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

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StarPrimo
post Aug 11 2019, 08:30 PM

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QUOTE(Fledgeling @ Aug 9 2019, 03:02 PM)
Ambank is giving 4% for 6 months but need to maintain RM10k in savings account.
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QUOTE(StarPrimo @ Aug 9 2019, 07:53 PM)
Wow ! Ambank @ 4% for 6 months back again!
Do we need to maintain the RM10k in Savings Account for the whole 6 months or is it possible to withdraw it?
Thanks.
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QUOTE(skysboyz @ Aug 11 2019, 10:28 AM)
I thought this is for signature priority banking customer only?
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skysboyz not sure about it.
Was asking for more info about the promo.
Is it for signature priority banking customer?
StarPrimo
post Aug 11 2019, 08:33 PM

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QUOTE(Deal Hunter @ May 24 2019, 12:54 AM)
Explained before.
p1 is interest paid monthly. If effective date is 24 May, then interest creditted into your named casa account on 24 June, 24 July etc.
p0 is payment of interest on maturity.
p3 is payment of interest every 3 months.
p6 is payment of interest every 6 months.
p01 is payment of interest at maturity or monthly up to your choice.
You get the idea. Like p663m15.
It is compulsory to have a casa account if it is not p0. Your bank may have different rules about the kind of casa account that can be used for creditting interest.

Some banks are even introducing compulsory casa for p0, and even changing from auto renew at board rate to automatically credit principal into casa  account on maturity. This is much better than uplifting renewed FD at board rate and losing all new interest due to penalty for early uplift of new renewed FD. At least get some savings interest and do away with bother of uplifting and making it easier to transfer out the money.
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QUOTE(HP Computer @ Aug 8 2019, 05:20 PM)
may i know wat P663m15 means?
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StarPrimo
post Jan 7 2020, 07:38 PM

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QUOTE(guy3288 @ Jan 7 2020, 02:20 PM)
must be vigilant ourselves.

placed 60k FD yesterday, MBSB send cert today with gift
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Wow ! Free gift !
rclxms.gif

What’s in the red box?
Curious to know what’s inside it....

hmm.gif



StarPrimo
post Mar 3 2020, 07:32 PM

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QUOTE(Micky78 @ Mar 3 2020, 05:58 PM)
EPF like last time...is optional.  correct?
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Yes, optional.
StarPrimo
post Apr 15 2020, 01:37 PM

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QUOTE(7498 @ Apr 14 2020, 02:37 PM)
If I transfer my fund from Ambank to other bank then transfer back to Ambank, does that count as fresh fund?
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It is considered as fresh fund.


StarPrimo
post May 8 2020, 06:18 PM

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QUOTE(majorarmstrong @ May 8 2020, 12:23 PM)
1% is brutal
if go 0% lagi gila
if go -1% all jump lo
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doh.gif This is not good at all ... sad.gif
StarPrimo
post May 8 2020, 06:22 PM

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QUOTE(GrumpyNooby @ May 8 2020, 03:11 PM)
In Eurozone, it is already negative interest rate for deposits.
The ECB doesn't want people to save but instead to spend the money.

As for Japan, it has been negative interest rate for decades right if I remembered correctly.
But Japanese rather keeps their money under the pillow rather than deposit them to the bank.
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Looking like we’re nearing this situation.... blink.gif
StarPrimo
post May 12 2020, 08:07 PM

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QUOTE(dragon1888 @ May 12 2020, 05:07 PM)
alliance bank only able to give 2.65% for 12monts.... sad
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QUOTE(thecurious @ May 12 2020, 06:18 PM)
not much difference between the banks these days
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Good FD rates are gone !
cry.gif
StarPrimo
post May 17 2020, 01:39 PM

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QUOTE(cwkhor @ May 17 2020, 12:48 PM)
Alliance is giving 3.15% for 3-month e-FD, have to get the promo code in secure message, before placement.
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How to get promo code in secure message ?
StarPrimo
post May 17 2020, 02:00 PM

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QUOTE(cwkhor @ May 17 2020, 01:56 PM)
user posted image
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Got it thumbsup.gif
Thanks !

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