Depends on the Pacific Trustee to process it daily as they have a lot of transaction from many not just from KDI

I suspect is one off as yesterday was quiet day for them

KDI bonus rate is until when?

How quick and easy is it to create account and move funds in and out?

until further notice...they only mentioned 'limited time'
prior to the revision, the previous promotion will end on 31 December 2022

registering is easy

however, would probably not be a good time to cash in now
the cut-off time is 11am, so they will probably process your application and cash in on Tuesday since Monday is public holiday

seem like the kdi save interest rate gaps btw fd & kdi getting bigger
maybe is time to move out some fund to lock in some fd promo?
not sure bnm still will rise opr or not, as the cpi mom dropped

Bonus rate of 3.5% is TBD and up to KDI discretion

About under 10mins and easy to create account

Move in and out funds before 11am will be processed and received within the same day depending on Trustee processing

I wouldn’t look at the CPI as it lagging indicator behind of 3 months in Malaysia 🤦‍♀️

OPR should rise to up to 3.5% in order to temper demand and inflation and rises will be in place still

I would start shopping around for FD promo but bear in mind if the recession is coming Banks would start dropping rates in order to force the liquidity into the market

got a email...asking 4 question thinggy...if no reply what will happen?

sourse of money thinggy

Anwar will come after you...he will not tolerate corruption!!
🤣

Nothing lah, they will just pester you with more emails. Just reply lah.

Hmm....so 4.5% FD at PBB for 18 mths is a pretty good deal now I suppose? Recession seems like inevitable, like Thanos.

aready reply ed

btw the interest felt kindda low now at kdi 50k @ 3.5%, the rest is just 3.0%

too bad i only got 1 bank public bank.....to get 4.x need other account to fpx in the money...might open new account haiz...very leceh 1

Aiyo, what's so leceh. Maybe you can open a bank with the better FD rates now. Bank Islam and MBSB among highest now. MBSB can do online for their promo rates, so could be better choice for you. Both banks opening account are relatively pleasants. But I read in FD thread the BI promotion quota might be full soon.

PS: Other than Bank Rakyat, I think I have an account with every other local banks. I am an ATM card collector....🤣

This post has been edited by CommodoreAmiga: Nov 26 2022, 07:44 AM

public bank promo efd via fpx there is no MBSB in the list..i just found out

You're right...i just checked. maybe open one Maybank lah, sure everyone accept.

Just done another placement at 4.5% 18mths at PBB. This time i discovered my OCBC FX is only RM10k, but transfer limit is 50k, so i transfer to another bank account and FPX from there.

This post has been edited by CommodoreAmiga: Nov 26 2022, 09:11 AM

fak and i went out to open bank just now.only to relize....bank no open todei.anyway.gonna open ambank since near my area

hahaha 3 days Holiday bro. Patience lah. Ambank limit is ok if remember correctly, should have 50k transfer and 30k(maybe more) FPX limit.

Banks with Jalat limit:
OCBC - 10K FPX
PBB - 20k FPX or Transfer (this is why i only do max 20k for PBB each FD each day).

I just checked my Pbb.

My transfer limit is 50k, fpx 100k. Is there no option to increase the limit for you? Mine has a option to increase or decrease and i set mine to be maximum.

You are premier/priority customer? Maybe that's the reason.

Yes - i am a Red Carpet member.

Didn't know they give higher limit to priority members.

i just checked a normal SA in PBB
transfer is RM50k /day
FPX is RM100k/ day

try go profile maintenance, change limit there


Attached thumbnail(s)

Ya. Ya.

Mine is the same as yours - same screen shown on mine as well. Can put limit up or down.

BNM requirements otherwise will account rejection 🤦‍♀️

4.5% for 18 months not that great 🤦‍♀️

Try smaller banks at 4.5% for 12 months will be a good deal

You don’t look at returns while having better liquidity 🤦‍♀️ Go compare it with monthly then you will see the difference