All comments abv validate the point that BNM only make rakyat suffer

but that's the bank who currently gives the best rate in the Market...

give & take boss..

want convenient... eFD... then needed to go for lower rates offered by others bank 

probably not many or none have done FD with the branch bank before???

you're the first person to placed FD there 

one of the "downside" of using non popular @ non top choice banks service

This branch manager even try to tell me you are not right and not fair to the bank because we gave you the profit and hence I can’t do it. Even if I uplift and come back because system will block and this Islamic banking following syariah rules. And say want fresh funds etc. I told them you can’t denote and confirm if my money is fresh. What if I transfer same amount from another bank while I uplift etc etc.

I’m totally lost for words to hear that from a branch manager or supervisor.

But BIMB seriously needs to buck up. The amount of paper and doc to be signed and process is horrendous. Every time.

MBSB is still good and fast. If BIMB given anything less than 4.25%, I rather go somewhere else even at 4.1%….

Ok la. Don’t argue with money … I stay on as long as 0.25% higher 👅

IMO, if you take and include  the no of  months which you burnt when you decided to uplift your existing FD into consideration, the 'final effective' FD rate may be more or less the same as the previous rate or even lower given that the increase of the new rate is not too significant.

quote
"Bro...have you ever open a Savings account in Affin Bank? The documents are like a House S&P thick, and ask question about you for 9 generations of Ancestors. BIMB is nothing by comparison."

Yes. The first question the bank asked is: "Why do you want to put FD in this bank?". How do you answer this question, I wonder. I thought of opening a savings account there and put FD using FPX.

P.S. in the end, I opened a savings n FD account in HLB instead.

Because the previous FD just matured 😁

So don't want waste time & also many so called analyst says OPR maintain.... Why bother to wait longer...

If FD matured, can also think out of the box 

Die2 have to place monies inside FD only meh? 

Can consider ASNB fund now that can buy fixed price ASM units  easily while units available... edit to add: can withdraw out anytime, no maturity period constraint like FDs

the 2 worse bank to put FD 

rate really not competitive at all.... Promo also so so only (if there's any)

PB promo previously how good the rate? 

📣📣📣📣📣
*Latest update*
📣📣📣📣📣

*CIMB PREFERRED FD rate*
*Effective 9 May 2023*
Latest Renewal Fixed Deposit rate as below:-

  *🔹Conventional🔹*
      6 month *3.85%p.a*
    *12month 3.90%p.a*

        *🔹Islamic🔹*
      6 month *3.85%p.a*
      *12month 3.90%p.a*
💰Min deposit *RM10,000*
*🧧Special rate offer for limited time only.Rate change at anytime without prior notice*
_*Terms & conditions apply*_
TIAi

*New Deposit Campaign*

_🗓️Campaign period:_
*_10 May - 13 July 2023_*
TIA-i Campaign rate as below:-
*6m 4.00%p.a*
*12m 4.10%p.a*

Min Amount: RM1,000

⚠️T&C apply

what is the difference between eFd vs FD?

Secondly, is the offer for FD from Bank Islam 4.5%? Worth it to invest?
is there a minimum or maximum among and duration?
Thanks

Today just went to alliance bank  put my FD gold . Thank for the Boo cha cha  information  here ☺️. And got fd gold can get monthly interest . Otherwise  the stuff in alliance bank  look like not gonna tell me have monthly  interest .

Personally
Would prefer higher FD rates given than lucky draw..

Why?
Because from what I see & experience...
Those lucky draw winners always have some kind of "connection" with.... So why bother....

It's all about the money 🤑💰

not so good rate tho 

CIMB even give better rate... and it's one of the worse banks to dump FD

is the rate 4.5% ?

Reminder: Bank Islam not under PIDM protected.

it is under pidm

If other banks do not up their promo rates some more soon, BIMB is gonna remain as an outlier. Might they consider revising their promo rate? Just saying

Any updates from AMbank and MBSB so far on their latest Fd rates? or still the same as per end April? Public bank also suddenly zzzzzz