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 SSPN, Skim Simpanan Pendidikan Nasional

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MGM
post Jan 22 2021, 01:55 PM

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QUOTE(guy3288 @ Jan 22 2021, 01:26 PM)
1 Boost RM1k
20 Boost they sent me this, received today
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Do u deposit and withdraw and keep only minimum balance in the account?
MGM
post Jan 23 2021, 03:50 PM

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QUOTE(eddyooi @ Jan 23 2021, 02:38 PM)
hi guys

is it worth to dump in now the rm8k for 2021 tax relief? or wait until end of the year?
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If u have excess funds in low return tools like fd, then better to put in sspn asap.
MGM
post Feb 8 2021, 10:35 AM

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QUOTE(kochin @ Feb 8 2021, 09:37 AM)
appreciate if some one starts compiling a list of agents who rewards loyal customers. hehe:)

btw, lovesspn landing page mentioned an announcement from today onwards but nothing yet.
anybody got any lead, please share ya.

thanks.
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Thanks for informing but hopefully it doesnt start today cos I just withdrew this morning.
Regarding those agents, they include anyone at the counter right?

This post has been edited by MGM: Feb 8 2021, 10:36 AM
MGM
post Feb 8 2021, 11:01 AM

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QUOTE(cybpsych @ Feb 8 2021, 10:55 AM)
Luckily not the "Ganjaran Kesetiaan SSPN-i" campaign, just a lucky draw.
MGM
post Feb 8 2021, 01:02 PM

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QUOTE(kochin @ Feb 8 2021, 11:08 AM)
not very attractive. lucky draw only.
been years and never even win a consolation prize.
prefer to have something fixed like RM1 for every RM100 deposited. haha.
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Yes the Ganjaran Kesetiaan campaign normally comes after lucky draw, hope t&c same as last year unless ptptn gets smart.
MGM
post Feb 17 2021, 08:17 AM

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Mana nya Ganjaran Kesetiaan 2021?
MGM
post Feb 21 2021, 12:54 PM

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QUOTE(Left4Dead2 @ Feb 21 2021, 12:34 PM)
Guys, i start SSPN deposit in Dec2019 and another round in Sep 2020

Until now no interest/dividen given from the statement i check just now, WTF !?
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Your Dec2019 deposit probably done after 6Dec2019 so no dividend, together with your 2020 deposits, u will get it this year after the coming dividend announcement n it will be credited n predated to 1-Jan-2021.

This post has been edited by MGM: Feb 21 2021, 03:29 PM
MGM
post Feb 21 2021, 07:03 PM

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QUOTE(asiatrader98 @ Feb 21 2021, 04:48 PM)
yes, you are right and parent need to give some the commitment to their son/daughter since it is hard earned money......
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QUOTE(wongmunkeong @ Feb 21 2021, 05:14 PM)
yeah - kids have to have their own skin in the game, else suka suka "study" je XD
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Many times got further discount for early settlement.
MGM
post Feb 22 2021, 09:20 PM

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QUOTE(Kaptain_Planet @ Feb 22 2021, 04:33 PM)
user posted image

kaching 😝
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QUOTE(guy3288 @ Feb 22 2021, 06:41 PM)
i also can post one lah..
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ARE these for real?
MGM
post Feb 24 2021, 02:14 PM

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QUOTE(kino318 @ Feb 24 2021, 01:54 PM)
based on the t&c, only allowed to withdraw on or after 1 July 2021. if u pump in money on 30 Apr, so hv to keep the money for 2 months to get the 1%, annualize is 6%.
Thks
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Yes, n assuming the regular dividend is 4% then total is 10%, but only for 2 months. Last year can immediately withdrew in early May, so looks like they have mended this loophole.

This post has been edited by MGM: Feb 24 2021, 02:25 PM
MGM
post Feb 24 2021, 08:07 PM

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QUOTE(pisang @ Feb 24 2021, 06:51 PM)
hello all, may i ask for some advice based on below scenario, for Ganjaran Setia Only.

Assuming i have Balance as of today 24/2/2021, of RM10K.
I then withdraw RM5K tomorrow, and put in RM20K on April 2021. And not withdawing anything until end of Jun 2021.
so the eligible for 1% ganjaran Kesetiaan is on RM20K or RM15K (20K-5K) ?
thank you in advance.
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edit: once any withdrawal in any account of same depositor no ganjaran.

6. Membuat penambahan simpanan terkumpul sekurang-kurangnya RM500 pada akaun
yang layak (tidak termasuk dividen tahun semasa) tanpa ada pengeluaran daripada
mana-mana akaun di bawah pendeposit yang sama dalam tempoh kempen.


This post has been edited by MGM: Feb 25 2021, 12:41 AM
MGM
post Feb 25 2021, 09:14 AM

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QUOTE(pisang @ Feb 25 2021, 08:53 AM)
thanks for helping and clarifying. Now, my conclusion is As long as there is a withdrawal during the period, there will be no ganjaran kesetiaan.
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I opened 2 accounts for my child , depositors me(>5 years) n spouse(2019). Still thinking whether to join this campaign since not as attractive as 2020. For the time being will only use spouse's account for deposit and withdraw.

This post has been edited by MGM: Feb 25 2021, 09:16 AM
MGM
post Feb 25 2021, 09:41 AM

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QUOTE(pisang @ Feb 25 2021, 09:30 AM)
if you have extra $$, just deposit end of april and keep it till end of June. Withdraw early July. then you get 1%. Sounds ok ma.  smile.gif
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Problem is most liquid assets in ASM and EPF, 0 FD.
At most can take out RM60k from EPF for this campaign and put back in July, but would lose (April to July EPF dividend). After calculation looks like better to keep it if EPF>5%.

This post has been edited by MGM: Feb 25 2021, 09:47 AM
MGM
post Feb 25 2021, 10:13 AM

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QUOTE(familyfirst @ Feb 25 2021, 09:50 AM)
Better not to touch EPF.  Just dump in any extra $$$ into SSPN would be worthy enough.  Me too zero in FD these days.
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Now looking for those 12m 0% BT or EPP to fund this campaign.
MGM
post Feb 25 2021, 05:33 PM

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QUOTE(guy3288 @ Feb 25 2021, 01:58 PM)
Yes .

Now everybody needs spare money to  benefit from this...and i just received calls from bank people offering me loan with interest X%
but i dont need to pay the interest,, take the risk lah(if she does not "waive" [from own pocket]), pity those girls who needed to hit their loan sales quota... ok, i told her i take, u scratch  my back i scratch yours, cruel dog eat dog world now, no sales you are out!

same for SSPN i, no deposits in your quota you dont get KPI,  no wonder they are willing to give out gifts, latest i asked for RM100 gift, agreed to send also...
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Good for you.
For me it is time to look for low-cost short-term loan & accumulate $ for end-of-april lump sum deposit.
MGM
post Feb 25 2021, 06:50 PM

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QUOTE(familyfirst @ Feb 25 2021, 06:29 PM)
SSPN is slowly turning to be a better deal when there is ganjaran kesetiaaan compared to ASM where you spent days and days hunting for it.
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There was a time when sspn paid <3%, iirc, but mostly 4%, but it is a good parking place.

This post has been edited by MGM: Feb 25 2021, 06:51 PM
MGM
post Feb 26 2021, 10:54 AM

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QUOTE(BeadsCrazee @ Feb 26 2021, 09:06 AM)
ya sounds like it...too bad
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For both account who is the depositor n beneficiary?
MGM
post Mar 3 2021, 02:49 PM

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QUOTE(smartfreak @ Mar 3 2021, 11:58 AM)
So if I understand correctly, basically to optimise, deposit within couple of days b4 6th of the month and withdrawal 6th onwards. Other time money better put in place that gives daily interest like PSA.
To take advantage of G.Setia:
(1) deposit in early April b4 6-April and withdraw 6-July, get 3-month dividend + 1% Ganjaran
(2) deposit end of April and withdraw 6-July, get 2-month dividend + 1% Ganjaran

This post has been edited by MGM: Mar 3 2021, 02:50 PM
MGM
post Mar 3 2021, 03:06 PM

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QUOTE(tsutsugami86 @ Mar 3 2021, 03:01 PM)
What is PSA ?
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https://forum.lowyat.net/topic/4892672/+1260#entry100172015

Scb privileged SA.

This post has been edited by MGM: Mar 3 2021, 03:07 PM
MGM
post Mar 3 2021, 03:47 PM

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QUOTE(tsutsugami86 @ Mar 3 2021, 03:20 PM)
If the money no need to use it in short term, keep in SSPN seem like can get more return than PSA (If SSPN still declare 4% dividend for Year 2021)

The condition to get total 4.75% (PSA) easy to achieve ?
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My understanding is let say u have 50k on 6-Mar or after, if deposit in sspn u get nothing until 4-April. But if put in PSA during the same time u got almost a month of interest. Please CMIIAW.

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