Yes the 1% campaign end already, now got different campaign

For depositor aged til 65 and recipient age 29 years. I assume your mother is more than 65 years? So may not be possible for your case

just opened an SSPN-i account for my kid and my purpose is to use it for tax relief.
so based on my understanding after reading the posts here.
here are my plan:
2020: top up 8k in Dec for the net 8k tax relief
2021: take out 8k in Jan and top up 16k in Dec (-8000 + 16000 = net +8k)
2022: take out 16k in Jan and top up 24k in Dec
…

is this plan ok to maximize the tax relief of SSPN? do I understand correctly?
thanks.

I thought sspn-i is purely for saving and sspn-i plus are with takaful?
am i understanding wrongly?

Haloo - we are now able to deposit SSPN via MCash wallet...

Got extra spin to get reward points for redeeming cashback. The wallet size is only 200 - so it will be 0.5% charges for SSPN deposit in total.

RM 1000 is the per transaction limit or daily limit if I'm mistaken

just asking if i deposit 5k, then withdraw 4k every month, so i save net RM1k monthly. will this kena flag?

Yes, this is best channel for washing.
There's another channel to wash too.

anyone know withdrawal from portal will take how many working days?

For which state are you refering to?

The site of this ptptn office is open on Sat n Sun too

https://www.ptptn.gov.my/cawangan-kedah-side

they finally made the change on the communication part.

previously deduct RM1k, max amount to enter is RM1k, hence ppl expect to see RM1k in sspn account 

now deduct RM1k, but max amount to enter is RM999, which is more logical.

i think that is not new feature. look, if u spend RM1k on boost to sspn, sspn only allow RM1000, and not 1001, hence u see RM1k on sspn. in ur sspn it definitely will be RM999.

but when u reload RM100, boost will show RM100 + RM1 service charge. so yes, sspn getting RM100.

what i think la. i still new to sspn though. been trying different way here and there

Meaning what?

Do I still get 1 month interest if I don't top up back for the next month (before 5th)? 

So, it means that one needs to top up back the amount being withdrawn out after 5th of the current month?
Am I right? 

Thanks for sharing the info. Based on my understanding, the cut-off date is the 5th every month.

Based on your example, I believe the interest should be calculated as such: -


This is because any deposit or withdrawal after the 5th would not count in the interest calculation for that month. It would count as next month's deposit and withdrawal instead.

This is merely based on my understanding. If others have a different understanding, do share here as well. It would be great if anyone who has past transaction records can calculate the interest / dividend based on this and share the outcome here. Thanks.

both boost and tngewallet implemented the sspn/ptptn bill payment without following proper flow and didnt get approval from PTPTN before going live.

there were many backend reporting errors (to tally between boost/tngewallet <-> ptptn) and also many cases of money deposited into wrong account.

now, ptptn is forcing both boost and tngewallet to adhere to ptptn's flow, properly tested, and ptptn to approve before going live to the public.

Boost max is 999x 3 only? Meaning max can only 3k? Omg i didn't know that ,if not would top up end of last month..haizz

Boost max is RM999 x 3 only ? Is this true ? So far I only do RM999 x 2.

Sorry for asking. Probably it is frequent ask questions. I read a lot of repeated questions in this thread. TS or anyone, care to set up thread main page with info and common Q & A ?

topup at 8am, rm999.
dapat 40 coins               

When is the best time to invest into SSPN? In the past, I invested twice (2019 and 2020) but no gifts at all. I'm ready to put in for this year but when is the best time to do it?

Seems this question asked so much....

Those who work at PTPTN, one of their KPI is to get SSPN deposits in. So like, the men and ladies who serve you at the counter when you deposit in person.

If you deposit with them (or with their office) a large amount which helps them hit KPI, then they may give you some gifts/rewards.

Some of them pandai2 to game the system, they realise a lot of people deposit online (which means doesn't go to anyone's KPI), and they can 'claim' that as 'their' KPI if they can get your transfer details. So they offer you some gifts if you send them the receipts. My agent told me must be submitted within 14 days to be valid (so don't go digging up your last year receipts la).

This is a gift from agent to you, normally. Since you help them hit KPI. For my agent it's if you can deposit 8K within that month then will give umbrella or small backpack or piggy bank or whatever la.

Separate from this is lucky draw prizes which PTPTN itself will offer during events. Those aren't direct from the individual agents.