Alliance Bank

Islamic Fixed Deposit (GIA-i) Rate Comparison Table, May 2010

fixed deposits

Previously we look at conventional fixed deposit rate for May 2010. However,  if you prefer to deposit in Islamic Fixed Deposit Account or commonly known as General Investment Account (GIA-i) instead of conventional fixed deposit account, the rates are shown in the table below.

Kindly note that, the rate showed in the table below are only indicative. It means that, the rates may changes according to agreed profit sharing ratio. This table are no longer maintained. To get the latest rates kindly browse Latest Islamic Fixed Deposit (FD) Rates page.

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Fixed Deposit Rate Comparison Table, May 2010

fixed deposits

If you like to invest your money in the most secure instrument, fixed deposit is one of the best choice. Bank Negara increased OPR rate early this year, so fixed deposit rate also on the raise. You may want to park in your money in fixed deposit if you believe in “Sell in May and Go Away” adage.

The table below shows the conventional fixed deposit rate as of May 2010. This table are no longer maintained. This table is no longer maintained. For the latest rate kindly browse this page.

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Hire Purchase or Car Loan Rate Comparison as of March 2010

hire purchase

If you plan to buy a new car and do not know which banks give the best interest rates, you are at the right place. Just bear in mind that, the rate listed below are for new cars only.

The table below shows the current hire purchase or car loan package that banks in Malaysia offer as in March 2010 for comparison purpose. The package may change, so for confirmation, you can check with the respective bank.

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Latest BLR & BFR Rate as in March 2010

interest rate

With recent hike of Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM), Banks do not take a long time to raise BLR and BFR. The first bank to raise the BLR is Bank Simpanan Nasional.

BLR normally used in conventional loan package while BFR normally used in Islamic loan package. However, most of the time BLR & BFR figures are the same.

The table below show the latest BLR or BFR rate for most of banks in Malaysia as at 12th March 2010. This table is no longer maintained. The latest rates can be found on this page.

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Balance Transfer Promotion, Clear Your Credit Card Debt Now

A credit card balance transfer is the transfer of the balance or debt in a credit card account to an account held at another credit card company.

Due to recent credit card tax imposed by government, many credit cards issuers is doing balance transfer promotions as part of their strategy to retain its customer. The credit card issuers are giving a great promotions ranging RM50 rebate per balance transfer to 0% interest free balance transfer. Actually this is great for customers. It will offer great saving for those who would like to use this facility.

If you have unsettle credit card debt, it is wise to do balance transfer in order to save the interest. With such a low balance transfer fee, it is certainly much better than personal loan to clear out credit card debt.

Below are list of recent balance transfer promotion.

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