Before we start investing our money for better returns, we must also keep some money in a safe place for emergency use. When there is a crisis, those money will also be a good fund to find the golden investment opportunity in the market. One of the safest place with relatively not so low return will be fixed deposits.
Here is the rates for main fixed deposit offered by Maybank:
Besides that, Maybank does offer some special financial products which give a slightly better rate. For examples, Maybank launches General Investment Account-i (GIA-i) Campaign from 16th Oct 2016 to 15th Feb 2017. This the rate for 12-months campaign:
This is the rate for 6 months campaign:
The best feature for this product I would say is it pays out the interest monthly! The downside would be unlike fixed deposits, it does not covered by PIDM. However, due to overwhelming response, the fund reaches its maximum quota and will not receive new placement anymore not long after the campaign started.
Do keep an eye on each bank's website for their promotion. Sometimes there will be good deals to consider. Putting money in current or saving accounts hardly earn you any interest and your money will definitely outrun big time with the inflation. Be wise and learn how you can put your money in better and better place.
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