maybe after few years when economy stronger a little?

Eg. Maybank 2 cards 5% rebate is back after how many years?

1 yr 7 mths for maybank to reinstate the 5% rebate

Hopefully this example can reoccur for e-Gia-i

Thanks to all posters who provide information on CMF. Here, I compare the two CMFs.


RHB Cash Management Fund 2

- Interest Rate: 3.35% per annum
- Withdrawal takes 2 days and can only be done on Mon-Fri (have to put in sell order by 3pm).
- NAV increases on a daily basis. So, upon withdrawal, principal and interest can be obtained at the same time, 2 days later.


Phillip Master Money Market Fund

- Interest Rate: 3.49% per annum.
- can withdraw at T+0 (fund credited by afternoon same day to Maybank account if redeem before 930am).
- Interest is only credited once, at the beginning of next month. So, upon withdrawal, only principal can be obtained at the same time.


Another downside is that for Phillip Master Money Market Fund, since we receive the interest late, we cannot compound the interest, by reinvesting the interest. This is particularly true, if we choose to withdraw our principal early of the month, and have to wait for the interest to be credited next month.

So which one did you choose?

Phillip Master Money Market Fund.

The comparison just shows the pros and cons of each CMF.

This post has been edited by kart: Jul 17 2017, 10:32 PM

hi bro, is above statement still valid? now already end of july.

Where got end of July? Today is just 20 July. Your calendar definition calls this as End ah?

yes.

Still valid.

Please uplift GIA on 31st July to lock-in the profit, then place it back again on the same day. Try test uplift on 1st August without requesting the TAC and see if the system calculate the 1 days interest or not. If yes, that means all GIA placements before 1st August will still entitle to "any time upliftment with full daily profit payment" for the very last time.

i guess i will just uplift it anyhow without putting it back as there are FD 4.3% elsewhere.

Once GIA lose the flexibility option, its time to say goodbye and hello to other FD promo.

Thanks for the info! 3.49 is relatively high

My contribution, since Ramjade brought GiAC to my attention earlier, my turn to share FSM's RHB Cash Manangement A/C returns after several batches moved from MBB GiAC to FSM's RHB Cash management



Bottomline - although not as flexible as old GiAc (bugger the new one), still good for storing temp $

Hi guys, anyone remember about the bank islam product (what's the name) that quite similar like mbb gia?

No it's not similar. No online application and uplifting.

Ya gonna do it otc, but does it works (interest calculation) like gia? What's the product name ya?

Who knows who cares? It's canmot be done online so I don't bother about it.

So can't help you here. You need to search back this thread.

ok, thanks.

thanks for the tips

You guys must be referring to Wafiah account, decent rate at 3.6%p.a, can withdraw anytime,
great if you live beside Bank Islam
http://www.bankislam.com.my/home/assets/up...h_ENG-FINAL.pdf