HONG LEONG 8 month online Fixed Deposit/-i
Chinese New Year (CNY) 8-month Online Fixed Deposit/-i Promotion (“Promotion”)
The extra interest / Hibah rates of 0.10% will be credited into the Eligible Customers' Nominated CASA/CASA-i by 10 November 2017. For details, please refer to clause 13 of the Promotion Terms and Conditions.

This post has been edited by cyclopcom: Mar 6 2017, 09:38 PM

i have a question, for this hl efd if i set to auto renew when placement and the maturity date is today, can i uplift it today or have to wait until tomorrow since i noticed that the maturity date in hl connect now is still today ,means not yet renew,but the interest already paid. if i uplift today would it be considered as premature withdrawal? Thanks.

Thanks

Terms and Conditions

12.

a)No interest/profit is to be paid on any eFD / eFD-i Amount uplifted before the completion of three (3) months.

HLB / HLISB reserves the right to claw back and deduct an amount equivalent to the interest/profit paid to the Eligible
Customers in respect of the eFD / eFD-i Amount which is prematurely withdrawn, from the principal eFD / eFD-i Amount upon withdrawal.

i remember i'd mentioned this before,refer to my post on Mar 4 2017,the extra interest will be credited into the CASA by 10 November 2017.

From my experiences,cimb is the worst bank, or at least one of the worst,

-staff is quite annoying, always ask customer to update personal info frequently
-website is unreliable and unstable ,from newspaper reported last time been hacked and some people lost their money.
-fd promo infos are chaos, different branch got different rate, some even not publish and have to ask them then only tell you,just feel like they don’t like customer to place fd.
-fd placement website some got special rate and some don’t, but this easy to break by just use different link,so their system is unreliable.

is this promotion protected by pidm? since it did not mention it in its t&c pdf. Thanks

Thanks,your info is more helpful than others who provided the same info before.

i guess increase 0.25 percentage point.

perhaps can consider put in foreign currency FD,especially in USD, better rate and also can earn from currency ecxhange.

Thanks, because i saw these rate by maybank and is quite attractive

7 July 2022
1 Week 2 Months 3 Months 4 Months 5 Months 6 Months
USD 2.10 2.62 2.73 2.87 3.00 3.20
GBP 1.48 1.58 1.80 1.90 2.10 2.30
AUD 1.75 2.05 2.30 2.53 2.67 2.85
HKD 0.85 1.20 1.65 1.75 2.00 2.35
JPY 0.06 0.06 0.06 0.06 0.06 0.07
CAD 1.90 2.10 2.05 2.50 2.60 2.75
NZD 2.30 2.45 2.75 2.90 3.10 3.30
CHF 0.06 0.06 0.06 0.06 0.06 0.07
EUR 0.06 0.06 0.06 0.00 0.00 0.00
SGD 0.00 0.00 0.00 0.08 0.25 0.35
MYR 2.51 2.68 2.71 2.76 2.80 2.85

anyone ever place foreign currency FD? can share your experience? any charges from bank? any different from normal fd?Thanks.

USD
maybank 2.73(3m) 3.20(6m)
cimb 1.65(1m) 2.10(3m) 2.60(6m) 3.30(12m)
alliance bank 1.80(1m) 2.50(3m) 2.80(6m) 3.20(12m)

This post has been edited by cyclopcom: Jul 8 2022, 07:27 AM

FYI, maybank FCA rate already reached USD:3.6%(6 months) or 3.85%(1 year) and CAD:3.55%(6 months) or 3.75%(1 year).

I expect the coming FED meeting will raise some more these rate.

Today,maybank FCA rate already reached USD:4.45%(6 months) or 4.7%(1 year) ,and cimb Foreign Currency Fixed Deposit rate already reached USD:4.45%(6 months) or 4.75%(1 year).

The rising speed of fd rates in USD is very fast ,already greatly surpass malaysia fd rate ,moreover ringgit is expected to depreciate further.

looks like islamic bank(Bank Islam,Bank Mualamat,Bank Rakyat,MBSB) is completely crushing non-islamic bank in FD rate.

i just checked maybank efd and found that under conventional fd(non campaign) 15 months, the rate shown 5.3%!!! is this true?

and i did not see any promotion rate as mentioned recently under islamic fd from the drop down box.

not RM12, this bloody bloodsucker charge RM15 annually.

I am thinking of open a public bank account, but before that I found that public bank online banking website require at least Google Chrome 109/Microsoft Edge 109/Mozilla Firefox 109/Opera 94, my pc browser does not meet the requirement, I just want to know that anyone able to access public bank online banking using browser below the requirement?

If there is no interest rate hike, do you think the ringgit will fall below a record low 4.88? if this happen then anwar and bnm should be blamed

due to low deposit rate in malaysia ,foreign currency deposits is increasing significantly since 2021.

2 months ago Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani said “Demands by corporates and investors to invest abroad, exporters holding back conversion, importers purchasing foreign currency and hedging well ahead before its necessary. Individuals, businesses, opening foreign currency accounts and converting their ringgit savings for the higher foreign currency interest rates.Undoubtedly, collectively, these add further downward pressure to the ringgit,”