must online transfer or can do it over the counter ?

my mom OCBC fd was due last week, the person in charge told my mom today they are giving 6mth 2.55%
if Affin don't have to go through online transfer, then will choose Affin

so can do it over the counter ? bcos she dont have the Internet Banking.haha

thanks. i ask her go Affin to confirm before taking the OCBC out.haha

i think counter also can bcos my mom don't have internet banking.
the person called didn't mention, just said 2.55%.
will try to ask tomorrow

AFFIN Bank 6mth 2.25% 12mth 2.15% ?

i though it's a typo error.haha
AFfin don't want but other bank want lah

yes，OCBC 2.70% but my mom forgot it's 10M or 12M
they offer my mom 3.90% Saving Insuarance (something like that) for 24M

just confirm with my mom, this is the one OCBC offered her

is this one good ?

This post has been edited by senghock: May 21 2020, 10:28 PM

it consists of a booster a/c , step up and ,Maxsure2
for example, if we want to invest 100k
1) BOOSTER a/c - have to open if u dont have one.
- the function of this Booster a/c is to topup for the STEPUP and will get 3.1% (1.9%+1.2% ) for 6 month starting from the day register when your BOOSTER a/c have at least 20k inside
if you have less than 20k in your BOOSTER a/c, normal saving rate will be given
the interest of 3.1% in 6 month is calculate on daily basis

2) STEPUP
- the left chart is called STEPUP which is a saving insurance by Great Eastern
- When register today u have to bank in 20k and the remaining of 80k need to bank in at 22/5/2023 (20k), 22/5/2024 (20k), 22/5/2025 (20k) and 22/5/2026 (20k)
- You can also choose to bank in RM1666 monthly in which you will get the return by about 2k less compare to paying yearly
- The 20k (topup yearly) or RM1666 (topup monthly) will automatically topup from BOOSTER a/c, so have to make sure there is enough balance or your agent will be reminded by your agent
- have to invest at least 10years to get return, if terminate during first 10 years there is penalty and the money you get back will be less than 100k you invested

3) MAXSURE2 - 3.9% annual Rate
- the maximum amount you can invest in this SAVING INSUARANCE 3 times of yearly payment ，so it's 3 x 20k = 60k
- after one year, have to put in 60k again to get 3.9%
- 1st year 60k and get interest of RM2340
- 2nd year bank in 60k and total of SAVING INSUARANCE is 60k+60k=120k, so will get another RM4680 of interest

sorry for my poor english and hope you guys can understand

This post has been edited by senghock: May 22 2020, 09:08 PM

what do you mean ?haha

you are most welcome, i am glad that u can understand what i am written.haha

what do you think about this plan ?
according to OCBC they are using conservative 5%++ yearly return for calculating the STEPUP return and the return rate might be higher.

looks like only for EXISTING depositors/customers

A. Campaign Eligibility
1. This campaign is only open to the following individual with Malaysian citizenship
including Permanent Resident (PR):
a) EXISTING Term Deposit-i depositors (individual, joint and trustee);
b) EXISTING customers who hold or subscribe any products of Bank Rakyat.
Bank Rakyat employees are EXCLUDED from this campaign.

This post has been edited by senghock: Aug 7 2020, 06:36 PM

what other document is needed if no name in all utility bills

these three is the highest among all.OCBC few days ago whatsapp 2.10% just now ask 2.05% only







This post has been edited by senghock: Aug 9 2020, 05:16 PM

can over the counter ?

Affin FD only up to RM250k is protected ?
https://www.affinonline.com/save_on_your_terms

This post has been edited by senghock: Aug 9 2020, 05:52 PM

then if > RM250 k have to pray very hard.haha

my mom put FD for 11 month 2.75% at Bank Rakyat Batu Pahat today after withdrawing the expired FD from HLB, she don't have any a/c in bank rakyat so just open new saving a/c and provided the receipt of the HLB FD withdrawal

Over-The-Counter also can

https://www.rhbgroup.com/245/index.html