Best FD Rate in town! Public Bank gives a super rate up to 8.88% P.A

Best FD Rate in town! Public Bank gives a super rate up to 8.88% P.A
The Campaign will run from 28 January 2014 until 30 June 2014.

2014 is a tough year, everyone is looking for ways to reduce expenses and increase income.
I think this is pretty good deal if you have a lump-sum RM30K++.

Frankly, i do not have it so what i planned to do is share with my sisters. Accumulate to RM30K and dump to Public Bank for a year.

As your seen, it is NOT STRAIGHT 8.8%. Bank not stupid. The rate is increasing every month where you can get 8.88% on the 12th month. After a series of calculation, it will give you 4.33% of effective rate. 

Still not bad right? 

Ref: http://www.pbebank.com/en/en_content/personal/promotions/pbsuperfd.html

T&C: http://www.pbebank.com/en/en_content/images/tc_pbsuperfd.pdf