If not mistaken, this investment product not only profit (interest) that is not guaranteed, principle osso not protected.

Still not credited till now. Officers all clearing annual leaves kah?

Mind disclosing which branch is offering you this new promo rate?

Called the branch I usually dealt with this morning on this 4.03% promo rate., and was told that it was an SPECIAL EVENT RATE offered LAST WEEKEND ONLY ?!

Anyone has actual experience with Bank Islam on ways of making fund "fresh" by withdrawal and re-deposited WITHIN THE SAME DAY?

One officer of Bank Islam told me today that they have the rule of 14-days timeframe ie fund withdrawn will become FRESH only if deposited after 14 days ?

Which bank did you perform OTC fund transfer by DUITNOW? I was told not all bank offer this service.

I've made fund transfer with Bank Muamalat OTC by DUITNOW, it is surprisingly FAST, fund arrived at receiving bank INSTANTLY, much more "rentas" than RENTAS, and the best part is the DUITNOW service is FOC ie ZERO bank charges

So, whoever is withdrawing and transferring fund out these days, instead of RENTAS, try checking with the bank whether they offer DUITNOW service.

This post has been edited by voc8888: Jun 20 2025, 06:33 PM

Huh? Aiyooooo ! I was issued the Sapphire Debit Card today, the officer told me since I deposited the PW-TDT placement, I've been tagged as PWB (Premier Wealth Banking) members, thus automatically eligible for Sapphire Debit Card with ZERO ANNUAL FEE

There could be a possibility that TDT (Term Deposit-i Tawarruq) is not considered as Investment Account, while TIA (Term Investment Account-i) is.

3X Complementary access to Plaza Premium Lounge at airports worldwide worth the RM10 annual fee lah, if you do visited the lounge when you travel, hehehe

Any one here did a FTA-1 Bonus Booster placement with Bank Muamalat with Monthly Interest ?

Did Bank Muamalat called to notify that they've actually made a mistake for allowing monthly interest for this FTA-1 Bonus Booster promotion, and would like to terminate it with immediate effect, honoring whatever interest that had already been credited to the saving account for the past few months, but to end the previous placement with immediate effect, converting to new placement for a new tenure of another 12 months but interest payable on maturity.

I have officially rejected their above proposal, requesting them to honor what has been agreed at time of placement ie continue with the monthly profit payment till maturity. The bank officer said they will notify and refer to higher authority for further actions.

Bank Muamalat rectification action is very wrong, and I believe we could refer and file in case with Bank Negara if Bank Muamalak is taking the action of terminating and changing their T&C half way through by force.

This post has been edited by voc8888: Jul 4 2025, 07:13 PM

Bank Muamalat had actually made the following "technical mistakes" on this FTA-i Bonus Booster promotion product:

1) Lack of TRAINING and PRODUCT BRIEFING to staffs at ALL LEVELS, from Account Opening, Teller, Supervisor, Fund Manager up till RM.

2) Computer system failed to DISABLE the option of "monthly dividend/profit/interest" from selection during placement.

3) Discovered the mistakes too late. FTA-i Bonus Booster was launched since March 18, and they discovered about the mistake ONLY THIS WEEK, after the lapse of nearly 4 months, which is totally unbelievable.

JALAN MELAKA

I was being told that Bank Muamalat had discontinued monthly profit/interest crediting for all existing and future FTA promo.

This post has been edited by voc8888: Jul 23 2025, 05:18 PM

For those with monthly interest agreed during placement, they will keep their promise and honor the monthly interest, any new placements done beginning July 2025 were without monthly interest, which they had highlight to depositors during placement,

This post has been edited by voc8888: Jul 23 2025, 05:26 PM

3.85% is special retention rate offered for MATURING FTA-i Wow promo to rollover and keep the deposit with them while 3.75% is offered for any NEW PLACEMENT under FTA-i Bonus Booster promo

Bank Islam not offering new MaxCash FD promo in Sept ke？

Haizzzz ...... the US Federal Reserve cut its key interest rate by 0.25 points

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This post has been edited by voc8888: Oct 2 2025, 09:56 AM

MaxCash is a 70:30 bundle package ie 70% FD : 30% saving. Net effective rate is around 3.8%.

3.85% is pure FD/FTA rate ? or TIA rate?