Yes.

website update yesterday the rate on 16/8/2016
but stated "Effective from 16 July 2016 to 15 Aug 2016"???



so, it will reduce our interests from 3.75% to 3.58% for that periods as well?

This post has been edited by nbi: Aug 17 2016, 05:02 PM

So steep reduction within 1 mth or so. Luckily I have moved out all GIA-i funds.

Move them to where kangaroo's are ......................

This post has been edited by bbgoat: Aug 17 2016, 04:48 PM

As some of u may know, I have trouble with my MBB GIA-i interest crediting. They are now manually crediting the "extra" interest to my account without me chasing them every month. That is GOOD !

So for the 4.5% of the 10th month, they have credited the extra interest. This made up to total of 4.5%. Though I received the about 3.8% on 5th Aug. Then now the coming Sept will receive 3.58%. But with adjustment hopefully still get back to 6% for last 2 months.

Add: This is the only one I left which is of 12 mth tenure, eff 4.5% interest.

This post has been edited by bbgoat: Aug 17 2016, 06:15 PM

I think the date is incorrect... should be Aug till Sep...
based on my interest receive ytd, i still get 3.75%

the one matured in OCT?

I think their website forgot to update the dates.

Too many people using eGIA-i liao. Bank losing too much money. Oh well. It was good while it lasted. But still better than any 1 month eFDs.
Later with a cut in OPR some more plus I foresee a further a cut in interest by maybank for eGIA-i (2x cut) I no eye see the interest rate anymore. Enjoy while it last guys.
This is perfect example that I state if banks can affort to give 3.75% but instead choose to give 3.58% shows how much money the bank is sucking from us. Hence go for highest interest to decrease the amount of free money we are giving the bank.

This post has been edited by Ramjade: Aug 17 2016, 05:39 PM

2 more months to go for me for the MBB GIA-i. Last 2 mths 6% pa interest.

Add: I think u meant if I moved out the eff 4.5% one. No, I moved out only the 4%, 3.75% one. Leaving only the eff 4.5% one.

This post has been edited by bbgoat: Aug 17 2016, 06:15 PM

yes so far history prove kangaroo is good

FD just matured today!

Should I go for Affin Bank's 4.25% or wait for Merdeka promo?

4.25% need to buy UT.

Ah. Probably will wait till next Monday before deciding again.

if i am you, i will go for affin 4.25% grab it nw

But have to buy investment products, take loan, HP etc.

This post has been edited by bbgoat: Aug 17 2016, 10:39 PM

Oh i missed this part.. no lo if like that

but i think if unit trust should be okay .. or hire purchase / housing loan

Thanks for d update

The way maybank are going, don't be surprise GIA become 3.50% next month

Go for straight forward 4.05% 1st
Take note tat d offer will close once they achieve quota

I will stick with it as long as its above 3.3%,
else, I will back to the good old cash management fund