I'm not clear about one thing.



If I deposit RM1,500 on the 25th, do I get the EXTRA 1% for the remaining days of the month or will it include the days before?

The 1% base + 1% bonus is for amount in JustOne Savings (not JustOne Current)... it's calculated on average daily balance for the JustOne Savings account

Yup, I know it's based on the SA. But let's say I maintain a fixed amount of RM5000 for each of the days in October (SA). I deposit RM1500 on 25th (CA).

Will I get:

1st to 24th (1% p.a.)
25th to 31st (2% p.a.)

(5000 x (1% / 12) * (24 / 31)) + (5000 x (2% / 12) * (7 / 31)) = 5.10

or will it be for the whole month as such:

5000 x 2% / 12 = 8.33

The moment RM1500 hits your JustOne Current Account, you will get 2% on the JustOne Savings.
You can withdraw the RM1500 on the next day....

Highlighted should be correct. 2% only starts to count the moment you enter the fresh fund of RM1500.

This post has been edited by Raceroamer: Oct 4 2012, 04:41 PM

Thanks! That's what I needed to know. Nevertheless, I will reconfirm with the SCB representatives when they are in my office for some program to promote this.

I don't think so. As long as you fulfil the requirement of depositing at least RM1.5K into your JustOne Current Account in that particular month (let say on the 25th), all your balances in the JustOne Savings Account before you deposited the RM1.5K on the 25th will be eligible for the 1% bonus too, not only on the balances starting from 25th. At least this was what i understand according to what the girl that told me this. Besides, there is also no mention in their website that the additional 1% interest is applicable only from the day you make the RM1.5K deposit into your JustOne Savings Account.

I read the terms and conditions again and I think Miles is correct. Sorry jian, I think I've provided the wrong info. Anyway, better to confirm with the bank representatives.

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Added on October 4, 2012, 4:57 pmThis post has been edited by Raceroamer: Oct 4 2012, 04:58 PM

Thanks a lot! If this is the case, I guess I'll sign up for this as well.

No worries. I couldn't find the information on this, that's why I'm here to ask if anyone knows.

Finally I get my Liverpool-designed SCB Debit MasterCard for JustOne Account @ non-Home Branch. This Debit Card is only linked to JustOne Current Account only. I can't link to my existing e$aver also

There's a default cap which you can spend SCB Debit MasterCard : RM6000. This cannot be changed

This post has been edited by ronnie: Oct 6 2012, 12:08 AM

I just made another IBG transfer yesterday and just like last month, they didn't charge me the RM0.50 IBG fee.

Did you deposit the RM1500 fund first, then IBG or the other way around ?

No. I have not deposited RM1.5K this month. In fact, not a single deposit this month.

Good. That means as long we deposit the fresh fund of RM1500 every month regardless of when, we are going to enjoy the benefits.

So basically the T&C which says "fees will be charged first and refund the next month" does not hold water.

True also, haha!

Out of curiosity, so you guys normally use debit card or credit card to purchase things? For me, I use credit card. Debit card only for withdrawal at the ATM.

I use "CREDIT" only... hehehe

Never used a debit card for like 5 years already

Wondering the list of banks and its details of IBG type of transfer e.g. Fund Transfer , Loan Repayment , Card Repayment that can be done from this account

Do check out Post #1