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Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only
TOHNO
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Oct 23 2017, 12:39 PM
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Getting Started
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Newbie to FDs here
So I previously have RM2K saved up at Maybank ( my parents help me did it when I was young , about 5 years back )
Now I have an additional RM5k lying around
Question is would be smarter if I take out the RM2k and put in another 5K so the interest will go higher ?
OR
Open a new FD for the RM5k ?
I did my calculations over and over and I'm still unsure
the RM2k FD seems to currently maintaining a 4 % interest rate
while a RM5k or RM7k would generate 3% interest rate
it's a Maybank account FYI
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TOHNO
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Jan 15 2019, 10:52 AM
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Getting Started
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Hi all
I'm surveying through FD rates today and I realized CIMB offers an insane FD rate
For a FD of RM10,000 they're offering a 4.4% return a year.
That's insane !
Considering the closest competitor offers 3.9% / year ( Bangkok Bank )
I'm using Maybank and they're returning 3.3% / year
hence I'm wondering is there a catch for their high returns ?
How are they customer service etc?
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TOHNO
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Apr 29 2019, 03:13 PM
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Getting Started
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Hi there guys !
I've heard from a friend that Affin is offering 4.15% FD rate PERMANENTLY which is a lot higher than their competitors
is there a catch to this ?
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