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

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Ramjade
post Nov 8 2016, 05:04 PM

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QUOTE(bm_kia @ Nov 8 2016, 05:02 PM)
Thanks. Another noob question: Do you get the interest immediately upon upliftment or do you need to wait till end of a month?
(Since it says on the website that Payment of profit is on monthly basis)
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You get interest immediately but you cannot withdraw immediately on the same you day you place.
Ramjade
post Nov 8 2016, 08:35 PM

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QUOTE(Avangelice @ Nov 8 2016, 08:31 PM)
question what's the chances of you losing your principle.
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Maybank bankrupt. Or don't want to honor the principal = cause backlash among consumers (how many customer will not trust maybank anymore?) = cause trouble for them now and in the future thumbup.gif

Track recoed: 6 months+ no problem.

Even some guy put 6 figure inside while waiting to TT to for his kid's tuition in US. whistling.gif

This post has been edited by Ramjade: Nov 8 2016, 08:46 PM
Ramjade
post Nov 8 2016, 09:16 PM

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QUOTE(DarXnight @ Nov 8 2016, 09:04 PM)
Will have higher returns since profit is added to principal?
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Yes. Even higher if uplift and put new placement everyday. But who so rajin. laugh.gif

QUOTE(Avangelice @ Nov 8 2016, 09:09 PM)
looks interesting. who's with me to put in 5k into this?
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Been there, done that (>RM5k) biggrin.gif
My 4 digit is peanut compare to someguy with 6 figure whistling.gif
Ramjade
post Nov 8 2016, 10:48 PM

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QUOTE(Left4Dead2 @ Nov 8 2016, 10:43 PM)
Not covered by PIDM, i mean does Maybank takes the FD away before ??? When economy now is bad, the principal will be gone if Maybank losing ??  rclxub.gif  rclxub.gif
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Hahahahahaha sweat.gif sweat.gif sweat.gif
No such thing. Already over 6 months+, all safe.
Ramjade
post Nov 9 2016, 06:57 AM

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QUOTE(knwong @ Nov 8 2016, 11:48 PM)
How much more can I earn if I do this placement and upliftment every single day?

Say I put RM5k
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RM5,183.27 effective rate: 3.6654%

https://www.investor.gov/additional-resourc...rest-calculator
Ramjade
post Nov 9 2016, 07:49 AM

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QUOTE(knwong @ Nov 9 2016, 07:43 AM)
Thanks. So if I left it mature monthly I'll get RM5,183.00 according to the link you gave

That's only earning RM0.27 more after 1 year if I uplift daily. No need to waste time la
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It's not meant as long term parking place. But short term parking place.
Ramjade
post Nov 9 2016, 08:59 AM

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QUOTE(AIYH @ Nov 9 2016, 08:18 AM)
risk is not a problem, but given it is not protected, fixed income do provide better returns then GIA for now (unless they raise OPR until fixed income return dont look attractive, then thats another story innocent.gif)
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You are using ASX fp to park short term fund? shocking.gif

QUOTE(epie @ Nov 9 2016, 08:28 AM)
what is ur opinion about the risk involve?
i am confident with maybank and i think the risk is really small to none
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Same here. If maybank kaput. Malaysia economy also kaput.

QUOTE(vincabby @ Nov 9 2016, 08:41 AM)
this is how i handle my funds. i put them all in maybank2u savers with 2.xx% per annum with a balance of more than 2.5k. make gia-i for two months.

in your case, still doable. put in gia-i for two weeks, reap the rewards, take it all out and rinse and repeat every month. no penalty for taking it out early if that is what you are worrying.
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Keep in mind that below RM2k you won't get anything from M2savers. Interest for >=RM2k is only 2.15%
Ramjade
post Nov 9 2016, 09:36 AM

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QUOTE(christ14 @ Nov 9 2016, 09:17 AM)
im not sure about this if i have not read it or not found.. but can we open like 2-3 gia acc? for example. first one 3k. not gona do anything. 2nd one open put in 1k. 2 weeks later take out pay cc. 3rd one more or less same as 2nd ?
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QUOTE(vincabby @ Nov 9 2016, 09:21 AM)
ramjade should have done it before. i think it should be ok?
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Yup possible. I held 7 placement in eGIA-i before. Then another time I make placement then uplift the next day (multiple times) biggrin.gif
Ramjade
post Nov 9 2016, 10:06 PM

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QUOTE(Dividend Magic @ Nov 9 2016, 09:41 PM)
boss, i don't see the instruction to add to principal.
Am i missing something?
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Before pressing confirm, select 'back', you should see credit to principal
Ramjade
post Nov 10 2016, 07:59 PM

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QUOTE(bearbear @ Nov 10 2016, 06:46 PM)
I try this "add to principal" trick the profit rate is not been displayed in the cert? instead it read "rate as declared on maturity date".
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Don't worry. It's always like that. They cannot say how much they will give you.

Just look at interest and the date.
Ramjade
post Nov 10 2016, 08:44 PM

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QUOTE(bearbear @ Nov 10 2016, 08:09 PM)
you did this on previous promo? i am on 12 months so was kind of worry.
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No I don't do eGIA-i promo. But people who did that so far got the rates mentioned.
Ramjade
post Nov 16 2016, 08:52 AM

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QUOTE(Avangelice @ Nov 16 2016, 08:51 AM)
oh he'll no. this a crime. I forgot the technicalities but writing a fake cheque can and will land you in hot soup.
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Is not a crime. You can write a cheque but say your bank account is zero = cheque bounce. Anyway I wouldn't do that. No point black list my name only.

This post has been edited by Ramjade: Nov 16 2016, 10:10 AM
Ramjade
post Nov 16 2016, 04:34 PM

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QUOTE(ashx @ Nov 16 2016, 04:33 PM)
When is the new rate out usually?
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15 of every month.
Ramjade
post Nov 17 2016, 05:12 PM

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QUOTE(christ14 @ Nov 9 2016, 09:17 AM)
im not sure about this if i have not read it or not found.. but can we open like 2-3 gia acc? for example. first one 3k. not gona do anything. 2nd one open put in 1k. 2 weeks later take out pay cc. 3rd one more or less same as 2nd ?
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Of course can. I do that all the time.
Ramjade
post Nov 18 2016, 07:46 AM

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QUOTE(christ14 @ Nov 18 2016, 07:35 AM)
3.55% ........
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Is still higher than any bank 1 momth FD.
Ramjade
post Nov 20 2016, 09:21 AM

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QUOTE(suntharram @ Nov 20 2016, 09:14 AM)
MAYBANK E GIA WILL BE A GOOD MONTHLY SAVING WITH GOOD RETURN...??
OR ANY OTHER SUGGESTION FOR MY CASE..  confused.gif

IM STARTING WITH 8 K PLACEMENT...
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Depend on your definition of good. Read the first page.
Ramjade
post Nov 20 2016, 01:10 PM

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QUOTE(MiKE7LIM @ Nov 20 2016, 01:01 PM)
3.55%

example min: 1K = RM35.5 /12 mth = RM2.958 ? correct right?
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Nope. RM1000 x number of days/366 x 0.0355
Ramjade
post Nov 21 2016, 05:25 AM

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QUOTE(fruitie @ Nov 21 2016, 01:48 AM)
Put in a 5 figure for GIA 6 in last month. Hope I made the correct decision and hoping I could lock it for 6 months until April. laugh.gif I'm a big fan of GIA-i due to its flexibility and have been introducing close friends and family to put there for short term purpose rather than putting in SA. laugh.gif
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There's no locking 6 months as the rate change every month. sad.gif

This post has been edited by Ramjade: Nov 21 2016, 11:03 AM
Ramjade
post Nov 21 2016, 11:10 AM

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QUOTE(fruitie @ Nov 21 2016, 11:06 AM)
I see. Then how does it work actually? unsure.gif
user posted image
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I think this is the GIA promo one right?
Ramjade
post Nov 21 2016, 11:15 AM

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QUOTE(fruitie @ Nov 21 2016, 11:14 AM)
Yes, I supposed. Mine is this.
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Not sure if promo can uplift early and get that rates. Never done it before.

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