FD Savings Product(MBSB):-
Exclusive 5
Tenor Months Half Yearly Interest% Payment
60 4.70
Product Link :- http://www.mbsb.com.my/deposits_fixed.html
Nowadays, interest is increasing. It could be a good idea for those who prefer low risk savings plan to lock the high interest rate at this year before crisis "return". I would recommend this product because it gives the highest interest rate compare to bank.
Any Risk?
If you read the MBSB company background, this company is one of subsidary under EPF. I personally think the risk is extremely low unless EPF/KWSP collapse :)
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