Thanks for the update 
Just placed this afternoon 

Just received HL FD interest of 4.7%. Oh, step up interest ! Old FD promo in Oct 2015 !!Going to ask for lost interest over 2 days tomorrow.

Heading to MBSB for 4.2% nego interest tomorrow.  Anyone heard of any Jan FD promo from other banks ? 

Few forummers have asked about the amt for the FD. guy3288 has said >200k. I can only get it with higher amt. Anyway it is a nego rate. Try your luck. U may be able to get it with lower amt, who knows ? 

We (my relative) actually got 12 mth 4.2% also. Tops out at 4.2%

One of the cert:
[attachmentid=8350024]

Eh, anyone gotten any new year goodies from CIMB if you're a "preferred" customer ah?

what is the amount for getting 4.2%?

mbmb or mbsb?

MBSB not covered by PIDM?
Thanks

hsbc new to bank offer fd 3 mth 4.88% min 100k
This Promotion by HSBC Bank is from 27 December 2016 – 31 March 2017
T&C https://www.hsbc.com.my/1/PA_ES_Content_Mgm...l_offer_tnc.pdf

I called MBSB & they say max 4.1% for 12m & min 50k. Maybe those who got 4.2% is because principal is 6-digits.

I asked if interest is paid monthly & they told me only on maturity.

Anyone else got monthly interest from MBSB for 5digit placement?

Hi guys, for hong leong fpx transfer, if i want to transfer the money from maybank, do you know under which category i should the limit transaction? There are four categories i can set the limit, third party transfer, giro transfer, instant bank transfer or foreign telegraphic transfer? My guess should be instant bank transfer limit. Just want to confirm here if any forummer know the answer.

I think only maybank can go through multiple placement in one day

So you guys select the Interest 'add to principle' or 'credit to account'?

Based on previous experience, I would rather choose 'Credit into account', however wonder on the 'Extra Interest/Hibah of 0.18%'. Not sure back will decide at the end of the period or... ? 

Will it affect when we choose different Interest type?

Sorry, not really get you.

Is this what you meant?

I still can see this note.

Ambank BM has offered me 60 mths conventional FD @ 4.3% pa.
Interest credited to saving account every 6 mths.
Min amount not stated.

I did not actually ask him......but my placement is more than 100k

Thanks so much for the response. In terms of the 5 year FD, will I be able to withdraw the interest on a yearly basis or will I have to wait for the five years to lapse?

Cheers

The usual reason for saving money in Fixed Deposit instead of in Savings or other Investment
is the common general misunderstanding that FD rates are higher and safe.
Actually, this very much depends on the current situation, the kind of FD and effort needed, and the amount of money and cashflow in and out and the depositor/s situation.

For the first example, is 4.1% better than 4%? Take a look at the following if you do not understand:-

www.ocbc.com.my/personal-banking/accounts/360/

This OCBC 360 account is long running product, but it is not an FD but is achievable by most working people to fulfill the terms like transfer RM 500 of their salary into the savings account, spending at least RM 500 per month using the OCBC credit card etc It is not joint savings and the best benefit of 4.1% is only for the first RM 100,000 in that account. The question is whether you can or should spend RM 500 per month using the card.

In case, you are not so richly qualified, all is not lost in this second example. The very old BSN Sedar scheme offers you various benefits besides 2.5% + 15% bonus on the interest for the first year and 30% bonus on the subsequent years. Start small at the minimum requirement of  depositing RM 50 per month for 24 months. Slowly build up a number of Sedar accounts nest eggs as manage earnings, expenses and savings better which later could be used for other higher rated products.

http://www.mybsn.com.my/content.xhtml?contentId=129

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?

A daughter passes money or deposits voluntary contributions to her non-working housewife mother EPF account. The mother instructs EPF to credit  a fixed  amount on the 26 th of each month into her savings account. She can then withdraw it for use for herself or give/transfer  it to her daughter later.

http://www.kwsp.gov.my/portal/en/web/kwsp/...lf-contribution

The maximum amount or RM 60,000 per calendar year can also be deposited in January of each year or December. The earlier, the contribution, the more interest earlier. The contributions can be over various times but always taken as effective at end of month deposited for interest calculation. This can cater for people up to 100 years old. The great thing is that EPF allows you to specify the way the remaining money is distributed to your named beneficiaries bypassing any will problems (except Muslims who do not enjoy this). If you have more than RM 60,000 per year income, you can either do the same with another oldie like your father or else go for other choices.

If you are 55 years old and above, the will be neither penalty nor restrictions for making epf withdrawals.