Quite true. Especially foreign banks. Public bank usually has one of the lowest rates for FD as well. 

Nowaday very susah & tedious to open a new bank account lah ...

I heard it is because got money laundry case happened,
those "kepala" ask their "kaki" to open many many bank accounts with different branches then they use those accounts to do money laundry

BNM new policy to limit CASH withdrawl for 1 day to max RM25K, if over, must submit additional forms

All these is to control the money laundry activities lah ... 

Cimb now 3.9 for 6 months. Just deposit today.

PBB eFD 4 months @ 3.18% with FPX

https://www.pbebank.com/CMSPages/GetFile.as...4b-694e3a8ba832

it's quite simple

follow this guide >> https://www.pbebank.com/Personal-Banking/FA...it-Account.aspx

no, this is placement directly from PBB Account.

in PBe eFD, you will choose the "From Other Banks Account" to transfer the fund from. After this, you will be redirected to the "other bank"'s login, authorize/approve the transaction, then it will redirect back to PBe.

Yes you can. for eg HLB https://www.hlb.com.my/en/personal-banking/...ed-deposit.html
However I suggest u do SSPN-I instead.

IINM historical data shows SSPN-I interest will be higher than FD rate.
You may check the dedicated SSPN thread about how to open SSPN-I/SSPN-I Plus account via online.

needed people to spend spend spend & not keep in banks 

later become like those developed countries..

1% or lower interest rate 

If you hold 100k cash when the FD is 4.00% you lose RM 4k a year.
If you hold 100k cash when the FD is 2.00% you lose RM 2k a year.

So cash is even more the least attractive option" when the interest is not so low as it is now.

Maybank: Islamic Fixed Deposit Mid – Year Campaign [ Maybank | T&Cs ]
Campaign period: 12 May 2022 – 5 June 2022

Gain financial stability when you do Islamic Fixed Deposit-i placement and be rewarded this festive season!

If it's 2.35% as stated, you will get the 2.35%. The front of how islamic FD and conventional FD works is the same. Usually it's just belakang the bank has to make it "halal".

I'm not well versed in islamic banking but i do have a little bit of working knowledge of islamic finance. The idea is they cant pay you interest because of riba so they model it in a way that is shariah-compliant. The most common term you may hear and also pointed out in the ringgitplus article is profit sharing (aka  mudarabah). This is permitted under shariah.

If you want to know more i suggest relying on bank website instead of places like ringgitplus. I have seen badly written articles that i never really trust them but i admit i'm bias. Hahaha.

I have placed Islamic FD in several banks and treat them the same as conventional. Received the interest based on the stated rate.
https://www.imoney.my/fixed-deposit-islamic

What's your tried and tested formula to grow? Please share your knowledge. Thanks.