I consider myself an 'expert' (cough, cough) in analysing the credit points system for FSM.

For those who wish to save the RM25 transfer fees for the RHB fund houses when you transfer from one RHB equity fund to another RHB equity fund, you may do the following "magic". Eg:-

RHB China India Fund = RHB Money Market Fund = RHB Asian Income Fund.

Any tips for say ponzi 2.0 to Smallcap or kgf?

It in Vietnamese language which mean "Truth is I am a Vietnamese"

RM 26.50


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Dude, invest first-lah in FSM. Don't jump the gun. Do it slowly.

This switching thing only comes into the picture when you are changing underperforming funds later or switching out the excess profits.

I am sure the sifus here have different tricks up their sleeves to increase their profits or decrease the costs. I have already shared one tip already....

My experience. When my sister passed away early this year, I did ATM withdrawal at max rm5k from her HSBC account for 3 days and they made a call to my sister's handphone on 3rd day. Since my sister not able to answer the phone, the ATM swallowed her card on the 4th day. Bummer for me but it is a good protection for consumer.

As for online transfer, I made daily transfer to max of rm20k from Ambank to CIMB daily for several weeks without any question or calls from the banker. I did the same for several days from my dad's Maybank account to my CIMB account without any question. So should be no problem for your wife to transfer large sum of money to her account.

thanks for the latest input.
btw, any ebanking will do?
any special preference one....
can go from S/a to FD and back to S/a just in case need to withdraw money?
@Ramjade...you are the expert...any advise / tips here....

ATM kinda sucks.. I guess best bet is not to max out daily withdrawal limit for 2 days non stop. give some "gap" inbetween the days. than start back for 2 days again

at times Ah long or my son kid-nap-pers cannot wait.

at times Ah long or my son kid-nap-pers cannot wait.

This is what I know:
AMB, Manulife, PMB & RHB - Rm25 switching fee.
Pheim - 1% switching fee up to Rm100 max

The rest no switching fee but some got condition
Eastspring - 0.5% if switch within 90 days, min fund is RM1000 per switch.
TA - 0.5% if switch within 30 days. min fund is Rm1000 per switch.

if that the case. then needed to do OTC for withdrawal lor

this is something new that i learnt and realized today....
@Vanguard....do you know about this?

This is good only for small amount. If large amount, better transfer directly as it will double the number of days to switch and NAV would have moved away already positively or negatively. BTW, this RHB MMF is not the same as FSM CMF RHB MMF2, right? Thanks.

That amount includes 6% GST.

I've already experience with Ambank, Maybank and CIMB normal saving account. I guess others would be the similar. As for SA to FD, that would depends on e-banking facility for each bank. I know HSBC can perform everything online as I've tried that with my late sister's account and it has one account number for everything you have with HSBC including saving, FD, loan etc.

This post has been edited by kimyee73: Oct 27 2015, 04:45 PM

I think maybank, cimb and ambank would have no problem. I don't have any other bank account. So I cannot speak for the rest. But I know the 3 banks have no problem of transferring >RM5k. The most I transferred was rm6k.My recommendation is both of you have account at the same bank hence it will be instantaneous online transfer. Max out the amount you can withdraw from atm. Withdraw half half so that it won't trigger anything.

The best ebanking interest is m2savers (2.25% min rm2k. less than that no interest) and ambank Truesavers (2.8%, no minimum amount, but only 3x withdrawal/IBG. So increase the limit to make full use of the 3x withdrawal /IBG)

SA > FD > SA can only be done if the FD placed is a real eFD. But by placing eFD, you are earning like only 3.3% (board rates) compare to promo rates FD. What you can do is place FD at promo rates at banks which allow anyone to sign (affin and uob). Uob just need your IC and fingerprint to withdraw the FD. No signature needed I think. Affin really anyone can sign as I have experience it personally.

There's always gov hospital. One does not need to pay a lot for government hospital admission. I hope that helps

This post has been edited by Ramjade: Oct 27 2015, 05:14 PM

Eh, I have intra switched using Eastspring and TA equity funds before. I have never encountered this 0.5% switching fee before. Even today when I switched out from TA Global Technology Fund, I did not see this? Unless I mata sepet and missed out this detail in the transaction???

Yes, you are right. This is not meant as a wrap account thingy. If you are intra switching a large amount of money (from one equity fund to another equity fund), then there is no point in saving RM25.00. This applies if you are taking advantage of a sudden huge drop of the NAV in the equity fund that you are switching into. The projected profit that you expect from the rebound will be much more than RM25.00.

Yes, this RHB Money Market is different from the RHB CMF. I found out through the hard way....after burning more than RM100.00 performing intra switch from one RHB Equity Fund to another RHB Equity Fund.

So please learn from my mistake and save yourself a few hundred bucks. With the extra money, you can buy a good book on investing in unit trusts or on asset allocation. The book will pay back itself a hundred times more in the future.

No point saving RM80.00 to buy a book when you can make RM800.00 or RM8000 from the tips in the book. Sorry I am blabbering....

Please share how did you burn >rm100