Thursday, February 5, 2009

Latest BLR rate of banks in Malaysia as of Feb-2009

Following Bank Negara's move to reduce the Overnight Policy Rate (OPR) by 75 basis points to 2.50 percent and Statutory Reserve Requirement (SRR) from 3.5 percent to 2 percent effective 1 February 2009, banks in Malaysia have reduced their deposit interest rates as well as their Base Lending Rate (BLR) respectively.

Here are their latest BLR rate as of today (5 Feb 2009):

  • Majority of the banks: 5.95%
  • Bangkok Bank Berhad: 5.50%
  • Bank of Tokyo-Mitsubishi UFJ (M) Berhad: 5.75%
  • Deutsche Bank (M) Berhad: 5.75%
  • J.P. Morgan Chase Bank Berhad: 5.75%
  • The Royal Bank of Scotland Berhad: 5.75%
  • Affin Bank Berhad: 5.90%
  • Citibank Berhad: 6.00%
  • EON Bank Berhad: 6.50% (not yet revised)
  • AmBank (M) Berhad: 6.55% (not yet revised)
You can always click here for the latest BLR info of the banks.

Tuesday, February 3, 2009

Citibank offers 2x Rewards Points on property assessment payment

Citibank is currently running a Property Assessment (Cukai Pintu) Bill Payment by Citibank Online and Citi Mobile Campaign for their core credit cards (including supplementary cards).

2x Reward Points will be given for property assessment payment made during the campaign period via Citibank Online website or Citi Mobile phone banking.

Campaign period: 20 Jan 2009 - 28 Feb 2009

Eligible credit cards: All Citibank Malaysia Platinum, Gold, Classic, Choice, Clear and CitiBusiness credit cards, excluding Cashback, AirAsia, Giant, Shell and Celcom cards.

Terms & Conditions: Each person is given a maximum of 1000 Reward Points for this campaign.

The assessment payable by Citibank Online includes:

  • Dewan Bandaraya Kuala Lumpur (DBKL)
  • Majlis Perbandaran Ampang Jaya (MPAJ)
  • Majlis Bandaraya Petaling Jaya (MBPJ)
  • Majlis Perbandaran Subang Jaya (MPSJ)
  • Majlis Bandaraya Shah Alam (MBSA)
  • Majlis Perbandaran Selayang
  • Majlis Perbandaran Klang
  • Majlis Perbandaran Kajang
  • Majlis Bandaraya Ipoh (MBI)
  • Majlis Perbandaran Seremban
  • Majlis Perbandaran Melaka
  • Majlis Perbandaran Pulau Pinang
  • Majlis Perbandaran Seberang Perai
  • Majlis Bandaraya Johor Bahru (MBJB)
  • Majlis Perbandaran Johor Bahru Tengah
  • Majlis Perbandaran Muar
  • Majlis Perbandaran Kulai
Click here for more information about the Property Assessment (Cukai Pintu) Bill Payment by Citibank Online and Citi Mobile Campaign.

Toyota 0% Easy Payment Plan with CIMB credit cards

If you have any credit card issued by CIMB bank, including the Direct Access credit cards, and also have Toyota vehicle that you schedule for service/repair at authorized Toyota Service Centre, now you can enjoy their 0% interest Easy Payment Plan for payment above RM300.

Under the plan, if you spend above RM300 for your car service and/or repair with CIMB or Direct Access credit card at authorized Toyota Service Centre in Malaysia, you can opt for the credit card to charge you in 3 months installment with 0% interest. If the spending is above RM700, you can opt for 6 months installment with 0% interest.

This is particularly helpful if you want to do a major service (such as routine service + air-cond service), or major repair (which not claim from your car insurance).

Hint: Click on the "Older Posts" link to continue reading, or click here for a listing of all my past 3 months articles.