hi sifus, noobie here, want to ask if possible to do over-counter FD with current account cheque, not banker's
Thanks

Usually no problem..but some bank will only issue FD cert after cheque clearance if not mistaken

CIMB:

1 month 3.2%
3 months 3.8%
6 months 3.45&
12 months 3.4%

Min 10k, need to open account.

OCBC
Fd promotion:
Normal Fd (min fresh fund 10k)
6 months 3.75%
12 months 3.95%
Mi Fd (new account to open - min fresh fund 10k)
6 months 3.8%
12 months 4%

ocbc mi fd give monthly interest.

Update: just did a 3mths @HSBC with 4.88% fresh fund, got free hsbc premier umbrella somemore lol

A free umbrella, thats all for the signup gift?

for joining their pb? min amount?

Get great returns on your deposits with 8% p.a.1 on 3-month Time Deposit with investment or 4.88% p.a.2 on 3-month Time Deposit
Move your deposits to us and enjoy accelerated growth on your wealth.
With HSBC Premier, you can prepare for an abundant year ahead with exclusive profit rates, global connectivity and international wealth management expertise. Visit our branch for your complimentary financial review today.

4.88% p.a. Pure Time Deposit

TD placement amounts (Fresh Funds only)
Minimum of MYR100,000 up to a maximum total of MYR200,000

Special TD Interest Rate (per annum)
4.88% p.a.

Tenure TD
3 Months

TD : Wealth Product
No investment required

refer to hsbc website

https://sp.hsbc.com.my/premierdualoffer?WAB...H_PWS_MAIN_DUAL

6 mth & 12 mth is offering lower rate? that is an indicator of....?

bro, cimb has been showing tis type of rate for last 2 or 3 mth. shorter term better fd deals.

sometime it might just due to bank's internal asset liability portfolio

i just went to OCBC today. there r still offering 4% for 12months.

monthly interest.

Just curious, why nobody mentioned HLB 4.18%? Any catch?
Am thinking of placing FD there.

suggest you see first page for more information...

There is no need to mention old news as it is already shown in page 1 of this thread.
The last time there was a query on this was on page 34.

The catch is that the rate is 4% now and will only become 4.18% if the target fund size is reached, OR the bank still gives 4.18% despite not reaching the target fund size.

A number of earlier posters had estimated that the target fund size of RM 888,888,888 will NOT be reached during the promo period 9 January to 28 February 2017 to ensure that 4.18%.

The bank website today shows that RM 347.250.114 had been deposited. It is already more than half time today , and the deposits need to increase much more to achieve the target size. As such you can only be sure of 4% and hope that the bank will be generous.

This post has been edited by Deal Hunter: Feb 8 2017, 07:39 PM

Thanks for the info

3i / iiinvestsmart

Well if that is the case, it would be bad branding wise, not to give 4.18% if target not reached.

This one is a case for BNM to intervene, dont you reckon?

no one can tell if you will win or lose until the tenure ends. To "renew" my expired fd I have to spend 2-3 hours running around thus decided to just lock in and worry about it later.

Yeah ,opening a new fd account with another bank can really be too time consuming sometimes that's why I just locked in for the 5 years tenure too.