OTC or eFD?
When I checked the eFD, it is quoted at board rate at placement page.



This post has been edited by GrumpyNooby: Oct 16 2020, 01:27 PM

Social Impact Deposit

Join us in supporting those whose incomes have been impacted by COVID-19. #MaybankSustainability

Offer Period: 15 October 2020 until 31 December 2020, or upon reaching the overall limit set by the Bank, whichever is earlier.

Overview:
As the effects of COVID-19 continue to remain uncertain, the Social Impact Deposit aims to bring communities together and extend financial relief to those whose income are affected by the pandemic.

For every deposit made during the offer period, Maybank Islamic will contribute 0.3% p.a. to a Social Impact Assistance Account; an account designated to provide a helping hand to those who are in dire need of financial assistance due to a loss of income during the pandemic, of which beneficiaries in need are identified by the Bank.

Kindly refer to the infographic below for the campaign mechanics.


https://www.maybank2u.com.my/maybank2u/mala...ct-deposit.page?

Currently OTC promo for Affin:

eFD may need wait till after 19/10/2020



This post has been edited by GrumpyNooby: Oct 18 2020, 05:11 PM

RHB FD promo details is here:
https://www.rhbgroup.com/245/index.html

Affin eFD is back: 6m @ 2.36%pa / 9m @ 2.38%pa / 12m @ 2.45%pa




Promotion Rate:
6 months @ 2.36% p.a
9 months @ 2.38% p.a
12 months @ 2.45% p.a

Promotion Period:
20 October to 31 October 2020

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

Campaign T&C: https://www.affinonline.com/AFFINONLINE/med...paignTnCEng.pdf

This post has been edited by GrumpyNooby: Oct 20 2020, 08:51 AM

Once the campaign T&C is out, I'll share here.

Speak of the devil, the campaign T&C is out:
https://www.affinonline.com/AFFINONLINE/med...paignTnCEng.pdf

This post has been edited by GrumpyNooby: Oct 20 2020, 08:50 AM

Should be 2.45% pa for 12m

Insight - How to increase the return of your FD

https://www.thestar.com.my/business/busines...turn-of-your-fd

Yes as the title is rather misleading when I first read it.

It is baking for another cut due to negative sentiments in the market.

Shouldn't you call the officer at the branch where you place FD at?

The officer at the home branch should check for you and seek for approval; not you right?

Did you ask them first?
They won't simple display that freely like public info.

It is end of the month.
Packed is normal during this period of the month.

OPR – To cut or not to cut, that’s the question

THE upcoming Monetary Policy Committee (MPC) meeting this Tuesday, which will determine whether the overnight policy rate (OPR) will be cut for the fifth time this year, has given rise to several divided views.

Some economists feel that cutting the rate again, already at a record low of 1.75%, will be a somewhat neutral move given the current difficult economic conditions due largely to the Covid-19 pandemic.

https://www.thestar.com.my/business/busines...ts-the-question

- 30 October 2020
PB Fixed Deposit / Term Deposit-i Campaign

Please be informed that the Campaign Period of “PB Fixed Deposit / Term Deposit-i” Campaign will be extended to 31 December 2020.

Click here for the revised Terms and Conditions in English.
https://www.pbebank.com/pdf/Banking/tc_fdtdi-011120en.aspx

Did you go to this branch?

UOB confirms one staff down with Covid-19 at Menara UOB

Link: https://www.theedgemarkets.com/article/uob-...id19-menara-uob

eFD ending today.



This post has been edited by GrumpyNooby: Nov 2 2020, 10:57 AM

It'll be available till midnight today.

Speculation:

Decision tomorrow afternoon.