MBB doesn't offer 4.88% rate 12 mth in klang area

CITX BANK is offering  up to 5% FD rates for 3month
only valid for New to bank customer ,IT is pure FD ,Min RM100k and max capped at RM500k . you can ask me for more detail.

Ya. This promotion from BM is eligible for both OTC or eFD as told by the staff today. I did OTC FD today, but they highly encourage me to do e-FD in the future.

It is mentioned in the T&C that the Fixed Term Account-i Special Rates Campaign that eFD is done thru their i-Muamalat Retail  Internet Banking. There is no mention of FPX.

Minimum is 5k per placement without any maximum but subject to not exceeding the target cap for each of the tenor you choose.

You may choose to auto renew at prevailing board rate but whether this really implies there is a good option to not auto-renew but credit to your SA. This part should have been more explicit and clear.

The bank will give 21 days prior notice on their website if terminate the Campaign. Seems that the bank knows how to improve their PR from their last big promo when they catered for FD customers caught out still collecting for their offer when they wanted to close early after good response. This certainly helps customers to plan how much FD principal could be placed.

In general this particular T&C is a much higher standard than most other T&C of other banks.  

Now we just hope the banks can write a T&C or some examples on how their periodic payments are done with regards to calculation, rounding, payment dates and location of the bank's state to reach a more canggih level. The schools don't really teach financial literacy, so the banks should do it for their good.

They would ask u to open a saving account 1st. To have online banking ,u must get a debit card RM12 per annum. To put eFD, they will ask you to bank in the money to your saving account 1st, from that then you can proceed to put eFD.

Can I open an account with Bank Mualamat online without going to the branch?