Is it still worth it to put your money into Fixed Deposits?
In my recent post about Fixed Deposit (FD) rates in Malaysia, I couldn’t help but noticed that the rates are pretty similar from one bank to the other. All of them have very very low rates ranging from 2% to 2.5%. So for example, you put in RM 5000, which is the minimum required for [...]
Fixed Deposit (FD) rates of banks in Malaysia (March 09)
In January, I posted a post on the Fixed Deposit rates of the major banks in Malaysia HERE. Since then, our Bank Negara (Central Bank) has reduced the interest rates twice. Thus the changes are quite major. Bank 1 month 3 months 6 months 9 months 12 months Affin Bank 2.00 2.10 2.20 2.30 2.50 [...]
Fixed Deposit (FD) rates of banks in Malaysia (Jan 09)
I’ve posted 2 articles on the Fixed Deposit (FD) rates of the banks in Malaysia before – Fixed Deposit rates of different local banks and List of Fixed Deposit rates for foreign banks. I figure that this topic is quite important so I’ve decided to continue posting updates on the FD rates of the banks [...]