So basically;
If I put RM10k into the Savers account I'll get -

2.1/100/365 x 30 days x RM10k - RM34 a month = RM414 at the end of the year?

Is this formula correct?

Incorrect...

Based on effective rates..

RM10,000 x 2.1% per annum = 210/year or RM17.50/month.

But based on MBB tiered system..

RM1999 x 0.4% = RM7.996/year

RM8001 x 2.1% = RM168.021/year

Actual int. = RM176.017/year or RM14.668/month.

2.1/100/365 x 30 days x RM10k - RM34 a month = RM414 at the end of the year  

Is savers-i better than savers?

Don't quite understand the 5/95 rate explanation.

M2U Savers-i
Balance Band Profit Sharing Ratio (PSR)
Depositor Bank
Below 2,000 5 95.0

M2U Savers-i *
Balance Band Indicative Dividend Rates (%)
Below 2,000 0.40
Up to 50,000 2.25
Above 50,000 2.45
Up to 50,000 5 95.0
Above 50,000 5 95.0

interest is paid monthly?

if i close account will i get back the 250?

i think they just put the end-date to manage expectation, in case need to revise upward/downward.

so far, it has been at 4% p.a. from ending 15 Apr, ending 15 May, and now ending 15 June.

if u review the fund performance report, 4% goes way back till Q4 2015.

I've checked a few of my GIA-i accounts and they all seemed to be divided by 365 days.

Is there a thread for GIA-I?

Interesting review on GIA
http://www.personal-loan.my/maybank-gia-ge...unt-review/544/

lol freaking low!

what wd be the rate tomorrow

Maybank GIA @ 3.60%, effective from 16 September 2016 to 15 October 2016

Anyone received call from Maybank regarding a cashback campaign for saving account? They told me i will get rm50 cashback if i save rm3000 for 6 months..

okay...now im having 2nd thought about the maybank GIA...din maybank just close quite a number of branch?

OPR will drop further next BNM meeting  

If it don't drop now, it will drop in the future. Provided Feds increase. In order for Feds NOT to rise rates, let Trump be president