This is why...instead of sakit kepala pusing-pusing trying to make a few extra peanuts. Just buy bank stocks when price is attractive to earn dividends. Seriously, why crack your brains earn peanuts when you can let the smart people earn bananas for you?

Thank you mod!

That fella so annoying!

Btw, not sure if this is appropriate for discussion here. Does anyone puts FD in Singapore or elsewhere? Planning to park some money is SGD for hedging purposes.

CIMB SG has 2.3% FD now. I think those are board rates you mentioned. Same like here, always go for promo rates. Anyway. It is for hedging purpose. Split my portfolio, dump some money there for safekeeping in case things go the Sri Langkan way here.

If after 12 mths...SGD 1=RM4? That is why we call it "hedging".

Noted and thanks. Moved my discussions there.

Does anybody have this issue. I found out RHB FD is like cheating customers. If your maturity date is today, you can't withdraw until tomorrow or you will lose all your interest. When tomorrow you withdraw, it will say you lost 1 day of interests! I don't have these kind of issues with other banks so far.

It's done online. This is not the first time, previously also like that. Or is because different instruments? FD vs Term Deposit? Or maybe Conventional vs Islamic?

Oh, i think i have been using the new website for some time. I remember old website got this "Uplift" function, i don't see it now. I think one issue now, the approval period of 30 seconds is too short. Sometimes mobile notifications takes a while, usually i barely made it with a few seconds left.

Yes, the secureplus thingy doesn't work, never works previously. Only recently the new website has been updated and their mobile app updated to make it finally works.

Agree. All the while Maybank is like...no fak given to FD depositors. You suka you mali, you tak suka keluar.

Does it means they are not doing so well?

It would be impossible for me to do OTC with so many bank accounts and split FDs. You can't run away from the future. Just be internet savvy and do your due dilligence. Etc, install a good paid internet security on your phone, don't download any apps other than critical and major apps like Google Apps, Waze, Whatsapp only. Use a SafePay browser when accessing bank account on PC. Don't download unnessary apps. Don't click anything anyone send to you. Have a separate phone if you want to play mobile games and browse porn sites...

There's case of internal fraud by some Financial Manager recently, FDs also can go missing even if it's not eFD. Nothing is 100% safe.

Glad i am not the only one seeing this! Really Horrible Bank! But the secureplus thing is now finally working using the new website.

Yes, BBMB (Muamalat) even weirder. Can't make aN e-FD placement over the weekend! Even their computer system demands to work 5 days week.

Arghh! I have just put a 2.4% for 3 mths yesterday to some other bank.

No. Small sum only.. just RM 10 difference. Lol.

I would usually split to 20k, because that is the lowest daily limit transfer of some banks. This will will allows you to transfer out to another bank on maturity date without problems usually. You can do smaller to 10k if you treat this as emergency funds as well.

September should have 0.25 OPR increase. But I think we are still very slow to catch up to US. I wonder if we will 3.25 to 3.5 by mid next year?

Bank Rakyat I didn't have account with..very mah fan since only one branch in KL if I am not wrong. They can do e-FD?

Harimau still sleeping? Can't make FD placement for Islamic FD. System is off line blah.

Just managed to do it. The FD has increased from 2.75% to 2.8% for 6 mths now.

Dunno wor. Maybe they randomly Suka Suka...this is why they don't want to show you the interest rates before making placement.

I have a Basic SA account with CIMB. Afaik, there is no charges. Don't remember them charging me anything. What is your CIMB account type?

i believe mine is type one. No fees. And there is an ATM card, if no ATM card you can't withdraw money nor register online. So that basically says ATM card is provided. But likely you can't use it as a Debit card, which i don't care anyway.

Maybe because i opened this account back in 2020 i think. Maybe rules different now.

This post has been edited by CommodoreAmiga: Aug 9 2022, 05:44 PM