I would like to learn from you if there's any investment which is AS LIQUID AND AS SECURED as FD that gives more than 4.2% p.a. ? Sometimes more than 5% p.a in the case SCB's Ipad mini deal ?
I repeat ... as liquid and as secured as FD.
Please don't tell me no risk no gain, I knew it since primary school.

Great sharing.
I'll share the link at Dr Card thread too.

No, Your investment in ASNB fund is not fixed price fund and capital not guaranteed. It will rugi if the price drop below your initial purchased price.

No, don't wait. Place it now.
Example, if you place 4.30% now, the effective rate is equivalent to you holding the fund 25 days without interest and place it on 20 Jan 2018 @ 4.50%

This post has been edited by aeiou228: Dec 26 2017, 01:50 AM

CIMB's Save And Get campaign free gifts sudah mari.



If your checking account has OD facility, your IBG timing can be extended till 4.59pm, the IBGed fund will cover up your OD before 11pm within the same day. No OD interest charge.

Ah SiAnG, no plan to create FD 2018 thread ?

Your RM13,580 total interest is flat rate loan calculation similar to that of hire purchase loan. If yes, you rugi kaw kaw if you put 70k into FD 4.30%
But if 3.88% is monthly rest rate, then yes, you will gain 4.30%-3.88% = 0.42% spread every month on your monthly reducing outstanding loan balance ( not on the entire 70k as you thought though). But the catch is....you are not guaranteed that FD rate is always higher than 3.88% in the next 5 years.

Mbb will make deduction from your principal amount on premature withdrawal.

If you put FD now @ 4.3%, you will get about the same effective yield compare to you wait 2 weeks time and put FD @ 4.5%. Provided that you can secure a 4.5% rate in 2 weeks time. Anything longer than 2 weeks time, your effective return will be lower than 4.3% FD placed today.

This post has been edited by aeiou228: Jan 30 2018, 11:55 AM

Yesterday, withdraw FD from Affin, officer tried to retain the fund by quoting 4.5% coming soon but still pending confirmation from HQ.
Please take this infor with a pinch of salt, I'm not sure how true it is and I don't want to wait.

Best quickest way to a new bank ? Banker's chq or cash.

This post has been edited by aeiou228: Feb 23 2018, 05:13 PM

If you don't mind, can you share the picture of FD receipt printed with 4.5% rate ? I want to nego with OCBC Manager. Thanks.

Mi stand for ?

Damn, just placed last week and unaware of it.

I'm existing Premier customer. Just last week I placed the FD @ 4.38%, today place again, still 4.38%. My RM has no clue whatsoever on the 4.5% when asked. Thanks bbgoat for the heads up, successful opened MI FD account for monthly interest crediting. Also opened a BSA account with out fee and without debit card for monthly FD interest crediting.

By the way, if you guys looking for parking temporary fund 100k and above with 3.5% interest, go for Alliance Saveplus account. Can open the account online, can withdraw any time, no annual fee, no transaction fee, free debit card and last but not least, Free RM40 Petronas gift card.

This post has been edited by aeiou228: Mar 1 2018, 03:38 PM

Ops ! I've missed out an important info. Go for the Islamic Saveplus account and get 3.55% instead of 3.50% on conventional Saveplus account.
This info is not published in the Alliance's web portal.
https://www.alliancebank.com.my/banking/per...us-account.aspx

Wow, even better than Alliance for the 50k and up. Any free stuff?

The TnC for the Ambank 4.4% FD is for renewal only with minimum deposit amount RM50k. If renewal amount exceeded 50k, no need to top up. (Last day today.)
Yours is fresh fund, the promo rate for fresh fund is 4.35%. The ABM and BM didn't explain the TnC to you?

What's the threshold ? Any source ?

You are right. Typo error, thanks for the correction.

A million placement? A lot of forumers here kena tax wor ?

If you u don't have chq book, IBFT out from Bank A to Bank B then withdraw by banker's chq from Bank B and bring back the chq to Bank A as fresh fund. Can be done within same day, no need to wait half a month.
You do have to take into consideration the time and traveling cost plying between Bank A and Bank B is worth the effort or not.