Btw what are the requirements to open Islamic FD?

Hi avdnowhere,

I also thinking of CIMB 12 mths 4.4%, or Ambank 12 mths 4.3%.

I just called CIMB, it ask me to go to bank counter

Can you share your findings after you visit CIMB counter tomorrow pls?

When the promo will be end?
I am planning to go CIMB tomorrow.
Btw what are the requirements to open Islamic FD?
Is it same as the conventional FD?

Hi avdnowhere,

I also thinking of CIMB 12 mths 4.4%, or Ambank 12 mths 4.3%.

I just called CIMB, it ask me to go to bank counter

Can you share your findings after you visit CIMB counter tomorrow pls?

No requirements.

Same as per conventional FD. Only difference is how interest are given and calculated only.

went to cimb in the noon, supposedly wanna place FD 6m@4.4/4.5%pa like others
but then one of the manager approach me & offer me PCA + 3m FD @ 6%
condition like below
- PCA 25% of fund, rest 75% goto FD
- FD is 3m @ 6%pa
- PCA 1st 20k 0%, after that 1.8%pa... if got alot (like 2mil+) can get 3%
then she write alot until i so confused
tell me the average out punya pa i get is 4.83% if i opt for this method
then got islamic & conventional (islamic can pay dividen in advance???)
end up i opt for her proposal and take the conventional PCA + FD,
but they ran out of ATM/debit card so i just get slip... since there's incident on cimbclicks ... i guess at this moment i just go OTC for everything dulu ahahah

wanna ask all the finance sifu here... does her proposal really better than just take 6m FD @ 4.4/4.5? I went to HLB they offer the same CASA + FD@6(new) or 6.18(old cust), but then the distribution is like 10k FD + 7.5k CASA ... wanna ask for more detail, they just give me the face like no bother ... so i didn't bother also.

hi may I know what is PCA and CASA? thanks

Personal Current Account,
Current Account Saving Account

if I understand correctly.

hi may I know what is PCA and CASA? thanks

Thank for the info MBSB 4.6% 13 month.

MBSB is Maybank?

MBSB 12 mth FD can get 4.6%, 13 mth can get monthly interest. But please call to confirm your branch able to give that promo offer, nego with them.

Maybe able to get even higher with bigger amount. Please don't ask how much !! 100k or more. 

Add CIMB 12 mth 4.4% can get monthly interest, 6 mth 4.5% no monthly interest.

MBSB 12 mth FD can get 4.6%, 13 mth can get monthly interest. But please call to confirm your branch able to give that promo offer, nego with them.

Maybe able to get even higher with bigger amount. Please don't ask how much !! 100k or more. 

Add CIMB 12 mth 4.4% can get monthly interest, 6 mth 4.5% no monthly interest.

Nego with MBSB, 24 mth can get 4.65% with monthly interest. But I guess 13 mth one more attractive. Shorter term.

I think PCA should be preferred current account / priority current acc..

cimb 6m 4.5% available over the counter only? any maximum placement like 500k or how many mil? i wonder why some will choose longer term with lower interest compared to shorter term higher interest, because of the monthly credit interest or something

i couldnt found any 4.6% info in their website, guess it's only can be done over the counter.. what is the minimum placement that we should have in order to have the power of negotiation with them?