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

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nexona88
post Jul 14 2024, 09:11 AM

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QUOTE(areankim @ Jul 13 2024, 10:23 PM)
Bank Islam FD still got 4%?
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Yes, still available as for now...

And the crowd at the branch is getting bigger by the weeks...

So the quota might reach target / full earlier than stated (year end).

So better do your placement faster 👌
nexona88
post Jul 14 2024, 05:28 PM

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QUOTE(areankim @ Jul 14 2024, 03:39 PM)
ok mine reach maturity on 8 July, but was renews to 2.65% so i withdrew.
Tomorrow go over the counter again to see if can place. thanks guys!
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Sure can do placement. No worries

But Mondays always more crowds...
nexona88
post Jul 16 2024, 11:39 AM

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Which Bank in Malaysia give the best rate in the market...

Good valuable article published... Good read 👌

https://www.freemalaysiatoday.com/category/...more-right-now/
nexona88
post Jul 16 2024, 02:03 PM

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QUOTE(CommodoreAmiga @ Jul 16 2024, 01:05 PM)
MBSB..."safe choice". 😅😅😅
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It's safe & rewarding choice 😋

But Bank Islam is on par too...

So got 2 choice to pick for 4% rate 👌
nexona88
post Jul 17 2024, 09:01 AM

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QUOTE(guy3288 @ Jul 17 2024, 08:23 AM)
4.1% started....
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This one from Bank Muamalat boss??
nexona88
post Jul 17 2024, 01:00 PM

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QUOTE(ericlaiys @ Jul 17 2024, 10:39 AM)
Not attractive rates...

Failed marketing
nexona88
post Jul 18 2024, 09:58 PM

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QUOTE(KOEL @ Jul 18 2024, 03:56 PM)
It looks like the FD rates will remain low....the BEST18 might not look best for now but that might change months down the line...
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What you mean??

The rates would be revised upwards??

From the hints given out by BNM...

No rate hike.... Maintain or cut only.... Look see US fed cut or not...

Whatever...
FD rates won't be high for this year...
Won't be hitting 5% anytime soon

This post has been edited by nexona88: Jul 18 2024, 09:59 PM
nexona88
post Jul 19 2024, 10:32 AM

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QUOTE(KOEL @ Jul 19 2024, 10:07 AM)
What I mean is that if you don't take the 3.8% now, you might not get it later.  I am in line with you i.e. FD interest rate will remain low due to the reasons you have mentioned.
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Ooh...

You mean better lock up the FD first... Since it's 18m tenure...

Later lower rates, cry father mother 😁

Logic point... But 3.8% not very attractive also.... But at least better than some banks offering....
nexona88
post Jul 19 2024, 02:04 PM

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QUOTE(guy3288 @ Jul 19 2024, 11:13 AM)
ya lah  ini 3.8% is 0.3% lower than current high
if big amount simply go lock 3.8% rugi lo...

the way i see it, it doesnt seem to be getting lower and lower

because prior to that all below 4% if you remember...
for quite long time

then MBSB came up with  4, BI follow suit
Now Muamalat  upped it to 4.1

not enough to quickly go grab it..
unlike the 4.8% early last year
that one i say yes quickly lock it.

because 4.75% is just there next door
if FD tak mahu naik.
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If that's the case...

This one to lock up our fund at lower rate because next few months, rates going up... Maybe towards 4.3%?? Since now already got 4.1% offering in the market???

Hmmm.....

But OPR is maintain boss...
The interbank rate already up up??? 🧐
Because what I know, it's one of the factors too... Determine the FD rates...

nexona88
post Jul 19 2024, 03:36 PM

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QUOTE(ericlaiys @ Jul 19 2024, 03:26 PM)
later officer run away how? dont dare to do that
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Give banker cheque lorh 😋

Who ask give cash
nexona88
post Jul 19 2024, 05:47 PM

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QUOTE(virtualgay @ Jul 19 2024, 04:03 PM)
yala... who will give cash - i was wondering where got cash 100k at home
those takut just go to branch la
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Whatever method of payment

I still love the old school style of going to branch 👌

Old thinking but it's much safer than those other method... Some mentioned eFD got issues for placement... Not reflected bla bla bla... (Other banks)

This post has been edited by nexona88: Jul 19 2024, 05:47 PM
nexona88
post Jul 19 2024, 10:04 PM

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QUOTE(gabkwong2 @ Jul 19 2024, 09:40 PM)
Elaborate sir. The numbers dont lie.
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https://themalaysianreserve.com/2024/06/24/...thdrawals-case/

Read this...

How to trust leh??
nexona88
post Jul 20 2024, 08:47 AM

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QUOTE(guy3288 @ Jul 20 2024, 12:57 AM)
tak boleh simply takut just because of some isolated theft

other banks pun ada kes,

some you dont know only,
doesnt mean no case
we just need to be on the look out
and not just sleep on it.

for all you know the bank with a case exploded could well be safer
rather than another bank whom people think money tak boleh hilang one
every one complacent......

air tenang jangan sangka tiada buaya.
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Understand...

But the trust is not there anymore... Worries if again won't happen or not...

But yeah... We need to monitor our FD placement & CASA always.... Keep on lookout for suspecting transaction (if there).... Every single thing must be under our watch 👌
nexona88
post Jul 22 2024, 10:33 AM

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QUOTE(romuluz777 @ Jul 22 2024, 09:41 AM)
PBB SS2 had some sort of FD promo last Sat.
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What rates they offering??

You went there??
nexona88
post Jul 22 2024, 11:38 AM

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QUOTE(romuluz777 @ Jul 22 2024, 11:16 AM)
I actually went to the ATM to withdraw cash, and saw the main door open with sales ppl mingling inside.
IIRC, it was mid-3.xx range.
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Typical of them..

Mid 3% range is quite unattractive boss...

Others banks can give 4% or even latest 4.1% 👌
nexona88
post Jul 26 2024, 10:05 AM

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QUOTE(chinkw1 @ Jul 26 2024, 09:17 AM)
10K locked means?
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Cannot withdraw the 10k till FD mature 😁

It's bundle FD products... Not pure FD
nexona88
post Jul 26 2024, 07:49 PM

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QUOTE(DarkCoffee @ Jul 26 2024, 05:00 PM)
Yup, Bank Islam and MBSB (4.0%), BMMB (4.1%)
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MBSB give out 4.3% FD rates also many would have doubt on them...

After "excellent track record" recently....

Better be safe than sorry 👌

So even though Bank Islam is slow... At least they can be trusted as for now.......

Muamalat.... For me okay... No issues 👌
But 1 guy here have bad experience with them....
nexona88
post Jul 26 2024, 10:38 PM

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QUOTE(guy3288 @ Jul 26 2024, 09:48 PM)
If 4.3% MBSB i will add more
risk is every where lah
my 4.4% in MBSB go on till 2025
takkan  nak withdraw and lari
*
Well..
If already have existing FD locked up...
Then no choice boss... Rugi if break

But given choice
Personally won't dare after the fiasco happen....

Might change mind if they can give 4.5% or 5% 😁

FD rates very important in final decision... And no lock up $$$ in CASA


nexona88
post Jul 27 2024, 06:50 PM

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QUOTE(guy3288 @ Jul 27 2024, 04:34 PM)
you very keng :thumbsup:
bagi 4.5 -5% takut boleh hilang punya
notworthy.gif
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Take risk for high FD rates lorh...

If just give like what other banks... Why take the risk & lose the sleep over thinking if money would be lost or not. Safe or not 👌

That's why,
Willing to take chance if they offered 5%
nexona88
post Jul 28 2024, 09:06 PM

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QUOTE(kyleen @ Jul 28 2024, 08:46 PM)
As I recall, we are required to verify thumbprint for every transaction at the bank counter, or is this just for show ? Any attempts to bypass this authorisation requires some kind of IT knowledge. It could be they are just scapegoats behind the mastermind. Just my speculation.
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If I remember correctly

They also gotten the fake Mykad thingy with the account holder name....

Maybe I guess same name / ic number / address with account holder but the thumbprint is the scammer one... And the photo too... All fake one

😁

This post has been edited by nexona88: Jul 28 2024, 09:06 PM

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