interest is paid for amount saved from 5th to next month 5th,

if your balance on 5.5.21 = RM50k  and you  WD 50k out on 4.6.21- you get  zero interest for that 50k

If you WD RM50k out on 6.6.21 you get interest for that 50K 1 month

So deposit just before 5th, WD just after 5th any month

Say you deposit RM10k on 20.5.21, when  they  calculate interest on 5.6.21, the 10k receive 0 interest

Why 10k? Last I tried the limit was 50k (total) so 25k is doable (25k from SSPN to Bank Islam, 25k from Bank Islam to external)

So if wanna play this bank in and withdrawal game should we go like this:
1. 1st to 5th of the month bank in say 100K.
2. on the 6th of the month withdraw 100K (with rm20 balance) in it.
3. so i will be earning 1mth interest with full interest say 4% for the 100K, is that correct?
4. Next month i repeat the same thing to earn the monthly interest....

Am i doing it correctly? any sifu can advise?

App? I just use the website last time. My last withdrawal was January, haven't used Bank Islam withdrawal since due to the 1% ganjaran campaign.

Why would u all withdraw ? Is there anywhere else better than 4% (estimated) ? Besides ASM 1,2,3 for non bumis lar ….

Since there is a trx limit of 50k per day, i will withdraw 25k each from sspn into  2 other family members' BI account n transfer out 2x 25k into my SC PSA account. Effectively withdraw 50k per day from sspn. Hope it works.

There is no limit to withdrawal now yah.... u just need to maintain rm20  in ur acc... so u can do one shot withdrawal of 100K or 200K or 300K if u like....

but u mentioned theres a traansaction limit of 50k per day in ur previous post....hence its not true.....

I did several times withdrawal to local bank, it took 2-3 working days

Just withdraw RM 30,000 from SSPN yesterday to Bank Islam account, received the fund this morning.

2-3 working days including the day of withdrawal?
I used ptptn-online for direct WD yesterday b4 noon, today in my ptptn-online account it is debited, will see how fast it reaches my SC PSA.

Oh, i don't know about it. Can we withdraw by using the Bank Islam website directly? Since i didn't link Bank Islam account with SSPN.

Thank you very much. I just need to do it once only right? then can use online to withdraw instantly?

you've been here long enough, right?

Coming from someone who mentioned the above and yet to verify about KiplePay, I doubt all the posts that he had done. Mostly questions leading to nowhere.

Anyone use shopee pay to pay sspn recently? Is the transaction success?

Hi, if i deposit 1k on Jan, then i withdraw 1k on July.
Will i still get the dividend for the first six months ?

Thanks, I received for a 17th June deposit. The 21st July is definitely backdated, I just logged in to check 2 days ago and it didn't show yet that time.

Oddly enough, my son has two accounts (one under me which was opened first and one under my wife). The deposit was to my wife's account but the rebate was to my account. Oh well, as long as free money no complaints.

Only 103 winners meaning didn't even hit the cap of 500 x RM20 and 200 x RM10.

Now only left with KelatanPay RM10 stil not received in my bank account which I already provided on 3 July. Not sure why they requested for bank account though. PTPTN's T&C mentions will be credited to PTPTN/SSPN account not bank account.

can pay sspn d at shopee