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

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Human Nature
post Jun 2 2021, 02:14 PM

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QUOTE(bbgoat @ Jun 2 2021, 02:09 PM)
I contacted the person thru' WhatsApp, he asked me to send instruction to his BR email address.

Anyway mine is only next week maturing.

That new promo is with monthly interest crediting ?
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Yes, can select monthly interest crediting or at the end of tenure.

I just checked my online banking again, successfully renew using this method.

And the one that matured on 31st May, got backdated too.

thumbup.gif

Human Nature
post Jun 2 2021, 11:03 PM

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QUOTE(guy3288 @ Jun 2 2021, 10:53 PM)
all these watsapp email, meaning cant go to branch anymore kah?
i  have in June  but not going to renew, if cant go branch susah lo.
taking out go for SSPN i better
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Still can as the branches are still open. But since it is only open until 1pm, I guess they are taking proactive steps to reduce the waiting time.
Human Nature
post Jun 3 2021, 02:25 PM

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QUOTE(mamamia @ Jun 3 2021, 01:38 PM)
But too bad I didnt get any contact last time... n now even I call the toll free number also unable to direct me to home branch... sigh... really speechless with their contact centre...
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Send a message through the FB page and leave your contact, tell them to get the branch to call you

QUOTE(BoomChaCha @ Jun 3 2021, 01:49 PM)
AM Bank FD Promo - Valid until 30 June 2021

(1) 9 Months FD - 2.5%
(2) 18 Months FD - 2.65%

Placement method #1: OTC. As I did not find any eFD promo code from AM bank website
Placement method #2: Need to submit check only
Keep minimum balance in saving: RM 10000, no earmark
Fresh fund only
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Seems like the current sentiment has caused the rate to be reduced slightly. Just a couple of months ago we were projecting for the rate to increase sad.gif


This post has been edited by Human Nature: Jun 3 2021, 02:27 PM
Human Nature
post Jun 4 2021, 11:13 AM

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QUOTE(mamamia @ Jun 4 2021, 10:51 AM)
manage to c the profit rate? My online banking don show any profit rate, but i know it is auto renewed to board rate.
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Online portal doesn't show the rate, but can see the tenure changed from 11 months (old) to 18 months (new).

I also obtained a screenshot of the actual slip through WA that show the rate.

Managed to contact your branch?
Human Nature
post Jun 4 2021, 11:26 AM

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QUOTE(mamamia @ Jun 4 2021, 11:23 AM)
finally get the contact from one of the sifu here and contacted the officer this morning via WA... Email sent, hopefully get his response soon...  icon_rolleyes.gif
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That's good thumbup.gif Good luck
Human Nature
post Jun 6 2021, 10:55 AM

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^ thanks all. Decided to just leave it at OCBC 360 acc
Human Nature
post Jun 7 2021, 12:28 PM

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QUOTE(BoomChaCha @ Jun 7 2021, 11:49 AM)
Are we allowed to go to bank to place OTC FD during this MCO 3.0?

If blocked by police, what should we say? Can we say to go to bank?
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Should be no issue since banks are under essentials. I passed through roadblock during MCO1 by showing a bank book.
Human Nature
post Jun 11 2021, 08:54 PM

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QUOTE(bbgoat @ Jun 11 2021, 06:15 PM)
This week has 2 days BR FD matured. Used WhatsApp and their BR email address to get the FD renewed to promo rate.

Also requested the officer/manager to WhatsApp certs to me. Done successfully ! Saved going to BR !  thumbup.gif  thumbsup.gif
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FMCO just got extended. Looks like this practice going to continue.

This post has been edited by Human Nature: Jun 11 2021, 08:54 PM
Human Nature
post Jun 12 2021, 11:32 AM

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QUOTE(bbgoat @ Jun 12 2021, 09:01 AM)
Got few more this month FD maturing in BR. This will be good practice until the FMCO is over.

Only thing is to collect FD certs later.
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I already renewed 6 certs. Initially thought can collect them when I go to renew another 2 certs next week but FMCO is extended. If continue till end July, more will stack up. I am thinking to make a trip to collect the certs next week. Should be just a quick one as the certs are all printed out.
Human Nature
post Jun 13 2021, 01:16 PM

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QUOTE(bbgoat @ Jun 13 2021, 11:03 AM)
I have few more this month for BR. Planning to collect after FMCO over.

For cross district, for banking purpose, I think still not allowed unless permit obtained ? I got FD in 2 BR branch locations, nearest one unfortunately is cross district.
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Not sure although I would consider banking/finance is essential and you have the cert as evidence. Didn't experience cross district, so cant share any experience.
Human Nature
post Jun 13 2021, 02:45 PM

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QUOTE(cute_boboi @ Jun 13 2021, 02:30 PM)
If BR within radius, can walk-in to renew/withdraw FD now during FMCO ? Thanks
hmm.gif
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Can, the branches are still operating, though shorter hours.
Human Nature
post Jun 15 2021, 08:03 PM

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QUOTE(cute_boboi @ Jun 15 2021, 05:26 PM)
I overheard only those with >RM300k as exclusive customers will get this service. Maybe those who get this service can confirm ?
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For me yes, am a Rakyat Xclusive customer
Human Nature
post Jun 18 2021, 01:01 PM

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Collected all my BR certs. Everything is in order
Human Nature
post Jun 20 2021, 11:56 AM

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QUOTE(thenuts15 @ Jun 20 2021, 09:46 AM)
Was wondering is there any special promotion for FD if i walk in AmBank instead doing it online?
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https://forum.lowyat.net/index.php?showtopi...ost&p=101292411
Human Nature
post Jun 23 2021, 06:45 PM

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QUOTE(damos_csui @ Jun 23 2021, 05:19 PM)
hi sifus,

just wanted to bump up this as I'm in the same boat and new to FD world..
i have few more related questions regarding FD opening:

1. if go directly to branch, can just open FD account (without saving account) or still need to open saving account first?. if can without saving account, how to transfer more than the instant/FPX transfer limit into the FD account?
2. if opening in the same bank using eFD i assume there would be no limit to transfer between our saving account and the FD account right?
3. and if I open eFD, how long does it take for the money (and its profit) to be credited back into my saving account upon maturity?
4. and lastly, this is more specific to CIMB.. while maybank2u has the 'instruction on maturity', cimbclicks don't have. so upon maturity, is it automatically renewed or automatically stop and transferred back to my saving account?

sorry for the noobs questions.. thanks all
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1. Depends on the bank and the FD promotion T&C. Use banker's cheque/cashier order under your name.

2. Yes, as far as I know of.

3. Instantly if you select it as your instruction. IIRC there is a bank that only credit the interest the day after, but maybe I recall wrongly.

4. Automatically renewed at board rate.
Human Nature
post Jun 23 2021, 06:47 PM

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QUOTE(KCY3701 @ Jun 23 2021, 05:39 PM)
user posted image

I tried to place 2k to try but failed.
What's the minimum placement for this offer? 5K? Can't seem to find this info anywhere
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QUOTE(choor123 @ Jun 3 2021, 07:35 PM)
Affin eFD

user posted image
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Human Nature
post Jun 27 2021, 11:11 AM

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QUOTE(ONGEDWIN @ Jun 27 2021, 10:28 AM)
Any cimb efd promo? 🤔
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QUOTE(choor123 @ Jun 3 2021, 07:31 PM)
CIMB eFD

Until 9 September 2021

3 months - 2.00%
6 months - 2.10%
12 months - 2.15%

https://www.cimb.com.my/en/personal/promoti...imb-clicks.html
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Human Nature
post Jun 28 2021, 07:01 PM

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QUOTE(Kyan0411 @ Jun 28 2021, 04:00 PM)
Thus far Ambank still has the best rate
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It is actually BR
Human Nature
post Jun 29 2021, 10:12 AM

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QUOTE(pundi @ Jun 29 2021, 10:10 AM)
can pbb tt money to bsn
then bsn fpx money back to pbb to get the promo fd ka.
will it trigger anything?
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Should be no issue.
Human Nature
post Jun 29 2021, 10:31 AM

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QUOTE(Kyan0411 @ Jun 29 2021, 10:17 AM)
Different risk, not comparable.
BR is not conventional bank, not protected by PIDM.
Your money put to them are placed out as higher risk PL, unlike most retail banks which have decent portion of collateralised loans

Also, BR has no eFD function and need to do OTC
Who wants to queue ar branches during FMCO?
Life is more important than that extra 0.2% on FD
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I was merely responding to your earlier statement whereby you just compared the highest rate smile.gif

This post has been edited by Human Nature: Jun 29 2021, 10:33 AM

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