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

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BWassup
post Nov 27 2023, 06:21 PM

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QUOTE(joice11 @ Nov 27 2023, 05:41 PM)
yes, i apply at am bank. I deposit rm350K and auto upgrade to priority customer. After reject by HQ, my RM say need at least RM1m to get the credit card (without financial doc) i wonder why each branch having different requirement even on cc
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That's too bad sad.gif . Nowadays a credit card is not very difficult to obtain, so wonder why AmBank has set the bar so high. To me if you have RM350k, just give the card la. It brings in more merchant fee business for the bank.


BWassup
post Dec 2 2023, 10:08 AM

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QUOTE(bbgoat @ Dec 2 2023, 08:40 AM)
Looks like maybe by 5th Dec as mine done on end Oct, if I interpret the 5 weeks correctly. Ha ha!

Anyway, lets see 3 days away.
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Last 2 months we got the interest 20+ days after the previous month end. October already received by most as reported in this forum. Ambank not paying everyone on the same date kah? hmm.gif

This post has been edited by BWassup: Dec 2 2023, 10:12 AM
BWassup
post Dec 4 2023, 12:24 PM

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QUOTE(paramdav @ Dec 4 2023, 12:03 PM)
Hi All

Anyone facing issues with the push notification from MBSB bank app since they updated to a new version
It a real pain in the as* app. The worst I have ever seen
I have set the permission for receiving notification from the app yet it does not sent and lock out my login after 3 attempts

Any face the same issue ?
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I had a problem with my limit as it reverted to the low default limit.

Have you checked all you settings to ensure that whatever you selected previously remained intact after the upgrade?
BWassup
post Dec 7 2023, 04:57 PM

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QUOTE(download88 @ Dec 7 2023, 11:45 AM)
Seems like mbsb efd no longer giving 4.25% during latest renewal. It changed to 3.2% for 6 months
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Think they were unaware of the loophole last time. Now unfortunately reprogrammed to close the loophole shocking.gif
BWassup
post Dec 8 2023, 03:55 PM

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QUOTE(CommodoreAmiga @ Dec 8 2023, 03:25 PM)
No reason to put over the counter unless the rates is really good and better than the market. Like the previous MBSB and Bank Islam offer. Suddenly, there are more Chinese at Bank Islam counter than Malays...no kidding. World is Ending.... laugh.gif
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AmBank, MBSB, BIMB are the usual ones giving good promo rates regularly. Unfortunately they require OTC for those rates laugh.gif


BWassup
post Dec 8 2023, 03:58 PM

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QUOTE(jananan @ Dec 8 2023, 03:39 PM)
Versa cash and cash+i promo rate 4.3% just ended now it's 4.0%
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Easing the pressure on Rize.

Hope KDI Save isn't gonna reduce their rates as well


BWassup
post Dec 8 2023, 05:48 PM

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QUOTE(jananan @ Dec 8 2023, 04:45 PM)
Rize only first 5K right go get 5% the remainder still at 4 ?
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Yup
BWassup
post Dec 8 2023, 07:06 PM

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QUOTE(voc8888 @ Dec 8 2023, 06:25 PM)
Not all bank is able to do this I presumed. The only few banks that I know that are able to do this are MBSB and Bank Muamalat if not mistaken.
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Deleted

This post has been edited by BWassup: Dec 8 2023, 07:37 PM
BWassup
post Dec 12 2023, 09:46 PM

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QUOTE(CommodoreAmiga @ Dec 12 2023, 08:46 PM)
If you have a bank account, when you login to your mobile app or web portal, you should be able to see your saving account and balance. Do you see this?
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deleted

This post has been edited by BWassup: Dec 12 2023, 09:46 PM
BWassup
post Dec 14 2023, 10:56 AM

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QUOTE(joice11 @ Dec 14 2023, 10:40 AM)
yes, never bother to check before cause open saving just to put FD. and never received any notice about the dormancy.

today finally can withdraw the fd to saving then duit now to public bank. but only rm5k, due to exceed limit. so i change the limit then again kena cooling period for 12 hours.  bangwall.gif
This MBSB really kia si. Imagine if some one urgently need money then  cry.gif
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Ahdoi sad.gif

Was mentioned in an earlier post can do transfer at ATM up to 50k a day, in addition to online transfer.
BWassup
post Dec 20 2023, 07:25 PM

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QUOTE(gamenoob @ Dec 20 2023, 02:44 PM)
Yes, pls share share outcome.
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And whether 12 months FD can get monthly interest? hmm.gif Thanks
BWassup
post Dec 21 2023, 06:02 PM

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QUOTE(joeblow @ Dec 21 2023, 05:29 PM)
Thanks for info. Do you know how MBSB deal with FD maturity on Sat or Sun or PH? Will the FD date automatically move to the next working day? ie if 8th Feb 2025 matures on a Saturday will the FD straight away to go 10th Feb maturity? Or you will burn the weekend interest?
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I had a MBSB FD maturing last month on a Saturday.

They auto-extended the FD until the next working day i.e. Monday, and an additional 2 days interest was paid.

However, my FD was a very old one. Someone here informed that current FD do not mature on a non-working day anymore.

This post has been edited by BWassup: Dec 21 2023, 06:35 PM
BWassup
post Dec 21 2023, 09:54 PM

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QUOTE(cclim2011 @ Dec 21 2023, 09:04 PM)
back in action ? few weeks ago Bayan Lepas branch inform me no more.
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MBSB has much higher rates than BIMb tho thumbsup.gif
BWassup
post Dec 21 2023, 10:11 PM

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QUOTE(cclim2011 @ Dec 21 2023, 10:08 PM)
Super far. haha.
And they dont adjust for weekends, i normally can do banks on Fridays only so mature on weekends

max online transfer is 30k a day. susah.
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Yeah 30k is a pain. Since you cant get to the ATM easily to have add-on transfer limit.

Sorry, you mean MBSB or BIMB doesn't adjust for weekends? MBSB does
BWassup
post Dec 21 2023, 10:19 PM

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QUOTE(cclim2011 @ Dec 21 2023, 10:14 PM)
oh then that sounds better. thanks for the correction.

someone above saying mbsb dont adjust for something, may be the primewin
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Not to worry. MBSB will auto-extend to the next working day, and pay the additional day/s interest at the same FD rate. thumbsup.gif


BWassup
post Dec 25 2023, 05:29 PM

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This post has been edited by BWassup: Dec 27 2023, 10:47 PM
BWassup
post Jan 1 2024, 05:39 PM

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QUOTE(guy3288 @ Jan 1 2024, 12:31 PM)
i thought i was the only one affected.............emailed them few times also  like dont bother..... ranting.gif  ranting.gif
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I also haven't got my bonus interest for November.

"Bonus rate will be
credited on monthly
basis to TRUE
Savers
Accountholder’s
TRUE/TRUE SA-i
within five (5) weeks
after the end of
every transaction
month ."
BWassup
post Jan 3 2024, 05:30 PM

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QUOTE(guy3288 @ Jan 3 2024, 02:02 PM)
You got Bonus for  Sept and October? Can share what is the description for it?

I started on 19.10.2023 achieved RM100k in Am True Savers account on 23.10.23
done  deposit  RM3000 on 27.10.23, and again 16.11.23, swiped  cc many times, made payments

until now never received even 1 Bonus interest.

Only received 1st Base interest 31.10.23 RM23.28, 2nd Base int 30.11.23 RM61.69 and 3rd Base 31.12.23 int RM63.98

Base interest , Rm100k x 0.75% 30D =RM61.64, 31D = RM63.69

Bonus interest@1.75% for RM100k max,  should be RM143.84 - RM148.63.
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21 Oct & 24 Nov, both description "CREDIT TRANSFER". I checked the calculation with 1.75% interest rate, it is correct.

Very strange they didn't pay your bonus interest. Is your credit card linked to your Truesaver account, and the total retail spending exceeds RM1,000?

But November bonus not in yet as of 2 Jan

This post has been edited by BWassup: Jan 3 2024, 05:31 PM
BWassup
post Jan 3 2024, 10:55 PM

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QUOTE(guy3288 @ Jan 3 2024, 10:18 PM)
my Amlogin can see 2 Amb saving accounts and all credit cards..
should be considered linked kot,,, how do you  check it is linked to which saving Acc?
i got  8 Am True visa cc, monthly RM8000.
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Sorry, ignore the link theory. That's only for debit cards.

If truesavers account and credit card account are the same holder, can't think of reason why no bonus interest.

Gotta ask AmBank to check liao.
BWassup
post Jan 4 2024, 02:45 PM

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QUOTE(cclim2011 @ Jan 4 2024, 02:29 PM)
bonus is in. only my conventional gets it. my islamic doesnt get it (lower amount) haha.

conventional fd combo due in May. so ok laaa i think the islamic one can get bonus from May/June to Nov
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Thanks for the feedback. So Ambank is smart enough to pay bonus interest on only 1 Truesavers account.

I also got my bonus interest for November today. Looks more or less correct thumbsup.gif

This post has been edited by BWassup: Jan 4 2024, 02:52 PM

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