Tiger bank actually had some hidden promotion / selected customer promotion sometimes. Few months ago i had 4.05%.

But yeah, kinda sucks compare to certain banks. I have moved some FD to Bank Islam recently.

Good thing for those who grabbed the May promo rates instead of waiting for their June promo rates, which never came!   

Folks

Now that FD promo seems to losing steam, any one has experience with KLIBOR callable instruments? Not sure which tread in this forum have such.

Any one can educate me please on this
🎉🎉 *CRA with *FIXED INTEREST COMPONENT*! 🎉🎉

*Investment Advisory*
 
⭐️Principal Guaranteed Callable Range Accrual with Fixed Interest (*CRAF*)⭐️
 
Principal Protection if Held to Maturity
 
🎯*Tenure:* 5 Years
🎯*Minimum Investment:* RM100k
 
📣*Interest Payout*📣
‼️Year 1: *Guaranteed 4.25% p.a.* *‼️
‼️Year 2: *Guaranteed 4.25% p.a.* *‼️
Year 3 to Year 5: *4.25% p.a.*
 
🏗*Barriers:*🏗
Year 1: N/A
Year 2: N/A
Year 3: 0 – 4.0%
Year 4: 0 – 4.0%
Year 5: 0 – 4.0%

*Underlying Reference:*
_3-month KLIBOR_
Current 3-month KLIBOR: 3.45% (2 June 2023)

_*Guaranteed 4.00% for first TWO YEARS* subject to Call Option on Year 3 to 5

All I saw some brief chat sporadically it ended up with No better than FD board rate as bank will reel it in when it’s doing well for investor.

These rates are pretty bad😨

Aiyo. Once my FD at UOB matured next week, I also plan to tranfer the fund to my BI saving account, then go BI to place the FD.
Hopefully no issue la by then.

my 6 months mbsb matual today, so the auto renewal at 4.25% should be reflect in my account tomoro?

The branch u went let u off with a basic saving a/c?

The branch I went asked me to open a Al-Awfar, which is not protected by PIDM.

Is there another OPR later ? Up ? Remain?

but mortgage interest never go down. cheapskate fellas.

Basically it's better than PIDM since it's government banks 👌

No worries of $$$ missing

MBB is one of the worse place to dump your $$$ into FD...

They got among the worse rate offered...

As for FD rate dropping... It's across the board.... Banks flush with $$$.... And latest news saying less people taking up loans... Thanks to higher interest rate....

very true... more so when u hv 1.5 tril and rising debt hanging on yr neck, u dun hv many tools to fight.
as it happened, today's announcement of state elections on aug 12 may preempt BNM decision tmr.

u dun do a suicide stunt like announce elections and then announce interest rate hike!

now, more likely no change for now, hold till sep 7.

BI very mafan, fd placement if joint account, both need to be there to sign and they take their own sweet time and maybe take turns to pray, like BR

I think rates are peaking. Looking to park funds long term like 3 or 5 years but no bank offer rates 4.3 above. If any can offer that pls highlight.thanks

Need to find others banks liao 😁

Good things @ rate always won't last long... Either already hit limit or they feels not worth to maintain when others banks reducing the rates overall....

Maybank Promotion
Transfer from a non-Maybank account (via FPX)

4.00% p.a.

7 months

I wonder does everyone try before, can I transfer from Maybank money to my public bank then place FD via non Maybank account(public bank)?doing this cause my Other bank don't have much money. Will I get banned or suspended doing this?

I am surprised no one reported this. BI 4.5% today last day. No more next week.

Now it seems Bank Rayat one best. FD % going down, not good.

No

I asked CS and was told still available. Will contact my branch later today.

Got it. Kamsia many many.

can i transfer money out from Maybank to say...other banks..then transfer back in to Maybank...will that work? or they can detect out and in the same amount?