Clearly stated there online
Until 8 May 2025
https://www.ambank.com.my/promotions/eFD-eTDi

It is to be placed online, not sure till when

BEU higher. ...lol

quick question.

can you withdraw the FD on its maturity date? Or need wait the day after

i wait till it transfer to saving. But i know ambank - auto renew. So i wait till it renew, then i cancel the fd

PBB quite low

https://www.pbebank.com/media/4hbpmf4z/tc_pb-efdfpx-en.pdf

3-Month 3.60
6-Month 3.70
9-Month 3.50
12-Month 3.55

OPR going down soon? next meeting 8 May

https://www.bernama.com/en/region/news.php?id=2416191

Seems like July 9 meeting as per CIMB analyst saying....

For the banks I use, can do same day withdrawal (all done online)

Rhb
Ambank
BeU under bank islam
HLB
maybank

MBSB is currently 4% for 12 months? Or rate gone down to 3.9%?

I did the FD last week at the shah alam branch it's still 4%
But if you are renewing the fd need to add min 1K to enjoy the 4% rate else it 3.85%
as informed by the bank person

Hi all, need confirmation on below

Muamalat 12 mth 3.98% but need to apply for credit card ?

Bank Islam 12 mth 4%, any SA tie up of say 10k ?

Thanks !

By the way not looking at MBSB for now.

This post has been edited by bbgoat: Apr 28 2025, 10:48 AM

use bimb app(bank islam app) to place FD but through FPX.
12months 4percent. no tie up.
if 250,000rm u places, can get premier wealth status and get sapphire debit card. sapphire debit card no fee and can enter lounge world wide o. good debit card.


got 4.1percent 12month. but need to place at counter. No PIDM for this o.


Attached thumbnail(s)

U mean the TDT Advance campaign of BI ? It does not say placement thru' FPX. Please clarify.

I scan thru' the TDT Advance TnC, did not mention of the 10k tie up, maybe that is for BI's old campaign ?

https://www.bankislam.com/wp-content/upload...TDT-Advance.pdf

The 4.1% one is for investment acct, not FD.

Hi all, just want to re-confirm something that must have been discussed here before. It's regarding taxability of interest income from FD...

As far as I can remember, FD interest is not taxable for individuals (ie excluding folks running a business & their business funds are put into FD - for them imho their interest income are taxable)

I remember tracking down the LHDN or Income Tax Act that exempts interest earned by individuals BUT I dunno where I saved it in my HDD.

Fortunately I found an article in i-money (https://www.imoney.my/articles/income-tax-guide-malaysia/what-is-a-tax-exemption) that says the exemption has been in place since 30 Aug 2008... but it does not reference to any LHDN document

So, I wonder if anyone has a link to any LHDN document that says the exemption has been in place since 30 Aug 2008? Thnaks

PS:

1) I've also seen statements that say there is a rm100k limit for exemption... is the 100k on the principal or 100k on interest? Again, would appreciate link to an LHDN document.

2) I've decided not to start a new thread because I think better to ask a targeted / involved audience here... if y'all dunno, who else might know, right?

This post has been edited by okuribito: Apr 28 2025, 06:45 PM

https://www.hasil.gov.my/media/vvglk3ad/exp...es_be2024_2.pdf
FD interest should be under B3

Or you can ask in related thread https://forum.lowyat.net/topic/3621012/+10660 for income tax issue, maybe can get helpful answer

This post has been edited by alex_00787: Apr 28 2025, 11:48 PM

thx alex, that's a good official source.... and no limit either

Is there any daily limit on withdrawing funds to another bank upon FD maturity at BEU?

OK, called BI branch mgr. This promo no need 10k tie up in SA. Must have mixed this up with other promo.

Great, so can just place it there. Muamalat 4% need applying credit card. Kind of troublesome.

As mentioned, not considering MBSB for now, not all eggs in one basket !

This post has been edited by bbgoat: Apr 29 2025, 09:57 AM

Hi guys, so whats the best rate for OTC FD and eFD now?

Ambank 3.85 12m ?