Just made a call to UOB. Below is the latest FD promotion, valid until 31 Dec.

4 month : 3.80% p.a.
6 month : 3.85% p.a.
9 month : 3.90% p.a.
12 month : 3.95% p.a.

Fresh fund required.

For Maybank GIA-i, is there any charges for premature withdrawal ?

Hmm... no more FD heat for January as compared to the preceding year.

Where did you get the latest info about PBB FD promo ? I have checked their website but no relevant information can be found.

Thanks for sharing. Same effective rates as UOB 12 month FD. I'm not sure whether I can make the placement in the conventional bank.

I'm not sure whether they can collect a total of deposit whopping of RM 888,888,888

Assume everyone deposit 30K, it would require a minimum of 29,630 depositors to hit the target. Just check the campaign will end by 28 February and there is a calculator at the e-banking login page, which indicated the accumulated fund

This post has been edited by FDInvestor: Jan 9 2017, 09:36 AM

For HLB FD Promotion, the T&C stated that even the targeted fund size is not met, there is possibility the bank may award Eligible customers with extra interest. I'm so curious how the bank will compute the extra interest. Probably will be (Accumulated Fund / Targeted Fund Size ) x 0.18% ? Currently, the accumulated fund has achieved more than 50% of the targeted fund size

This post has been edited by FDInvestor: Feb 18 2017, 10:16 AM

The campaign looks unappealing to me. Effective rate is only 3.95% for 9 months

This post has been edited by FDInvestor: Apr 7 2017, 03:49 PM

May I know how the interest is calculated ? According to the T&C, the bonus interest is capped at RM 93.97 per account throughout the promotion period.

For promotion FD which offers higher interest rate,normally the 2 minimum requirements are:
(a) Fresh fund
(b) Minimum Placement 10K, but some did offer at 5K

This post has been edited by FDInvestor: Jul 11 2017, 02:17 PM

Fresh fund refers to your money originated from others banks. Assume Bank A is offering FD Promo, the fund must comes from other banks and not existing fund in Bank A.

You may post your questions here if you are unsure of FD Promo's mechanism.


I hope this has cleared your doubt.

This post has been edited by FDInvestor: Jul 11 2017, 06:02 PM

Thanks for the sharing.

Why it is called as PayDay ? Just read the T&C, the interest will be credited to saving / current account in a monthly basis instead of daily basis.

I have placed RM3,600 for 12 month with GIA. After 8 days, the closing amount still remain at RM3,600. I read from the website that the profit will be calculated on daily basis. What is the underlying reason for the scenario I have encountered ? Need the help from sifus.

I'm so disappointed that Maybank GIA did not update and calculate the profit in daily basis. Now, the profit is calculated upon maturity. Anyone know when this has started ?

Thanks for the info. This make the GIA don't have the advantage against FD. It is definitely the management approach to cut down expenses payable to GIA customers.

Hi all FD sifus,

Is that possible for OPR hike by end of January ?

UOB Fixed Deposit Promotion (May 2018)
1. 4.00% for 4 months
2. 4.15% for 7 months
3. 4.25% for 12 months

Minimum requirement:
1. Fresh fund and min. 10K
2. Interest will be credited to saving account

Top Yield Account has different interest rate based on the amount deposited. Thus, the effective rate for this campaign will vary based on the amount you place for Top Yield Account. For amount below RM 10K, the interest rate for Top Yield account is 0% !!!

Hmm, Easybook is not a bank. Below are a few of their T&C

1. Not all deposit will be approved by Easybook.
2. Maximum top up per transaction is $5,000 or equivalent to RM 15,000
3. The interest earned or cash reward is not allowed to cash-out. The cash rewards can only be utilized to purchase product or service at Easybook
4. The withdrawal is not instant and process will take about 1 month

This post has been edited by FDInvestor: Jul 8 2019, 02:12 PM