Is it better to put under Versa 4.3% or MBB Islamic eFD 4%? I'm aware that PIDM does not protect Versa's money. It is a small amount only for me to park somewhere to earn some pocket money. No intention to withdraw soon.

Coincidentally, my HLB eFD 4.13% for six months matures today; it's time for me to take it out and put it somewhere else.

Yeah, I also reckon that's a better choice for me.

Just got a push-in notification 40m ago via MAE app about this 4% 7 months eFDi.

Just came across Be U and registered an account. Seamless process and immediately managed to transfer fund for the FD. Nice app I must say. Thanks for sharing guys. Perfect for me to save some fund for short term.

Just added another BeU eFD, so every time I place a FD, I will need to go through the verification all over again? I thought only the first time.

I need to take photos of IC and fill in occupation etc. Is this normal?

I placed twice so far. Once was for 6 months and another one for 12 months. I will place another 6 months in two weeks time, let’s see if it prompts me for verification again.

Maybe ikanez can advise? Is it something I did wrongly?

Raised a query, and kudos to the team for calling me back on this issue. It's because I don't have an SA in Be U, so I have to go through this process every time. Additionally, once you attempt to place an FD, you cannot abandon it halfway, as it will become stuck and unable to view other placed FDs. This needs their team to cancel it on the backend. They said they will provide feedback to the team for future enhancement.

No worries. Glad that my feedback helps. Unfortunately, the team hasn't deleted the placement that I abandoned and I still cannot see my earlier placed FDs. I hope they won't take too long to do it.

Thanks for the information. I shall wait patiently, hopefully can be removed by this Friday.

Nice.
Can I ask if foreigners also can apply? My foreign colleagues who are working in Malaysia (with work permit, earning MYR) are also interested.

I see, but still can enjoy this rate too, or just the BIMB board rate?

That's nice! I will inform them.

I was wondering why not use the Be U app, as it also offers 4.0%? It's straightforward to do. I have recommended my friends and sister apply for one account via the app, and they have started placing their FD. My suggestion is to open one Be U Qard Savings Account-i as it is only RM 20 to open one and it allows RM 0 to maintain the account. After opening the account, you can transfer out the RM 20 and leave it as RM 0. Next time just transfer fund from other account to Qard SA-i and place FD from there.

So far those people I introduced to love the app. Very cute UI as well.

I also had this issue, so the trick is to open that SA and transfer fund to that SA and from there apply for FD. I was never asked anymore for those verifications. I raised a ticket and their CS told me this is the solution.

A few hours? My sister did her first time eKYC on last Saturday, it was approved almost instantly, just a few minutes for everything. She got her FD ready right after that.

I'm not sure how it was in the past as I only got my account in May, and it was OK for me except for the verifications which the SA can solve. So far, those I introduced to have no issue and like this app.

This post has been edited by fruitie: Jul 2 2025, 04:39 PM

If one doesn't have Be U SA, then it is not straightforward. Every time will need to go through the troublesome verification (scan IC, fill in occupation etc).

Yes, it is. It also advertises on LYN.
I have put a bit there as well.

Yes though I have a BIMB account before this but it is not related to Be U it seems. I shared my experience up there. I will still suggest to open one via Be U app, not BIMB.

ChatGPT said RM 3525.00.