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 Maybank m2u savers 2.1% pa, 2 gud 2 b true 4 savings acc?

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jian5481
post May 29 2016, 06:19 PM

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QUOTE(MiKE7LIM @ May 29 2016, 05:36 PM)
Beside this, any other hidden fee that we should aware? confused.gif
I just browse thru the webs and found this

A fee of RM5.00 per transaction
A fee of RM5.00 will be charged if the customers perform transactions over the counter (OTC)
for transactions that can be fulfilled/done at Maybank2u.com or at Maybank kiosks.
Some of the examples of the transactions are as follows :
1. Withdrawal less than RM5,000
2. Perform GIRO transaction less than RM5,000
3. Transfer money less RM5,000
So mean if all my transaction go thru maybank2u, my min always above RM250, and my acc maintain at least 3months from activation date..

should be alright?
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For the above 3 points, yes, no fee if done through Maybank2u or ATM/CDM. As long as you don't do it over the counter.

And yes, minimum always RM250 and above & no closure within 3 months. After 3 months, you can close without charges.

This post has been edited by jian5481: May 29 2016, 06:20 PM
MiKE7LIM
post May 29 2016, 06:20 PM

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QUOTE(MilesAndMore @ May 29 2016, 06:18 PM)
Not above but at least RM250 at all times.
Yes if you do not want to be slapped with early account closure fee.
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rclxms.gif thanks for ur confirmation

will apply now and try out the GIA-i as well icon_idea.gif
cybpsych
post May 29 2016, 09:29 PM

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QUOTE(MiKE7LIM @ May 29 2016, 06:20 PM)
rclxms.gif  thanks for ur confirmation

will apply now and try out the GIA-i as well  icon_idea.gif
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if u gonna treat eGIA-i as a substitute to savings account, then no need open m2u savers . u need to keep 250 balance. better use wadiah since u can keep min rm1 balance.
Ramjade
post May 29 2016, 10:04 PM

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QUOTE(jian5481 @ May 29 2016, 06:19 PM)
For the above 3 points, yes, no fee if done through Maybank2u or ATM/CDM. As long as you don't do it over the counter.

And yes, minimum always RM250 and above & no closure within 3 months. After 3 months, you can close without charges.
*
QUOTE(MiKE7LIM @ May 29 2016, 06:20 PM)
rclxms.gif  thanks for ur confirmation

will apply now and try out the GIA-i as well  icon_idea.gif
*
Last time maybank took more than 3 months to allow me to close account via online. Stupid bank. For one of Malaysia's largest bank, system keep showing error when I tried to close m2savers. That one also having m2savers for >1 year. Close account because interest too low.
dannyw
post May 30 2016, 11:48 AM

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Guys, is there any different when we select the Financial Preference when open the GIA-I.

a) Mudarabah Investment Account b) Islamic Deposit Account.

One page of form need to fill up, I wonder is there make any different for the answer I pick?

Thanks
MilesAndMore
post May 30 2016, 01:03 PM

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QUOTE(dannyw @ May 30 2016, 11:48 AM)
Guys, is there any different when we select the Financial Preference when open the GIA-I.

a) Mudarabah Investment Account b) Islamic Deposit Account.

One page of form need to fill up, I wonder is there make any different for the answer I pick?

Thanks
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Choose a)
cybpsych
post May 30 2016, 01:30 PM

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QUOTE(dannyw @ May 30 2016, 11:48 AM)
Guys, is there any different when we select the Financial Preference when open the GIA-I.

a) Mudarabah Investment Account b) Islamic Deposit Account.

One page of form need to fill up, I wonder is there make any different for the answer I pick?

Thanks
*
choose a) Mudarabah Investment Account

the rest of the questionaires, i answered all NO laugh.gif

no impact or whatsoever. It's just a disclaimer from bank to "ensure" we read & understand the T&Cs of GIA-i investment.
dannyw
post May 30 2016, 02:04 PM

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QUOTE(MilesAndMore @ May 30 2016, 01:03 PM)
Choose a)
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QUOTE(cybpsych @ May 30 2016, 01:30 PM)
choose a) Mudarabah Investment Account

the rest of the questionaires, i answered all NO  laugh.gif

no impact or whatsoever. It's just a disclaimer from bank to "ensure" we read & understand the T&Cs of GIA-i investment.
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Thanks you, sir! notworthy.gif
jacklsw86
post Jun 1 2016, 03:43 PM

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QUOTE(cybpsych @ May 30 2016, 01:30 PM)
choose a) Mudarabah Investment Account

the rest of the questionaires, i answered all NO  laugh.gif

no impact or whatsoever. It's just a disclaimer from bank to "ensure" we read & understand the T&Cs of GIA-i investment.
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the last question you answer no then cannot proceed tongue.gif
cybpsych
post Jun 1 2016, 04:27 PM

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QUOTE(jacklsw86 @ Jun 1 2016, 03:43 PM)
the last question you answer no then cannot proceed  tongue.gif
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forgotten liao hahha i literally answered all NO to the questions, but i think the last one is to agree to proceed or something laugh.gif
raclette
post Jun 2 2016, 02:12 PM

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thx to recent posts, im on gia as well. let see how it goes.. 4% pa till 15th june..
cybpsych
post Jun 2 2016, 02:23 PM

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QUOTE(raclette @ Jun 2 2016, 02:12 PM)
thx to recent posts, im on gia as well. let see how it goes.. 4% pa till 15th june..
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i think they just put the end-date to manage expectation, in case need to revise upward/downward.

so far, it has been at 4% p.a. from ending 15 Apr, ending 15 May, and now ending 15 June.

if u review the fund performance report, 4% goes way back till Q4 2015.
wil-i-am
post Jun 2 2016, 02:57 PM

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QUOTE(cybpsych @ Jun 2 2016, 02:23 PM)
i think they just put the end-date to manage expectation, in case need to revise upward/downward.

so far, it has been at 4% p.a. from ending 15 Apr, ending 15 May, and now ending 15 June.

if u review the fund performance report, 4% goes way back till Q4 2015.
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I hope they can maintain 4% until end of tis yr
MiKE7LIM
post Jun 2 2016, 11:52 PM

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QUOTE(cybpsych @ May 29 2016, 09:29 PM)
if u gonna treat eGIA-i as a substitute to savings account, then no need open m2u savers . u need to keep 250 balance. better use wadiah since u can keep min rm1 balance.
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Dare not to put all in Gia-I since it's not guarantee return,haha

So I do separate to two

eGia-I - for fund last at least two months above
Savers-I - my daily cash flow,which the cash is in& out very frequent but of course I will maintain it above rm250 for sure


MiKE7LIM
post Jun 2 2016, 11:54 PM

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QUOTE(Ramjade @ May 29 2016, 10:04 PM)
Last time maybank took more than 3 months to allow me to close account via online. Stupid bank. For one of Malaysia's largest bank, system keep showing error when I tried to close m2savers. That one also having m2savers for >1 year. Close account because interest too low.
*
So far my experience with may bank still very positive ...hopefully it can still maintain notworthy.gif
heavensea
post Jun 3 2016, 07:35 PM

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assumption,

can I put all money in eGia-I, and take it all out after 1 month?
Ramjade
post Jun 3 2016, 08:41 PM

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QUOTE(heavensea @ Jun 3 2016, 07:35 PM)
assumption,

can I put all money in eGia-I, and take it all out after 1 month?
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Make a placement today, uplift the next day and you will still earn interest. rclxms.gif
heavensea
post Jun 3 2016, 08:44 PM

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QUOTE(Ramjade @ Jun 3 2016, 08:41 PM)
Make a placement today, uplift the next day and you will still earn interest.  rclxms.gif
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I just renew another efd...
no confidence with this investment type of account...

There're many questionnaires during I was applying for gia via m2u..


Ramjade
post Jun 3 2016, 08:59 PM

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QUOTE(heavensea @ Jun 3 2016, 08:44 PM)
I just renew another efd...
no confidence with this investment type of account...

There're many questionnaires during I was applying for gia via m2u..
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Questionnaire only for first application. biggrin.gif
Well your loss then rolleyes.gif I have uplifted like 5x and each time received the interest.
heavensea
post Jun 3 2016, 09:20 PM

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QUOTE(Ramjade @ Jun 3 2016, 08:59 PM)
Questionnaire only for first application.  biggrin.gif
Well your loss then  rolleyes.gif I have uplifted like 5x and each time received the interest.
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4%?

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