contestchris i think it won't matter as you'll still get charged annual debit card fees

otherwise, it'll be a good loophole right? order debit card but don't activate. don't get charged and yet enjoy good forex rates

I have done it. In at 4.212 (RM3,001.50), out at 4.184 (RM2,981.10). Lost RM19.95. Hopefully gain back at least triple.

I seem to be missing something here. Why would you buy and then sell?

if you alway have .100k deposit, you may exchange RM3000 to USD each month, you will get extra 1.6% each month (rm131.50), then exchange it back, it lose rm20 only. am i correct? if you dont exchang it back you can plan foreign weelky term deposit got high interest too 4%/annual. (min placement usd2k)
of course lah it have some risk on currency up n down

oh ok, so RHB smart has some promo going on

I currently have ~2k in my RHB USD account. How do we place the Term Deposit (1week~) to get higher interest?