30% Discount on RHB Safe Deposit Box Rental Rates

How do you secure your valuable belongings like jewelry, grants and certs? Ever thought of keeping them inside a biscuit box or under your pillow? There's a better way of storing personal valuable belongings, that is to keep them inside bank's safe deposit box.

You can get 30% discount on safe deposit box rental rates for the first year when you open a new safe deposit box account with RHB. The promotion is valid until 15th October 2013. Not all bank branches offer safe deposit box service, you can refer to the list of the branches here.

There are four sizes of safe deposit box available and the annual rental rate is based on either Tier 1 or Tier 2 depend on branch location:

Type	Box Size	Tier 1	Tier 2
A	Below 600 cubic inches	200	180
B	601 to 1,000 cubic inches	250	220
C	1,001 to 2,000 cubic inches	300	260
D	Above 2,000 cubic inches	350	300

Other than that, you also need to beware of the charges below:

SERVICE	COMMISSION / SERVICE CHARGES / INTEREST
Initial key deposit upon opening of account	RM150
Stamp duty on agreement	RM10
Lost / Replacement of Keys
Lost 1 key : Replacement	Actual cost subject to minimum RM100
Lost 2 keys : Force Opening	Actual cost subject to minimum RM300
Force Opening Charges	Actual cost incurred

The charges for safe deposit box are not much different for all banks. For certain banks, it is compulsory to purchase additional insurance for the safe deposit box while some banks already cover for the minimum insured amount. In my opinion, if you are interested to get a safety deposit box, find a bank branch that is nearer to your house, with ample parking space and has the safety deposit box size that suits you.

Half Price Frappuccino with Starbucks Tumbler

The Starbucks Frappuccino Happy Hour promotion exclusively for Starbucks Card holders has ended last month. Now Starbucks brings you an even better promotion on its Frappuccino!

If you have Starbucks tumbler, you can get Frappuccino blended beverages at half price on every Monday, Wednesday and Friday. The promotion is applicable in all Starbucks stores in Malaysia except Genting stores. The promotion is valid until 30th June 2013.

Public Bank Super FD Promotion

Public Bank has launched a 12-month step up bundled FD promotion, known as the Super FD, from today until 30th September 2013. The campaign is open to all new and existing individual customers (personal or joint accountholders) of Public Bank.

The eligible customers are required to place fresh funds of minimum RM 10000 and in multiple of RM 5000 up to maximum of RM 3000000 into both PLUS FD and PLUS Savings Account (SA) at 80:20 ratio. The amount in PLUS SA will be earmarked for 12 months while the PLUS FD will be placed under 1 month tenure on auto-renewal basis and locked in for 12 months.

Customers have the flexibility to withdraw at any time but only entitle for the prevailing FD board rates. The step up interest rate for each month is shown in the above picture. The interest rate for PLUS SA can be found here. The effective interest rate for this FD campaign is just 3.32% p.a., not that attractive if compared to OCBC FD promotion.