RHB Bank

rhb paypal

Malaysian Paypal users are now allowed to top up & send Paypal money via Malaysian bank account. This services is the outcome of collaboration between Paypal and RHB Bank.

RHB is the first bank in Malaysia to allow their customers to use their checking or savings account to instantly top-up a Paypal account or send money to anyone with email address via Paypal.

RHB customers also have a shopping site called WorldMart that provides special PayPal merchant deals to users of this new top-up service.

Top up Paypal account is FREE for all RHB customers and the process is done via RHB Bank online banking.

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fixed deposit

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.

Since July 2010, fixed deposit rate does not change very much because Bank Negara maintain the OPR at 2.75% since then. However, banks do make some adjustment to their rate.

The table below are the latest conventional fixed deposit rate as of December 2010.

You may look at this page for the most up to date rates. Alternatively you may want to look at Islamic Fixed Deposit or General Investment Account (GIA-i) rates.

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mortgage rates down

That’s true. There is a new round of price war among banks for consumer loans, with the new mortgage rate going down to as low as base lending rate (BLR) -2.3%. The current BLR rate is 6.3%.

This is a very good news to property investors because they can obtain cheaper loan to buy more properties. With the news that Malaysia properties are booming, there are more reason to buy properties especially medium to high end landed properties.

There was a lots of interest in Malaysia properties priced below RM2mil and less movement among the higher end homes. Many foreigners especially from Singapore keen to invest in Malaysia due to affordability.

The new mortgage rate is now down to as low as BLR-2.2% since end-July.

After a quick check, below are the rates offered by some of banks. I believe other banks also have the same competative rate.

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fixed deposits

Yesterday, we look at conventional fixed deposit rate for September 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. Alternatively you may want to look at this page.

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fixed deposits

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.

Read more →