ur hp rate is fixed rate mah, pay now or pay on schedule wont save u money

month 2 profit is in for the GIA 6-mth Promo.

Month	Fund (RM)	Rate (p.a.)	Profit (RM)
1	10,000.00	3.6%	30.55
2	10,030.55	3.6%	30.67
3	10,061.22	3.6%	expecting 27.79

This post has been edited by cybpsych: Feb 25 2017, 12:29 PM

1st time user only. more like a disclaimer that you understood the risk and product features of GIA.

after this, a virtual GIA account will be created.

subsequent placement, easy peasy. each placement = 1 certificate under the virtual account.

is there a place for u to accept the risk & t&c?

perhaps u didn't agree, so it keep popping out the disclaimer n disclosure.

interesting.

earlier, users were not presented with the questionaire. just normal placement.
then, users were presented with questionaire, but one-time only before placement.
now, users were presented with questionaire, before every placement.

read again la.

questionaire only for first-time user. somehow this time, it keeps popping up for them.

i dont get the questionaire ever cuz it was opened prior to mbb implementing the questinaire.

yalor, u quote me mah. I response lo.

should've quoted to the person you trying to convey or started the issue

same place where u have options to select --- view placement, make placement, uplift placement, modify placement.

u used the "modify placement"?

when did u make the placement? today?

u don't need to modify all 4 parameters. just modify the part relevant to profit crediting.

if still problem, retry later.

it won't impact ur placement unless near monthly maturity where profit will be declared into your SA.

this month's rate drop to 3.45%

this rate is valid until 15 Apr.

new rate every 16th.

First of all, gia is not fd.

The gia rate is between last month's 16th until this month's 15th.

Any placement within this period will be the stated rate.

It rate revised later, ur existing placement will get the revised rate accordingly, based on the new period cycle.

That means the rate is applied on daily basis, irrespective to when u place it.

No indifference.

Rate is applied on daily basis.

U put 60months doesn't mean u get upfront profit in full. Upon withdrawal, the profit is given on the duration of placement, even for 1 day.

just put your money anywhere you feel safe and rewarding.

your risk appetite is different than mine, and different than others

why would there be?

if too much to handle, uplift and combine them back with new placement lo


if too much money , should put into FD with higher rate. use gia for short-term only, like 1-3 months.

if you have too much money and no plan to use it, FD is still the best.

check the FD topic, banks already offering 4%+ for 6-mth and 12-mth placements.

withdrawal day doesnt get profit (not counted) anyway.

here's what i've gotten for my withdrawal yesterday:

Amount (RM)	Rate (% p.a.)	Placement Date	Uplift Date	Day Count	Profit (RM)
1,100.00	3.45	1 Apr 2017	14 Apr 2017	13	1.35

Total uplifted amount: RM1,100 + RM1.35 = RM1,101.35

Profit calculation: RM1,100/365*3.45%*13 = RM1.35

looks like this month's rate maintain at 3.45%

i suspected so.

the "add to principal" event only occur when it's "matured". if 1-mth tenure, then maturity is "monthly", so the profit will keep added to principal, and renewed again.

if 2-mth or 60-mth tenure, then "add to principal" would only occur after each maturity cycle of 2-month or 60-month. obviously, you'd lose some compounding profit.

in general, the "add to principal" is hidden in m2u, but only visible if you go [back] on the placement page. this is a m2u design loophole MBB didnt aware of


as such, daily profit calculation would be the same for all tenures, but will impact the compounding profit when applying the "add to principal" method.