RM 20k or RM 200k?

If RM 20k, just use DuitNow or Instant Transfer.

PB also requires FPX for this campaign

https://www.pbebank.com/Personal-Banking/Pr...mpaign-(6).aspx

And it depends on the campaign. FPX is usually meant for fresh fund from other banks.

OCBC: https://www.ocbc.com.my/personal-banking/ac...ed-deposit.html
RHB: https://www.rhbgroup.com/235/index.html?utm...tm_campaign=235

OTC rate may not be getting the promotional rate for eFD or eFD with FPX.

There're already 2 threads discussing EPF dividend.
Don't swamp this thread with further EPF related discussions.

Affin eFD promo rate [after CNY2012 campaign]

1. 3m @ 2.2% pa
2. 6m @ 2.35% pa
3. 8m @ 2.35% pa
4. 12m @ 2.38% pa

From Affin Online Placement Page:

eFD/eTD-i Campaign

Promotion Period : 18 February 2021 to 3 March 2021

Promotional Rate:
a. 1 month - 1.90% p.a
b. 3 months - 2.20% p.a
c. 6 months - 2.35% p.a
d. 8 months - 2.35% p.a
e. 12 months - 2.38% p.a

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

Fixed Deposit /Term Deposit-i (FD/TD-i) Campaign



Campaign Period:
18 February 2021 to 3 March 2021

Click here for full Conventional Terms and Conditions.
https://www.affinonline.com/AFFINONLINE/med...DiABBTnCEng.pdf

Click here for Islamic Terms and Conditions.
https://www.affinonline.com/AFFINONLINE/med...iAIBBTnCEng.pdf

I thought you have brand loyalty to UOB and OCBC.

MMF: money market fund
IPF: Income Plus Fund - short term/maturity bond fund from Opus Asset Management

Revision of Deposit Rates Effective 22 March 2021 [for Affin Bank]
-26 February 2021

We wish to inform that effective 22 March 2021, the revised deposit rates are as follows:

Affin FD Board Rate


Revision of Deposit Rates Effective 22 March 2021:
https://www.affinonline.com/AFFINONLINE/med...te_22032021.pdf

For more information, contact our Call Centre at 03-8230 2222, visit your nearest AFFINBANK branch or log on to www.affinonline.com

Wait for Samsiah press conference.

Monetary Policy Statement

At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 1.75 percent.

The global economic recovery, while uneven, is gaining momentum, supported by steady improvements in manufacturing and trade activity. The ongoing roll-out of vaccination programmes in many economies, together with policy support, will further facilitate an improvement in private demand and labour market conditions. While financial markets have experienced bouts of volatility, financial conditions remain supportive of economic activity. Risks to the growth outlook have abated slightly, but remain tilted to the downside, primarily due to uncertainty over the path of the COVID-19 pandemic and effectiveness of the vaccination programmes.

For Malaysia, latest indicators point to improvements in external demand and continued consumer spending. While the re-imposition of containment measures will affect growth in the first quarter, the impact is expected to be less severe than that experienced in the second quarter of 2020. Going forward, growth is projected to improve from the second quarter onwards, driven by the recovery in global demand, increased public and private sector expenditure amid continued support from policy measures and more targeted containment measures. Growth will also be supported by higher production from existing and new manufacturing facilities, particularly in the E&E and primary-related sub-sectors, as well as oil and gas facilities. The roll-out of the domestic COVID-19 vaccine programme will also lift sentiments and economic activity. The growth outlook, however, remains subject to downside risks, stemming mainly from ongoing uncertainties in developments related to the pandemic, and potential challenges that might affect the roll-out of vaccines both globally and domestically.

Headline inflation in 2021 is projected to average higher, primarily due to higher global oil prices. In terms of trajectory, headline inflation is anticipated to temporarily spike in the second quarter of 2021 due to the lower base from the low domestic retail fuel prices in the corresponding quarter of 2020, before moderating thereafter. Underlying inflation is expected to remain subdued amid continued spare capacity in the economy. The outlook, however, is subject to global oil and commodity price developments.

The MPC considers the stance of monetary policy to be appropriate and accommodative. Given the uncertainties surrounding the pandemic, the stance of monetary policy going forward will continue to be determined by new data and information, and their implications on the overall outlook for inflation and domestic growth. The Bank remains committed to utilise its policy levers as appropriate to foster enabling conditions for a sustainable economic recovery.

Bank Negara Malaysia

https://www.bnm.gov.my/-/mps-4-mar-2021

Join their INVIKITA™

Renew over the phone?

I don't know and that's why I ask.
All my FDs with Affin is eFD placement.

For Affin eFD, it's up to RM 200K per placement:

This post has been edited by GrumpyNooby: Mar 5 2021, 12:47 PM

AUM of RM 200K includes FD placed at special INVITIKA™ rate right?

If it's 0.5%, I'll consolidate all my funds from other banks to INVITIKA™.

Opened your INVIKITA™?