Anyone knows whether online payment for Astro bill is eligible for 3% rebate?

I know the following categories are excluded: -

a) Mobile Bill Payment (MCC 4813, 4814)
b) Utilities (MCC 4900)
c) Insurance (MCC 5960, 6300)

Which category does Astro belongs to?

It will cost you RM0.11 (inclusive of 6% GST) for transfer of your funds from Public Bank account to TrueSavers via IBG.

It will cost you RM0.11 as well for transfer of your funds from TrueSavers to Public Bank account via IBG.

However do note that each IBG will constitute as a withdrawal for TrueSavers. If you withdraw more than 3 times per month for TrueSavers subsequently you will be charged RM5.30 (inclusive of 6% GST).

It will be prudent if you transfer your funds from TrueSavers to TrueTransact (remember not to exceed 3 times per month) to enjoy unlimited free IBG for transfer of funds from TrueTransact to other bank's accounts.

For TrueSavers even if you do not deposit a single sen into it every month you will still be entitled to 2.8%p.a. interest on your balance, credited monthly.

For your information, there is a transfer limit for own fund transfer. You may view it using the method I stated above.

You never use maybank eFD before after what sifu Gen-X taught how to earn extra money?

You can just let it renew on its own with interest add-on. Or be like me manually uplift FD upon maturity to truetransect (interest also credit to truetransect). After that, add extra money (including sens) + original amount + interest (including sens) into new Islamic efd. That way, next month, you will get higher returns. Your effective rate is >3.15% p.a

Good point, I actually calculated last night and like the return is very little.
Moreover I will need to sacrifice one withdrawal from True Saver to True Transact just for eFD. I will skip.

Combine with HLB wise + true savers + eFD gives you the best returns.

fruitie
A trick I learned from sifu Gen-X with upgrades on my own. He promote m2savers but truesavers and Ambank Islamic efd is much more practical for those who spent less than rm5k/month

1. Know how much you spend per month (very important)
2. Allocate that amount.
3. Apply for HLB wise and truesavers.
4. Spend using HLB wise on/after statement date (do not exceed cashback limit)
5. Now you have about 30 days before the next statement date.
6. Dump whatever amount you will spend that month into 1 month Ambank Islamic efd (if >=30 days). If <30 days, dump into truesavers.
7. Upon statement date, uplift the eFD or use truesavers to pay it off (you can choose the option in truetransect to pay the card via IBG so it's FOC )
8. Whatever balance, interest earned put into 1 month Ambank Islamic eFD first together with next month money.
9. Before the next due date comes, the 1 month eFD would have matured. Just uplift and put into truesavers so it will continue earning 2.8%
10. Rinse and repeat

That way, you will get the 10% CB from HLB + eFD interest +/ truesavers interest.

Original method by sifu Gen-X is use m2savers and maybank eFD. To put 1 month maybank eFD. One needs min rm5k compare to min rm1k of Ambank Islamic efd. M2savers only earned you 2.25% compare to truesavers which earns you 2.8%.

In the event you scared payment is late, just use IBFT. Ambank now have IBFT not like last time.

Hope whoever reads this find it useful.

OT. Anyway, I read that you can ask the bank to set your statement date and bill date?

Would like to reconfirm the following:
- 3 withdrawal limit is impose on True Saver account only
- unlimited free withdrawals and online-IBG from True Transact account.

To make full use of these accounts n high interest n without incurring any fees:
-put funds in Saver Account to get d high inetrest,
-plan to have max three transfer/withdrawal to Transact account per month then use the Transact accounts to do online-IBG for payment.

last i asked, Savers -> Transact is considered as withdrawal, will utilize the "3 free withdrawals per month".

I have this problem as well. Only noticed this morning (it was debited on 25th March). Called and confirmed with CS I have only 3 withdrawals only so far and the third withdrawal was charged RM5.00 + RM0.30 GST. I think they screwed up the system. They better refund it or else another report to BNM.   

I have this problem as well. Only noticed this morning (it was debited on 25th March). Called and confirmed with CS I have only 3 withdrawals only so far and the third withdrawal was charged RM5.00 + RM0.30 GST. I think they screwed up the system. They better refund it or else another report to BNM.   

Have to go to the home branch to ask for reversal of the fees. Was told of system screwup where the transaction counts was for feb&march.

Not worth. There are other banks offering better rate than that for RM10k. You should park your money in Maybank eGIA-i 4%.