Banking

Faded  RM50 notes

On the 11th February 2010, Bank Negara issue a statement that those who have faded or discoloured banknotes can exchange them at Bank Negara or its branches throughout the country.

Earlier, an engineer in Petaling Jaya reported that the print had disappeared from 4 of his new RM50 notes which he had mistakenly left in his washing machine along with his laundry.

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maybank

Starting from 16th November 2009, Maybank launch a special campaign called Fixed Deposit Bonus 2. Individual who placed a Fixed Deposit during this campaign period will enjoy higher Fixed Deposit Rate then normal rate. This is the continuation to the first campaign launched last August.

On top of the higher rate, each deposit also will automatically qualify rewards and amazing prizes with Maybank Extra Rewards Deposit Campaign.

To participate in this promotion individual must be make a Fixed Deposit with minimum of RM25,000.00 at any Maybank Branch nationwide or through Maybank2U internet banking via eFixed Deposit. Under this promotion only Fixed Deposit with 7, 8 and 9 months are eligible.

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CIMB

CIMB recently launched a new product called CIMB Prime plan. This product is targeting to a segment of customers who are at the stage of accumulating wealth. It is Ideal for graduates, young professionals, managers and business owners with household monthly incomes of between RM7,000 and RM8,000.

CIMB Prime Plan is offering a comprehensive package of banking products and lifestyle benefits including interest bearing saving account and credit card. With Prime Savings Account, customers can earn up to an additional interest rate of 1 per cent a year for a minimum deposit of RM200 a month. Customers also will be given standby overdraft facility and a home financing option that allows customers to re-price their housing loan every five years and enjoy preferential rates.

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hong leong bank

Hong Leong Bank introduce a new innovative product called Fixed FD Account. This product is the first of its kind in Malaysian market with an intelligent cash management feature. Flexi FD allow customers to do early FD withdrawal and the flexibility to withdraw at any 186 Hong Leong Bank Branches nationwide.

The product aim to ease customers by managing FD, current and savings at the same time. However, the most exciting feature about this product is, consumers will be able to earn high interest rates eventhough they make an early partial withdrawal of their FD.

Below are other exciting features regarding Hong Leong Flexi FD account.

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rhb bank

RHB Bank is launching a Fixed Deposit campaign with MaxFD3 aacount. Depositors will enjoy up to 3% of return with MaxFD3 fixed deposit account. This campaign will end 31st July 2009. UPDATE – This promotion is extended to 22nd October 2009.

In order to participate, depositors have to place a minimum of RM10,000 in RHB MaxFD3 for 8 months and enjoy special interest rates that just keep getting higher and higher. In fact the interest rate will increase every two months for the entire 8 months tenure. The details on the interest rates are,

First 2 months – 2.10% p.a.
Next 3rd and 4th months – 2.30% p.a.
Next 5th and 6th months – 2.40% p.a.
Remaining 7th and 8th months – 3.00% p.a.

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