed from when to when (past) and future.
no lock lock for tia (inverstment)

cclim2011
post Mar 1 2023, 11:40 AM

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i think a hike by bank negara in march. but no fund liao lol
cclim2011
post Apr 5 2023, 12:35 AM

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QUOTE(aliluya @ Apr 4 2023, 09:09 PM)
been surveying the FD rate recently. wondering is it better to just dump the saving into the Mortgage loan (full flexi loan) which tend to save 4.15% interest much better? my thought is it still have liquidity/flexibility to use it when need it urgently which dont need to wait until maturity.

What's you guys think about this option? gathering the cons if were to do so.
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dump. 4.15 is daily rest. =~4.237 per annum
cclim2011
post Apr 5 2023, 09:12 AM

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QUOTE(sl3ge @ Apr 5 2023, 07:19 AM)
Hi,
Can ask how to get the number 4.237?
I know daily more worth, Coz every day save interest.(like got compound effect)
Just want to know the calculation.
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normally i googled some sites
https://www.calculator.net/compound-interest-calculator.html
cclim2011
post May 4 2023, 08:17 AM

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i feel another 0.25pct next meeting. feel laaaa 😁
cclim2011
post May 11 2023, 10:12 AM

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QUOTE(IceLeo @ May 11 2023, 10:02 AM)
Reminder: Bank Islam not under PIDM protected.
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it is under pidm
cclim2011
post May 11 2023, 02:04 PM

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uplifted cimb online. rentas at qb branch (less than 10min at bank), appeared in bank islam like 10 minutes later. went to bayan baru bank islam and placed fd (already did fd before). less than 15min at bank.

4.5 rate printed.
mature date adjusted from saturday to monday.
not sure if can uplift online next year. (implementation on going).
if cant, officer said come one day after maturity... i asked why cannot on the day... she said the word "pending" will still be there. i recalled i uplifted on the maturity date itself previously though.
cclim2011
post May 11 2023, 02:42 PM

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QUOTE(virtualgay @ May 11 2023, 02:17 PM)
must be a lot of money even 1 day interest also must not waste
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not enough to cover petrol from bank to bank lo
cclim2011
post May 15 2023, 04:55 PM

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if mbsb go 4.6 i will take out my maybank loan at 4.25 🤣
cclim2011
post May 15 2023, 05:18 PM

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QUOTE(CommodoreAmiga @ May 15 2023, 05:13 PM)
New LOWER rates....brows.gif
Later OPR naik 0.5, totally farked...lol
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0.25 la increment one time, ok la.
by then have some other 2.xx fd mature 😂

cclim2011
post May 16 2023, 12:10 PM

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QUOTE(KOEL @ May 16 2023, 10:42 AM)
You apply RHB Visa Infinte credit card and they can offer Quickcash up to RM30K payable over 12 installments with no interest and no processing fee... biggrin.gif

Rec'd my RM30K and put them in EPF...
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ya kah. okok haha
got this freebies from affin (islamic and conventional separtae entities) and uob earlier.
didnt know rhb also got hehe
cclim2011
post May 18 2023, 04:04 PM

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hello. long no update. someone reminded.
didnt follow much coz was pursuing BI only lol. let mr know on any promotion to update.

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cclim2011
post May 18 2023, 11:19 PM

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thanks for the input ya. updated as below.

let's promote bank islam 4.5 haha

none of the cimb officers in the branch knew about this 4.5%

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