cimb click users - can uplift anytime, give up all interest, no penalty.

online FD shud be like that - fast, convenient, fair.

yr previous case where u lost some principal probably due to some other reason/conditions..?

if u hv cimb acc, clicks user, use this link on desktop for 6m 3.75% pa:

https://www.cimb.com.my/en/personal/promoti...t-campaign.html

it possibly implies PBB is quite sure OPR rates will go up by at least another 50bps in the near future.
affin 3.83% 18m, 3.40% 24m wud indicate they think rates will peak and then decline in 18-24 months time.

current consenus is BNM will raise 25bps in Jan, Mar, then stop.
assumption is USA continues to hike another 2-3 times, total 75bps:

whatever FD, the incremental change will always follow closely what OPR change will be.

if BNM lowers OPR at some point, all FD and loan rates will decline.

no one knows what will happen yet; BNM will do their meetings n decide at that time, what they think is best.



i'm of the view it's best to do 6m now, wait n see in May.

never experienced this with cimb online fd.

if u did 1m FD, oct9-nov9, it's right on time, not early, all is good.

likely the int was paid to one of yr acc, u did not see?

lost 40 days, 12m FD - u definitely did the right thing!

if 6m, end result probably about the same - uplift/place new or continue, little diff.

he did not say how much la...

i think a few times yr assumption, like yr amount.

dow can swing 800-1000pts on any night... volatility is still in the air!

right, 6mths is a sensible move at this time, and let's keep watching.

eFD - only on desktop.
https://www.cimb.com.my/en/personal/promoti...t-campaign.html

fria-i - shud work on desktop and mobile.
https://www.cimb.com.my/en/personal/promoti...imb-clicks.html

if u still can't get thru, something is not right with yr devices - either firewalls too strong or antivirus or ???

cud be overload, heavy traffic.

yep, that is probably the main reason why one shud pick 6m over 3m in this case.

moreover, if for some reason, bnm does NOT raise in jan, u will ride along happily.

for those who r used to online transactions, eFD is superb.

i have become so lazy that i simply find it too hard to do OTC anymore.

Which bank gives so much for savings?

i wish u had taken time to read last 10 pages or so...

cimb online rates, 3mths 2.70% is the nominal one - this one is what u get if u go into clicks like normal.
u can get higher than!
eFRIA-i gives 3.2%; eFD gives u 3.3%.
these 2, u must use the links below.

This post has been edited by AVFAN: Nov 15 2022, 10:33 PM

that is interesting... becos the T&C says "only desktop".

can house loan, other loans, pls post at:

better keep this thread just FD, FD, FD only....!

i agree... 24m is way too long.

at this time, i say best to do 6m, max 9m.

even the fortune tellers at BNM wun be able to tell u!

it's a dynamic, moving target.

while a lot is driven by dominant US fed hikes, every country has to consider its own liquidity, FX and recession risks.

countries like russia, turkey has been cutting rates given their own specific situations.

here, the current consensus is BNM will do another 25bps in jan or mar 2023.

after that, hard to say... likely to hold for a while.

but if recession risks incr, BNM may start to cut rates.

perhaps the most acceptable way is to stagger yr deposits, and do a mix of 3, 6, 9, 12m.

that way, u u stay in middle lane... wun get max, wun get screwed.

of course, if u do OTC and with many banks, a lot of time and patience req'd.

this is v gud.

but knowing HLB... it has to be FRESH funds, right?

bit of a hassle with this... after 6 months, u gotta transfer somewhere else...

really, this silly "fresh funds" game some banks playing are so outdated.

only make people waste time, petrol, parking...

i also give up on OTC - no energy n patience to drive, Q, wait...

as long as u "enjoy" doing it!

but... each debt card will get charged RM10 or 20 every year, no?

so, does cimb now offer 4.2 12m or 3.98 8m?

conflicting info..??


the last i heard... 3.98% 8m, no new deal....