hopefully 2feidei still gip menu rahmah

I was just about to put some excess funds into new FD today.

Luckily not yet do

Was about to shop..once see this..and my pocket straight reverse out of the shop

can always take out and put back in if another better offer comes along

Kacau m40 and T20 who are not target voters. Ini FM jaga puak sendiri and bankers.

What’s the penalty? I’ve seen one with sixty days interest penalty and those with “any early withdrawal = no interest”

So now FD & saving rate also hike 0.25% ?

Ayam house loan hailat liao

they alrdy told u guys
own ntg and be happy
like me
i own nothing.. no loan.
even underwear is my mom buy one
topkekkk

ok la i got buy some working clothes for my job coz cannot dress like hobo

This post has been edited by Knnbuccb: May 3 2023, 04:58 PM

the "penalty" is always forfeited interest
most FD will say, if tenure is 1 year, u withdraw before 1 year, u get ur principal only. no interest at all

some will say if u put at least 3 month and withraw then they will prorate according to the board interest rate (meaning not the 4% promo interest rate, maybe the board interest rate is something not exciting like 2% ) . at leats theres something. but generally expect none or lower than savings account interest.


btw i see got some FD promo macam cheebuy, ask ppl to put in current account/savings account ( CASA) for each 1k then can put in FD 10k (konon at high interest say 4.1% while others are maybe 3.8 without this CASA term%)
if withdraw CASA means terminate FD
isnt that sohai? it means the effective interest rate is lower than whatever is published. e.g instead of getting 4.1% for 50k , u actually have to factor in the 5k you have to put in CASA.


thats why i told coffeedude he can always withdraw if he alrdy put in some FD
unlike me, procrastinate till tertido on 30 april after work. then open eyes alrdy 0030 1st may, the FD promo gone (bank FD promo usually last till end of month only) cb, i should have put in earlier...if anything better comes, i can always terminate the FD and put in the new one

This post has been edited by Knnbuccb: May 3 2023, 05:05 PM

Walaueh

different countries diff laws with pro and cons I guess

the one with sixty day interest penalty is in US, which means if you withdraw before sixty day (like even after one week) you still end up paying 60 days interest (ie you lose money).

THe benefit is...it is more fair to those who put in one year FD and withdraw after 11 months, at least you still get 9 months interest.

So it really benefits those in rapid rising interest rate enviroment like in the US now.

This post has been edited by diffyhelman2: May 3 2023, 05:06 PM

Baru habis bagi duit raya…bank pulak cakap selamat hari raya nak duit raya…

You think OPR decrease/maintained will help? You can challenge big brother USA going against their Fed?

What is Malaysian Ringgit compared to USD's might? Can it become the next world's reserve currency? Even China's Renminbi and its industries also dare not go against it.

People's FED keeps raising OPR to keep its USD strong against other currencies, how rich you can sustain yourself and sacrifice your own rakyat Malaysia to keep depreciating the MYR to paper?

This post has been edited by petpenyubobo: May 3 2023, 05:14 PM

i thought opr increase is expected? what;s the fuss?

Thanks. Now malaysia will be first world country

Rentals also naik especially for hot areas.

pmx cant use la