Fixed Deposit is known to be one of the most secure investment but with a lower return. If you like to invest your money in fixed deposit you may choose from the list below to maximize your return.
Fixed deposit rate is on the rise because Bank Negara Malaysia (BNM) started to raise OPR rate. The last rate increase was on July 2010.
The table below are the latest conventional fixed deposit rate as of September 2010. Alternatively you may look at this page.
Fixed Deposit is known to be one of the most secure investment but with a lower return. If you like to invest your money in fixed deposit you may choose from the list below to maximize your return.
Fixed deposit rate is on the rise because Bank Negara Malaysia (BNM) started to raise OPR rate. The last rate increase in on May 2010.
The table below are the latest conventional fixed deposit rate as of July 2010.
Citibank is having a new credit card called Citibank PremierMiles Credit Card. The card carries a VISA Signature logo and it is suppose to be more prestigious than platinum card.
The card will reward you 1 PremierMile for every RM3 spend on shopping, dining, entertainment or travel, anywhere in the world. The PremierMiles can be used to redeem on over 50 airlines or to offset your travel purchases.
That’s right! you can fly at your convenience on the airline of your choice. And the best part is the PremierMiles are never expired.
Recently, Citibank launched new Citibank Cash Back Platinum Credit Card which offering up to 5% cash rebate on purchase. This card is much better than their Classic and Gold Cash Back Card as no carry forward balance is necessary to enjoy high cash rebate rate.
Two months ago they just introduced on Citibank Platinum Credit Card where they are offering 5X Rewards Points on purchase made at major department stores and supermarkets or hypermarkets. The new offering make us more difficult to choose which card to apply.
With this card you don’t have to wait for specific days or special promotions to enjoy the most cash back from your purchases. Also no pre-registration and no minimum spending is required. Your cash back is automatically credited into your account.
Below are the details on the cash back rate.
Following Bank Negara decision to raise Overnight Policy Rate (OPR) by 25 basis points to 2.5% last week, some banks in Malaysia start to revise up their Base Lending Rate (BLR) and Base Financing Rate (BFR).
This is the second time in 2010 that Malaysian have to bear the burden of higher interest rate. The first increase was implemented in March 2010.
Maybank, CIMB Bank, Public Bank, RHB Bank and Bank Islam have increased their BLR & BFR by 25 basis point to 6.05% from 5.80% previously. Other bank will follow suit.