Maybank m2u savers 2.1% pa, 2 gud 2 b true 4 savings acc?
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 Apr 2 2013, 12:36 PM
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#1
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Senior Member
1,374 posts Joined: Jan 2003 From: KL 
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QUOTE(David83 @ Mar 6 2013, 08:27 PM) The -i suffix is Shahriah compliant account. 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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Apr 2 2013, 04:30 PM
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#2
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Senior Member
1,374 posts Joined: Jan 2003 From: KL
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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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Apr 2 2013, 08:39 PM
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#3
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Senior Member
1,374 posts Joined: Jan 2003 From: KL
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thanks david....sorry im a bit noob at finance..hope u can enlighten me one more thing.
taking this as example: 2,000 to 50,000 | 2.10 | 5:95 does it mean that 2.10% distributed in a ratio of 5 to depositor and 95 to bank? walau..cannot be ah.. |
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Apr 5 2013, 05:32 AM
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#4
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Senior Member
1,374 posts Joined: Jan 2003 From: KL
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Hello .. Any assistance on above query??
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Apr 5 2013, 02:26 PM
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#5
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Senior Member
1,374 posts Joined: Jan 2003 From: KL
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QUOTE(Pink Spider @ Apr 5 2013, 07:31 AM) The INDICATIVE profit/dividend rate quoted of 2.1% p.a. is already after the 5:95 apportionment ok thanks..so basically these 2 accounts give more or less the same rate.. |
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