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 Ultimate Discussion of ASNB (47457-V) V, Wholly owned subsidary of PNB (38218-X)

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zakiyunos
post Jul 29 2016, 04:35 PM

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Hello All, Salam

I have a question about ASB
If my balance on 1st of August is RM100K
And on 2nd of August i top up and become RM150K until end of August.

Understood that my dividen for that month is from minimum balance for the month.

So is it RM100K or Rm150K to be calculated to get dividen for that month?

Please help to explain. Tq
zakiyunos
post Jul 29 2016, 07:28 PM

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Tq Ramjade.

So Rm50K wasted for 29 days without dividen calculated.
Do you know other option to invest RM50K to any other invesment regime that can calculate on daily basic before i reenter to ASB on first day of the next month.

I give example of Rm50K. But if Rm200K it actually make a big different right.
zakiyunos
post Jul 29 2016, 09:36 PM

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I am asking this because i get check which is floating and only clear on 2nd of August.
So wasted for 29 day without any dividen if I deposit on 2nd August since rule to get dividen calculated is "minimum deposit for the month only qualified for the dividen" and it is not pro rate.

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