Around how much can nego?
Do we need talk to manager? i dont see any advertisment on MBSB website.

Thanks so much for the response. In terms of the 5 year FD, will I be able to withdraw the interest on a yearly basis or will I have to wait for the five years to lapse?

Cheers

so many different rate confusing a little.
Let's say i'm 26 yet to be 27.

What would you suggest for maybe 500k? Best if can withdraw monthly else yearly.

Just back from OCBC..they extended the 4%@12m promo with monthly interest till further notice. Hurry before it's over

Does PB mean Public Bank?

same as you, omg, where should I park my money now also!!!

Hi sifus, i see alot of good rates (4%++) being mentioned here from branch bank but I couldn't find any from official website. Do you go bargain with the bank counter/ service of the branch?

Assuming I have RM 40,000 for FD, should i try to bargain with the branch bank or just search for promotions available from official website?

In BR to withdraw FD. Have nego before. They do not have FD promo currently. So nego for 1 year from 3.7% board rate to 3.9%. For 2 yr can offer nego of 4.1%. 5 yrs 4.5%. Up to March month end only. April offer not known yet. 

I think BR 5 yrs 4.5% can consider better than AmBank 4.35%.

Anyway moved to CIMB at 4.2% 12 mth. This is only for CIMB Preferred customer. For normal customer, CIMB FD promo 12 mth 4.1% for conventional and 4.05% for Islamic FD.

[attachmentid=8660585]

I did not ask but was offered that rate with my matured FD. Would think should be >100k. Nego with BR and see, may be it is lower ! 

does anyone know the new gia-9 months can be done over maybank2u or must it be done over the counter?

Any idea about monthly interest for the 4.2%?

Will try to call tomorrow. What's IIRC?

I have two bank CIMB and MML on the same row in my place. I opted to go to CIMB for the 4.15 as I don't have 100K with me. Got umbrella, pen and their mascot optoposs. No wonder not many people go for it even when it wednesday wow day promotion as MML offering 4.5! I move from ambank which offer 3.25 and maybank 9 month at e.f rate of 3.95 and UOB at 3.9 as I don't have the 100K to enjoy their special rate. CIMB staf told me if you got 250K - you can enjoy special rate!!!

A bit surprised that CIMB dropped the Preferred 12 mth rate to 4.15%. Anyway for major banks, their rate is still the best for now.

Terminated one CIMB 4.2% FD placed 2 weeks ago. Moved to CB for UT/FD combo for FD 9.99% 3 mths.   

Monday planning for Bank Muamalat 12 mth 4.5% FD.

In MBB today, not sure if the info was posted before. For those interested in short terms FD, 2 mth 3.65% min 25k.

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Why every month? Every maturity of FD u mean?

In BR this morning. Their current offer:

1 year 3.9%
18 mth 4.1%
30 mth 4.2%

so RENTAS out the matured FD, still unable to get any cheque from them. Later went to HL to place for 12 mth 4.3% FD.

Earlier asked AmBank, only able to get 12 mth 4.25% for fresh fund, miss out a little bit to HL. 

Most of you young people don't realize that you'd save
far more if you put your money in the EPF, rather than
hunting high and low in the banks.

Firstly, higher interest.

Secondly, it's forced savings. You won't be tempted to take
it out (a large portion anyway) until you reach 55.

The EPF will accept self-contributions not only from employees,
but nonemployees as well -  business people and students,
unemployed, retirees, anyone who wants to put money there.
http://www.kwsp.gov.my/portal/en/member/me...lf-contribution

http://www.kwsp.gov.my/portal/en/employers...ute-voluntarily

For employees, you can fill in the form to ask the employer to
deduct extra monthly, or you can just give them a draft for a lump
sum whenever you have the money, up to a total of RM 60,000 a year,
including the amount your employer has deducted under the law.

For all others, just put in any amount you like up to RM 60,000 a year,
whether monthly or a lump sum, whenever you have the money.
The EPF's interest has remained relatively stable over the last 50 years
(in contrast with the banks), wavering between 4.25 to 8.50 percent.

http://www.kwsp.gov.my/portal/en/about-epf.../dividend-rates
Taking 6.375 percent as an average.
Say you put in RM 50,000 lump sum now.

Then follow up with RM 500 a month.
If you are 30 now, by 55, you'd have RM 616,000.

EPF interest is compounded daily.

http://www.calculator.net/interest-calcula...it=0&x=111&y=23
Or you just put in say RM 20,000 each year.

By 55, you'd be a millionaire.

http://www.calculator.net/interest-calcula...it=0&x=115&y=21

Latest from KFH,
the effective rate can be much higher due to
1. upfront profit payment which you can reinvest in another fd,
2. higher rate in the last month.

No, unker too lazy to calculate, count it yourself.