IMHO it's not. The effective rate is only 2.98-3% only and plus you will need to maintain a 1:1 ratio.

Yeah, only interesting if you want to invest in this ASN products anyway. The sales charges of 4 and 5 % are ridiculous, so at least you can halve it.

Yes, the sales charge aka commission is a big turn off. Initially investing with this product would already cause a loss to begin with.

I was about to sign up for this bundle as well last month, but after going through the T&Cs with their representative, I feel that it's not that worth it, as they require you to pump in a significant amount to both FD and savings account, and you can't spend the fresh funds you included in your savings account. I think it's best if you head over to the counter and discuss with them face to face.

I think not really worth. Their sales charge is expensive and so far the VP fund performance is soso....

MBSB PrimeValue bundle ER 4.25 % p0m6 minimum 30k FF till 31 Jan 2020..
Bank Rakyat 4.1 % board rate. p1m60 with minimum 5k AF.
Alliance Bank 4 % p0m6 minimum 10k till 31 Jan 2020.
OCBC 360 savings 4.1 % for up to 100k.
Minimum acceptable 4 % to 4.1%. Best 4.25 % promo rate..
Negotiable 4.4 % 5 years.

I am just an old retired  person who tries to understand by comparing different possible FD calculations and explanations from bank staff. I am just one of those people who move from bank to bank looking for the best possible returns without getting fooled by the banks. My task is to generate sufficient returns to look after financing the medical and care payments  of infirmed parents. The detailed and continuously refined explanations/surveys  of FD developments helps me to plan for possible future scenarios. The explanations hopes to encourage people to get better rates by comparing good deals against bad deals. The knowledge here is not merely a free sharing gift but a form of financial education in real world situations/experiences/lessons so that my children will one day be able to achieve better on the foundation of understanding the nitty gritty when it is time for them to take over the burden.
Some of my various background activities had been mentioned in my previous posts but off topic as this is not place for biography/biodata/resume.
If you want to learn or look at my updates, just click on the "Show posts by this member only" above any of my posts.
I don't work for any of the banks or get paid to promote them. More like a critic/consumer hoping they can be made better.

For 12 months,

Affin now 3.9%

BSN now 3.45%

Maybank 3.10%

For Affin and BSN, i have never opened any accounts with them, not sure about their efficiency/customer service in KL branches.

Im leaning towards Maybank (though drastically lower rate), can straight apply through savings account e-FD (which i already got m2u savings).

Any tips?

Went to CIMB, was told that CIMB preferred FD 3.9% for 6 months

Went to Affin, the bank staff said they no longer have 3.9% for 12 months. They have only bundles, all below 3.8%.

Went to Alliance and placed 6 Months Fixed Deposit - 4% p.a, 10k minimum in casa, no earmark but cannot withdraw, can only withdraw upon maturity. Bank staff said pure FD 4% for 12 months no longer available (ended on 31 December 2019).

The CIMB 3.9% is only for preferred.

Correct me if I am wrong, Alliance's 4% with 10k minimum in casa has no capping on fd amount, I think if you place more than 500k then you can get effective rate >3.9%. For example, 500000 x 3.9%=19500, 490000 x 4%=19600, 10k in casa, a very minor difference though.

Is e-FD?

I do it walk in ...

Yes, i think among all HLB still offer the highest

Anyone knows that can we cancel our RHB FD through online, if the FD PLACED otc

can do e-fd, not sure about otc

Which branch? u should complaint.... u can opt for mthly .....