Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

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

views
     
vanguard_15
post Dec 26 2022, 09:49 AM

Getting Started
**
Junior Member
51 posts

Joined: Apr 2009
I'm currently looking at the Ambank 4.5% for 18 months, but next month, I hear the OPR will go up again, so, is putting it in right now still worth it?
vanguard_15
post Aug 2 2024, 09:12 AM

Getting Started
**
Junior Member
51 posts

Joined: Apr 2009
QUOTE(ikanbilis @ Aug 1 2024, 10:16 AM)
You put fd 6 mths 10k at 7.15%

You must also put bsa 6 mths 10k at 0.25%

Overall effective rate 3.70%

Not worthwhile
*
Can help educate me as well? Does it mean that if I put in 10k for the FD, the savings account needs to already have an existing 10k as well or need to make a transfer to the savings account? I don't really understand what the effective rate 3.70% is for...Why is it not worthwhile?

 

Change to:
| Lo-Fi Version
0.0612sec    0.49    7 queries    GZIP Disabled
Time is now: 11th December 2025 - 06:14 PM