Ahh, i missed the previous message by sunnie11.

For existing customers, 2.8% p.a. till 31 May 2016.

seems like its time to move, Ramjade any good recommendations?

Move only after 31/5/2016 so that you will be entitled for May's 2.8%p.a interest. Don't move now. See 3-4 pages until this page. I made my recommendation. If you are lazy, here it is. RHB bonus saver. Lose interest of 3.x% of Rm6k (by placing rm500/month into it instead of normal FD - cannot withdraw the RM500). The reason for it is if you complete the deposit of rm500/month in the first year, your rate for the next hear will be fixed at 2.65% regardless whether you withdraw/deposit/just leave it). Only need to pay for atm card and get 2.65% which I am sure can be FOC if we cancel the card. Good deal.

However if you are like me maximising money, you will use maybank eGIA-i as your SA. Only hassle is need to uplift and place money every time you want to withdraw money. The good part is 4%p.a every month!!! Oh, capital, returns are not guaranteed but we already know that don't we?

Hope that helps.

This post has been edited by Ramjade: Apr 13 2016, 06:46 PM

no pidm protection right?

Nope. But maybank's putting it's reputation at stake if they don't deliver 4%

Sounds like u are already using GIA-i as a SA?

Not yet. Soon.

You have got a point if that is your intention. Only drawback is you will lose interest for the 1st year.



You cannot get the promotion for your existing SmartSavers account for sure. I am not sure if you can get the promotion or not if you were to open another SmartSavers account (SmartSavers-i, the islamic 1 perhaps). You need fresh fund for this, so cannot just transfer from existing OCBC account to the new SmartSavers-i account. Confirm with the bank if you are interested. Promo ending 30/4.

I know that's why I am thinking is it worth doing it to get a SA which gives 2.65%p.a at the cost of losing substantial interest?

still going for rhb?

suggest you go for ocbc 360 as u mentioned lo..

or mbb 4% but not guarantee?

Future wise RHB. Will never touch OCBC as I am not going to pay bills via OCBC nor I am going to add RM500 willingly into OCBC. RM500 might be nothing to you (seeing that you said RM1200/year is nothing) but for me something. Rather put into something without condition. Less headache.

For now, MBB 4% but as I said MBB have a reputation to protect. They offer less (quietly), people going to rage and won't trust maybank anymore in the future if they release similar products.

What if RHB revised the rate to 1.65%pa when you reach 12nd month?

They have been in the market for few years already. I think almost 3 years. If they want to change, could have change in the past. But they didn't change. Very unlikely they will change now. If change, just look for another SA lo. You play FD musical chair but you cannot play SA musical chairs? Truesavers not even one year from launch, already cut down the rates.

.

This post has been edited by aromachong: Nov 3 2016, 04:18 PM

I didn't mentioned anything about promotion. What I meant if lots of people exploit this loophole. Maybank might discontinue this product/lower the interest/introduce some penalty.

RM0.00 AmBank:Due to system glitch,withdrawal fee on ur TRUESavers A/C wasn't charged. RM5.30 will be debited.Our apologies.Info: bit.ly/1T2B2Lj or 0321788999

May I know what is this? I didnt even perform any withdraw recently. Even withdraw also wont be more 3 times a month. Why charge me RM5.30?

Contact customer service.

Already escalated. They do not know too. Need to check first

so u really got charged? or u just say it due from the sms/notification page only?

Really got charged. Available balance is less RM5.30 from current balance.

This post has been edited by kelvinlzy: Apr 15 2016, 04:11 PM