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 SSPN, Skim Simpanan Pendidikan Nasional

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SUSyklooi
post Feb 15 2022, 06:47 PM

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QUOTE(MUM @ Feb 15 2022, 05:20 PM)
If i am not mistaken, there was a year they hv a condition set that, not prior withdrawal made in the last x years....
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yes,...you are not mistaken,....it was for the year 2019 loyalty bonus campaign....

The promotional period was from Jan 1 until April 30, 2019. The reward would automatically be deposited for those who met the criteria, he added.

Wan Saiful said among the criteria for eligibility was that
SSPN-i account holders opened their accounts before 2016 and
made deposits into the account between 2016 and 2018.
There must be no withdrawals made between 2016 and 2018,
and
that there must be a minimum of RM1,000 in the accounts as of Dec 31, 2018.

“They must also accumulate at least RM500 in savings during the promotion period without any withdrawals from any account under the same account holder’s name,” he added. The maximum amount to be given would be RM8,000 per account.

https://m-update.com/2019/01/29/sspn-i-educ...tra-0-5-reward/


magika
post Feb 15 2022, 07:00 PM

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QUOTE(yklooi @ Feb 15 2022, 06:47 PM)
yes,...you are not mistaken,....it was for the year 2019 loyalty bonus campaign....

The promotional period was from Jan 1 until April 30, 2019. The reward would automatically be deposited for those who met the criteria, he added.

Wan Saiful said among the criteria for eligibility was that
SSPN-i account holders opened their accounts before 2016 and
made deposits into the account between 2016 and 2018.
There must be no withdrawals made between 2016 and 2018,
and
that there must be a minimum of RM1,000 in the accounts as of Dec 31, 2018.

“They must also accumulate at least RM500 in savings during the promotion period without any withdrawals from any account under the same account holder’s name,” he added. The maximum amount to be given would be RM8,000 per account.

https://m-update.com/2019/01/29/sspn-i-educ...tra-0-5-reward/
*
I think something wrong from the link you posted. It was 1% bonus and if not mistaken only condition is cannot withdraw within the campaign period.
Maybe 2019 terms are different from latter years.


This post has been edited by magika: Feb 15 2022, 07:01 PM
SUSyklooi
post Feb 15 2022, 07:29 PM

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QUOTE(magika @ Feb 15 2022, 07:00 PM)
I think something wrong from the link you posted. It was 1% bonus and if not mistaken only condition is cannot withdraw within the campaign period.
Maybe 2019 terms are different from latter years.
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for 2019 it was 0.5%
SSPN-i education account holders to receive extra 0.5% reward
https://www.thestar.com.my/news/nation/2019...xtra-05-reward/

yes,...after 2019 they changed some T&C

hopefully they will not reintroduce that T&C back ....else i think many that had withdrawn will not be able to participate

Afterburner1.0
post Feb 15 2022, 07:38 PM

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Noob question : why do u all withdraw ? Can’t we Just keep it in the sspn acc and add on to it?
magika
post Feb 15 2022, 07:45 PM

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QUOTE(Afterburner1.0 @ Feb 15 2022, 07:38 PM)
Noob question : why do u all withdraw ? Can’t we Just keep it in the sspn acc and add on to it?
*
For the 1% ganjaran of course. Our deposit is more than RM8000.00 yearly.


This post has been edited by magika: Feb 15 2022, 07:46 PM
sonerin
post Feb 15 2022, 08:13 PM

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When will be last year to be able to claim income tax for SSPN ?
guy3288
post Feb 15 2022, 08:17 PM

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QUOTE(Afterburner1.0 @ Feb 15 2022, 07:38 PM)
Noob question : why do u all withdraw ? Can’t we Just keep it in the sspn acc and add on to it?
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because Ganjaran pays only for NEW deposits........not for money already in there earlier.

If you have RM100k in there before campaign starts....this RM100k dont get to earn Ganjaran 1%

So people remove the RM100k out, and when ganjaran starts, they put back their old RM100k as "new" deposit to earn Ganjaran RM1000

Of course you can leave the original Rm100k in and dont remove,
later add additional RM100k you also can earn RM1000,
but if do like them, remove and put back add more you can earn RM2000 instead
MUM
post Feb 15 2022, 08:18 PM

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QUOTE(sonerin @ Feb 15 2022, 08:13 PM)
When will be last year to be able to claim income tax for SSPN ?
*
.
....extending the exemption until 2022.
https://www.nst.com.my/news/nation/2020/12/...elief-extension
hopefully as most probably like previously will be extended again during the budget 2023 announcement in Oct this year
sonerin
post Feb 15 2022, 10:09 PM

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QUOTE(MUM @ Feb 15 2022, 08:18 PM)
.
....extending the exemption until 2022.
https://www.nst.com.my/news/nation/2020/12/...elief-extension
hopefully as most probably like previously will be extended again during the budget 2023 announcement in Oct this year
*
Thank you
cempedaklife
post Feb 16 2022, 09:44 AM

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i have taken out the extra (>8k) last year. what are the odds that the kesetiaan tnc this year would say something like, must not have withdrawn any money in 2022? biggrin.gif
lim47
post Feb 16 2022, 09:57 AM

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QUOTE(cempedaklife @ Feb 16 2022, 09:44 AM)
i have taken out the extra (>8k) last year. what are the odds that the kesetiaan tnc this year would say something like, must not have withdrawn any money in 2022? biggrin.gif
*
If take out 2021 money , can we get the dividen for 2021?
Or we need wait after announce dividen only can take out? 🤔
Bo Lui liao need take out .😅
cempedaklife
post Feb 16 2022, 10:30 AM

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QUOTE(lim47 @ Feb 16 2022, 09:57 AM)
If take out 2021 money , can we get the dividen for 2021?
Or we need wait after announce dividen only can take out? 🤔
Bo Lui liao need take out .😅
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can la..the dividend is count on a monthly basis.
lim47
post Feb 16 2022, 01:04 PM

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QUOTE(cempedaklife @ Feb 16 2022, 10:30 AM)
can la..the dividend is count on a monthly basis.
*
Ok ok thanks bos
I go apply take out first 😁
heavensea
post Feb 16 2022, 11:37 PM

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QUOTE(LostAndFound @ Feb 15 2022, 05:11 PM)
Last year was starting Feb 24... This year what's your prediction? I cleared out account to RM20 already, waiting to put back for this promo.
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It's only for sspn-i , I guess it's not applicable for sspn prime?
tan_aniki
post Feb 16 2022, 11:49 PM

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QUOTE(heavensea @ Feb 16 2022, 11:37 PM)
It's only for sspn-i , I guess it's not applicable for sspn prime?
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sspn-i is sspn prime old name...
heavensea
post Feb 17 2022, 04:12 PM

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QUOTE(tan_aniki @ Feb 16 2022, 11:49 PM)
sspn-i is sspn prime old name...
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The extra 1% benefits is only for those open sspn account at 2018?
tan_aniki
post Feb 17 2022, 04:17 PM

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QUOTE(heavensea @ Feb 17 2022, 04:12 PM)
The extra 1% benefits is only for those open sspn account at 2018?
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not sure about those 1% or 4%, cos i only aiming the 21% discount
Kelangketerusa
post Feb 17 2022, 04:22 PM

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QUOTE(tan_aniki @ Feb 17 2022, 04:17 PM)
not sure about those 1% or 4%, cos i only aiming the 21% discount
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21% discount?
sunami
post Feb 17 2022, 04:23 PM

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QUOTE(Kelangketerusa @ Feb 17 2022, 05:22 PM)
21% discount?
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tax relief..
tan_aniki
post Feb 17 2022, 04:24 PM

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QUOTE(Kelangketerusa @ Feb 17 2022, 04:22 PM)
21% discount?
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tax relief, discount from my payment to lhdn, RM8k x 21% = RM1680

 

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