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Thursday, 8 November 2012

Maybank2U Savers - Maybank Online Savings Account

For those of you without children under the age of 18 years old (so that you are eligible for a Junior Savings Account to earn higher interest rates) or need a Maybank Savings Account, check out Maybank2U Savers which is a pure Online Saving Account that can only be opened if you are a Maybank banking customer and has registered for M2U online account.

I wanted to open a Maybank Basic Savings Account which earns nominal interest rates but was recommended against doing so. Instead the Maybank Exec recommended that I opened a Normal Savings Account for my purpose of linking all my Maybank Credit Cards to it in order for me to make payments online via Maybank2U.

And with a Maybank Savings Account, we may be issued a Maybankard Debit Card, and mine was a Platinum MasterCard where the 16 digit numbers ended with the number No.8, thanks to my lucky star. Initially, the first debit card the Maybank Exec wanted to give me did not have the number No.8.

I also applied for the Maybank2U Savers Online Savings Account which earns me minimum 2.1% interest rate with minimum deposit of RM2.5K.


Monday, 5 November 2012

HSBC 5% Term Deposit i Promotion Until 18 January 2013

Please do not reproduce/reprint this article in whole or part in any form.

HSBC Bank is the first bank to offer Fixed Deposit or Term Deposit Promotion that run into 2013.

From now until 18 January 2013, HSBC is offering promotional dividend rate of  5% for their Term Deposit -i 3 Months Tenure, sounds great.  But since it is a HSBC promotion, just like their credit card promotions, we must always read the terms and conditions.


Here are highlights and parts of the Terms and Conditions of the HSBC Deposit Drive Promotion: