Which promo is that?

So move out from ARIM to MBSB?

Bank Islam named Malaysia's strongest Islamic retail bank



KUALA LUMPUR (Dec 20): Bank Islam Malaysia Bhd has been named as Malaysia's strongest Islamic retail bank for 2020 by the Cambridge International Financial Advisory (Cambridge IFA) at the sixth Islamic Retail Banking Award 2020, held virtually on Dec 15, 2020.

In a statement today, Bank Islam said this was the second time that it received the award, which it won for the first time back in 2015.

Chief executive officer Mohd Muazzam Mohamed said the title demonstrates the bank's readiness to become the first and only listed Islamic bank in Malaysia and the region.

https://www.theedgemarkets.com/article/bank...mic-retail-bank

Somebody mentioned BI cheated the printed rate on the FD certicate.
Well, the article shows that BI has strong financial backing for not doing so.

CPI down 1.7% y-o-y in November

PETALING JAYA: The surge in Covid-19 cases over the past month has resulted in a pullback of Malaysia’s consumer price index (CPI) in November.

The CPI declined 1.7% year-on-year (y-o-y) last month to 120 points compared with 122.1 points in November 2019.

It was a slight contraction compared with October which recorded 120.2 points or a 1.5% decline y-o-y.

The decrease was attributed to the decline in transport (-11.1%), housing, water, electricity, gas and other fuels (-3.3%), clothing and footwear (-0.5%) and furnishings, household equipment and routine household maintenance (-0.1%), which contributed 45.7% to the overall weight.

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin (pic below) said 334 out of 552 items recorded an increase in November 2020 compared with November 2019.

https://www.thestar.com.my/business/busines...o-y-in-november

Guess that they'll be no rush for hiking the OPR sooner.

Eligibility
For 50 years old and above, single or joint names.
Minimum RM10,000 to open the Senior Savers Flexi FD.

https://www.hlb.com.my/en/personal-banking/...s-flexi-fd.html

Different product targets different market segments.

PB Fixed Deposit / Term Deposit-i Campaign
Please be informed that we will be launching a new “PB Fixed Deposit / Term Deposit-i” Campaign starting from 1 January 2021 to 31 March 2021.



Click here for the Campaign’s Terms & Conditions in English
https://www.pbebank.com/pdf/Banking/tc_fdtdi010121-en.aspx

PB eFD via FPX Campaign



Campaign link: https://www.pbebank.com/Personal-Banking/Pr...mpaign-(6).aspx
T&C link: https://www.pbebank.com/pdf/Promotions/efd-fpx21-en-tc.aspx

Best Fixed Deposit Accounts In Malaysia
-Last update: 4 January 2021



Monthly Update
Here’s a roundup of this month’s updates to the best fixed deposit accounts in Malaysia.

1. Overall, Islamic FD products continue to offer higher interest rates compared to conventional FD products.
2. Bank Rakyat offers the best rate for most FD products this month (3, 6 and 9-month tenure). However, do take note that Bank Rakyat’s FD products are not protected by PIDM.
3. The highest interest rate recorded in this month’s round-up is 2.40% (KFH Malaysia; 12-month FD), whereas the lowest stood at 1.50% (Maybank; 1-month FD).

https://ringgitplus.com/en/blog/fixed-depos...2a_eToOJ4s3kfEU



This post has been edited by GrumpyNooby: Jan 4 2021, 11:52 AM

Maybe CIMB is expecting an OPR cut from 7 to 12 months from the campaign.

What is AMB?

RinggitPlus Readers’ Choice Awards 2020: Affin Duo, Maybank, TNG eWallet Emerge As Big Winners

Bank With The Best FD Rates In Malaysia: Affin Bank (27.1%)
- All banks in Malaysia offer fixed deposits at varying rates, but our readers have voted that Affin Bank is the one that offers the best board rates overall. Our Best Fixed Deposit Accounts article which is updated every month also regularly features Affin Bank’s FD rates in the top five offerings.

Article link: https://ringgitplus.com/en/blog/ringgitplus...ig-winners.html

This post has been edited by GrumpyNooby: Jan 5 2021, 07:19 PM

OTC or eFD?

Combo Special Campaign





Campaign Period: 1 January 2021 to 19 January 2021

Campaign Flyer: https://www.affinonline.com/AFFINONLINE/med...mboFlyerEng.pdf

T&C for Conventional: https://www.affinonline.com/AFFINONLINE/med...paignTnCEng.pdf
T&C for Islamic: https://www.affinonline.com/AFFINONLINE/med...paignTnCEng.pdf

Which bank?
I know PBe got Rentas online.

FPX limit can be set in respective Internet Banking portal.

FPX daily limit is restricted by the outgoing bank limit.

I thought Maybank has RM 30k/50k daily FPX limit?

PBe has a daily limit of RM 100k.

This post has been edited by GrumpyNooby: Jan 8 2021, 07:30 PM

Maybe RM 30k/50K is per FPX transfer limit while the daily limit is unlimited?

PBe has a daily limit of RM 100k.

This post has been edited by GrumpyNooby: Jan 8 2021, 07:31 PM

Fresh fund must come from other banks via FPX.

Every bank should have imposed daily limit for FPX. The common daily limit could be either RM 30k/50k.

This post has been edited by GrumpyNooby: Jan 12 2021, 06:44 AM