yes, you'd get profit and principal the moment you uplift it.

no issue for me yesterday morning .

m2usavers > ibg > cimb house loan & ocbc house loan accounts.

transfer reflected in receipient accounts the same day.

be mindful that accessing eGIA is from 6am till 10.30pm, 7 days a week including public holidays.

yah, I'm doing this.

egia serial number already reaching #65 lol

balance as of midnight, daily.

the only trouble is the timing (6am-10pm) to withdraw from GIA-i, and little effort to keep placing-withdrawing as and when needed.

other than that, the profit 3.5%p.a. now is much much better than M2U Savers.

i have few placements of 5-figure amount have been rolling for months now. placed 100+ placements for 4-figure amounts for few years now when the rate was 4% till now at 3.45%.

all safe and sound.


if you cannot tahan the little risk for the little gain, then avoid any GIA products. you should look at other investment vehicles instead.

this is a very old topic, and TS has not been here for years.

Important Notice: Reclassification of Wadi’ah Yad Dhamanah to Qard [ Maybank ]

Dear Valued Customers,

Pursuant to the enforcement of the Islamic Financial Services Act 2013 (“IFSA”), all Islamic Financial Institutions are required to reclassify its existing Islamic products and services in accordance with the transition requirements prescribed by Bank Negara Malaysia (“BNM”). Under IFSA, our existing Wadi’ah-based (safe keeping with guarantee) products will be reclassified to Qard-based (loan) with effect from 7 October 2017 (“Effective Date”).

Qard refers to a contract of lending where customer will lend money to the Bank as a loan where repayment of equivalent replacement amount is guaranteed by the Bank and the Bank has the right to utilise the money for its banking activities.

The applicable products are as follows :



Please note that this exercise will be carried out at no costs to you. Your account number(s) will remain unchanged and you may continue to operate the account(s) together with all existing facilities and services as usual.

Your account(s) will continue to be protected by the Perbadanan Insurans Deposit Malaysia (PIDM).

Should you wish to explore other alternatives, kindly visit our branches before the Effective Date for assistance. For more details, please logon to www.maybank2u.com.my for our Frequently Asked Questions (“FAQ”) on this exercise.

• Notice for Reclassification of Wadi’ah-based to Qard-based
• Frequently Asked Question
• Terms & Conditions Governing Deposit Accounts for Islamic Banking

We acknowledge your continuous support in banking with us.

Thank you.

yep, got it on 1 Sep for Aug balances.

forget about GIA/e-GIA.

for normal Savings Account, either MBB or CIMB is ok for a start. ppl prefer either one due to accessibility and services available (e.g. mobile app).

m2u savers still ok. not high interest but still a decent one for monthly savings. do read thru the features and T&C.

once you're getting the hang of doing banking and its services, you can try to learn more of other type of savings/low-risk investment account that gives higher interest but with certain condition to meet. keep building the knowledge and you'll find there are many options out there.

no issue.

only at ATM, you cannot perform Fast Cash withdrawal directly. Just enter manual amount and select M2U Savers account.

it count daily profit

1st half of the month, everyday got 10k balance.
2nd half of the month, everyday got 1k balance. no profit if u using savers (without -i), at least got some minor profit if using savers-i

this is the existing thread of Savers

try open lor, see can work or not....

now with Account Portability for CASA feature, you can switch to Islamic-type account.

https://www.maybank2u.com.my/maybank2u/mala...acctswitch.page

aside to the obvious benefits, another is they give minor profit for balance <rm2k.

for conventional m2u savers, zero profit/interest for balance <rm2k

islamic banking. go read it up.

discuss here >> https://forum.lowyat.net/topic/3920681