I dont think its direct FD or its only for new account holders. Maybe someone who took this offer can clarify?

i am facing a conundrum. my ambank fd rm60k just matured  yesterday. i wanted to renew with ambank at their new promo rate of 4.08 %.   i was planning to transfer out the 60k to maybank then transfer from maybank back to ambank so that it would be consider as fresh fund.
but the problem is ambank told me that their system will identify  such transfer pattern and reject it as fresh fund.  can anyone advise a work around?

It will take more than 1 screen to show all the FD promo info currently available in conventional FD, Islamic FD, Islamic Investment similar to FD and eFD. This is diregarding normal board rates, bundled products and special one time promos for selected customers, branches and non-retail (individuals) customers and all pure FD products meant for specific segments, or negotiable rates.

Hi Sifus, can anyone share my queries below:

I'm quite interested to place my e-FD with Maybank especially with the current 4.1% promo.
1) If I decided to uplift my placement before maturity, will the money transferred back to my savings acc immediately or there's processing time?
2) What's the difference between the types of FD placement below, and which one do you think is better?
Conventional, GIA-I, MDA-I, Islamic

Actually, there is no real reason to be concerned about Islamic deposits. Most of the fear simply stem from people's lack of knowledge / understanding on it. The difference lies mainly in the concept used. Islamic FDs are as safe as conventional ones. Islamic banks cannot simply change the rates for Islamic FDs once you placed the FD. Some Islamic FDs might have higher interest rate & extra features like monthly profit or upfront profit.

Islamic investment like GIA on the other hand is different in the sense the profit & capital is not guaranteed. The rate is usually higher but it is indicative only. Islamic deposit account & Islamic investment account are completely different although they are both offered by Islamic banks.

Thank for the info. My bad, it's 3.83%. So for E-FD the uplift will immediately transfer my placement to my savings account also?

Exactly....a lot of hearsay...

Am Bank
4 month 3.6%. Minimum 200k. Free 20in Condotti trolly bag.

8 months 4.08% for priority customer extended till end of May

initially i thoufght of going for either 1 year FD at Bank muamalat (4.5%) or CIMB (4.1-4.2%).

The General election is coming and if the stock market drop substantially i wanted to have some flexibility to buy into it. also interest rate might be going up soon. After thinking about it, i do not want to tie down my money for 1 year and I am now looking at a shorter term FD.

which bank has good short term for RM 250-300k?

do i meet the requirement for Citi Bank 4.88% for 3 mth? HSBC 4.88% for 3 mth (from their website). any other?

Just checked PBB this noon.

Sorry OT abit

Throughout my banking experience from mbb hlb cimb alliance

Albeit putting substantial sum of FD, why no people gov me any gift one ?

U guys sounded like they just walk over and hand to u.. my experience is dun have anything, not even a diary

Dam... face problem ? Or area problem ? Or wad ?

Latest is cimb.. also 4.2 placement n got ntg..

OK, went to Bank Muamalat branch this morning. Got the FD cert after 25 minutes. Good service !

Not hearsay, below are what I gathered:
- no monthly interest
- FD cert on same day but effective date 1 day later. I used personal cheque My relative used BC, same 1 day eff date
- can combine cash, personal cheque or BC for the FD placement
- cannot break into <100k per FD cert, each FD cert has to be 100k and above
- BSA start with RM100, minimum RM20 in acct
- For internet banking need to open CASA, need debit card which has yearly RM12 fees

Did not open BSA acct as has to maintain RM20 inside and no monthly interest. Only advantage is if RENTAS in large fund and can get FD effective same day.

Was given a golf umbrella without asking ! 

Whoops, can get monthly interest. If FD is RM500k or more ! So those with large fund, can ask for it. Missed this round ! 

Please note below effective date 30th Tuesday. So happily collected the cert today. No need to go back to collect it. No hearsay either ! 

I have gone to Jalan Ipoh branch recently but parking is difficult there & unfortunately, line was down that day too but customer service is not bad, they explained everything in detail.

Maybe if wear singlet and slippers got better chance?   
BSA pays lower interest than some other savings they got.
The savings account thingy only if you want to rentas of do some ibg or ibft from various accounts from other banks to make up the principal you want to place. Otherwise, it is compulsory if you want payment of monthly interest into the saving account with a minimum 500k placement. The savings is more than RM 61 for each day of delay. You may then want to have ATM card and internet banking to shift out the interest of less than RM1900 per month if too troublesome/costly to go to the bank.

Hey guys planning to open a new account to start my savings, which one would you guys go for and why? Also I'm going to Canada next year to further my studies so it would be nice if the bank is recognized globally and have a branch there as well

Sorry but what's the difference? Newbies here    But I'm guessing savings?

I have 15k to save up so which product would u guys recommend?

I dun mind saving up to 12 months

If possible abt 4% return

i do have HLB acct but might be inactive already unfortunately the offer ends today

I do not have uob, ambank or affin acct

I only have cimb n maybank acct presently. Do they have anything similar?

Yes, but its still displayed on their website. Not sure if they forgot to take it down. Those who want could try their luck.

HLBB Digital Day

Im pretty sure even the counter staff have yet to receive the new memo. No matter what, the 4.17% is still good imo.