RM5k placement
3 months tenure
2.00% p.a. rate
placement date = 12 Jul 2021
maturity date = 12 Oct 2021 (uplift)
calculation based on 365 days per year

interest earned maturity date: RM25.21

simple answer: same

just different way of reinvestment by the bank and how the profit is shared to you

reading reference https://www.rhbgroup.com/files/islamic/depo...S%20CMD%20i.pdf

UOB 2.60% for 12-month

condition: open ONE account/Stash account/Lady's savings account via MIGHTY App

https://www.uob.com.my/personal/promotions/...wth.page#offer2

T&C (pg 14) https://www.uob.com.my/web-resources/person...ing-tnc-eng.pdf

probably this https://www.hlisb.com.my/content/dam/hlisb/...tion-tnc-en.pdf

since you're asking for best rate only (without any other preferences), then refer above

1) no limit of placements, of course can place multiple times. good to spread the placements, in case emergency to withdraw before maturity

2) yes, maturity date = renewal day. your earned interest already credited. withdrawal on maturity/renewal day wont impact the earned interest.

AmOnline: 6 months eFixed Deposit (eFD)/eTerm Deposit-i (eTD-i) Promotion [ Ambank | T&Cs ]

Channel	Tenure	Placement Amount	Promotional FD/TD-i Rate	Effective FD/TD-i Rate
AmOnline via FPX	Six (6) months	Minimum RM10,000	2.40% p.a.	2.40% p.a.

you can login to affinonline and see if these rates are still available

Enjoy higher returns up to 2.90% p.a. on your 6 months Step Up FD/FD-i when you deposit with us today! [ HLB | T&Cs ]
01 AUGUST 2021-30 SEPTEMBER 2021

Step Up FD/FD-i 6-Month Rate Breakdown: Month 1-2: 2.00% p.a. | Month 3-4: 2.30% p.a. | Month 5-6: 2.90% p.a.

Effective Rate: 2.40% p.a.

Minimum Placement Amount: RM10,000 | Maximum Placement Amount: RM5,000,000

This post has been edited by cybpsych: Aug 10 2021, 05:16 PM

earned dividend/interest vs capital amt over 6 months = 2.4% p.a. effective (actual) return rate

old July promo anyway

9-month FD/TD-i & CASA/-i Combined Campaign [ Ambank | T&Cs ]
Campaign Period : 1 August 2021 - 31 October 2021

Times are uncertain but our returns are rock solid.

Make a fresh funds placement in Fixed Deposit/Term Deposit-i (FD/TD-i) and Current or Savings Account/Current or Savings Account-i (CASA/CASA-i) for 9 months and enjoy returns of up to 2.88% p.a.



Terms and conditions:
Minimum Combined amount of RM10,000 and up to maximum of RM2,000,000 (No capping for AmWafeeq Savings Accountholders).
Placement ratio: 80% in FD/TD-i and 20% in CASA/CASA-i.
Both FD/TD-i and CASA/CASA-i accounts must be earmarked for nine (9) months.
Subject to immediate revision should there be any change to the Overnight Policy Rate (OPR).
Upon maturity, FD/TD-i will be renewed at the prevailing board rate for the same tenure.
Partial withdrawal of the FD/TD-i or CASA/CASA-i before the completion of Tenure is not allowed and the Eligible Customer(s) shall not be allowed to enjoy any interest/profit rate* whatsoever.
Applicable for placements made over the counter only at any AmBank/AmBank Islamic branch.

*Conventional terminologies are applicable to AmBank products, while Islamic terminologies are applicable to AmBank Islamic products.



This post has been edited by cybpsych: Aug 12 2021, 07:05 PM

Save and grow your money with 2.40% p.a. for 24 months eFixed Deposit/eFixed Deposit-i placements via HLB Connect. [ HLB | T&Cs ]
01 AUGUST 2021-30 SEPTEMBER 2021

Tenure	Promotional Rates
3 months	2.30% p.a.
6 months	2.35% p.a.
12 months	2.40% p.a.
18 months	2.40% p.a.
24 months	2.40% p.a.

Should there be an Overnight Policy Rate (OPR) change, the Promotional Rate may be revised

Minimum Placement Amount: RM10,000 | Maximum Placement Amount: RM2,000,000

check here https://www.maybank2u.com.my/maybank2u/mala...on_listing.page for all Maybank promos

see if got FD promo listed

once placed, no change to the rate

only impact if those step-up rates.

call to reconfirm

the diagram already stated effective rate between 2.25%-2.52% p.a

the T&C also have few calculation examples

try check back the placement receipt. what was the indicative rate stated?

placement = 17 Feb 2021
maturity = 17 Aug 2021
principal amount: RM5,000
indicative rate = 2.45% p.a.
tenure = 6 months
profit received = RM59.50


If i straight calculate like (e)FD, expected profit = RM60.75 (less RM1.25)

If i reverse calculate based on your received-profit, the indicative rate = 2.40% p.a. (less 0.05% p.a.)


----

i've placed 1 time back in Jan 2021 (matured Jul 2021), profit received is less RM0.01 (due to system), but the rate matches with my initiate placement.

This post has been edited by cybpsych: Aug 18 2021, 08:20 AM