Depends on who the manager is in charge.

My wife always renew her term deposits at Mont Kiara and the Indian girl at the branch (we are priority members) always allow my wife to add 1k and treat it as fresh funds. My wife breaks all her term deposits into 50k lots.

I don't know maybe we are regular customers at the branch so we may be treated differently.

BNM will monitor the exchange rate - if ringgit doesn't drop, why would they bother to increase the OPR?

Ringgit has been fairly strong ever since Anwar came into power so BNM will try to keep OPR the same.

If i were a gambling man, i would bet the OPR would be raised in the next 3 months judging by the exchange rate (4.475 against the USD).

I think most people on this thread is hoping that fd interest will continue increasing - only way that would happen is when OPR increases

Be patient lah.

For this year, all around the world the interest rate sentiment is still on a upward trend - otherwise you will see Dow and Nasdaq shooting up.

My retirement income mainly comes from world stock markets while i have only about 10% in fixed interest (fd included) - for me i prefer that rates drop but that doesn't look like it will happen anytime soon

This one also so reluctant to give.

You think still got another one ah?

Looks like no more for a long long time unless ringgit goes down again to 4.7 against US.

I can see it too.

Probably operator typed in wrongly - more likely to be 3.3%.

Banks are flushed with cash.

My Maybank and Public Bank shares distributed the dividends so fast for this half-yearly dividend - usually have to wait at least a month but this time the dividends paid out in about 2 weeks.

I have a lot of Maybank shares - dividend yield about 6.6%/yr and dividend consistency quite high.

I agree with you though - if only i can bloody sack half of those non-performing staff.

Are you saying Infinite is easier to get than Signature Priority?

I have never worked in Msia so i have no epf or income statement as i have only worked in Sydney. I tried applying Maybank credit card a few years ago but they say i need to pledge fd so i pledge rm22k for a Maybank Petronas Visa.

I use my Maybank Petronas card for everything and over the last 2 and a half years used about rm400k. Recently Public Bank asked me if i wanted to have a PB Infinite card (don't have to fill form at all) and i told them PBB will probably reject me as i have never worked in Msia. After 1 day, i got an sms from PBB saying my card for Infinite has been approved with 40k limit. I didn't expect PBB to give me a credit card as i only have about 500k fd with them. I am now about to cancel my Maybank Petronas card and get my fd pledge back.