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.

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.

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.

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

2.25% the last I checked (almost a year ago). Same as their m2savers.

Really?

This post has been edited by Ramjade: Apr 23 2016, 12:27 PM

If maybank introduce some kind of penalty, rhb will be my backup. Besides I can use rhb to topup ASX fixed price something which is limited in maybank and cimb.

Of course. Give us 3 good reason why we should stay with SA which gives miserable rates when others are giving better rates.

Do you really need the free MEPS with cc and say maybank (maybank ATMs can easily be found)

They bluff you. Did a premature withdrawal, still get interest. Don't ask them check with HQ. Later HQ close the loophole.

This post has been edited by Ramjade: Apr 24 2016, 01:25 PM

Of course they will say that. Banks want to lock their customer money.

See few page before this.

This post has been edited by Ramjade: Apr 25 2016, 09:25 AM

Not worth. Discuss before. 5% is the interest of the interest. So eg your interest is RM100, you will get extra RM5.

Why bother with ambank islamic efd? A SA is used for flexibility. If cannot withdraw, beats the purpose of a SA.

Wadiah is normal savings. Is Islamic product but you don't need to be worried or bothered. Is just name and and how they implement it. End of the day still a saving ga account. It will incur a charge of RM8.48/year. You have to request for a free one. Free one will limit your atm withdrawal to 4x/month but you will still get unlimited online transfer. Interest is miserable. Just keep rm1 inside.

Mbb saver-i is their higher interest saving account that one open online via m2u. Interstitial is 2.25% p.a. Must keep Rm2k inside only have interest. Below RM2k, no interest. Unlimited atm withdrawal. Minimum limit rm250. Useless account when there are other better choice out there.

Maybank account is good cause atm are everywhere. Depends in what you want the account for. High interest, free IBFT, for amanah saham, close to you, etc

Correction. Wadiah savings account is rm1.

If high interest is what you are after, read back a few pages. I listed out three accounts with it's pros and cons. Right now, my SA will be maybank eGIA-i. Is not a SA but I will treat it as one.

This post has been edited by Ramjade: Apr 25 2016, 06:50 PM

Rm8.48 = bank charge you yearly for the account. Most banks in malaysia charge you that. But you can prevent that from happening by asking for a BSA when you open account. In maybank case, you can choose the free one or the Rm8.48/year. Again, they won't tell you the free one exist. Need to demand for it.

RM1 is the minimum amount for wadiah. For BSA, minimum amount = RM20. Which means you cannot withdraw all. Max you can withdrawal is until that amount.

If already open, just go to any branch, tell them I want to to change my wadiah to the free one. Sign some papers. Problem settle. No need to open bsa.

This post has been edited by Ramjade: Apr 25 2016, 08:12 PM

If you have rm5k, can put 1 month -60months
If you have less than that, you can only select 2-60months.

Bur tenure of placement is not important as you can even uplift the next day and get interest. :thumbsup:

Keep it mind that's capital and returns are not guaranteed.

Saves the hassle of putting in again. Takes less than 5 minutes, but it's still time.