Easiest way to solve your problem is to deposit your 500k into MBB and you just fpx from MBB to HLB.

I made total 17 fpx transactions from MBB to HLB in 1 day and that was in Nov last year.

Good for those who already reach above 50 years old and bad for me who still have quite a journey to reach 50 for time being

I will never think of stockpile my $$$ in epf although it's able to generate higher return than fd because of restriction and limit in withdrawal

I don't think there is much for me to enjoy with the $$$ in epf when I reach 55 to 60 yrs old

Anyway this is my own personal opinion

[quote=Deal Hunter,Jan 15 2017, 02:39 PM]
1) If your age is below 50, this does not mean you cannot withdraw at all. You can but depends on the conditions set for the account or you migrated.

Thats why I said earlier got limitation and restriction if compare to fd for full flexibility without any hassle

2) For the third example, is +5% or +6% better than 4.3% , 4.5 % or 4.7%? Do you trust your mother or father who is over 55 years old, or you just want them to have some spending money?

For me I will not go thru such hassle to gain merely add 1% - 2% + you can only deposit max 60k per annum under epf voluntary contribution whereas I can easily deposit millions in my fd to earn interest and compounding interest which will lead me to my desirable lifestyle until my retirement. Understand?

This post has been edited by chrisoth80: Jan 15 2017, 06:09 PM

Went to HLB today to place conventional fd @ 4.05% for 6-months. Must be fresh fund

Place this over the counter and yes you need a savings acc at least


I still prefer hlb for the the monthly interest and the interest portion itself that i'm going to receive will allow me to earn extra hence able to reach around 4.15%

I still prefer 6 months over 12 months because there could be better fd promo after 6mths but this is my personal assumption

If compare with br then hlb will be better choice especially you are moving out large amt.

Did you try to nego with br?

You must be very happy now as you may have find a new home for your upcoming matured fd frm br.

Not a bad idea to place in mbb gia to earn some interest since mbb allow us to place multiple fpx in a day

I went to cimb yesterday and not their preferred customer. Met with their BM to ask for fd rate 4.2% . She told me need to get approval from hq and minutes later she suggest me to join as preferred customer

I also choose islamic fd with monthly interest

They gave me 4.2% and ask me to join preferred which I don't mind as long as the rate is good and most importantly the interest will be credited to your casa monthly

I didn't get any welcome gift. The affin promo also not bad with slightly better rate and longer term but I will always go for those with monthly interest

I didn't know about Prime until I asked the BM if there is any referral program for preferred

Made 3 placement within 2 weeks at CIMB with the latest one today still able to get 4.2% for preferred

BM told me for non preferred the highest rate they can offer is 4.15% starting today but another BM from other branch whatsapp me the highest rate for both preferred and non preferred is 4.15% also starting today

the branch tht i place with today no need to req for approval and it was done on the spot within few min.

As for the other branch need to get approval but still cant get 4.20%

went to hlb to uplift my fd today. my fd matured last friday 22 sept and hlb automatically adjust my maturity date to today due to last fri was a public holiday

move my moolah from hlb to ocbc islamic fd to enjoy monthly return of 4.10%

Successfully place multiple transactions. All fpx transfer done from MBB

haha..that 15x already safely parked at cimb. Interest will be credit to nominated CASA on monthly basis as stated in this promo tnc and to be safe I also choose "Interest credit to account" during placement

Extract this from tnc

11. The Eligible Customers are required to nominate a CASA / CASA-i Account maintained with HLB / HLISB under the individual name of the Eligible Customers (“Nominated CASA / CASA-i”) for the purpose of crediting the interest / profit earned under this Promotion. The interest / profit earned will be credited into the Eligible Customers’ Nominated CASA / CASA-i on a monthly basis.

I have fd with cimb matured on 11/5 and the date was automatically adjusted to the next business day which is today and interest was calculated until today as well.

I saw the new maturity date when I login to cimb clicks last friday

I renew mine early may and today at higher rate @ 4.30% with monthly interest for preferred

Yes. I go to the branch. You can check with your rm. I got 4 30% since early this month

Yes but for preferred. I renew without any extra condition like fresh fund and etc

Mine matured on 11/5 and it was automatically change to 14/5 when I login to my online banking

I went to the branch planning to uplift and place with UOB that time and then the rm told me she can offer me same rate 4.30%. This was early may btw

Good to know you got better rate