Mar 31 2014, 03:53 PM
QUOTE(cybpsych @ Mar 18 2014, 07:19 AM)
the PSR columns are just the profit ratio split between you and the bank. this is based on Islamic banking methodology and the concept of profit sharing, how profits are recognised as income by the bank and how profits are distributed.
the indicative % is still the same as Savers, just that <RM2,000 will also get 0.4% pa.
i have no idea nor studied whether Savers-i consistently giving 2.1%/2.3% pa, hence the term "indicative". assuming Savers-i gives 2.1%/2.3% pa, then it's comparable with Savers.
here's a simpler comparison for the interest %
*Indicative, based on PSR
I was also wondering about this Savers-i Account. The indicative dividend rate for RM2k > RM50k savings is 2.1% p.a. based on the Profit Sharing Ratio of 5% Depositor and 95% Bank.the indicative % is still the same as Savers, just that <RM2,000 will also get 0.4% pa.
i have no idea nor studied whether Savers-i consistently giving 2.1%/2.3% pa, hence the term "indicative". assuming Savers-i gives 2.1%/2.3% pa, then it's comparable with Savers.
here's a simpler comparison for the interest %
| Credit Balance | Savers | Savers-i* |
| Below RM2,000 | - | 0.40% p.a. |
| RM2,000 to RM50,000 | 2.10% p.a. | 2.10% p.a. |
| Above RM50,000 | 2.30% p.a. | 2.30% p.a. |
So this 2.1% p.a. is equivalent to 5% Depositor's profit?
Or is it the Depositor will only get 5% from the 2.1% dividend?
I tried to find their terms and conditions, but can't find any.....
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