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 Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only

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damos_csui
post Jun 23 2021, 05:19 PM

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QUOTE(mcr342 @ Jun 10 2021, 02:53 PM)
Theres some website will conclude best fd promo every month you can google.

Ambank i think now can open new account on their phone app, you can check their official website might have some tutorial.
Some promo can do eFd on their app via FPX, but i will prefer to go to branch la
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hi sifus,

just wanted to bump up this as I'm in the same boat and new to FD world..
i have few more related questions regarding FD opening:

1. if go directly to branch, can just open FD account (without saving account) or still need to open saving account first?. if can without saving account, how to transfer more than the instant/FPX transfer limit into the FD account?
2. if opening in the same bank using eFD i assume there would be no limit to transfer between our saving account and the FD account right?
3. and if I open eFD, how long does it take for the money (and its profit) to be credited back into my saving account upon maturity?
4. and lastly, this is more specific to CIMB.. while maybank2u has the 'instruction on maturity', cimbclicks don't have. so upon maturity, is it automatically renewed or automatically stop and transferred back to my saving account?

sorry for the noobs questions.. thanks all

damos_csui
post Jun 23 2021, 09:08 PM

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QUOTE(Human Nature @ Jun 23 2021, 06:45 PM)
1. Depends on the bank and the FD promotion T&C. Use banker's cheque/cashier order under your name.

2. Yes, as far as I know of.

3. Instantly if you select it as your instruction. IIRC there is a bank that only credit the interest the day after, but maybe I recall wrongly.

4. Automatically renewed at board rate.
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thanks!! appreciate the prompt reply! thumbup.gif
damos_csui
post Nov 26 2021, 01:35 PM

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QUOTE(cybpsych @ Nov 25 2021, 02:10 PM)
user posted image

eIFD-i & eFD via FPX Campaign [ Maybank | T&Cs (Islamic) | T&Cs (Conventional) ]
Capping Period: 23 November 2021 to 30 November 2021 OR upon reaching the campaign target, whichever is earlier.

Transfer your funds from other banks to Maybank Online Islamic Fixed Deposit (eIFD-i) / Online Conventional Fixed Deposit (eFD) using FPX on the Maybank2u website.

Hurry! This offer is on a ‘first come, first served’ basis and available for a limited time!

Should the capping limit for Conventional eFD be exhausted, customer may make placement via eIFD-i instead, subject to availability of funds.

Rates

Enjoy rates with minimum deposit of fresh funds RM1,000 (for 2 months and above) in a single certificate for Retail Individuals / Existing Joint Account holders only.

eIFD-i / eFD Campaign Rates
Tenure for Eligible PlacementseIFD-i / eFD Campaign Rates (% p.a.)
2 months2.21%
3 months2.23%
4 months2.24%
5 months2.25%
6 months2.32%

Should there be any Overnight Policy Rate (OPR) change, the offer rates may be revised.
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maybe i shouldn't be asking this, but for this type of campaign (where only for funds from other banks - or so called 'fresh' fund), if i first transfer out money from my maybank account (non FD) to my bank B account and then the next day or so create this eIFD-i / eFD and transfer the money again from my bank B via FPX, will it considered as fresh fund and eligible for this campaign? this campaign's TnC doesn't seems to cover this scenario.. hmm.gif
damos_csui
post Nov 26 2021, 01:52 PM

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QUOTE(Human Nature @ Nov 26 2021, 01:36 PM)
You can do it on the same day too  wink.gif
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haha thats even better, good to know! biggrin.gif
thanks
damos_csui
post Dec 10 2021, 01:38 PM

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QUOTE(mrhseinpingq @ Dec 9 2021, 04:06 PM)
finish
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already placed mine thanks to Human Nature prompt reply that day.. notworthy.gif
btw if you still looking for 2% and above rate, cimb extended their eFRIA-i promo


 

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