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 Maybank eGIA-i 3.45% p.a., Rojak of SA + FD + MMF

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MilesAndMore
post May 26 2017, 11:21 PM

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QUOTE(Ramjade @ May 26 2017, 10:37 PM)
Fro eGia-i replacement
1) FSM CMF
2) OCBC 360 (deposit RM500/month + pay 3 bills using OCBC and get 2.9%pa)
3) UOB eAccount (only good for RM20k above as RM20k above give you 3.08%pa and UOB give free IBFT)
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Or RHB Bonus Savers
MilesAndMore
post May 27 2017, 08:40 PM

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QUOTE(Ramjade @ May 26 2017, 11:31 PM)
No not RHB Bonus Savers.
Reason:
1) Interest too low at 2.65%
2) Ned to deposit RM500/month for 12 full months without withdrawing to lock in 2.65%
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It's only marginally lower than OCBC 360 unless you are going to charge at least RM500 to your OCBC credit card too. You do need make some sacrifices to get a permanent 2.65% interest on your RHB Bonus Savers but that is life.


QUOTE(Ramjade @ May 27 2017, 07:40 PM)
They revised but seem easier to achieve.
0.5% - For your entire balance. (easy)
1.2% - Just deposit RM500 every month (easy)
1.2% - Pay any 3 bills online every month. (easy)
1.2% - Spend RM500 on your OCBC Credit Cards every month. (not worth)

Total = 2.9%https://www.ocbc.com.my/personal-banking/accounts/360/
I think the above is the update version.
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Nothing has changed as far as I'm concerned. It is exactly the same as to the time this account was first introduced.
MilesAndMore
post May 27 2017, 09:51 PM

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QUOTE(Ramjade @ May 27 2017, 09:11 PM)
I forgot about how is the old 360 but I know the new one is easier to achieve.
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They are the same. The requirements to get the bonus interest are exactly the same. Nothing has changed.
MilesAndMore
post May 28 2017, 06:07 PM

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QUOTE(cklimm @ May 27 2017, 07:25 PM)
I have posted about the changes in the OCBC 360 thread. I guess not many people saw it there, so here it goes: -

OCBC has revised the terms & conditions for OCBC 360 Account: -

https://www.ocbc.com.my/assets/pdf/Accounts...1115_ACC360.pdf
Among the highlights are: -

1) Credit card bill payment is no longer considered as eligible for Bill Payment category for Bonus Interest

2) Multiple payments to the same account will be considered 1 payment only, meaning split payment does not work anymore

3) IBG payment to other banks will be included as well in Bill Payment category

4) Minimum balance is RM0 now instead of RM20. However, account with RM0 balance for more than 90 days will be closed.
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Noted with thanks. I was not aware the changes come by the removal of OCBC credit card bill payment and so on. So it means the loophole is now closed too. I am still using the OCBC Titanium MasterCard to buy KLIA Express tickets every month to get the 20% discount and had always made 3 split payments to the same credit card account to get the bonus interest for bill payment. I guess that no longer works now. Good thing they now consider IBG to other banks as bill payment but might have to look for alternatives again when the free MEPS instant transfer ends.

This post has been edited by MilesAndMore: May 28 2017, 06:08 PM
MilesAndMore
post May 29 2017, 08:11 PM

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QUOTE(Nom-el @ May 29 2017, 12:20 PM)
You are welcome. I have also been making 3 split payments to the same credit card account to get the bonus interest as well. Now need to find other ways to get the bonus interest. IBG payment to other banks' CC or loan account is considered bill payment. Not sure if IBG to other banks' CASA is considered as bill payment or not. Is IBFT included as well? hmm.gif
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From my understanding it includes interbank transfer to CASA as bill payment too. I have done multiple interbank transfer using IBFT since the beginning of this month from my OCBC 360 account since the start of the free Instant Transfer. We should know the result in a few days time.


QUOTE(Nom-el @ May 29 2017, 12:20 PM)
Can consider Bank Islam's Wafiyah Investment Account. The rates are even higher. I shared it here before: -
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This is indeed like Maybank GIA. Can we do everything online though ?
MilesAndMore
post May 30 2017, 01:18 AM

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QUOTE(fruitie @ May 29 2017, 09:08 PM)
Can withdraw anytime?
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From the T&C we can and we won't forfeit any interest. But not sure if this can be done online.
MilesAndMore
post Jun 15 2017, 02:02 PM

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QUOTE(Nom-el @ Jun 8 2017, 05:06 PM)
Have you checked your bonus interest for OCBC 360? Does IBFT count as bill payment?
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Yes. IBFT to other bank's savings or current account counts as bill payment too.


QUOTE(borneoman1 @ Jun 15 2017, 05:32 AM)
I just got an email reply from the bank. Bank Islam's Wafiyah Investment Account, all done over the counter only, sadly.
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Thanks for the update. It is a shame that we couldn't do it online.

This post has been edited by MilesAndMore: Jun 15 2017, 02:03 PM

 

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