Savings Account in Malaysia
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 Jan 30 2018, 06:13 PM
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All Stars
65,312 posts Joined: Jan 2003 
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Revision of eAccount Interest Rates (effective 2 February 2018)
Please be informed that eAccount Interest Rates will be revised respectively to the following:
Click here for the prevailing eAccount Interest Rates. Terms and Conditions Governing Savings Account: ENG | BM |
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Jan 30 2018, 11:16 PM
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Junior Member
233 posts Joined: Mar 2007
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QUOTE(cybpsych @ Jan 30 2018, 06:13 PM) Revision of eAccount Interest Rates (effective 2 February 2018) Thanks for the update, seems like top 3 saving accounts are these, for now:Please be informed that eAccount Interest Rates will be revised respectively to the following:
Click here for the prevailing eAccount Interest Rates. Terms and Conditions Governing Savings Account: ENG | BM  1. UOB eAccount: 3.60% p.a. for above RM50k [no max amount]  2. OCBC 360: 2.90% p.a. for 2 easy-to-achieve monthly requirements, 4.10% p.a. with min monthly spending of RM500 [interest earned only up to first RM100k]  3. Alliance SavePlus: 3% p.a. for above RM100k [no max amount]  This post has been edited by shuin1986: Feb 9 2018, 12:27 PM |
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Jan 31 2018, 07:19 AM
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All Stars
24,358 posts Joined: Feb 2011 
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QUOTE(shuin1986 @ Jan 30 2018, 11:16 PM) Thanks for the update, seems like top 3 saving accounts are these, for now: Let's not forget to add Phillip Money market fund 3.53%p.a to the list.1. UOB eAccount: 3.60% p.a. for above RM50k [no max amount] 2. OCBC 360: 3.60% p.a. for 2 easy-to-achieve monthly requirements, 4.10% p.a. with min monthly spending of RM500 [interest earned only up to first RM100k] 3. Alliance SavePlus: 3% p.a. for above RM100k [no max amount] This post has been edited by Ramjade: Jan 31 2018, 07:19 AM |
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Jan 31 2018, 09:20 AM
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Senior Member
833 posts Joined: Sep 2012 From: Earth 
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QUOTE(shuin1986 @ Jan 30 2018, 11:16 PM) Thanks for the update, seems like top 3 saving accounts are these, for now: 1. UOB eAccount: 3.60% p.a. for above RM50k [no max amount] 2. OCBC 360: 3.60% p.a. for 2 easy-to-achieve monthly requirements, 4.10% p.a. with min monthly spending of RM500 [interest earned only up to first RM100k] 3. Alliance SavePlus: 3% p.a. for above RM100k [no max amount] 
MEPS waiver means can withdraw at any ATM without charges? GIRO and Instant transfer fee waiver is really literally free? 3.60% is for RM50k above without any spending or condition? |
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Feb 3 2018, 05:34 PM
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All Stars
65,312 posts Joined: Jan 2003
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QUOTE(cybpsych @ Oct 27 2017, 07:59 AM) PB Savers Reward PB Savers Reward Campaign [ PBB | T&Cs ]Please be informed that the “PB Savers Reward” Campaign has been extended to 31 December 2017. We have also replaced the Pensonic Mini Thermo Kettle offered under this Campaign with the Khind Electric Vacuum Kettle. All other terms and conditions remain unchanged. Click here for Terms and Conditions. - 23 October 2017  1 September 2017 - 30 April 2018 Please be informed that due to non availability of stock, the Morphy Richards IntelliChef Multi Cooker will not be offered under this Campaign with effect from 26 January 2018. All other terms and conditions of PB Savers Reward Campaign remain unchanged  |
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Feb 7 2018, 07:52 AM
Show posts by this member only | IPv6 | Post
#366
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All Stars
65,312 posts Joined: Jan 2003
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PUBLIC BANK: WISE, YASA & PBBS
Please be informed that the interest rates for WISE Savings Account (WISE), Young Achiever Savings Account (YASA) and PB Bright Star Savings Account (PBBS) has been revised with effect from 30 January 2018. Click here for the latest interest rates. |
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Feb 7 2018, 10:06 PM
Show posts by this member only | IPv6 | Post
#367
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Junior Member
330 posts Joined: Apr 2014 From: Klang, Selangor
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QUOTE(Nom-el @ Jan 18 2017, 11:15 AM) Did you tell the staff that you wanted to open a fee-free basic savings account (with limited ATM withdrawal)? If not, the staff probably open a basic savings account with annual fee for you with unlimited ATM withdrawal. So if I open a basic account at CIMB and choose with limited atm withdrawal, CIMB will never charge me with their RM15.90 Annual Fee? |
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Feb 8 2018, 12:05 AM
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Junior Member
233 posts Joined: Mar 2007
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QUOTE(55665566 @ Jan 31 2018, 09:20 AM)
MEPS waiver means can withdraw at any ATM without charges? GIRO and Instant transfer fee waiver is really literally free? 3.60% is for RM50k above without any spending or condition? As long as your saving is above RM50k (up to infinite amount), u will get 3.60% p.a. interest, credited monthly, no need to do anything. - Told by UOB pretty amoi Can play with the calculator here: https://uniservices1.uob.com.my/jsp/calcula...sav_deposit.jsp |
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Feb 8 2018, 08:30 AM
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Senior Member
833 posts Joined: Sep 2012 From: Earth
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QUOTE(shuin1986 @ Feb 8 2018, 12:05 AM) Yes, yes, and yes. MEPS and Instant transfer waiver have no cap for per month?! As long as your saving is above RM50k (up to infinite amount), u will get 3.60% p.a. interest, credited monthly, no need to do anything. - Told by UOB pretty amoi Can play with the calculator here: https://uniservices1.uob.com.my/jsp/calcula...sav_deposit.jsp Too good to be true. Will go and open one when I on leave. |
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Feb 8 2018, 08:36 AM
Show posts by this member only | IPv6 | Post
#370
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All Stars
24,358 posts Joined: Feb 2011
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QUOTE(55665566 @ Feb 8 2018, 08:30 AM) MEPS and Instant transfer waiver have no cap for per month?! You can get free IBFT transfer charges with RM0 amount Too good to be true. Will go and open one when I on leave. - Standard Chartered Just One account |
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Feb 9 2018, 09:58 AM
Show posts by this member only | IPv6 | Post
#371
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Junior Member
507 posts Joined: Jun 2015
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QUOTE(shuin1986 @ Jan 30 2018, 11:16 PM) Thanks for the update, seems like top 3 saving accounts are these, for now: How do you get 3.60% p.a. for OCBC 360 Account? It should be 2.90% p.a. only if fulfill 2 requirements.1. UOB eAccount: 3.60% p.a. for above RM50k [no max amount] 2. OCBC 360: 3.60% p.a. for 2 easy-to-achieve monthly requirements, 4.10% p.a. with min monthly spending of RM500 [interest earned only up to first RM100k] 3. Alliance SavePlus: 3% p.a. for above RM100k [no max amount] QUOTE(cringe @ Feb 7 2018, 10:06 PM) So if I open a basic account at CIMB and choose with limited atm withdrawal, CIMB will never charge me with their RM15.90 Annual Fee? Yes. |
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Feb 9 2018, 10:03 AM
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Senior Member
833 posts Joined: Sep 2012 From: Earth
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QUOTE(Ramjade @ Feb 8 2018, 08:36 AM) You can get free IBFT transfer charges with RM0 amount What is the purpose of doing transfer of RM0 amount?- Standard Chartered Just One account |
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Feb 9 2018, 10:15 AM
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Newbie
18 posts Joined: Nov 2017
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QUOTE(55665566 @ Feb 9 2018, 10:03 AM) What is the purpose of doing transfer of RM0 amount? RM0 means no minimum balance required on the acct. |
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Feb 9 2018, 11:11 AM
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Senior Member
833 posts Joined: Sep 2012 From: Earth
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QUOTE(lordadvantine @ Feb 9 2018, 10:15 AM) RM0 means no minimum balance required on the acct. I thought UOB automatically waive the fee too despite the balance of your account? |
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Feb 9 2018, 12:26 PM
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Junior Member
233 posts Joined: Mar 2007
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QUOTE(Nom-el @ Feb 9 2018, 09:58 AM) How do you get 3.60% p.a. for OCBC 360 Account? It should be 2.90% p.a. only if fulfill 2 requirements. Ops my mistake, will modify later haha |
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Feb 9 2018, 12:29 PM
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All Stars
24,358 posts Joined: Feb 2011
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QUOTE(55665566 @ Feb 9 2018, 11:11 AM) I thought UOB automatically waive the fee too despite the balance of your account? This is standard chartered just one account not UOB.  This means you can keep RM0/nothing/zero amount inside and still able to get free transfer. |
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Feb 11 2018, 09:51 AM
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Senior Member
1,616 posts Joined: Jul 2016
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All the instant transfer going to be free after July this year anyway... it's the BNM Initiative to promote cashless society..and go digital...
those banks are taking the advantage of this to promote themselves... |
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Feb 14 2018, 08:01 PM
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All Stars
65,312 posts Joined: Jan 2003
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 HLB and HLISB are going Passbookless [ HLB ] Kuala Lumpur, 8 February 2018 To complement our efforts in promoting environmental sustainability, we will stop the use of Savings Account/-i Passbook effective 1 July 2018.  This post has been edited by cybpsych: Feb 14 2018, 08:02 PM |
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Feb 22 2018, 04:45 PM
Show posts by this member only | IPv6 | Post
#379
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Senior Member
3,795 posts Joined: Jan 2003 From: .: Old Klang Road :. 
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Question,
I opened a HLB Saving Account (RM200) for FD purposes recently, I wondering can I convert the Saving Account to Basic Saving Account after my FD matured? Possible of switch? |
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Feb 22 2018, 05:01 PM
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Senior Member
4,672 posts Joined: Nov 2016
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QUOTE(ahpaul82 @ Feb 22 2018, 04:45 PM) Question, Not possible and possible. According to HLB sop is not possible to switch from SA to BSA, u need to open new BSA and close the SA if u wish. But somehow I managed to change / convert the existing account to BSA. Here is my story:I opened a HLB Saving Account (RM200) for FD purposes recently, I wondering can I convert the Saving Account to Basic Saving Account after my FD matured? Possible of switch? » Click to show Spoiler - click again to hide... « This post has been edited by #Victor: Feb 22 2018, 05:02 PM |
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I told them it's stated in HLB website, also called HQ only they admit have such product.
