FD promo rates at UOB till 31/5
7 months 2.6%pa
9 months 2.75% pa
Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only
Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only
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May 26 2020, 07:55 PM
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#1
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Junior Member
269 posts Joined: May 2020 |
FD promo rates at UOB till 31/5
7 months 2.6%pa 9 months 2.75% pa |
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May 26 2020, 10:53 PM
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#2
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269 posts Joined: May 2020 |
QUOTE(GrumpyNooby @ May 26 2020, 07:56 PM) The promo rates are for placement OTC only. As for the other question, I think it has been answered - can withdraw online at the Internet Banking. Can withdraw on the same day as the FD mature without any penalty. One thing to be aware, when place FD at promo rate (OTC), was told it will be automatically renew when mature. So, either have to withdraw manually using their Internet Banking when mature or amend FD instruction in the Internet Banking before it mature so that the funds will automatically credit to your savings account upon maturity. If not, banyak rugi kena renew at board rate if we don't notice it. |
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May 27 2020, 11:04 AM
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#3
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QUOTE(Human Nature @ May 26 2020, 10:15 PM) Thanks for all the replies. Just realized that still need to go UOB this week to withdraw cash OTC to avoid CASA being dormant. Actually, no need to go to the branch. Withdrawal online when mature or set instruction to credit Casa upon maturity. Then, transfer out using IBG or DuitNow. Savings account will not considered as dormant as long as there is a credit to the account - you will achieve this when FD amount is transferred to your Casa. If want to be sure, just transfer rm1 from other bank account to this UOB Casa.June will be a heartache month as few FD maturing. Will divert a bulk of them into BR as their 2.75% 12m is the best bet for now. This will avoid u to travel all the way to the branch during MCO or CMCO period. |
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May 27 2020, 01:40 PM
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#4
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May 30 2020, 12:29 PM
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#5
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269 posts Joined: May 2020 |
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May 31 2020, 01:13 AM
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#6
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269 posts Joined: May 2020 |
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May 31 2020, 10:53 AM
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#7
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269 posts Joined: May 2020 |
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Jun 2 2020, 09:41 AM
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#8
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269 posts Joined: May 2020 |
Just got this info from the RM.
Not publish on website but it is valid at the branch; i.e. OTC UOB June FD promo 7 months 2.65%pa 9 months 2.75% pa |
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Jun 3 2020, 01:20 PM
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#9
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QUOTE(buddy @ Jun 3 2020, 09:01 AM) if i m using uob credit card..but without any savings acc or fd with uob..m i still eligible for 3.30% with 10% casa? Good question. You mean you only have UOB credit card and no FD/CASA account. You might want to contact any of the UOB branches to clarify before dropping by, if and when you decide to. Some banks, NTB means totally new to the bank Some banks, NTB depends on each segments like credit card one segment, FD/Casa one segment, loan one segment. So, differs from bank to bank. |
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Jun 6 2020, 12:03 AM
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#10
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Jun 8 2020, 04:43 PM
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#11
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QUOTE(BoomChaCha @ Jun 8 2020, 10:06 AM) My FD will mature in Bank A. Quicker way is to transfer to another bank account, where you have cheque book. I want to renew this FD in Bank A. But Bank A says to renew this FD, it has to be fresh fund. So, in order to renew FD in Bank A on the same day, can I do all these by noon time on the same day (so that do not lose any interest)? (1) I rentas this FD from Bank A to Bank B early in the morning. (2) Rush to Bank B. (3) Rentas back to Bank A from Bank B (4) Bank A receives fund from Bank B as fresh fund. Is this method possible? Or do you guys have any better ideas? Thanks For example: 1) FD in Bank A mature 2) Go to Bank A and rentas or IBG to Bank B (current account with cheque book) 3) Place FD at Bank A with your cheque (drawn on Bank B current account) 4) Remember that there will 50sen charge to your Bank B current account for cheque processing fee. Keep in this in mind so that you don't "over-drawn" in Bank B current account In summary, you just need to go one bank; i.e. Bank A. |
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Jun 8 2020, 04:48 PM
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#12
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QUOTE(klks34 @ Jun 8 2020, 04:03 PM) Hi, If you prematurely withdrawl all your FD amount, then interest accrued will be forfeited. If interest is credited monthly to your CASA, then there will be a claw back.Let say if I put an amount into FD for a period of 6 months. Then after 3 months I withdraw out the FD, will I be able to get the interest for the 3 months? Or the interest will be forfeited and I will get nothing? However, some banks offer partial withdrawal and it depends on the type of FD. For example: FD amount is rm100k for 12 months @ xxx% After a few months, you need to withdraw rm30k In this case, no interest for rm30k but the remaining rm70k will continue to earn interest till its maturity. |
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Jun 10 2020, 10:57 AM
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#13
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Jun 10 2020, 10:59 AM
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#14
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QUOTE(BoomChaCha @ Jun 9 2020, 09:57 PM) Thank you for all of you's reply. No, placement with cheque is counted on the date u placed the cheque and NOT cheque clearance date. Actually I figure out the only solution is to do double rentas. Because Bank A will use at least 2 working day for check clearance. I do not want to lose 2 days interest, so I have to do 2 times of rentas in the morning like below. And I need to make sure Bank A will receive "fresh fund" from rentas on the same day. (1) Bank A rentas to Bank B (2) Quick quick rush to Bank B (3) Rentas back to Bank A from Bank B (4) Bank A received "fresh fund" from Bank B on the same day. But the big risk is that cannot guarantee if can do 2 rentas successfully in the morning before noon cut off time. Bank A is MBxB which needs 2 working days for check clearance. This save work from travelling to and fro from Bank A and B. |
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Jun 10 2020, 12:17 PM
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#15
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Jun 14 2020, 09:49 AM
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#16
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QUOTE(David_Yang @ Jun 14 2020, 01:11 AM) I would not call it savings plan, I would call it sales charges plan Bear in mind that PIDM only covers rm250k per person per bank (conventional and Islamic treated separately).The 3.00 from BR are pretty hot. If only I would not have placed so much $$$ already at BR. And if they would be a PIDM member. |
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Jun 24 2020, 08:41 AM
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#17
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Summary - seems the best rates so far:
2 months - MBB (online) - 2. 43% 3 months - CIMB (online) - 2.45% 6 months - Ambank (online) - 2.65% 7 months - UOB (OTC) - 2.65% 9 months - BR (OTC) - 2.80% (no PIDM) 9 months - UOB (OTC) - 2.75% 11 months - BR (OTC) - 3.00% (no PIDM) 12 months - RHB (online) - 2.80% |
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Jun 24 2020, 12:40 PM
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#18
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Updated
Summary - seems the best rates so far: 2 months - MBB (online) - 2. 43% 3 months - HLB (online) - 2.60% 6 months - Ambank (online) - 2.65% 7 months - UOB (OTC) - 2.65% 9 months - BR (OTC) - 2.80% (no PIDM) 9 months - UOB (OTC) - 2.75% 11 months - BR (OTC) - 3.00% (no PIDM) 12 months - RHB (online) - 2.80% |
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Jun 24 2020, 10:12 PM
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#19
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Updated
Summary - BEST rates so far: 2 months - MBB (online) - 2. 43% 3 months - Affin (online) - 2.68% 5 months - Alliance (not too sure online or OTC) - 3.00% 6 months - Affin (online) - 2.88% 7 months - UOB (OTC) - 2.65% 9 months - BR (OTC) - 2.80% (no PIDM) 9 months - UOB (OTC) - 2.75% 11 months - BR (OTC) - 3.00% (no PIDM) 12 months - RHB (online) - 2.80% |
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Jul 1 2020, 04:07 PM
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#20
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QUOTE(majorarmstrong @ Jun 29 2020, 10:57 PM) i want to ask - possible to buy shares that give good dividend and stil dont have capital loss? no gain nvm but just want to make sure no capital loss saja There is no such thing as share with no gain no loss. Shares are not capital guarantee.any suggestion? as now the rate really headache |
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