i look at the post.. mind me asking what is tiered interest rate?

TRUE is flat 2.8% p.a. interest rate. deposit any amount.

seem like true is better than ocbc.. at least i can withdraw... i may need to pay a visit to am bank..thanks!!

Hi All,

I'm specialize on Saving / Retirement account from AXA AFFIN group.

MAX Saver / wealth protection account.

Please PM to know more details.

01128193371 - Kev

OCBC e-SmartSavers Account [ OCBC | Promo T&Cs | FAQ | APPLY NOW ]

When you open an online SmartSavers account with us from now until 30 September 2015, you will receive a special* interest rate of: 4.00% p.a.

*Rates applicable on account balances until 31 December 2015.

If you withdraw money within the month, you will only receive 0.5% interest a year.
If you deposit minimum of RM50 monthly, you will be enjoying 4.00% interest a year until 31 December 2015.

Additional info clarified by CS:

1) You need to deposit RM200 as account opening deposit (similar to opening a new savings account). Then another RM200 to activate the e-SmartSavers account.
2) Transfer of RM200 for activation must be from other banks via IBG or deposit via walk-in to OCBC branch.
3) Subsequent monthly deposit (min RM50), must be from other banks via IBG or CDM. Intrabank transfer from other OCBC Savings account (e.g. SmartSavers) will not be eligible for the promo rate. That means, to enjoy the 4.00% p.a. promo rate, you need to begin from new fund deposit. <-- workaround is to cash-out/IBG out then bank-in to e-SmartSavers instead.
4) e-SmartSavers account closure, need to visit the Preferred OCBC Branch (selected during registration from eForm).

Some FAQs...


OCBC e-SmartSavers can now be opened directly in Internet Banking portal for existing OCBC customers 

Kinda interested with this account, do you think its worth compared to others? (maybank, ambank etc)

And also it states until december 2015, what will the interest rate be like after that?

Interest 3.05 if no withdrawal. If any withdraw is perform, interest drops to 0.5%

So basically this e-SmartSaver is exactly the same as the SmartSaver, just with promotion of 4% interest until dec 2015 with minimum deposit RM50 and no withdrawal.
After dec 2015, it will be just like the SmartSaver, am i right?

yes, as per T&Cs.

they're just introduced e-SmartSavers with high interest just to get new accounts created (useful for non- e-SmartSavers customers).

i'm already having SmartSavers, not gonna spend the time/hassle creating eSmartSavers. Furthermore, opening/closing account is tedious (similar tedious process like traditional savings account).

if e-SmartSavers works like M2U Savers/Savers-i, then it'd be great

Kinda interested with this account, do you think its worth compared to others? (maybank, ambank etc)

And also it states until december 2015, what will the interest rate be like after that?

HSBC CASA Gift Promotion [ HSBC | T&Cs ]

Stand to get a Complimentary 8-piece Glasslock Container Set* when you deposit in your HSBC Current or Savings Account.

Terms and Conditions
Eligible Customers must deposit RM30,000 in Fresh Funds in an HSBC Premier / HSBC Advance / HSBC Basic Savings / HSBC Basic Current Account ("CASA account") and hold the Deposit at HSBC Bank for a period of 3 months to be entitled to one (1) set of an 8-piece Glasslock food container (the “Gift”) on a first-come, first-served basis, subject to availability.

For avoidance of doubt, Eligible Customers are only entitled to 1 Gift per Deposit per CASA account, regardless of the number of Deposits placed by Eligible Customers.

Promotion ends 31 October 2015.

The terms used herein carry the same meaning as the terms defined in the Promotion Terms and Conditions.

Stick to your savings goals by limiting your withdrawals from your TRUE Savers Account. (If you really need additional funds, you may still withdraw up to 3 times in a month for free. A fee of RM5 + RM0.30 Goods & Services Tax (GST) is applicable for the 4th withdrawal onwards to help keep your savings on track.)

Ambank's True big no no