Decided to withdraw early Term deposit I account after so many misses. Guess what!! Error again! Can't withdraw. Now awaiting CS to get back to me 🤦 Safer to do OTC at BI

I was trying to double confirm that Be U is protected by PIDM but surprisingly I couldn’t find Be U on PIDM website.

If yes, the limit is same with Bank Islam or separately count?

I mean when I browse PIDM website, I don’t see BeU on the list, only Bank Islam. And is the 250k protection applicable for each BI & BeU or jointly?

hi everyone.

just wanted to share. starting september, the 12-month 4% rate will no longer be available via branches. however it will still be available via the Be U app, until 31/12 (or once we hit allocated cap, kinda like GX)

can refer for details for the campaign: https://getbeu.com/campaigns/BeU-TermDeposit-i-Extra



feel free to DM for more info on TD, or any other general feedback (ie. things to improve, wishlist) about the app.

thanks!

p/s: i work at Be U.

term deposit, by it's very definition, is about locking the deposits for a fixed amount of time.

if i understand you correctly though, what customers essentially want is a combination of good rates + liquidity. i can agree to that statement.

in any case though, i appreciate the feedback. thanks for that. i will take it up to our product team, see if there's anything we can do to improve/build in the future.

Can reader please enlighten on some practical questions.

2) Is there any website where you can find promo FD rates other than in this LYN forum?

BI and BR both charging 50 cents >5k

Transfer from BI to BeU limit is 30K per day. Even though both acc under same name, they are considered third party transfers. You can set/see the limits in your BI settings. The have the intention to link Beu to BI at a later date, I was told.
The funny thing is you can access Beu at their ATM, deposit/withdraw is possible without atm card or debit card. I have tried deposit but withdraw haven't tried yet.
The even funnier thing is at the BI counter, they cannot see/access Beu accounts.

just a heads up. the Be U 4% TDT Extra campaign might be ending soon sebab we're nearing our limit edy.

those interested best to invest early.

Guys, are these FD ? Can someone help explain, TQ


https://ringgitplus.com/en/blog/fixed-depos...n-malaysia.html

Can share 4.75% next door is which bank?