GIA 1 month interest only 2.75% now? Just place 5k just now n notice only 2.75%, lower than normal FD, tomorrow need to uplift

Bro, so drop back to 2.5 again?

below 5k cant get interest. just tested.
above 5k got. but low rate as 2.5%

sorry noob question. basically for gia account u need  min 5k in order to get interest?
E.g if i put 3k and withdraw 3 weeks later can i get interest?  tqvm

Important Notice: Mudarabah IA - General Investment Accounts
13 JULY 2018

Dear valued customers,

Kindly be informed that effective 16 August 2018*, the Customer of General Investment Account –i (“GIA-I”) with tenure of 1 (one) month are allowed to do premature withdrawal of their fund from GIA-i account. However, the payment of profit (if any) will be paid based on the number of days of the investment.

Except for the said revised terms, the terms and conditions for premature withdrawal  of GIA-i with tenure of 2 (two) months and above shall remain unchanged. Please refer to the Product Disclosure Sheet (PDS) and General Terms and Conditions (“GTC”) for further details.

---------------------

*revised effective date from 1 August to 16 August 2018.

Where did you get such info?

When I checked the Product Disclosure Sheet at M2U, it is stated :

Premature withdrawal prior to maturity of tenure is subject to the following conditions:

- For withdrawals within 3 months of the investment tenure, the customers shall agree to waive the right to receive all of the attributed profit;

- For withdrawals after 3 months of the investment tenure and before the maturity date, the customers shall agree to waive the right to receive 50% of the attributed profit.

not affecting 1mth eGIA

The above conditions does not apply for 1 month GIA-i placement. Customers may withdraw the Fund at any time and will receive the accrued profit (if any) based on the number of days of the investment.

the rest follows as posted by maybank.

bro i get this new msg when uplift gia 1 month.
no special benefit for gia rite

gia one month further reduce to 2.25% pa
then today he dont allow me uplift withdraw from old m2u & new website

i was entry early this month. kira few weeks ady.
he redirect me to new site, ask me to wait 30 days


no uplift allowed

hi all, im new to GIA and want to clarify something, called their cs but they seem dont know anything

why cant i view the GIA fd in new m2u? only can view in classic web
i will only know the psr upon maturity? any past record of psr this yr i can refer ?
what does it mean by the sharing ratio? let say consumer:bank ratio is 60:40 / psr 3.2% means i will only get 60% of the 3.2% psr?

kindly enlighten 

if i place certain amount for 2 month, then after few days i changed to 1 month

what will happen ? will i get the int for the past first few days?

What's the rate now? plan to go for multiple 1k placements for two-month tenure

Pardon my poor math. so at 3.05%, for 1k placement, 1 month is equal?
3.05%/12×1000=RM2.54?

for 'auto renewal' placements, is the rate fixed at the time of purchase, or will depend on the rate at the date of renewal?

aaahh cheh true also! i set it to auto renewal because i thought can lock rate *smack face*

eh wait? so if i subscribe at 3.05% on 23rd Oct, the rate will also be revised on 16th Nov? i thought the rate is commited for the whole tenure period (in my case, is 2 months), i.e. until 23rd Dec

What is the rate for GIA now?

Before i place, the link for me to view the rate stated 1 month is 3.2% p.a.

After i place, the rate show 2.25% p.a. 

Feel like being cheated!

I know now 1 month can withdraw with daily interest, but i didn't know the rate can be so misleading.

Anyone place 1 month, and withdraw is it 2.25% p.a.?

If yes, i will uplift tomorrow.

Is my mistake, initially want to place eFD, the rate for 1 month is 2.9% p.a, click in GIA see is 3.2%p.a, so give a try...

I login M2U classic, then choose Fixed Deposit, placement, then GIA-1, select 1 month, then the next screen before key in the amount, there is a link 'View your new General Investment Account-i (GIA-i) rates'

That's is normally where i check the rate before i place Conventional eFD.

I believe is the website link didn't update... 

Now I discover the word '* Effective from 16 June 2018 to 15 July 2018' after i re-login to capture the link.

My mistake didn't read this last sentence, however MBB have responsible to update the link!

Hi guys, I tried to place gia but after confirm it showing "pidm acknowledgement is required".

But the problem is I couldn't found that "small box" to tick.

How you "reached" this page?
I tried with m2u (old), cannot found it at all

Unfortunately, no. It is an FD so no interest is uplifted prematurely