Is doesn't matter which branch. This is because the placement is online. You will just have to select term Islamic deposit online.

Two way I maximise interest given by Ambank is say I need to withdraw from maybank on Monday, I will IBG the money on Monday only. If I IBG on Friday, I will lose 2 days of interest. Best part is the IBG is FOC.

2nd, transfer all the money from true transect into true Savers to get max interest (true transect have no interest)

Also, with some maybank account, you can just keep rm1 inside, no yearly charges. Maybank ATMs are more commonly found compare to Ambank.

This post has been edited by Ramjade: Jan 10 2016, 07:48 PM

OK, got it. I think I will not risk so much because Maybank is still my main bank.
Anyway, I will first open the account first.

This post has been edited by fruitie: Jan 10 2016, 07:58 PM

i always request for ATM card only last time.. but i guess now they all request for you to register debit+ATM card with them now..

some of debit card i put in drawer collect dust.. most of time i use instant transfer or IBG..

sorry for being too lazy to read cause always busy

can u brief me up whats good with this account? i have ocbc smart savers 3++% interest p.a ..

Yes, these days ATM cards come with Debit Card. I just request bank to set the limit to 0 for debit card purchases. So, it is pure ATM card. For e.g. my Maybank card.

Me too only keep Maybank in my wallet now.

ocbc still bank card only .. haha.. all my savings go there because can get 3++ % interest p.a if every month deposit 1k.. many terms & conditions..

wonder this true ambank savers can beat ocbc? hmm..

OCBC doesn't seem worth for it based on above post.

2.8%.. just read the first post.. not bad i'd say and free IBG and MEPS withdrawal

last time i close ambank savings acc cause my area really sucks.. when i go for withdrawal, it's either ATM out of service or the machine gave me all rm20 notes maximum rm300

and 12 midnight also cannot make any withdrawal..

but foreign banks can like scb i register.. instant transfer all free.. so nice..

Well, for free money, I can live with it especially I don't think I will use it to withdraw so often.

1st, for ambank, there's no need to deposit monthly RM1k to get the 3.05%. Any amount inside will be given 2.8%

2nd, for OCBC, you CANNOT WITHDRAW or else your interest will drop to 0.5%p.a for that month. (not sure if it also includes the duration before withdrawal - the 0.5% interest) With ambank you can withdraw 3x/month. It doens't affect the 2.8% p.a interest. Kinds of defeats purpose of a SA when you cannot withdraw.

3rd, seeing that one cannot withdraw every month and need to topup RM1k/month, better go for ambank islamic efd (min Rm1k, earns you 3.15% compare to OCBC 3.05%). But if we are talking about OCBC 3.9% smartsavers than is a different story... However I am sure the withdrawal condition still exist for OCBC 3.9%

4th, max withdrawal of RM25k/year. You want to withdraw more, need to go to counter. Ambank withdrawal have been raised to RM50k/transaction . Btw, ambank now have instant transfer. But I wouldn't use instant transfer anyway. Use IBG as the money still will go in on the same day if one were to IBG early in the morning. Only different time. Ambank true transect gives free unlimited IBGs.

Too many complicated t&c makes OCBC unattrractive. Now, if only they remove the 0.5% withdrawal effect and impose say 3x withdrawal/month,

This post has been edited by Ramjade: Jan 11 2016, 06:51 AM

You went at 12 I think is a ruling by BNM that all banks service must close for updating from 12am-2am. Maybank, ambank, cimb all like that. One cannot transfer from 12am-2am.

Free IBFT is cool But I will take higher interest over free IBFT. I hardly use transfer money. Say 1-2x/month. So not worth it for me. Anyway, whenever I want to transfer I wake up before 5am to transfer using IBG so money will masuk at 11am and didn't get charged for it.

This post has been edited by Ramjade: Jan 11 2016, 06:52 AM

er.. may i know ocbc got 3.9% smartsavers?

tempting to open up the savings acc with true savers hmm..

I think it only applies for new account. So if you got account. Close it and reopen a new SmartSavers. Is not forever but a short while (promo)

Never use my true transact acc. So far all ibg from true savings acc are foc.

I have not tried foc withdrawal from true savings acc using MEPS. Anyone did it?

alright.. will go check it out further thanks!

One people did it. They said they withdraw 3x but got refund for 5x withdrawal! If is true, I withdraw 1x, deposit back into the account can get refund for 5x, this is getting free money from the bank.

This post has been edited by Ramjade: Jan 11 2016, 08:58 AM

That person used True Transact Acc not True Savings.

Same thing as in order to get the free IBG, free 5x MEPS, one should transfer from true savers > true transect

Upon opening a true savers account, one will accidentally automatically have a virtual current account - true transect.

The debit card is linked to the true transect account.

For IBG I did them directly from my TrueSavings acc without transfering funds to Transact acc n it is also foc. Now I wonder it is the same for free MEPS withdrawal