Deal Hunter,
Thank you for your always wrote many and share it.
I know this is FD thread, but you ask the KWSP staff?

I not sure, but if you're employer, you and your company need contribution your EPF till 75 year old, but if self contribution you can contribution till 100 year old equal you can received dividen till 100 year old, after reached 100 year old your money still can stay in EPF, then till you death. If you no mind, no matter after 100 year old without dividen, but the EPF still allow self contribution.
Above sentences is mean, whole life you can self contribution EPF RM60K per year without age limit.
Above I wrong or not? Thank you.

Dear Hunter,
Sorry of my bad English and I know this is FD thread, so just reply only.

I think the branch staff nothing problem, only I want ask, then the staff told, if want compare the quality in my feeling, good, welcome, nice and willing help, but before I not ask so many questions and I limit, unable full detail ask, only I remember the staff not counting year old, then told this old person can self contribution, no need register, but not like you told only till 75 year old then unable top up anymore.
My feeling of above, EPF very encourage public top up, so I guess only, less possible cannot top up after 75 year old, but this is your real experience, so noted of this and thank you so much.

Below can info(in year 2015) what happen after 100 year old.
https://www.thestar.com.my/news/nation/2015...rrent-age-limit
EPF: They can leave money in fund after current age limit

I ask "Believe" in EPF thread and I search in Lowyat thread, then all is info below.
Online bankin want 3 days working days, then shown in your EPF i-akaun.
You need saw the bankin amount shown in your EPF i-akaun at "1st month year", then entitled month and after months you can received dividen.

I test some very small amount thru online bankin also want take 2 days. (If now your situation very busy, trouble and headache, If you want contribution, KWSP so far of your location, now you can consider thru online, ok, I not feeling any problems.)
No, the staff told remember cannot top up over RM60K per year, if over what happen, I forgot ask.
Because I consider ask 3 person to EPF(but results is all rejected me) so I also ask other questions, this is depend different situation, I cannot wrote here what of my questions, but I think you no only FD, also very details of EPF too, so you knew.
Other extra questions, I think thru Internet hard to get, if need only can step to branch ask.
Cause all rejected me, so maybe my other questions of EPF, I just give up to find answers at this moment.

If you not share, I cannot create "till 75 year old then unable top up anymore" question, before and now, you teach me a lot, thank you but I still like no brain and standard very low, feeling many like hopeless, if no really need not dare any, so take it easy.

I feeling you also very ??? when want handle your family events, so you want more relax. I not want disturb you many.
Good night.
Thank you.

Sorry, still some reply.

But the concept maybe still same, at least no new announcement. Look like EPF charge, but charge the rules to more flexible and benefit, like fund 0-0.5% sale charge.
The point is stay the EPF after 100 year old no dividen, but the money still can stay in EPF, no go to unclaimed money, this is maybe is a Malaysia Law, but I can't sure, if you 110 year old pass away and do a nominee and your nominee still survive, the money still stay in EPF and your nominee can request it.
I think EPF really special. Consider person whole life and after life like that.

Cause I forgot ask, so the 75 year old limit I don't know, if now really unable, I think maybe more require will charge too, because if after 75 year age still able contribution, EPF why not accept.

[quote=Deal Hunter,Sep 3 2019, 12:45 AM]

[/quote]
That Star article by Neville Spykerman and others on 23 April 2015 long ago overtaken by implementation of the mentioned proposals and other new things. The problem with googling and internet is always got outdated info.

[/quote]

Deal Hunter,
Sc 7:3, I not sure, but the Effective rate maybe more than 4.++%.
https://www.sc.com/my/promotions/fd-deposit-campaign/

Your banks list really more, but you can consider check with SC, HSBC and Citibank, maybe they have promotion FD. This three banks always less promotion FD, so less people check or info here, maybe sometime can miss it. If you wish only, I just wrote, you can consider add above for full list, so you can assumed completed.

yslysl, I think not, depend your amount. The SA not 0.25% with depend your amount, but finally effective rate not 4.7%.

then the Cookie101 reply me
Effective 4.04 / 4.49% - dependant on placement amount.

After this, I guess Dear Hunter ready checked it so "17) SC - no pure promo."
But before this FD 7 : SA 3 depend your amount, normally can >4.++%, no need purchase unit trust and others.
I also not sure and don't know.

After I saw you wrote, I feeling this is really OMG. You can get the Cookie101 answers.

SC - Cookie101 - Effective 4.04% / 4.49% - dependant on placement amount.

This is mean OMG of not your thought.

Basic RM100K can get 4.04% only?
Then each month put 3k in SA get 2.5% for 6 months. Total RM18K earn the 2.5% interest. Total Effective rate still 4.04%?

If can't do above, maybe effective rate is 3.29% or 3.365%.
I can wrote still high than 1 month FD, but really feeling sadness, naive person helpless of everything, all damn the naive person.
Naive person, above event told you, if you unable know the details, less person will told you.

Very sadness, this is like no matter you don't believe, ask, told what you want, the person ..., you finally still can get foolish.

Dear Hunter, if you knew and curios, you'll silently self get the definitely fully answers, this is really very good attitude. I don't know why you can like that, hardworking, responsibility, careful and details, so I think you finally or always belong or received back what yourself doing.

Maybe who's get above, not lose but the brain like that, not genius, talent, smart... feeling can't help. Future hopeless. OMG. Very OMG. How can I do, naive person not self take care, who's care you.

Thank you.

I think I unable or not want get answer, for me I prefer pure FD, not SA.
No matter I don't know deposit 3k each month how much interest and do what for "MEPS transaction bonuses" to get 4 % - 4.49 %
If have RM118K and saw your wrote, why want choice CS? Now, want FD just CIMB hassle-free and can partial withdraw.

CS (100K*4.04%/2=RM2020) + (18k*2.5%/2=RM225) = RM2245
CIMB (100K*3.9%/2=RM1950) + (18K*3.9%/2=RM351) = RM2301

If miss the mission, the rate will drop to 3.29% or 3.365%, this is really sadness. The date you put not full month so SA counting dairy and every month which day put also can. Still a lot questions.
If depositor don't know above, the bank staff not told or misleading, this really really sadness.
You like master of FD so you don't like or choice too complications FD, but others unable deal with bank staff or ???, so finally self lose.

I just feeling sadness, less person care above and care each other. Who's want should self care, so I sorry of you, I just curios can > 4.++% why here not news, you can details like that, other if careless this is really not your business, only I feeling sadness, care is care but maybe unable do it or still get foolish or personality make can't deeply and details. Waste you a lot time, energy and so on, you should more relax of your own events. Thank you.

Deal Hunter,
Thank you.
Yes, thanks, your way easy compared Effective rate between CS 3.805% VS CIMB 3.90%

This is separate two types.
A.)If you have cash at hand but monthly saving low.
B.)If you have cash at hand but monthly saving high.

Who's care the depositor is type A or B, but type A normally old, not rich and rely the interest for living, if you know the depositor situation and all info should not suggest type A go below.
If type A have RM118K at hand and look for CS EF 4.04%, no matter SC still give you EP 4.04% of all total Max RM300K, but when monthly top up finally result lower that CIMB EF 3.90%.
Below way can lower the overall effective rate, this is I felling really sadness.

If you put RM100k, then each month top up, overall total still count with effective rate 4.04%, but I guess like below situation.
RM100k * 4.04% /2 = RM 2020
RM 3k * 4.04% /12 = 10.1 * 5 months = RM 50.5
RM 3k * 4.04% /12 = 10.1 * 4 months = RM 40.4
RM 3k * 4.04% /12 = 10.1 * 3 months = RM 30.3
RM 3k * 4.04% /12 = 10.1 * 2 months = RM 20.2
RM 3k * 4.04% /12 = 10.1 * 1 month = RM 10.10 Total 5 months = RM 151.5
RM 2171.5 of Effective rate with monthly top up 3.7765%

RM100k * 4.04% /2 = RM 2020
RM 3k * 4.04% /12 = 10.1 * 6 months = RM 60.6
RM 3k * 4.04% /12 = 10.1 * 5 months = RM 50.5
RM 3k * 4.04% /12 = 10.1 * 4 months = RM 40.4
RM 3k * 4.04% /12 = 10.1 * 3 months = RM 30.3
RM 3k * 4.04% /12 = 10.1 * 2 months = RM 20.2
RM 3k * 4.04% /12 = 10.1 * 1 month = RM 10.10 Total 6 months = RM 212.1
RM 2232.1 of Effective rate with monthly top up 3.7832%

Above only for six month, now compared with CIMB hassle-free, partial withdraw and 3.9%.
Pure FD not need depositor do this do that.
4.49 % ER want add mission again, don't know want MEPS what, so I think depositor not prefer above specially old age depositor.
If you hand RM100K no matter SC allow you RM3K in out every month, but if RM3K no interest and now put CIMB (1950 + 58.5 = RM 2008.5) not very big different and above reasons.

Want full understand above don't know spend how much time, energy..., but for hobby, thank you for your teach.
Above still ok, if compared with 1 month FD and others, so at least depositor want care it, the FD ready unable defend inflation, early withdraw zero interest, interest rate big opportunity keep dropping..., so type A normally is naive person, if type A don't know, this is really sadness, cause I think nowadays less person willing any.

The news, if I not wrong FD deposit drop 1.1% compared with preview year, so no matter less depositor, depositor choice put high interest bank..., but the rate still keep dropping, this is mean maybe competition not a main point determine the interest rate. Power of depositor very small.

Again you should more relax, I think if you prefer pure FD or not very complicated FD, above just letting go. Thank you.

Human Nature,
May I know when you registered Ambank online banking, can select type of account such as saving account, atm, loan... and so on?
So you registered Ambank online banking can with BSA account number only? No need debit card with pin number?
Thank you.

Thank you for your reply. If I not miss understand this is mean Ambank online want key debit card number and pin to register.

I not for what, but just curios, you OTC apply before? Account name is "Everyday Savings Account". Why you picked this, want unlimited ATM function?
Your Ambank account min balance is how much?
When you used Ambank online such as, IBG, IBFT, utility bill, 3rd party or others you can received 2g phone method SMS TAC(No need 3g phone and app) no matter very small amount?

I think you can choice "BSA" or "True", maybe this two type account not need annual fee, but need pay card fee. If I not wrong, BSA RM12 high price than True RM10. Maybe after MCO or you need pay next year annual fee, you can consider ask can cancel old or not.

Thank you.

Ok, I'm just wrote for nothing only. I think you step Ambank apply account before MCO.

Thank you for your answer.

If I not wrong, OTC FD UOB then online UOB can. CIMB can't.

Thank you and good night.

Sorry of my bad English.

Before some promotion only available in branch.
When you make UOB Fixed Deposit thru branch, if you have UOB online no need go to UOB branch also can withdraw your UOB Fixed Deposit thru UOB online.
CIMB unable above.

Thank you.

Human Nature,
I unable answer your questions, but the FD without penalty, before mature day you'll lose the all interest this is assumed partial withdraw all.
I think your FD printed date shown the mature day, in the same day, you can call the branch to check or ask, or if your have UOB online, when you saw last interest ready bank in to your account, I think matured, free to withdraw.

Also GrumpyNooby, if I not wrong even lose the UOB FD slip also not need report police, this is mean you only bring your IC also can OTC withdraw your FD, but avoid trouble just safe kept and bring it when time come. Others bank also not need report police, just lose bank draft I think all want report police.

Now, UOB and others bank time operating is different.

This post has been edited by yourinfohere: May 31 2020, 08:40 PM

I not sure UOB can deposit then can avoid dormant or not, but before some bank can.
If UOB withdraw no matter OTC or online you can avoid dormant, then if you have UOB online and FD, just withdraw FD, after this use the IBG/IBFT withdraw to your any bank account, this step ready can avoid dormant UOB account.
If don't have FD only RM20, I think UOB online also allow IBG/IBFT withdraw RM1, then later you deposit back RM1 to UOB kept the min balance.
If not wrong, is like that, so at this moment better try call or email to get answers.

May I know who have experiences like below:

1.)The CIMBclicks if the account under Islamic unable place any efd at CIMBclicks?

2.)If today you place the efd you unable uplift today, at least you want wait 24 hours or tomorrow can uplift? This is no matter you place thru OTC or efd also same?

Both the new or classic normally not allowed today place today uplift?
The system will:
Account is not authorised. Reject code: [0076]

Normally start from next day efd can uplift or not?
or
Give you click efd uplift, but no matter you willing lose the all interest you unable uplift, because the system will error like above till mature day?

Any try early withdraw efd thru M2U or others bank efd? want wait how long, finally can or not?

GrumpyNooby, I remember mistake wrote, lose the FD slip or certificate not matter which bank no need report police, just lost the bank draft maybe want report police.
Before bsn can deposit avoid dormant a/c, maybe 1 year 1 time ready ok, I think till now still same.

Human Nature, OTC deposit/withdraw same like online/atm deposit/withdraw, I think only your a/c are dormant, then you need OTC or some can ATM active back you a/c, when active a/c no need identify, so all way same.

This post has been edited by yourinfohere: May 31 2020, 08:41 PM

Dear Hunter,

Below is counting FD? My standard unable, If you free time or ok can you example : RM10k, 12months, 3.99% how to use below formula?

Deferred Selling Price (DSP) - Commodity Purchase Price (CPP) = Profit (P)

Profit (P) = Profit Rate (PR) x CPP x Interest Bearing Days (IBD) / Divisor Used (DU)

ie P = PR/100 x CPP x IBD / DU

thus DU = PR/100 x CPP x IBD / P


May I know if you put in Jun 2019(non leap year) till Jun 2020(leap year) 1 year tenure, base your before experience, if Maybank will use "divisor 365" or "divisor 366" or "half 365 half 366 divisor"?

No matter small amount, yes, I think below benefit depositor
divisor use 365
with holiday interest
3 decimal rounding to 2 decimal

Above maybe just for hobby, can't do any. MBSB I don't know, but thank you.

Dear Hunter,

Thank you for your reply, too deeply things I think I unable, so just below.
I only meet UOB with half non leap year and half leap year, maybe start from non leap year first, so UOB not so aggressive till half 365 half 366. UOB whole year use 365 formula divisor then multiply with total days.
One example with OCBC whole year falling in non leap year, but maybe OCBC use the direct 2 decimal, so this example less 0.01 different, others OCBC I not back to count.
At least my most new info is UOB and CIMB always definitely same counting results, this 2 bank also willing paid holiday interest too.

Others bank, now I don't know, if have experience and opportunity then maybe can know, above just like example, at least some bank is willing use 365 formula divisor, paid holiday interest and rounding decimal, so if some bank not like that, maybe you only can consider letter this kind bank and BNM together.

Maybe you ego of your assumption, others, I think you hard to any, if you can feeling like that and you like Karma and others, then personally, if ok, you use the 366 days counting and paper wrote RM 99.72, also half 365 half 366, this kind formula nothing wrong, but you can note add like bonus RM 0.28 and paid RM 100 or more. If others Karma situation, you're receiver, if you ok, you can choice received RM 99.72 or less.
I think you very rich, but still can understanding of poor hard dependence life, so you rich in mind too, then if you ok, able, can and others, you not like that or you like that. The results maybe not about numbers, just like, I saw your some write and reply thru Internet till I can feeling your personality have polite, responsibility, detail, endure, care and so on, this all come from where and where will go.



This post has been edited by yourinfohere: Jul 13 2020, 12:18 PM

Dear Hunter,

Just add what I wrote before and now meet the result is like that, so you know and right.

This year is leap year 366 days, so if you put short period(still not till next year) in Maybank, Maybank not wrong, but really count with 366 days system. This time, my pre-count same results as Maybank.

Others bank I don't know this year 366 days still count with always 365 days system or half 366 half 365 if fd carrying forward in next year.

If next year, not leap year, Maybank use back 365 days system counting FD, this is mean bank system really can definitely cent cent counting or half 366 half 365 counting or half 365 half 366 counting or always 365 counting, if bank impulse 366 counting in not leap year specially Maybank, MBSB and others, maybe you can try argue this kind bank, then BNM.

Others bank if not aggressive, always 365 counting, this kind look like benefit customer, maybe just depend bank do/update their system or not do/still not update their system only.

Thanks for your before always update fd info, wrote something and others, maybe I received from your teaching. Thank you.



This post has been edited by yourinfohere: Jul 29 2020, 03:08 PM