By the way, i just noticed this under Sky High Savings. Does that mean it may be possible to withdraw every single cent even when the account is still active ?
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It's been extended to end of next month. But if they gather RM100 Million of deposit under this promotion before the new end date, they will pull this promotion early.

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Thankz for your imfo.
Minimum 10K??

Hi guys

last month i've moved out some money from MACH to CIMB - they charged me RM1 for two transactions (Both more than 1k) but was later refunded. I didn't launch any complaint but i did read that the free IBG is in the form of refund - meaning they charge you and refund later. My account balance (Money Box) was less than RM100.

Yesterday i transferred the interest (less than 1k) to CIMB - again they charge me for it. Will monitor if there is a refund later and report.

From my reading and understanding - they meant they will charge RM1/transaction if you transfer less than 1k per month?

This post has been edited by bearbear: Mar 9 2013, 01:00 PM

Thanks for ur imfo.

Yes.


No. According to their products T&C, you need to keep a minimum average monthly balance of RM1,000 to be eligible for the IBG fee rebate, which will be credited back to your account the following month.




This post has been edited by MilesAndMore: Mar 9 2013, 01:17 PM

then it is subject to how to calculate average monthly balance.

i transferred more than 1k from Money box to CIMB mid February, the refund of IBG was on 1st March. My money box account nvr had more than RM100 other than that one day in the month.

If MACH closing need rm20 to close account, then just withdraw everything and leave the account there and don't close.

YES, and we have to open a new "pay & save Account" for interest.

Yeah, problem resolved

They should have accidentally add up the "not" over there

this mach money box is pretty much useless, have too much restriction for the attractive feature

In that case, your latest IBG might not have rebate already?

This promo also provided for conventional FD, don't really need to open any CASA with the bank. Interest can be credit on principle-sum and auto renew upon maturity (of coz the interest will back to its board rate)

I wonder for FD account holder on HLB can apply for HL Connect? Although is not a CASA holder?

This post has been edited by edwardccg: Mar 9 2013, 04:49 PM

Thanks for the clarification. Never thought about the nominal interest rate once above 18...

Yah, you are right too.



Wah RM1B for Junior FD, RM2B for Sweet Deal 3.75%, RM2B for PB 3.98% with 8% into CASA and another RM0.5B for the 3.75% PB promo 12 months 3.75%. Total RM5.5B CASH to be raised!!!

To see all four HLB promos, check out Post#1 or click here to my Fixed Deposit Page.

This post has been edited by Gen-X: Mar 9 2013, 06:30 PM

Finally good news from you ! Interesting figure of 4.13%. I have got 4.11 and 4.2% before. So 4.13% is a good figure for some of us depositing certain figures in BR.

Are the FD certs on A4 size paper?

Any good n reasonable FD rate to recomend from any banks?

My FD cert size is 21cm x 15cm.
Each FD cert comes with a Sijil Pelaburan BKRM on A4 size and has 2 signatures (Bank Rakyat & depositor) on it.

This post has been edited by BoomChaCha: Mar 10 2013, 11:57 AM

My Sijil Pelaburan BKRM is a A4 size form, not computer generated.
My FD account type is Mubeen.

I made my FD placement last year.

Huh? What is this Makeen and Mubeen? Any different?
Mine is Makeen too, cert is in A4 size. Opened 2 months back.
Are they changing the product yearly?

Those Makeen and Mubeen words are from those Islamic banking use.Is quite difficult for us to get to undastand the real meaning tats lying bhind..Even the banker cant explain clearly.

About the mach money box, so far all is in expected, will open this account together with FD next week.

1. Account Closure is NO CHARGE after 6 month
2. Account opening deposit minimum RM50
3. Minimum balance to maintain = RM1
4. Minimum balance to enjoy features (sky high saving & free IBG) = RM1000
5. No Bank draft facility on mach branch, but can request on any HLB branch, fee is same with normal HLB bankdraft charge (RM5.15)

btw, the consultant say money box is "current account" and she also dunno why they make it a current account without cheque.

This post has been edited by edwardccg: Mar 9 2013, 11:58 PM

i linked my HLB Priority Banking card to my Money Box and returned them the debit card and was refunded RM8 into my Money box. But I still dont like MachFD, quite a hassle. Liked their 4.18% CNY promo better, that's also cos I have a HLB Junior account

Very clear and precise! Thanks for sharing I will open this account too then.

This post has been edited by MilesAndMore: Mar 10 2013, 01:40 AM