Affin 2.45% pa for 12m is now available at Affin Online (eFD)

Affin updated the eFD campaign:



Promotion Rate:
5 months @ 2.35%
9 months @ 2.38%
12 months @ 2.45%

Promotion Period:
1 October to 15 October 2020

Minimum Placement Amount For Each Certificate RM10,000
Maximum Placement Amount For Each Certificate RM200,000

Click here for full Terms and Conditions.
https://www.affinonline.com/AFFINONLINE/med...paignTnCEng.pdf

Terms and Conditions apply.

RM 200k per placement; no need fresh fund.

T&C is just 1 post above your post.

This post has been edited by GrumpyNooby: Oct 1 2020, 12:38 PM

2% for PB e-FD (with FPX).

Yes. eFD via FPX.

Yes. Limited by FPX:

3.4 The maximum deposit amount per FPX transaction is RM30,000 or the Eligible Participant’s individual Internet Banking Limit maintained with the respective bank, whichever is lower.

With 1mil cash, you should be able to nego for better rates over the counter.

2.25% for 12m is similar to last month previous campaign right?

Anything lower risk than fixed income fund is money market fund and FD.

It's just term deposit for Islamic banking arm.
No necessary means that only Muslim can open such account.

UOB OTC placement can be uplifted online at UOB PIB.

[SHARING]Are you using fixed deposits properly?



Article link: https://www.stashaway.my/r/using-fixed-depo...DlHUcKsMux99h6o

Terms and conditions apply.
1. Fresh funds required. Fresh funds are defined as funds from a third party bank which means any licensed bank in Malaysia, other than OCBC Bank and OCBC Al-Amin, which are deposited or transferred into an Eligible Customer’s account with OCBC Bank or OCBC Al-Amin, not more than 7 days from the date of participation in this Promotion.
2. Placement of the Fixed Deposit/-i under this Premier Deal shall be made one month from the application for OCBC Premier Banking membership and is valid for a one-time placement only.
3. The interest/profit payment will be credited monthly into your Premier Booster Account/-i. You will therefore need to have an active Premier Booster Account/-i for as long as you maintain theFixed Deposit/-i placement.
4. The funds deposited into the Premier Booster Account/-i will be earmarked for the duration of the Fixed Deposit/-i tenure, i.e. 3 months from the Fixed Deposit/-i placement date. The earmarking shall automatically cease upon maturity of the 3-month Fixed Deposit/-i tenure, or upon withdrawal of the Fixed Deposit/-i placement.
5. The minimum balance of RM20 must be maintained in the account..

https://www.ocbc.com.my/personal-banking/pr...tion/index.html

It is still higher than board rate right?

https://www.hlb.com.my/en/personal-banking/...ed-deposit.html

LOL ... "Back by popular demand!" ...

#SaveMoneyWithHann: Saving Smart While Interest Rates (and OPR) Are Low



It’s been a while since I’ve posted, but it’s been a busy time here at RinggitPlus. We’ve got a few really exciting things going on, namely the launch of myRinggitHealth as well as our annual RinggitPlus Malaysian Financial Literacy Survey 2020 (if you haven’t done the survey, please do so. It will help us get a sense of how things are going financially with Malaysians, this is especially important this year!)

In recent weeks, I’ve been asked this important question in various forms, which is “Hey Hann, now that BNM’s OPR is so low (1.75% at the time of writing), how should I best save my money? Are fixed deposit (FD) accounts still good?”

https://ringgitplus.com/en/blog/save-money-...FPVLKegAJgcNL4Y

Who still go to banks for OTC FD placement is very brave!
I salute these kind of persons.

One of my account has entered into dormant and I'm so hesitate to go to the branch to re-activate the account.

But this promo rate is ending tomorrow (15/10/2020) unless they extend it.

This post has been edited by GrumpyNooby: Oct 14 2020, 03:07 PM

It is still available at Citibank Malaysia portal:
https://www.citibank.com.my/english/deposit...SavingsAccounts

Yes, it still available!