Fixed Deposit Rates In Malaysia V. No.15

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

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frozz@holic	Apr 14 2019, 11:40 PM Return to original view \| Post #41
Casual Junior Member 438 posts Joined: May 2008	QUOTE(cybpsych @ Apr 14 2019, 08:19 PM) amount: 5000 placement date: 14 Apr maturity date: 14 Jun tenure: 61 days rate: 3.15% p.a. interst: 5000 x 3.15% x 61 / 365 = 26.32 bank FD calculation does not include both placement & maturity dates ? take example above may i know why is it 61 days and not 62 days ? am i missing something, shouldn't it be 17+31+14 = 62 days EDIT: Nvm found out the answer already. lol This post has been edited by frozz@holic: Apr 14 2019, 11:51 PM
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frozz@holic	Apr 15 2019, 09:18 AM Return to original view \| Post #42
Casual Junior Member 438 posts Joined: May 2008	QUOTE(Deal Hunter @ Apr 15 2019, 02:01 AM) HOW TO COUNT AND COMPUTE NUMBER OF INTEREST BEARING DAYS (IBD) FOR FD For the case mentioned, just count the number of midnites between 14 April and 14 June (not counting midnite at the end of day for 14 June, or start of 14 April). We are not counting the dates. We count the midnites from the day you place to day you take out. Somewhat like adding up the interest for each savings EODB (End of Day Balance - but with the balance fixed) If have spreadsheet, just Maturity Date - Effective Date cells. Thanks I found out already and called the bank to clarify already, yes i have my spreadsheet but have not deposit any FD less than a year (till recently) so got momentarily confuse.
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frozz@holic	May 7 2019, 04:53 PM Return to original view \| Post #43
Casual Junior Member 438 posts Joined: May 2008	haiz... nearest maturing FD is 15-18 June, thought to try MBSB but doubt will get anything remotely near the 4.48% let alone the 4.52% wondering now will affin revise their 4.4% board rate. will call them tmr. » Click to show Spoiler - click again to hide... « QUOTE(BoomChaCha @ May 7 2019, 04:48 PM) Top 10 FD Promo - Updated 7th May 2019 Above 12mths (1) Affin 4.40% for 13 months up to 24 months. Interest paid every 6 months to saving. Min RM 10K. This is board rate -- Updated on 7 May 2019 (2) Affin 4.15% for 12 months. Interest paid on maturity. Min RM 10K. This is board rate (3) Bank Rayat 4.25% for 24 months. This is board rate (4) OCBC 4.10% for 12 mths (5) Bank Rakyat 4.10% for 12 mths. This is board rate. (6) Negotiate with MBSB 4.52%pa RM 50k quarterly interest for 24 months (or 18 months) approved by HQ on 2nd May 2019 (@neil888) Message from kplaw on 7 May 2019: Just placed the 4.65% 24months at Bank Islam kuching. According to the counter the promotion will end on 10/5/19. Below 12mths (1) Bank Islam 4.4% for 6 months. Min RM 5k. Available until 30th June 2019 (2) CIMB 5.00% 3-mths. The deposit earmark for CASA/-i and the FD/FRIA-i placement at Special Rate 5% p.a. for 3 months is at a ratio of 1:3 (3) Bank Islam 4.2% for 3 months Top eFD - Place FD online HLB 4.2% eFD for 6 months. Min RM 10K. Available until 30th June 2019 For more details on bank FD promo, click on spoiler » Click to show Spoiler - click again to hide... « OCBC 4.10% 12-mths. Min RM10K. This rate is applicable to FD, FD-i, Mi FD, Mi FD-i (https://www.ocbc.com.my/personal-banking/accounts/fixed-deposit.html) 3.85% 6-mths. Min RM10K. This rate is applicable to FD, FD-i, Mi FD, Mi FD-i (https://www.ocbc.com.my/personal-banking/accounts/fixed-deposit.html) Bank Islam 4.20% 3 mths. Min RM 5K. End date 30 June 2019 (@Wong Kit yew) (http://www.bankislam.com.my/home/personal-banking/deposit-products/term-deposit-i-tawarruq/tdts-i-promotion-rate/) 4.40% 6 mths. Min RM 5K. End date 30 June 2019 (@Wong Kit yew) (http://www.bankislam.com.my/home/personal-banking/deposit-products/term-deposit-i-tawarruq/tdts-i-promotion-rate/) HLB 4.20% 6-mths. Min RM10K. e-FD. End 30 Jun 2019 (https://www.hlb.com.my/en/personal-banking/promotions/ct-efd-i-promo.html) Footnote - Best effort basis info displayed based on user sharing info. Please check with respective bank for confirmation. Please feel free to update/add/delete. MBSB --- Board Rate (https://www.mbsbbank.com/business_deposit_term_deposit.html) 3.65% 12-mths. Min RM500 Affin Bank --- Board Rate (https://www.affinbank.com.my/General/Rates-Charges/Conventional-Interest-Rate.aspx) 4.15% 12-mths 4.40% 13-mths onwards up to 24 mths Ambank(@szejz123 &TOMEI-R) 12 months no special rate -- New updated -- (@gsc) on 7 May 2019 9 months/6 months 3.9% -- New added -- (@gsc) on 7 May 2019 3 months 3.65% -- New added -- (@gsc) on 7 May 2019 UOB CIMB Bank 5.00% 3-mths. The deposit earmark for CASA/-i and the FD/FRIA-i placement at Special Rate 5% p.a. for 3 months is at a ratio of 1:3 (https://www.cimbbank.com.my/en/personal/press-releases/promotions/general/5-percent-fd-casa-bundle.html) Conventional FD OTC (@szejz123) 3 months 3.8% 6 months 4.0% 12 months 3.9% Islamic FD OTC (@szejz123) 3 months 3.9% 6 months 4.1% 12 months 4.0% Bank Rakyat --- Board Rate (https://www.irakyat.com.my/index.php/personal/savings-deposits/term-deposit-i-account) 3.80% 6-mths. Min RM5K 3.85% 9-mths. Min RM5K 4.10% 12-mths. Min RM5K 4.25% 24-mths. Min RM5K 4.50% 60-mths. Min RM5K HSBC 4.00% 6-mths. in: RM10K. Max fresh fund RM100K. For new/existing HSBC Advance Customers Only. End date 31/12/2019 (https://sp.hsbc.com.my/tmd-adv) MayBank Bank Muamalat ---Board Rate (https://www.muamalat.com.my/deposit-rates.html) 3.80% 12-mths. Public Bank 3.80% 3-mths. Min RM10K. (https://www.pbebank.com/pdf/Promotions/tc_fdtdi-010419-eng.aspx) 4.00% 6-mths. Min RM10K. (https://www.pbebank.com/pdf/Promotions/tc_fdtdi-010419-eng.aspx) [attachmentid=10240419] Thanks for the update info This post has been edited by frozz@holic: May 7 2019, 04:56 PM
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frozz@holic	Jul 4 2019, 05:25 PM Return to original view \| Post #44
Casual Junior Member 438 posts Joined: May 2008	QUOTE(gchowyh @ Jul 4 2019, 03:01 PM) » Click to show Spoiler - click again to hide... « For Affin, I always try to make the FD auto-uplift as many times the amount is manageable at about RM50k where I can just instant transfer to the next promo, if is not in Affin. So i never experienced the extra interest unfortunately. You're lucky service is good over in Penang. I so far been to 3 outlets in Klang Valley and all are not good. There was a time I even highlighted to them how come only 1.5 counters opened when there are like 10 customers waiting in queue? They say nothing much they can do. The 0.5 counter is because most of the time that counter is not calling numbers and there is even someone sitting on the 3rd counter and not calling numbers at all. So I really hope by 31 July there would be some other promo elsewhere which is when another FD is due. Mind sharing the branches ? pm me is fine too thanks. the one i went before Affin kemuning is as slow as you can imagine, even slower than slow king BI QUOTE(okuribito @ Jul 4 2019, 03:21 PM) The branch i go to only has 2 staff attending to customer transactions & this is a double shoplot "big" branch - uneffingbelievable huh? I noticed that for new FD customer, one staff will tend to the filling in of forms etc & after that is done, the customer has to go to the other staff to make the deposit. Seriously had this too when I did FD & renew at BI, much different compared to Ambank or RHB where everything is computerize and streamline. I have one Ambank maturing next week and affin interests me, hope it wont be that slow on that day.
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frozz@holic	Jul 10 2019, 09:52 PM Return to original view \| Post #45
Casual Junior Member 438 posts Joined: May 2008	hope affin FD 4.23% validity will last till next week tuesday
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frozz@holic	Jul 12 2019, 02:49 PM Return to original view \| Post #46
Casual Junior Member 438 posts Joined: May 2008	QUOTE(gchowyh @ Jul 12 2019, 12:27 PM) » Click to show Spoiler - click again to hide... « Is either some affin branches are misinformed or lots of fake news going around. Just did another placement for 4.23% also and this time very fast, first in queue This is islamic FD and you went to affin islamic hence the RM1000 into CASA condition. If i am not mistaken someone mentioned if you were to go to a mixed branch, there is no the RM 1000 condition.
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frozz@holic	Jul 15 2019, 02:07 PM Return to original view \| Post #47
Casual Junior Member 438 posts Joined: May 2008	Anyone know does affin have BSA with the online banking ability ? (via virtual atm card or other method)
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frozz@holic	Jul 17 2019, 01:45 PM Return to original view \| Post #48
Casual Junior Member 438 posts Joined: May 2008	did FD at Affin 4.23% @15mths this morning both bank side by side yet have to spend RM2.65 for bank cheque from Ambank. Mixed branch yet staff insist have to put RM1k in SA (earmark 3 months) & must be Islamic SA made noise to BM, gave green light no need 1k and I choose conventional BSA with online banking. This post has been edited by frozz@holic: Jul 17 2019, 01:45 PM
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frozz@holic	Jul 17 2019, 05:51 PM Return to original view \| Post #49
Casual Junior Member 438 posts Joined: May 2008	QUOTE(joeblow @ Jul 17 2019, 03:03 PM) Eg my case, I was told starting in June or July Bank Negara has advised banks to follow strictly the rule that Islamic products' return must be credited to an Islamic saving account. Thus I was required to open a new Islamic saving account for this 4.23% promotion and cannot use conventional saving account. Strangely Affin will charge 10 ringgit for joint name saving account. I have not heard of this till now, it's a pretty stupid rule ... though no difference (maybe minute difference) I prefer conventional SA. My previous islamic FD at ambank has no problem going into conventional SA. I do agree though the staff & Seniors all insist hard have to go islamic SA, hence why i see the BM. I gave reasons 'other affin branch & other banks accept without any problems, why yours can't ?'.
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frozz@holic	Oct 22 2019, 04:26 PM Return to original view \| Post #50
Casual Junior Member 438 posts Joined: May 2008	QUOTE(Hansel @ Oct 22 2019, 01:18 PM) Tq. I'm thinking of transferring back my USDs into Msia to put into USD FDs. USD FD Rates in Msia are good. When I need to use this USDs later, I will transfer a required amt out again. But I read there are problems when transferring-in,... and then how abt when needing to send out again later ? Any experiences here please ? sorry may i know what are the current rates for Foreign currency USD FD rate ? @6m & 12m Thanks. This post has been edited by frozz@holic: Oct 22 2019, 04:27 PM
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frozz@holic	Nov 28 2019, 10:34 AM Return to original view \| Post #51
Casual Junior Member 438 posts Joined: May 2008	RHB 3.9% @ 9 or 12 mths, pure UOB 3.85% @ 9mths Ambank 3.95% @ 6mths, condition CIMB 3.85% @ 6mths HL 3.9% @ 6mths Affin 3.9% @ 12 mths Mbsb 4.25% @ 6mths, bundle got 1 maturing next week. Park for myself and others too.
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frozz@holic	Nov 29 2019, 09:55 AM Return to original view \| Post #52
Casual Junior Member 438 posts Joined: May 2008	QUOTE(Vickyle @ Nov 28 2019, 10:50 PM) Is SSPN's interest rate 4% not as attractive? Not pure FD? in short not FD. I apply the KISS principle for FD, also not good to put all eggs in a basket. that said I apply/divide certain amount to FD, funds, shares, etc ....
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frozz@holic	Dec 15 2019, 06:48 PM Return to original view \| Post #53
Casual Junior Member 438 posts Joined: May 2008	Alliance Bank 3.95% 12 months fresh fund OTC. CIMB 3.85% e-FD promo link, not OTC OCBC 3.88%@12mth, pure FD HLB eFD 3.9% 6 months has been extended to 31 Dec 2019 RHB 3.90 @ 9,12 mths OTC UOB 3.85% for 9 mth pure FD Ambank 3.95% @ 6mths, condition Parking. 1 matures tmr at BI. 6 mths pure wise currently the best is HLB ? Any updated promos ? (will also go survey tmr) This post has been edited by frozz@holic: Dec 15 2019, 06:48 PM
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frozz@holic	Dec 16 2019, 11:24 PM Return to original view \| Post #54
Casual Junior Member 438 posts Joined: May 2008	QUOTE(michaelangelo @ Dec 16 2019, 09:54 PM) hlbank fpx got problem..when i put FD get this error This page isn’t workings.hongleongconnect.my is currently unable to handle this request. HTTP ERROR 500 but the money already deducted...sigh..FPX really sux.. happens to me too difference is mine no premature deduction just errors fpx to HLB through RHB failed 3 times different errors before success on the 4th try. the system really need to buck up both HLB & RHB This post has been edited by frozz@holic: Dec 16 2019, 11:25 PM
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frozz@holic	Dec 23 2019, 04:45 PM Return to original view \| Post #55
Casual Junior Member 438 posts Joined: May 2008	» Click to show Spoiler - click again to hide... « QUOTE(kart @ Dec 22 2019, 07:59 AM) Many of us have either CIMB Singapore FastSaver Savings Account, and/or Maybank Singapore iSavvy Savings Account, even though we did not travel to Singapore for account opening. Plus, we re not working in Singapore at all. https://forum.lowyat.net/topic/1440794/ Please look at the thread of Opening a Bank Account in Singapore, and post your questions in that thread instead. It is not encouraged to open a foreign currency fixed deposit account, in Malaysian bank. Refer to https://forum.lowyat.net/topic/512136 On this matter, do you or does anyone know any thread exist in lowyat on discussion about foreign currency FD in foreign country ? (in that country's POV would be local currency in local FD)
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frozz@holic	Jun 19 2020, 11:53 AM Return to original view \| IPv6 \| Post #56
Casual Junior Member 438 posts Joined: May 2008	parking for later usage 3.00% 11m Bank rakyat 2.65% 6m Ambank (FPX) 2.88% 12m Affin (have to maintain CASA) 2.80% 12m RHB (FPX) what's MBSB latest rate now ? (for N.T.B. walk-in)
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frozz@holic	Jul 7 2020, 03:11 PM Return to original view \| IPv6 \| Post #57
Casual Junior Member 438 posts Joined: May 2008	OPR cut 25p This post has been edited by frozz@holic: Jul 7 2020, 03:12 PM
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frozz@holic	Jul 23 2020, 01:45 PM Return to original view \| IPv6 \| Post #58
Casual Junior Member 438 posts Joined: May 2008	QUOTE(XweienX @ Jul 23 2020, 01:18 PM) Sorry ah I tried to go back a few pages but couldn't find. Remember there was a guy that compiled the latest rates into a beautiful beautiful website, anyone remembers what website is it? you know the search bar at the bottom works wonder bro/sis. Anyway see spoiler (all credit to that person) » Click to show Spoiler - click again to hide... « QUOTE(avdnowhere @ Jul 15 2020, 09:28 AM) Dear guys, sorry for out of topic. I am launching a new site to show the latest FD rates in Malaysia. I get the source from this thread and other sites. Feel free to comment anything to improve the site. MyFDRates.com Thanks.
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frozz@holic	Oct 1 2020, 12:36 PM Return to original view \| IPv6 \| Post #59
Casual Junior Member 438 posts Joined: May 2008	QUOTE(GrumpyNooby @ Oct 1 2020, 07:43 AM) Affin 2.45% pa for 12m is now available at Affin Online (eFD) and what is their one time max limit or do they have any ? from SA to FD same bank
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frozz@holic	Oct 1 2020, 01:29 PM Return to original view \| IPv6 \| Post #60
Casual Junior Member 438 posts Joined: May 2008	QUOTE(GrumpyNooby @ Oct 1 2020, 12:37 PM) RM 200k per placement; no need fresh fund. T&C is just 1 post above your post. yes I notice it after posting real sorry bout that parking for later references. RHB 2.45% 6 mth 2.35% CIMB 2.45% Affin 2.45% hope it goes higher in 2 weeks time.
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