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

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SUSDavid83
post Mar 6 2013, 08:27 PM

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QUOTE(Saravanan07 @ Mar 6 2013, 08:25 PM)
Hi! What are the difference between Maybank2u Savers & Maybank2u Savers-i?
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The -i suffix is Shahriah compliant account.
SUSDavid83
post Apr 2 2013, 12:40 PM

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QUOTE(sheng @ Apr 2 2013, 12:36 PM)
what is the main difference between a shahriah compliant account and a normal one..

which would be better (interest rate wise)?
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Please google around to understand between conventional banking and Islamic banking.

Then, you'll understand the general difference.

This post has been edited by David83: Apr 2 2013, 03:11 PM
SUSDavid83
post Apr 2 2013, 04:41 PM

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QUOTE(sheng @ Apr 2 2013, 04:30 PM)
so saver-i doesn't work on an interest rate basis but more like dividend/ profit ratio..correct me if im wrong.. google is too general i would like to know the difference between these two maybank accounts onli..thanks
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Saver-i:

Balance Band | Indicative Dividend Rate (% p.a.) | Profit Sharing Ratio (PSR), Depositor:Bank

Below 2,000 | 0.40 | 5:95
2,000 to 50,000 | 2.10 | 5:95
Above 50,000 | 2.30 | 5:95

This post has been edited by David83: Apr 2 2013, 04:41 PM
SUSDavid83
post Apr 8 2014, 08:14 AM

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QUOTE(scottyvstheworld @ Apr 5 2014, 05:37 PM)
Hi guy hope it's ok I ask this here. At atm what's the difference between cash deposit & cash payment??
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Cash Deposit is meant for depositing cash or fund to a banking account (saving/current).

Cash Payment is meant for depositing cash or fund to a loan or CC account.

 

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