Discussing here~

like old Henry Ford's cars - U can have any color, as long as it's black

SSPN-i only la now
SSPN-i Plus has insurance tied to it - not touching that XD

80% sspn-i
20% sspn-i plus

Reason.... (this is before all those ewallet la this la that la)

sspn-i plus can accept credit card... i not enough cash flow that time, so that's that.
Now i do know sspn-i can use bigpay last year, but its a hassle as reported here a lot have to spend time convincing staff can use bigpay. I rather just go hassle free hehe.

Now can use boost pay for both so... thumbsup?

1. SSPN-i cannot use credit card / bp to reload?

2. For SSPN-i plus, i see the pakej like RM100 ---> RM90 simpanan, RM10 takaful. If I pay RM600 for initial pakej, RM60 will burn into takaful?

3. For tax relief, lets say, Dec 2018 hoot RM8k, Jan 2019 withdraw RM8k. Dec 2019 hoot again RM8k. simpanan bersih is RM0 instead of RM8k?

4. Withdrawal can perform via online? Need to tie to what bank?

This post has been edited by avinlim: Jul 4 2019, 12:13 PM

1. Can

2. For SSPN-i Plus, majority of your payment will go to the insurance instead. Only a small portion goes to savings.

3. Yes. You'll need to add in the amount you withdrew.

4. Cannot, you'll have to be physically present at PTPTN office. The only alternative is to open Bank Islam & link it to your SSPN account.

PTPTN branch got open on Sunday? or u use PTPTN SSPN FPX to pay with BIGPAY ?

Tq for your reply, the insurance part, once paid, considered burn right? I saw the diamond package 60% goes to insurance. which is RM300 for RM500 depositing.


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You'll not be able to freely withdraw if you're tied to the SSPN-i Plus unless you're willing to burn. At least that's the experience conveyed to me by my colleague.

Maybe this is just me but if I wanted to get insurance for either me or my kid, I'd rather go for one by an insurance company.

Any idea who is the takaful provider for SSPN-i plus?

Ok then I just go for SSPN-i. How about this? can freely get the money? I reload today, take out from bank islam via online tonight can?

Hong Leong MSIG Takaful

No, it will take SSPN a couple days to register the deposit. Once it's in, you can freely withdraw but if you read back a couple pages, there's a withdrawal fee if it's made via Bank Islam.

I'm wondering what it is point of doing the above:
Register online, deposit money in the morning, withdraw at BI ATM at the night.

I thought the whole idea of SSPN is for tax relief and child education fund.

I believe he trying to topup using Boost or using BigPay to earn points/cashback from Credit Card.

Oh..ok...

if withdrawal at PTPTN office, they give cash?

ptptn counter at shopping mall can also perform the reload and withdrawal transaction?


No going to do so la...just for example that can the money being taken out only.

Since you did ask about it, I'm sure you have the instinct to kick start for the project.
Now is in incubation phase; information gathering.

This post has been edited by CardNoob: Jul 4 2019, 02:14 PM

Going to start the project, but for the 8k tax relief thing...haha.

I am just wondering how the withdrawal and deposit at the same years will be calculated as "simpanan bersih" at their term.

I'm assuming that you have children for the RM 8k tax relief.

opps....depositing for own not entitled for that? I haven't read all the information yet.

Obviously cannot.
If entitled, I had done it 10 years ago when it first introduced.

This post has been edited by CardNoob: Jul 4 2019, 02:21 PM