Yes, you can't.

You need to do FPX from other banks.

I don't think promo rate can be negotiated further even with the amount more than that.

Only available at Bangsar branch and for 2 days only.
Somemore, needs to be new customer.

This post has been edited by cherroy: Feb 22 2018, 10:29 AM

5% of the FD amount needs to be earmarked in CASA for 6 months, not attractive.

KLIBOR is a structured investment,
Generally,
You get the published interest rate when 3 months KLIBOR stay within the range.
While if stay out of range (typically due to BNM rate hike), you may get zero interest rate.

Please create a new topic if wish to discuss on it, as this topic solely is about FD only.
Thank you.

This post has been edited by cherroy: Mar 10 2018, 12:13 PM

Please do not post incorrect info.

Individual's FD bank interest and all deposit with licensed banks in Malaysia are tax exempted disregard the amount.

While for company and corporate, FD/deposit interest are taxed at respective corporate rate.

Yes.
1 mil flat interest 4.3% = 43000

If monthly interest being put in saving that earn 3.6%., you ended up with 43,7xx.

The 4.35% promo is OTC.

Please be reminded this is FD thread.

For saving account, debit card charges, please post at here
https://forum.lowyat.net/topic/4444129/+40

Thank you.

Banks seldom got promo for 1 month.

Please post at the loan vs FD thread, for such discussion. https://forum.lowyat.net/topic/4603917/+40

Thank you.

You won't make any money by taking a loan and put in FD.
Banks are not charity organisation, they earn ten of billions every year has its reason.

I guess there is some mess up in between.

I can see the 4.37% promo in the online banking as well when clicking "apply" for new placement.

But my RM told me, it should be available for first/new online users.

LOL so much the "digitalize" effort.

LOL, instant billionaire after placing eFD...

Based on the "Pre-day" tnc that posted by forumers, supposely one only.
But we have forumers posted they managed to place 2.

While for 7.7.18, max per placement is Rm30K (FPX limit), but it doesn't specific how many placement one can make.
But mostly, banks impose 30K as limit per day for FPX.

Many banks are starting changing premature withdrawal clause by next year, please check with your respective banks to know more about it.

Many banks are starting the policy of paying no interest on premature withdrawal on FD.
Currently premature withdrawal is still entitled at least 50% of the interest if the FD is more than 3 months.

Today, can't see the HLeFD 4.37% promo already.

8/7~13/7, rate only 4.17%, so not that attractive anymore.

Don't think it will be so fast reaching quota one, due to 30K FPX limit.

Also, tomorrow is Saturday and is an off banking day.

The possibility of rate hike after today meeting is remote.

Inflation figure has died down due to removing GST.
Economy face headwind of trade war.

So, it is almost no reason for BNM to raise rate for time being.