Surprising that old website got problem. Would avoid using if possible, unlikely they're fixing anything wrong with that site for ages now.

If your IC is the old one (no double image) then confirm will fail the KYC. Just do at branch.


App cannot use credit card. In fact credit card to deposit to SSPN is sort of a loophole, don't rely on it always being available. Depends on the 3rd party who provide this service (normally as part of their larger suite of service), though some of them already close the loophole by segregating CC reloaded funds from FPX/duitnow reloaded. Won't last forever.

No head no tail. What type of account did you open, who is the beneficiary? Your daughter's own SSPN account won't give you any deduction.

No restriction. Money is the same.

I have succeeded recently.

Most likely you have hit the shopeepay spend limit. There's the monthly 5k limit (which it seems you know) but also annual spend limit (it's written somewhere in their app, can't remember offhand).

First time? Start of year always like that la.

No other option, must do at counter. My case was caused by old IC (old design, don't have the second floating picture next to your main picture). At counter is quite fast (just mafan have to travel there etc).

DawnOnYou asked regarding Bank Islam as well. That one no SSPN side limitation (in fact over counter really no limit). There are different channel for access, you also know that yourself, you jump so high for what?

Yes, no interest. Its a very sweet deal, should take it up if you qualify for any of it at all.

What nonsense are you talking about? This is not how PTPTN loan works at all.

Depends on your income and what course. For kejuruteraan and related (which is what I'm familiar) it is about 14k per semester for kids of B40 parents. If you're more well off, at most 25% of that amount.

Everyone need to wait till today to find out. I would think over counter should be no issue. Currently I login to Bank Islam the SSPN option still grayed out.

Not their funds what they care?

PTPTN has many mouths to feed, definitely many students who have less resources than your family and need the loan more.

However I think you need not worry, as from my experience the loan amount is based on your income, not your SSPN savings. If your household income is b40 then only can get 100%. M40 75%, T20 50% (roughly).

Over the years you "earned" money from these funds already in the form of income tax deduction and dividend, but now don't want to pay for your own kid's edu...

Your money your choice. If you prefer your children to start working life in debt and with burden, no one can force you. Some might suggest that a well trained child without burden will find out how to invest and grow their wealth. While a badly trained child, even with burden to 'impose discipline' won't be able to accomplish much.

Did you update your transfer limit within bank islam?

Yes, it will be banked in to account with your name though (in my experience). Better call ahead if need it to be to a 3rd party account. That can be done (up to 50k) via a linked Bank Islam account, but for SSPN's own online transfer not possible. Maybe possible for over-the-counter, I have only tried to own-name account so far for that.

Then definitely can. You can just fill in the form first and just drop it off to counter there (someone mentioned can get another person to drop off for you also, but I have not tried that).

Really recommend ya'll use bank islam method, instant at the cheap cost of RM0.50.

Assuming you can earn 2% interest daily on the money in the target bank account - for every extra day the transaction takes, you are losing out roughly 54.7 sen per RM10,000. No brainer to pay for the faster method. Especially if you're actually earning higher (e.g. GXBank 3.5%).

The posting dates have ALWAYS been much later. But the promise that SSPN has always stated is that as long as the actual deposit was done before the date, it would count (transaction date). Just because they change what is showing in system doesn't mean that has changed. Suggest to speak to your PTPTN officer.

Posting date is the date that SSPN actually received/confirmed the transaction (manual process). What you call 'system update' can only happen after that obviously (because how else SSPN know about the transaction?).

You are assuming that the displayed date currently is some third 'deposit date'. Based on what info? Makes much more sense, knowing how IT systems work, that it's just the posting date being displayed instead of the transaction date. Further assumption being made is that this somehow changes dividend calculation. If so, this would need to be a conscious decision from PTPTN. I'm not worried, because I suspect nothing has changed internally, its just the posting date being shown in new system rather than transaction date. Feel free to check with official source rather than just assuming based on some text being displayed on a website which is still being worked on after months.....