Keep in mind Ambank also counts transfer from truesavers > truetransect = 1 withdrawal.

Thing is the balance is not much so I didnt bother to transfer. Less than 3 transfer per month, sometimes none.

ATTENTION TO ALL!!! AMBANK WILL REDUCE THE RATE FROM 2.8% TO 1.8% EFFECTIVE FROM 31 MAY 2016!!!






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Old news. We already know. That's why few pages back we discuss substitution for it.

lol sorry i didn't see the post

AmBank's bank performance have been decreased due to various factors. Still prefer people to invest in UT for high returns over inflation rates. Namely Sarawakians!

Are you a UT agent?

East Malaysia region. Yes. But it's still a good idea to diversify your portfolio at AmBank and other bank institutes. Just saying!

Truesaver revise interest from 2.8% to 1.8%
Have to move my fund back to my rhb bonus saver account

Time to close account and categorise true savers as a rubbish SA with their T&C.

shall we go back to the good old money market fund?

Maybank eGIA-i? If yes, already ahead of you. If money market fund from FSM, not worth as liquidity and interest not as high as Maybank eGIA-i.

Too bad that i just enjoy 5 months of 2.8% only since Nov 2015

plan to move to GIA-i after reading few post in front.
want to double confirm, If i dun have 5k for 1 month, I can put for >= 2 month term, but we can uplift anytime and we still get the accumulated profit, right?


This post has been edited by edwardccg: Apr 23 2016, 08:39 AM

That's true. But keep in mind is not pidm protected. Your capital and returns are not guaranteed. But so far no problem and as I said, maybank have a reputation to protect.

Thanks for confirm.
Usually i only keep floating money (for paying cc/ pocket money) into saving acc, so the amount is not that huge.
Real saving put in FD and unit trust

Hope the GIA rate keep continue for next few years

Good move. These high interest rates SA, Islamic deposit are used to keep my 1 month emergency cash. I never need more than 1 month emergency cash.

The diff in interest for rm1000 in GIA-i & Saver-i is ~rm1.50/month. Luckily we can do this online otherwise not worth the effort. For me I keep <rm2000 in Saver-i.

Wait. What's saver-i? From which bank?

Believe he is referring to M2U Savers-i. But what exactly is the profit rate for M2U Savers-i these days ? I can't seem to find it online.