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 This table are no longer maintained. This table is no longer maintained.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.
Citibank is having a great new feature for their Platinum Credit Card. They are offering 5X Rewards Points on purchase made at major department stores and supermarkets or hypermarkets.
On top of that, they are giving 10,000 Bonus Rewards Points for new applicants that get their application for Platinum Credit Card approved. The bonus point is only applicable for non-existing Citibank Platinum Card holder. This offer will run from 19th March 2010 to the 31st of July 2010.
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 This table is no longer maintained.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.
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.
Nowdays, more and more people are using Credit or Debit Cards at petrol pump. The main reason is you do not need to que up at the counter for the payment. Another great reason on why we must use Credit or Debit Cards at petrol pump is because of the extra benefit that we going to receive.
What kind of benefit that you going to received? Well I think a lot of people are already aware of the current trend for banks in Malaysia to issue Credit or Debit Cards that offer cash rebate or higher rewards point to their customers. The cash rebate varies from the 2% to 7% and this depend on bank issuers. Regarding the higher rewards point, as far as I know at the time of writting, there is only Maybank issuing this card.
If you are looking for this kind of Credit or Debit Cards in Malaysia, then you are at the right place. Here are the lists;