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

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Afterburner1.0
post Feb 28 2021, 09:13 AM

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QUOTE(Human Nature @ Feb 28 2021, 01:59 AM)
Why so?
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Cuts in OPR rates coming in March and I don’t think there’s any co relation between KWSP dividend payout n fd rates ... but do correct me if I’m wrong .... open for discussion
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post Mar 1 2021, 10:45 AM

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Question: If I uplift my eFD from MBSB before the maturity date, how soon will I get back my money in my MBSB savings acc ? Is it almost immediately or need to wait a few days ?
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post Mar 5 2021, 05:53 PM

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QUOTE(??!! @ Mar 5 2021, 02:36 PM)
Mbsb
12/15/18  months  2.4/2.45/2.5% respectively
Monthly interest. Fresh fund. Need treasury approval.
100k n above. Can try with 50k n above
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Which branch ?
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post Mar 8 2021, 12:03 PM

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QUOTE(siawyent @ Mar 8 2021, 10:58 AM)
Stupid Mbsb system down.  Cannot uplift fd or do any transaction. and cannot promise how long it is able to transfer out the fund!!  and this has been since last Wednesday.

Really wonder can a bank stop operation for few days?? mad.gif
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yes i agree its so ineffficient to be down for so many days and without any dateline given on when will it be back online........ someone at the top is to be fired!
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post Mar 8 2021, 02:24 PM

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QUOTE(magika @ Mar 7 2021, 05:23 PM)
Nope. I transfered remainder to SSPN... flex.gif
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how long it takes to witdraw ur money from SSPN? must go to their office or can do it online? any fees inccur when withdraw money?
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post Mar 8 2021, 02:44 PM

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QUOTE(GrumpyNooby @ Mar 8 2021, 02:25 PM)
Can do online within SSPN portal at no cost.
Normal circumstance is per IBG schedule.
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Bank in yes can do via portal.... for withdrawal u sure can???
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post Mar 8 2021, 02:49 PM

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QUOTE(GrumpyNooby @ Mar 8 2021, 02:47 PM)
I'm sure.
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Any limitation of amount? im refering to SSPN-I yah....
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post Mar 12 2021, 12:40 PM

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QUOTE(T231H @ Mar 12 2021, 10:42 AM)
thumbup.gif but if one does not mind about the locking period....

else refer to post 19111,...no lock in period.
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How long need to be lock in in KWSP?
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post Mar 15 2021, 01:30 PM

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looks like no banks are offering anything good in fd rates in march.... highest around plus minus about 2.4%.... (pure FD)
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post May 6 2021, 10:58 AM

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So apa out come today's OPR meeting??? lol maintain? naik? turun? i prediction mostly status quo... as usual.... Bank negara play safe all the time.
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post May 27 2021, 09:38 AM

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QUOTE(Icon01 @ May 26 2021, 09:24 PM)
Has anyone here consider switching your entire FD savings to Versa? https://versa.com.my/

I have been using it for the past 2 months+ and I got to say that I am getting OK returns and the best thing is I can withdraw my money anytime I want. I have performed withdrawal twice and got my money within 2 - 3 biz day.

Only thing it is not PIDM protected and I have doubtful thoughts.
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ur ok returns means??? mind sharing? those new fintech apps should really re-strategised their approach for FD hunters...if they really want faste conversions..... FD hunters dont need withdrawal at anytime..... we want to lock in our funds for a specific period of time.... we got extra CASH! just give us guarantee higher interest rates..... so far anyone know of an app that can do this?

This post has been edited by Afterburner1.0: May 27 2021, 09:39 AM
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post Jun 7 2021, 04:27 PM

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QUOTE(BoomChaCha @ Jun 7 2021, 11:49 AM)
Are we allowed to go to bank to place OTC FD during this MCO 3.0?

If blocked by police, what should we say? Can we say to go to bank?
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just say ur pocket no money alredi.... need to cucuk duit.... confirm ok one..... unless the police want to sponsor ur lunch/ dinner/
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post Jul 16 2021, 12:10 PM

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QUOTE(sweetpea123 @ Jul 15 2021, 11:36 PM)
BR looks pretty interesting. Anyone have RM contact in Bangsar? Can PM me.

Plan to open FD account,  will a lot of questions be asked, like B.Islam? I am afraid that they will 'interrogate' me. tongue.gif
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ur money, ur rights to open an acc.....
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post Aug 11 2021, 11:46 AM

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what doe sit mean effective rate 2.4% ? does it mean averagely we will get 2.4% after 6 mths net net?
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post Sep 9 2021, 11:11 AM

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Young ppl play: Stashaway & Versa & Bitcoin
Old ppl play: FDs, ASMs, SSPNs (prefer zero mgt fees of coz!)

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post Oct 6 2021, 11:05 AM

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QUOTE(??!! @ Oct 5 2021, 12:20 PM)
MBSB

2.4% 12 months
2.5% 18 months
2.55% 24 months

Monthly interest available for deposits more than 12 months
Messaged MBSB if there's any FD promo, the answer is NO.

However, above was offered for renewal (upon request).
According to the manager, the rate is subject to branch and amount of placement.
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Whats the min amount for 2.4% the branch in emira, shah alam said RM100K... what about ur side?
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post Nov 1 2021, 01:24 PM

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QUOTE(michaelchang @ Oct 31 2021, 01:08 PM)
where have savings interest higher than FD? It's usually a scam requiring u to invest in funds.
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Yup, there is none and i dont see why they need to do it by reputable banks....since most reputable banks alredi offer consumers FDs.
those need to invest in funds r not called pure savings acc alredi lar.....
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post Nov 17 2021, 10:46 AM

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QUOTE(babysotong @ Nov 6 2021, 09:42 PM)
Affin Bank
Conventional and Islamic

1 month - 2.10% pa
3 months - 2.40% pa
6 months - 2.45% pa
9 months - 2.50% pa
12 months - 2.55% pa
18 months - 2.60% pa
24 months - 2.60% pa
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For promo above do they allow mthly interest withdrawal?
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post Feb 13 2022, 08:49 AM

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QUOTE(gooroojee @ Feb 12 2022, 08:09 PM)
Btw, I read with interest lengthy debates about how 1 cent is a matter of principle and veterans languish at how some banks limit your deposits to rm250k.

I'm curious if anyone has ventured abroad to deposit elsewhere where the returns are higher? 10 years ago CD rates in New Zealand were 7%... and even today that same rate is accessible in other countries. 😊
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Unless u got an acc there n The exchange rate is not worth it … unless u earn n got loads of US dollars / strong currencies
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post Mar 8 2022, 11:37 AM

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QUOTE(c64 @ Mar 5 2022, 07:17 PM)
Just dump into KDI Save for 1 month lah. This month most banks FD rates not very good. I have moved some cash to KDI Save today.
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Any fees that will be charged for KDI Save that know of?

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