If you can find some where which can give you more than that for short term parking, pull out la.

Maybank efd also reduced to 2.95 for 1 month, anyone know what happened??

OPR cut what. Expect 2 more cuts.

govt want us to spend instead of saving ah?

Yup. Want you to spend/invest in bursa whole world cutting rate except US so of course malaysia need to follow.

I opened a Maybank One Solution (with Personal Saver Account). Now I transferred all my savings to m2u savers, leaving only RM2 in the Personal saver account.

Can I dont use the Personal Saver account (PSA) at all (because i only use the m2u savers)? Will the PSA go dormant? If it does, what will happen to my m2u? because the m2u is opened online after i got my PSA..

Basically, what Im asking is, since m2u savers can only be opened as a second savings account, can it still exist after the first saving account go dormant?

This post has been edited by Legozz: Aug 9 2016, 10:56 PM

M2u needs minimum 2k to enjoy 2.1% interest, while the PSA earns 1.6% from the first ringgit in the account, it is worth while to keep, in case you have low balances

cklimm Thanks for your reply. I guess its worth to keep the PSA as backup.

Just wondering, will m2u savers remain if the original account (PSA) becomes dormant with less than RM10? (As we know accounts with less than RM10 and dormant will be automatically deactivated)

Guess what, Maybank is reducing their M2u saver rate

http://www.maybank2u.com.my/WebBank/casa-r...-rates-0816.pdf

This post has been edited by cklimm: Aug 11 2016, 09:24 PM


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Luckily I tutup long time ago already. Too low profit.
Btw, I am keeping my Ambank Truesavers. Will IBG RM5.00 from true transect > SCB Just One current > IBFT back to Truesavers once a year.

So that both account will not be dormant and no need to pay RM0.11 for IBG. If use bank like Maybank, Cimb, have to pay RM0.11.

This post has been edited by Ramjade: Aug 11 2016, 10:25 PM

Wondering if other bank saving account's rate will reduce soon.

Is the SCB IBFT a permanent feature or promotion offer?

Any reason why u switch from Ambank to SCB?

Is there since 2014. If they cancel it, will close account.
SCB free IBFT vs Ambank Truetransect free IBG. You tell me which one better?
But like I said, I am keeping the ambank so that I don't need to pay RM0.11 to keep both account active (transfer from SCB > AMbank once a year then ambank > scb the next year)

This post has been edited by Ramjade: Aug 12 2016, 09:51 AM

M2U saver 2.0% pa still more than Ambank Truesaver 1.8%..

Dear Valued Customers,

Please be informed that effective 1 May 2016, the TRUE Savers Account interest rate will be revised as follows:

Account Feature Existing Revised
Flat Interest Rate 2.8% p.a. 1.8% p.a.

Who uses truesavers anymore when there is maybank eGIA-i?Besides I am keeping the truesavers alive (inside only have rm0) to keep my standard chartered just one alive.

It's 3.58% now

lol freaking low!

I wud reckon returns is still gud for short term

yes.

3.58... so no mood riao

efd 3.0

both sux

move to hlb efd they hav promotion 3.9% now if im not mistaken