Click Images Below To Read GenX GenY GenZ Articles

Showing posts with label 5% Interest. Show all posts
Showing posts with label 5% Interest. Show all posts

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:

Tuesday, 16 October 2012

OCBC Booster Deals - Up to 5% Interest Rate for Fixed Deposit Promotion 2012

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

OCBC Bank Malaysia Booster Deals runs until 31 December 2012 and consist of 4 promotions:

Savings Combo Plan -  3 Months Fixed Deposit with Promotion Interest Rate of 4%. 

Part of the the terms and conditions of the Combo Plan are as follow:
  • Minimum Fresh Fund of RM10K to be deposit into the 3 months FD 4% Interest Promo.
  • On the same day, deposit minimum 20% of the FD amount into OCBC SmartSavers Account or SmartSavers Junior Account. or OCBC Premier Save Gold Account. The amount deposited into these Savings Accounts MUST be maintained for at least 90 days. Actually, all the said 3 Savings Accounts offer pretty competitve interest  rates.
OCBC Premier 3 Months 5% Interest Rate Fixed Deposit Promotion

Part of the the terms and conditions of the Premier FD Promotion are as follow:
  • Eligible for Premier Banking Account, i.e. must have minimum RM300K Assets Under Management with OCBC when signing up for PB status.
  • Must purchase/participate in 3 new products such as opening a new current account, savings account, unit trust, retail bonds, Dual Currency Investment (DCI) and etc.
  • The FD placement amount entitled to the 5% 3 Months FD Promo is subjected to maximum 50% of total Assets Under Management  or RM1 million.
Foreign Currency Deposit Promotion

This promo is straight forward, you get to enjoy extra 5% interest over existing interest rate of 1 Month Foreign Currency Time Deposit.

Fixed Deposit Purchase with Purchase Promotion

For this promo, you can get up to 5% interest rate for 3 Months FD subjected that you "purchase" minimum 3 products which consists of mainly Unit Trusts products.

For more information and the full Terms and Conditions of OCBC Booster Deals, please visit OCBC Bank's website.


Comments on the Combo Plan 4% 3 Months FD with OCBC Smart Saver Savings Account.