Hi sifu,

Just like to seek you advice on the below.

Once that banker cheque is bank in the saving account, can the fund still be considered as fresh fund if I want to place this fund to FD at the counter the next day?

thank you

Yes, it's still considered as fresh for the duration of 7 days. However the definition for fresh fund may be different for different banks.

True. Depends on the bank, some bank 3 days some bank 7 days still considered fresh fund. You should check the FD TnC, it is stated there clearly.

Today RENTAS fund from HL to Bank Islam (BI).

Went to BI to place their 2 yrs step up FD of average 4.65%. Got the cert the same day. About 30 minutes from opening of FD account to getting the cert. Interest every 3 months. Got a diary as gift

FD shown in online account already. Was told their PB is only 100k, so now their PB already.



This post has been edited by bbgoat: Jan 8 2019, 08:44 PM

PB has any extra goodies?

This post has been edited by siawyent: Jan 8 2019, 09:22 PM

Did not ask as not really interested in that. More on their FD offer. Moreover the staff said they will submit my name.

Anyway for BI has to send your fund in first before placing FD. Using cheque will have to wait for clearance. But someone said differently ?? Anyway to be on the safe side, I RENTAS in to get FD cert the same day.

MBSB offer me 2 yrs 4.65% with monthly interest, but don't want to place too much eggs in one basket.

many thanks both

Thanks for the info.

Yes, that's me that kena 1 time to wait 2 days for cheque clearance for Fd cert. And they didn't offer me to be PB that time, so wondering what is the the benefit to be BI's Pb.

Better to IBG or RENTAS in the fund on the day of FD placement for BI.

HLB efd no longer give monthly interest.

MBB 4.28 pa.

is it only for premier holder?

cimb 4.5% 6m still available? any cimb efd promo now?

have u tried?

if u try, you'll get the answer.

yea. just checked it.
250k lol

can buy bond ad.

I remember last year cny promo wasnt that high. 50k iinm...

this year minimum also 100k. that's alot...

mbb promo usually won't more than 50k iinm.

Hi bbgoat,

Do u need to have an account (example savings account) in BI prior to RENTAS from HLB ?

Sure u have to have CASA account there. Better open one first. Then when the day comes, xfer fund there. Then can get FD cert same day, same effective date as well.

yes, just did it yesterday still available.