RHB Bank

Up to 10% Cash Back on Petrol Spend with RHB Bank Credit Card


rhb bank

RHB Bank is having a new campaign where all RHB Credit Cards holders can get up to 10% cash back on petrol spending at Petronas, Shell, BHP, Esso, Mobil and Caltex petrol stations.

The campaign will ends on 3rd July 2010. The cash back is capped at a maximum of RM60 per month, per card holder. All cash back will be credited into Principal Card holders account & will be reflected in the monthly statement.

Card holders will be rewarded with up to 10% cash back on all petrol spend, as below

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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 This table is no longer maintained.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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What is ASB-Overdraft (ASB-OD)?

overdraft

We are talking about two different term here, ASB & Overdraft. Everyone knows ASB is an investment fund that managed by ASNB, PNB’s wholly owned subsidiary. ASB is giving very attractive return & one of the highest paying dividend fund.

While, an overdraft (OD) is a type of bank loan facility where we are allowed to withdraw money from current account exceeding the available balance. The benefit of OD is, the interest is charged on overdrawn amount from your OD account on daily rest. This will be beneficial if you only need a short term loan. Comparatively interest rate for personal loan is charged on total loan amount

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Ranking of Malaysian Banks Based on Assets Size, Loans Size & Market Capitalization

Do you know how big is Malaysian Banks in terms of their assets size, loans size or market capitalization? Which banks biggest & which one is the smallest? With the recent news that Hong Leong Bank going to acquire EON Bank, it is interesting to see the ranking of Malaysian Banks.

The table below shows Malaysian Banks ranking based on their assets size, loan size & market capitalization as at the end of 2009. International banks and non-public listed are excluded from the lists.

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