What do I need to know about this MBSB Fixed Deposits for 49ners Club?
OK, this is a fairly exclusive club - you need to be at least 49 years old to join - but the benefits are considerable as MBSB offer some of the highest Fixed Deposit interest rates in Malaysia if you're prepared to commit to terms of two years or more.
Unlike many exclusive clubs, this one is cheap to join, all you need is a deposit of RM1000 to open an account.
Can I withdraw the fixed deposit before maturity and still earn some interest?
Yes, but you will not receive any interest if you end your account in the first three months
Partial withdrawal of money is not allowed.