tat should be "happily" did not see maturity. got high interest short term. then go for higher fd rates.

haha those are going to dispersed for S&P and loan agreement fees jor

I just got to know True Savers account will revise to 1.8%

So, I have Maybank Savers account, shift everything back to Maybank Savers or any better option for higher interest?

eFD is OK for me but preferable shorter period like 1 month.

Will need to shift tomorrow. Can I like deplete it to RM 0 for my True?

Wait, I saw this: "Kindly note that for customers who open their TRUE Savers Account before 1 May 2016, you will continue to enjoy the existing 2.8% p.a. flat interest rate on your TRUE Savers Account until 31 May 2016. All other features of TRUE Savers Account shall remain unchanged."

So, I still can keep until end of this month right? I opened my account early this year.

This post has been edited by fruitie: May 3 2016, 05:41 PM

Use M2U to open GIA-i account n make ePlacement to get ~4% interest, gain daily interest with no penalty when uplifting prematurely. It has been discussed in this thread few weeks ago. No other better account for temporary parking of funds.

Thanks! Then, I will just park mine there.
Will do it tonight. If GIA-i is a better idea, I shouldn't have opened any True account earlier.

M2U Savers, RHB Bank Bonus Savers or you can park your money online at Maybank e-GIA.

Or you can do what I intend to do. My mom has a Golden Savers Account but she doesn't use it. So I intend to ask her to go to Maybank to open a Golden Savvy Account-i and let me use her account for my daily transaction needs. It's a Maybank Islamic Account that pays 2.80% profit per annum. It's an account better than M2U Savers as the minimum balance need to be kept in the account at all times is only RM1.


Check out Maybank e-GIA. Everything can be done online. And best of all, there is no penalty for premature withdrawal.


Yes. You can. Been there done that.


Yes

Thanks for feeding me with those information!

Golden Savers Account? I will read through it and probably get my parents to shift theirs there.

I guess e-GIA is a better choice for me.
Thanks a lot!

Could anyone confirm that Junior saving account will still be maintained at 3.15% interest rate and not affected by the Ambank lowering the saving interest rate?

No problem. Golden Savers Account pays meagre interest. Look for the Islamic version of this account which was renamed as Golden Savvy Account-i last year.

Alright, will take note of that but meanwhile kaotim mine first.

Didn't know you can do that. Excellent. Going to do just that and put into maybank eGIA-i

This post has been edited by Ramjade: May 3 2016, 07:17 PM

if i dun hv any Maybank account, yet i wan to transfer my saving to e-GIA. How?
my plan:- to open a maybank basic SA (with ATMcard without annual fee), and register M2U online account and place my money to e-GIA.
Is it workable?

Yes because GIA-i only works with M2U.
While you are there, might as well also register Maybank Savers account with M2U to earn interest but with minimum RM 2k.

yes basic SA is enough. and start playing in M2U for the eGIA-i placement.

if you're treating eGIA-i as pseudo-savings account, then M2U Savers is redundant because you will always push the money into eGIA-i (min 1k).

if money always less than 1k, then the few hundreds in M2U Savers or Basic SA wont give anything anyway. so, better take cash out for ad-hoc use.

furthermore, M2U Savers need min RM250 holding balance, which sometimes i think too high cuz i also want to take some cash into wallet. (e.g. rm100-200). Basic SA, like Wadiah, only need RM1 balance.

I thought Gia-i minimum is RM 5k?

That's for 1 month placement. But for >1 month, the min required is Rm1k. Duration of placement for >1 month is not important as you can withdraw the next day and still get 4% p.a interest.

This post has been edited by Ramjade: May 6 2016, 08:58 AM

Ah! So that means if I choose 1 month, I cannot withdraw anytime I like?

Can. It just need min rm5k to put into GIA-i. Difference is for 2 months above, you just need min Rm1k. Lesser amount. Both can withdraw anytime.

I learnt something today, I thought always min RM 5k. Thanks!

M2U eGIA-i (or eFD in m2u) need 5k min for 1mth tenure whereas 1k min for 2mth++ tenure.

irrespective to the selected tenure, you can uplift whenever you want, and still get the profit.

so, i just treat eGIA-i placements are pseudo-SA; anytime SA >1k, i just push to 2mth tenure placement. few days or weeks later, i uplift the fund+profit for other uses (house loan, car loan, credit cards, etc.)