DECENT FLYER AND INFO FOR MBSB 5.5% PRIMEVALUE CAMPAIGN BUT HOW ABOUT SOME NITTY GRITTY FEEDBACK?
Thanks for the link and pix of the MBSB promo.
Noted that start of campaign on pix is 10 October and end on 31 December 2019.
Was told on 10 Oct that start later on 15 Oct (as mentioned in Q&A in the MBSB website link).
Anybody actually managed to place in the 5 regions, North, Central, South, East Coast, East Malaysia yet? Any delay in starting?
MBSB have a PrimeWin CASA-i campaign from 24 April 2019 to 30 April 2020. The existing flyer was minimum RM 100 in SA-i and RM 1000 in CA-i. Don't quite know how this works out when they stick the FD promo to it as a bundle as it affects the 4.25% Effective Rate calculation. If ignore the CASA-i part, then 5.5 x 75/100 = 4.125%.
While it is clear that 5.5% is for the FD part at p0m6 at 75 FD. The 25 CASA-i at 0.5% portion locked in for the 6 months needs to be clarified for the SA-i and CA-i portions..
The FD part is paid on maturity but the SA-i profit probably is posted on the end of each calendar month and probably not on monthly periods of the date of FD placement. All this not yet experienced at MBSB for this promo and has some possible effect at maturity.
Anyway for the PIDM crowd, this is still the top deal although the minimum of 30k instead of the normal 10k may be a problem for those with less available money.
As usual cannot do early withdrawal without losing out the FD profit and maybe the CASA-i profit. However how the tiny profit on the
monthly CASA-i profit is considered - no penalty or what? is still to be clarified.
I guess even at 4.125% is still currently the best.
I will be going there soon as my current FD maturity on 23 Nov.
You guys careful with UOB , just now i was not allowed to withdraw my FD because the officers says
i need a reason cos the amount is more than rm25k.
They only allow me to be credited into my savings account. Uob = penipu scammer bank..
Got such thing meh ??? I hav no problem withdrawing from hsbc , sc , boc before