Apr 8 2021, 12:25 PM
QUOTE(huangpl89 @ Mar 25 2021, 12:19 PM)
saw this post but macam sudah old. hope can bump up to get some advice/answer.
so one day my mum ask me, if i put fd in a same bank, say 250k herself, 250k with combine name of herself and me, 250k with combine name with herself and other children.
will she get covered for all the amount? or only 250k regardless who she combine with?
if lets say combine name with me put 500k, will we combine protection each 250k to make up total 500k protection, or only 250k out of the 500k is protected by pidm?
of coz she dun have that much money but this is a very good question. hahahaha!!! Thanks all.
The max coverage is only up to rm250k per person per bank irregardless whether it is single, joint or even trustee account hence which is why you need spread across different banks with the limit so one day my mum ask me, if i put fd in a same bank, say 250k herself, 250k with combine name of herself and me, 250k with combine name with herself and other children.
will she get covered for all the amount? or only 250k regardless who she combine with?
if lets say combine name with me put 500k, will we combine protection each 250k to make up total 500k protection, or only 250k out of the 500k is protected by pidm?
of coz she dun have that much money but this is a very good question. hahahaha!!! Thanks all.
Safest way is to make sure up 100k each bank will do
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