Which bank?

There's already a reduction in SRR.
Plus there could be also a potential of another OPR cut by May 2020.
What would you think?

2400/12 which is 200 on average.

The banks not are calculating down to days now.

2400/365 X number of days lapsed

The published profit rate is nett interest rate you'll get upon maturity.

This post has been edited by GrumpyNooby: Mar 28 2020, 01:29 PM

I saw this at their website.

Maybe this could be helpful to you:


https://logon.rhb.com.my/pbw/

There's no 1 play book for all banks.
Do check with the respective bank portal if such service is available.

This is not FD but Conditional High Yield Saving Account.
Details: https://www.alliancebank.com.my/Alliance-Ba...us-Account.aspx

Salute you guys who still go to the branch despite the potential spread risk of COVID-19.

I'll try to avoid places with long queues or waiting time > 15 minutes.

30/4/2020

https://www.pbebank.com/Personal-Banking/Pr...X-Campaign.aspx

This post has been edited by GrumpyNooby: Mar 30 2020, 10:10 PM

No idea.
Please call your branch to inquire.

I'm skeptical as World Bank has cut 2020 GDP forecast from 4.5% to -0.1%

Possibility for OPR hike is to tame inflation; possibly from uncontrolled surging of food price

This post has been edited by GrumpyNooby: Apr 1 2020, 07:30 PM

Extedned to 15/4/2020?

15. To be entitled for the 3 months Step-Up FD as stipulated in Offer 3, the Eligible Customers must fulfill the following Campaign’s prerequisites:
a.) Place Fresh Funds into FD with the minimum FD placement per transaction is RM25,000 and minimum subscription of RM50,000 UT OR minimum RM10,000 FD
placement per transaction and minimum annualised premium payment of RM10,000 Banca RP. Placement amount made in the Eligible Accounts must follow
the ratio as per Offer 3.; AND
b.) Prerequisite of minimum RM10,000 CASA balance in any of the Eligible CASA is required per each FD placement.

16. For Offer 3, the FD will be based on rollover monthly interest or Profit Rate for the 3 months Step-Up Preferential Rate on the first 3 months. Upon maturity, the FD will
automatically be renewed at the 3 months FD prevailing board rate. The WM Participating Products in Offer 3 are subject to change from time to time by the Bank at
its discretion and customers should check with the branch staff on the WM Participating Products listing.

20. For Banca RP products, the eligibility criteria are:
20.1.1. Applications are to be submitted to and received by Manulife Insurance Berhad within the Campaign Period and accepted and/or issued on or before 15 calendar days from campaign end date or the day the stated FD threshold is reached.
20.1.2. Combination of multiple policies of the same policyholder to meet the minimum annualised premium amount as stated will not qualify for this Campaign.

https://www.alliancebank.com.my/Alliance/me...BANNER-01042020

What is in the RP? It is looks like some insurance or annuity plan from Manulife Insurance.
For further detials, please make an appointment at the nearest branch to speak to the bank staff (RM or WP).

This post has been edited by GrumpyNooby: Apr 2 2020, 09:23 PM

Promo link: https://www.cimbclicks.com.my/efd-april20.h...%20April%202020

eFD placement link: https://www.cimbclicks.com.my/fdpromo



This post has been edited by GrumpyNooby: Apr 2 2020, 10:16 PM

Min amount?

Sure, you can uplift it from M2U since it's an eFD.

This post has been edited by GrumpyNooby: Apr 4 2020, 11:05 PM

Dormant account needs to be re-activated at the branch.

If the placement allows source fund from FPX, then you can bypass the need to put the fund into CASA.

This post has been edited by GrumpyNooby: Apr 5 2020, 07:39 PM

Min 5k for non-corporate

Got.

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