Not very sexy anymore. ASM should perform better. But there are scenarios that makes sense as the 4.2% still a guaranteed return.

Some will argue better take cash offset housing loan if that costs > 4.2%

Bump this up. With FD currently at most 4% and asm not easily available, 4.2% here seems to be reasonable.
I bought mine in 2024, received my first 4.6% return as advertised, and will get the final round next year upon 2-year maturity.

This post has been edited by justanovice: Jul 22 2025, 08:13 AM

is a 2 year policy
how can you get paid half way ...

4.6% for 1st year RM50k = RM2300
sudah dapat?

Yes bro sudah dapat .. rm2300

Next year will get rm4600

surprising good
automatic banked into your bank
or must go and claim?

Must buy insurance policy from them to be eligible?

need to have UOB Savings account

is a ' FD' 4.2% for 2 years
with insurance x 2yrs FOC
too good

Auto deposit into uob account. As it is sold via bank via online only, mandatory to have account first. No agents fee makes a big difference hor.

Yes

Yes. With rates going down, can consider, since next year probably wont have this rate anymore

There’s 1 catch. FD if we break halfway, we get back full capital with no penalty and no interest.
If we cancel the policy early , apart from no interest paid, there’s a penalty too. Between 1-2% of amount paid depend when a person cancel the policy.

This post has been edited by justanovice: Jul 23 2025, 08:08 AM

No need buy insurance policy la

The plan is offered to individuals who:

are a UOB Malaysia customer with existing UOB Malaysia savings or current account;

Eh not bad wor. Just found out about this product. So happen I have cash don't know where to park. Maybe I will consider this.

best part this 'FD' no need use own cash
use credit card

essentially swipe card
take cash later

and join PBGR campaign
get CB RM50 bonus

This post has been edited by guy3288: Jul 27 2025, 02:46 PM

i use this to fully utilise my tax relief for life insurance. still not really sure how it works. waitin for full maturity on mid of december this year then onli consider worth d time n hassle to park there or not.


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Received both the Guaranteed Payout of 2.4% and the Campaign Payout of 2.2% today.

My Policy Commencement Date was 24 October 2024.



This post has been edited by BWassup: Oct 28 2025, 10:39 PM