QUOTE(Bryan LSC @ Jun 23 2011, 07:36 PM)
Here's the analysis of the three high-interest savings account
a) EON Bank High Flexi Savings Account
Balance (RM) Rates (p.a.)
Up to RM5,000 0.00%
Up to RM10,000 0.10%
Up to RM20,000 0.30%
Up to RM50,000 0.50%
Above RM50,000 2.90%
b) CIMB Money Multiplier Account
Daily interest (2.5% pa) will be paid on entire daily balances provided the balance exceeds RM10,000 on any given day
c) m2u Savers
Minimum Initial Deposit: RM250
Minimum balance to enjoy interest: RM2,000
Minimum balance to maintain: RM250
m2u Interest Rates:
RM2000 to RM50,000 2.10%p.a
Above RM50,000 2.30%p.a
CONCLUSION: I believe for starters/fresh grad like me, M2U savers is the one to go for, coz it only requires RM250 as min initial deposit and RM2000 monthly balance to enjoy the 2.1% p.a. Then, once it exceed RM10,000, can consider changing it to CIMB Money Multiplier to get the 2.5% pa. Lastly, when it exceeds RM50,000, can put into EON High Flexi to get the 2.9% pa interest!
I seem like a dreamer... 
Would like to quote back the summary that Bryan provided last 2 years and hope it still applies till today. a) EON Bank High Flexi Savings Account
Balance (RM) Rates (p.a.)
Up to RM5,000 0.00%
Up to RM10,000 0.10%
Up to RM20,000 0.30%
Up to RM50,000 0.50%
Above RM50,000 2.90%
b) CIMB Money Multiplier Account
Daily interest (2.5% pa) will be paid on entire daily balances provided the balance exceeds RM10,000 on any given day
c) m2u Savers
Minimum Initial Deposit: RM250
Minimum balance to enjoy interest: RM2,000
Minimum balance to maintain: RM250
m2u Interest Rates:
RM2000 to RM50,000 2.10%p.a
Above RM50,000 2.30%p.a
CONCLUSION: I believe for starters/fresh grad like me, M2U savers is the one to go for, coz it only requires RM250 as min initial deposit and RM2000 monthly balance to enjoy the 2.1% p.a. Then, once it exceed RM10,000, can consider changing it to CIMB Money Multiplier to get the 2.5% pa. Lastly, when it exceeds RM50,000, can put into EON High Flexi to get the 2.9% pa interest!
Just to share, beside saving account, CIMB do have trading account that calculate interest daily with 2.6% P.A. It's iTrade CIMB.
Deposit or withdrawal between the trading account and saving/current account (CIMB) only took 1 or 2 working days. No minimum amount to maintain. Currently I'm not using the trading account (cause I trade in SG now) but I have RM70+ and getting interest every month.
http://www.itradecimb.com.my/index.php?ch=...ia_notice&ac=22
This post has been edited by almeizer: Jul 15 2013, 11:12 PM
Jul 15 2013, 11:09 PM

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