Hopefully big big hike! 😁, but realistically max I feel also 25 pts because scare election. GE fast fast lah, get it over then can get crazy raise rates, no f given.

Wanted to post my experience in MBSB.

Like what folks posted here, the guy says the whole account creation process takes 1 to 2 hours and cheque clearance/transfer etc you have to be present to make withdrawal then make FD. A bit strict on the rules. As my place to the nearest branch is almost 50 mins drive, I decided to move my money to stock market for now. Hope the rest of the banks catch up with FD soon, if not I may eventually have to apply for account online then go down twice. The branch I went to even has two reserved parking space for ALL MBSB customers lol.

For those interested, Citibank now offering 6 months 3.1%.

Yes, have a feeling there will be a 'shock' 25pts hike.
Looking at political state of things, 50pts quite unlikely.

Extended

Got FD mature mid Oct. Contemplating placing this

Guys ,i am retire person , i have 2m cash will be maturity on Dec , before i put all in different bank , now ,any one can suggest me ,how to put this 2m on next year ? I even have 1.5m already bought the bond , so normally i just realized interest for living .

Looks like bank islam offering 4.45% but they nvr state the effective rate, in their FB page

u must understand the demographics here since some are new. most here are super conservative and only invest in fd and nothing else. have to be careful not to touch their sensitivity.

Wow, breaching 4.0% before the next OPR meeting. Time for Ambank and Affin to catch up.

Just placed one fd at muamalat satok branch n was asked to participate in lucky draw n won a tefal blender! The lucky draw seemed to be sure win one as I glanced got about 4 big prizes beside a big jar with about 4 ping-pong balls for u to draw. Not sure if the lucky draw is for every depositor or they picked me because I complained about their service before 😅  I placed rm80k for the 3m 4% promo btw n they even asked me to come back for another deposit n another draw tomorrow! 😆

KL and Selangor just get free lousy customer service! 

Wow, you guys punya BR branches are generous. Mine habuk pun tarak.

The 2 years 4.8% is a good indicator of happy news to come

This is also depending on the branch manager if he/she has enthusiasm to
help to call to HQ to get special rate or not.

I know one lazy assistant branch manager is not so helpful to help to get special FD rate

This lazy branch manager actually was planning to resign/retire. But his age
should not more than 50. He had no mood to work, better resign faster.

Few years ago, another branch told me the maximum FD placement in the branch
was only RM 40K from a depositor.

haiyo rates so good, should withdraw PNB ASW funds to put there?

I think Bank Rakyat is no cover by PIDM?

damn, luckily placed a few for 18mth @ 4.5% last Nov/Dec

https://uk.finance.yahoo.com/news/bank-of-e...-120137948.html

Will bnm going to do malai a favour by pushing opr higher in March?

attended appreciation dinner talk just now
seem like there would only be 1 OPR 25pts increase for  whole year

So FD rate susah.