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

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CommodoreAmiga
post Sep 20 2022, 07:21 PM

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QUOTE(voc8888 @ Sep 20 2022, 07:19 PM)
For MBSB Retail Term Deposit-i Booster Campaign, one need to open PWCASA-i account (ie PrimeWin Current Account-i or PrimeWin Savings Account-i. I opened PrimeWin Saving Accoount-i
The branch that you went more atas with tablet available rclxms.gif . I'm not that lucky, the branch that I went has got no common desktop or tablet available, suggesting me to balik apply then datang balik. mad.gif  I ended up sitting at the guest sofa, filling up the online application details using my own little handphone  cry.gif
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Please tell me which branch? It's not like got lots of branch. I am planning go Damansara Height branch, PJ only got 1 branch.

So the smart thing is apply online at home first I presume. hmm.gif

This post has been edited by CommodoreAmiga: Sep 20 2022, 07:22 PM
CommodoreAmiga
post Sep 20 2022, 08:01 PM

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QUOTE(mrhseinpingq @ Sep 20 2022, 07:35 PM)
I am making FPX from RHB to Maybank for Fixed Deposit in Maybank.

it said:
Your payment amount exceeded your Daily Limit of MYR 5,000.00. Please increase the limit to proceed.
I had changed RHB transfer limit to RM20,000, still the same.
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Usually there are many different kind of limits. You must also make sure FPX limit is set. FPX limit is not the same as transfer limit.
CommodoreAmiga
post Sep 20 2022, 08:15 PM

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QUOTE(mrhseinpingq @ Sep 20 2022, 08:09 PM)
Thank you.

I had set all the limit to Rm20,000, still the same
Is it set in RHB or set in Maybank?

Thank you.
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If you transfer from RHB to Maybank, it is at RHB.

I don't see why got issue.

I am not priority customer or anything.

user posted image

You are creating the FD deposit from Maybank website and then proceed to RHB to login to submit FPX payment, correct?

This post has been edited by CommodoreAmiga: Sep 20 2022, 08:16 PM
CommodoreAmiga
post Sep 20 2022, 08:59 PM

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QUOTE(mrhseinpingq @ Sep 20 2022, 08:27 PM)
Yes, I want to transfer fresh fund from RHB to Maybank.
Yes, correct. creating the FD deposit from Maybank website and then proceed to RHB to login to submit FPX payment,

May I know your picture is from RHB login now?
Mine RHB login now  --> profile --> change daily limit
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Yes, mine is the RHB screen shot...i don't see any problem with yours...but what is MCA? Sarahan Wee Gong Gong confirmed... laugh.gif Can login to your RHB webpage and check instead?

Anyway, better set back those JomPay and all those payment to their normal limits...scares me. sweat.gif
CommodoreAmiga
post Sep 20 2022, 09:09 PM

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QUOTE(mrhseinpingq @ Sep 20 2022, 09:06 PM)
Thank you for your reply.

Where is your RHB screenshot from? Looks very different from RHB login Now for me? Are you using mobile version?

I increase all, because I make sure it work, but still not work. Maybe need 1 days?
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No, i am using the website. Maybe you try the website page from PC? Update the limit to reduce it, then update it back to 50k. Who knows, maybe got bug.

ps: i checked my RHB app, it looks more or less the same as my webpage on my PC...why is it so different? The pull down menu icon also looks different....hmm.gif

I am using Android, you?

user posted image

This post has been edited by CommodoreAmiga: Sep 20 2022, 09:15 PM
CommodoreAmiga
post Sep 20 2022, 09:18 PM

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QUOTE(mrhseinpingq @ Sep 20 2022, 09:16 PM)
Any idea which section show I change?
"FPX payment" in RHB?
Why your layout screenshot is very different from mine?
I use Chrome and Mozila, both same for me.
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Wait. Where did you login to? I understand there is an old RHB website. That UI reminds me of the old website.

You should use this one.

https://www.rhbgroup.com/index.html

https://onlinebanking.rhbgroup.com/my/login

Update:
This is the old website. Please use new one.

You can see a "Switch to new Website" link at the bottom.

https://logon.rhb.com.my/

This post has been edited by CommodoreAmiga: Sep 20 2022, 09:25 PM
CommodoreAmiga
post Sep 20 2022, 10:05 PM

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QUOTE(adele123 @ Sep 20 2022, 09:48 PM)
btw, just curious, just before the september meeting, the conversation within this thread is more or less about keeping FD at 6 month, because we expect OPR go up.

just want to quick sense check, still optimistic or just placing 3.5% ambank 12 month rate? i'm getting very indecisive about placing long term FD lately biggrin.gif
If you scroll down further under the debit card fees and charges you will see this

Card Issuance and Upgrading from ATM Card to Debit Card RM12 per card for AmBank Debit Mastercard; or RM10 per card for TRUE by AmBank Debit Mastercard

so i'm guessing issuance RM12, but annual fee 0.
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You can wait forever....say you wait 6 mths until it becomes 4%. Can you get 3.5% during these 6 mths? In the end, it's more or less the same. You can't win the bank. Best also you can dump in KDI Save for 3% until Dec. By still losing out 0.5% for 6 mths, for example. Maybe 12 mths later, it's 4.5%. If you have took the 4% six mths earlier, you will also lose. So wait for 12 mths? See the point? Don't try to beat the bank. It's just FD, you difference will be pretty insignificant even if you have large amount. Maybe if you have say RM10 million then can see significant difference.
CommodoreAmiga
post Sep 20 2022, 11:44 PM

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QUOTE(mrhseinpingq @ Sep 20 2022, 10:57 PM)
I use the old RHB login now website, very strange.

I use the new RHB website, the transfer limit is not updated from old website.
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Use the new website and update again. Do not use the old website anymore.
CommodoreAmiga
post Sep 20 2022, 11:50 PM

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QUOTE(mrhseinpingq @ Sep 20 2022, 11:46 PM)
Yes, done. Using the new RHB website.
The FPX limit is RM30,000 only?

Is not RM 50,000 per day?
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Mine also RM30k as seen in my screenshot. Just do an FD now...still has 10 minutes before midnight...1 day interests. Good luck!
CommodoreAmiga
post Sep 21 2022, 12:07 AM

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QUOTE(mrhseinpingq @ Sep 21 2022, 12:01 AM)
Maybank promotion FD is from 6am to 10pm...I miss that!
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You get special rates? What rates is fhere? Honestly, why don't just go for Ambank or MBSB? I ain't putting money with Maybank unless nothing else better and usually, everyone is better than Maybank most of the time.
CommodoreAmiga
post Sep 21 2022, 12:17 AM

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QUOTE(mrhseinpingq @ Sep 21 2022, 12:09 AM)
Maybank is 12 months, 3.05%

I do not have MBSM current account.
AM bank need to do in branch, and also FPX must be same account number. Mine AM bank is joint name, RHB is single name

RHB no promotion FD.
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Open bank account is easy job. 3.9 and 3.5 vs 3.05 is big difference.
CommodoreAmiga
post Sep 21 2022, 10:48 AM

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QUOTE(??!! @ Sep 21 2022, 10:13 AM)
Ignoring interest on CaSa portion, effective rate is only 3.06%
Mbsb needs 2 working days for cheque clearance for FD placement by cheque

For people who have 7 digits amount, RHB willing to offer 3.55% 12 months.RM need to call HO
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Wah lau, 7 digits also get peanuts extra only.
CommodoreAmiga
post Sep 21 2022, 10:50 AM

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QUOTE(bbgoat @ Sep 21 2022, 10:29 AM)
Asked MBSB officer, she replied saying 2 days for cheque clearance and has to go there again for FD placement !!

I think since they became a bank (before that some koperasi ?), this requirement has been enforced.

Still better to online xfer or Rentas fund before going there;.
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So if i do online trsf max RM30k right? I just go OTC open the FD and make online transfer to the CASA account?

CommodoreAmiga
post Sep 21 2022, 10:51 AM

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QUOTE(AVFAN @ Sep 21 2022, 09:10 AM)
all the majors are moving up... closer to 3.3%.

while RM keeps diving... 4.57 per $. innocent.gif
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To be honest, lots of currency are losing against the US due to their aggressive interest rate hikes.
CommodoreAmiga
post Sep 21 2022, 11:22 AM

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Am opening MBSB prime win account now, the video verification part slow as fark and it says don't close the window...Zzzz...if failed, can continue verification at bank branch?

QUOTE(BoomChaCha @ Sep 21 2022, 11:07 AM)
(1) Open MBSB Prime Win saving account first. (Can consider to open Cash Rich saving account at the same time because of high interest rate, also open online banking).
(2) Rentas before 12.00 pm or instant transfer to MBSB Prime Win saving account
(3) Place OTC FD on the same day

Do not bring cheque, you will lose 2 -3 days for cheque clearance.

Best FD rates in the market now:
https://www.mbsbbank.com/promotions/term-de...ooster-campaign
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Thanks, but i don't need another "Cash Rich" account. I have too many accounts and not enough cash. I am "Accounts Rich, Cash Poor" laugh.gif Better keep in KDI Save if not in FDs anyway.

This post has been edited by CommodoreAmiga: Sep 21 2022, 11:29 AM
CommodoreAmiga
post Sep 21 2022, 11:36 AM

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QUOTE(CommodoreAmiga @ Sep 21 2022, 11:22 AM)
Am opening MBSB prime win account now, the video verification part slow as fark and it says don't close the window...Zzzz...if failed, can continue verification at bank branch?
Thanks, but i don't need another "Cash Rich" account. I have too many accounts and not enough cash. I am "Accounts Rich, Cash Poor" laugh.gif  Better keep in KDI Save if not in FDs anyway.
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Already > 10 minutes verifying video...still circling...is this normal? I think failed already. Do i need to reapply again?
CommodoreAmiga
post Sep 21 2022, 02:05 PM

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QUOTE(guy3288 @ Sep 21 2022, 01:43 PM)
not so long la, driving 15min, i spent 30mins there, i chao liao.

yeah my ealier FDs at BR 3.3% i rugi RM4800 if i dont remove!
but above 60days not worth the trouble so just bite the bullet and continue..
yeah confirmed with MBSB just now.

after that BR 3.3% i was planning next go Amb 3.5% luckily i didnt go in fast....

This 3.9% is a huge jump,  yau sat chor mo fong kuo...

i dont bother limit amount 1m 2m also dont care

timing  problem i avoided .. i spent only 30mins this morning ..biometric was fast, i signed 3 withdawal forms, told them i will transfer money in later afternoon. They say ok can and will send  certs to my office.

IBFT maxed out today RM150k, tomorrow do again. Hopefully they can do tomorrow's  FD withOUT me going....
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I gave up online and go straight to branch. I am only customer in Bank. I pou kah liao. Feels like rich man. Lol. Now halfway doing.
CommodoreAmiga
post Sep 21 2022, 02:11 PM

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QUOTE(7498 @ Sep 21 2022, 02:10 PM)
For MBSB FD placement, can I ask if using bank cheque also requires 2-3 days clearance?
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Yes. As mentioned by somebody up here and also the officer in front of me now.
CommodoreAmiga
post Sep 21 2022, 02:48 PM

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Completed in 1 hour. Only 1 CS and a few bank counter staff. I was the only customer. Muahahaha!
CommodoreAmiga
post Sep 21 2022, 03:11 PM

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QUOTE(guy3288 @ Sep 21 2022, 03:01 PM)
yeah luckli i waited first  before go in Amb 3.5%
if not sure kena Premature WD also.

Do your foresee 4.5% FD coming in next 6 months or so?
unlikely right?
yes for 1 account, i got quota till 1 M for 3%
if you do online at home then go it will be faster i think.
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My online verification hang. Dun wanna waste time. I took MRT to the bank. Lol.

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