Depends on your cashflow and strategy plan. You can either spread it out to arrange to get the best deal each month, or you can get stuck at one place. Do you mean withdraw the principal 500k meaning either 1 month tenor FD. Or do you mean 12 month tenor with monthly payment of interest? Or simply full flexibility to withdraw anytime without penalty?
For bigger sums than the normal promo, I prefer to nego with the smaller banks to get better rates - MBSB or Affin, but definitely not the big ones (banyak rugi).

Haiyah, you MUST ASK and check also even after asking when they give you the cert - you can change if it is wrong. Otherwise the bank staff will sure do normal automatic without monthly payment same like go foodplace and automatic cook normal style with the chilli even if you ordered no chilli.

Make sure open and get banking account number right besides the FD account number. Look for number 51 in bottom left of the FD cert. Minimum at least 5k for 6 months last time condition. Not everybody got 5k or bank account, so used to normal no monthly interest payment business with most depositors.

This post has been edited by Deal Hunter: Jan 23 2017, 11:46 PM

Well, for this one I definitely got the monthly interest. Printed on the FD certs as well.

Well, in term of withdrawal only the interest.

Make it this way, assuming 1 year @ 4% ish, once it matured I'll just withdraw the interest and use it and leave the 500k running provided it work that way.
Basically only require the interest rather than the 500k.

Still considering whether if it is a good move. Looking at 500-800k, aiming to get like 2.5k-3k which enough to cover house installment(planning to get 1)
Just rough idea on rolling it.

i asked the branch opposit tesco selayang selangor.

but he said if put 50k or higher, can ask HQ for higher rate than 4.08%, maybe 4.1x%

and get premium gift like luggage bag with trolley one

juz no monthly interest option

but open acccount also need rm200,

maybe juz separate into smaller amount multiple pieces, than no need monthly interest also can

As I mentioned before, mine is FD renewal. I got the monthly interest, period.

I was not able to get >4.08% for 6 figure amt. If u do, please let us know.

br delivering hampers today. get yours soon.....

got 5 years ambank 50k+50k 4.32 monthly interest (with parent, warga emas only can get monthly). second 50k is fresh fund.

This post has been edited by cclim2011: Jan 24 2017, 04:28 PM

Shrank in size this year. Got 2 pkts of angpows.


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regarding the monthly interest matter, is that if one withdraw before maturity date, the bank would deduct all the paid monthly interest from your principal amount while withdrawing?

i tried that before with hongleong, the credited monthly interest into saving account deducted from principal, so the net amount still the ori deposit amount, bank won't make loss on this matter.

seems it juz more convenience for ppl to use the interest before maturity only

if can't maintain better don lock on so long.

mbsb 4.10%

u mean 2 hampers?

bro still cannot get br monthly interest. going for mbsb?

Rm 30000 @ 4.08% for 12 months at Bank Rakyat.
First time in my life I received a valuable hamper from a bank.
Normally, I get only empty Ang Pow envelopes.
Thank you Bank Rakyat.


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wow, which branch was that?

is it 300k? else the hamper could easily add another 0.1~0.2% to the effective interest

can maintain. yeah it meets my needs for this amount of money.

Did u get monthly interest for this BR FD ?

latest FD promo from Bank Rakyat

4.08% / 12 Mth / Min RM10k
Promo period : 23 Jan 2017 - 23 Feb 2017

*free CNY angpau for Xclusive member!







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BR angpow needs to have more quality abit....more thickness and premium feel....

reminds me of the year 2000s public bank angpow quality....

In BR now to renew fd. Got 4.08% with monthly interest.

This promo is meant for fresh fund only. But was told have to credit monthly interest to CASA. Looks like 2 version of interest option mentioned in this forum.

Also lucky draw have to send SMS