Noob here..

So the highest promo @ 6m FD right now seems to be from Agro Bank @ 4.1% via OTC.

What exactly is the process to open a FD account? From this thread it seems to differ by bank, with some requiring opening a savings account in tandem.
Also, what is the best way to transfer the funds? Again, from this thread there seems to be quite a few options including personal cheque, bank draft, GIRO, RENTAS etc. And all seem to have different limits and fees.

Has anyone else gotten this SMS from AmBank?

Wonder that the catch/T&Cs are

AmBank's latest rates:

Are there any other FD products similar to AmBank's Advance Profit Account-i ?

Made a placement during the 4.5% 11 month promo last year thanks to this thread and the next day FULL interest payment is just brilliant.

It seems other banks only offer quarterly or monthly interest payouts at best.

Too bad the current AmBank FD rates aren't too attractive (see my previous post).

Sorry not sure. Don't think they enforce it strictly as they also offered me those rates.. It might be because my account qualifies as SPB but I'm not sure at all lol

The board rate is 2.55% though..

I guess a foreign currency FD in SGD would be a good idea given how it almost always appreciates against the MYR.
When I was at AmBank recently the branch manager recommended exactly this (foreign currency FD @ SGD) instead of other currencies like USD despite the higher interest rates
IIRC the USD FD had a higher interest rate @ 5%+ while the SGD FD was 4% or lower.

Btw does anyone have recommendations for a good foreign currency FD? I recall earlier in this thread someone mentioned that RHB's one had decent rates..

Any idea what the requirements are to be entitled to this Premier Elite account?

Eg. some banks will automatically upgrade your account to their premium tier accounts if your deposit hits a certain threshold and thus you are eligible for the better promo FD rate.

Wow that's quite a hefty amount

Err why are you asking me the exact same question I just asked???

IIRC that Citi 4.8% promo required a min. deposit of RM 1 million wasn't it? Somewhat high but not excessive as HSBC's RM 3 million lol

What about the details lol
Duration? Min/Max placement amount?

From a quick Google search it seems you need RM 300k to qualify for HLB's Priority Banking status.
Not sure if HLB Priority Banking is the same as HLB Premier though..
The only Premier I've come across is 'Hong Leong Business Secure Premier' but that seems to be some sort of insurance scheme

Standard Chartered had a 4.88% 12m promo early last year iirc though there was a minimum deposit requirement of RM 1 million. Purely FD.. Remember reading about it in this thread

Any idea how long this promo is valid? For new or existing customers? And is 300k the max? Thanks