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 did put many 1k placements for 12mth tenure @ 3.25%.

when the time comes next month onwards, I'd still get daily interest upon uplift.

of course this won't last long anyway.

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

Dear valued customers,

Kindly be informed that effective 1st 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.

No, that was the case a few years back. Not anymore. Starting from 1/8/2018, the ability to get profit based on number of days only applies to 1 month placement. For all other tenures, you must complete it to get the profit, meaning not based on number of days completed. So need min. 5k to enjoy the flexibility.
For GIA-i, the underlying asset is loan to Maybanks' customers (retail financing).

I checked the Maybank announcement again and now it says effective 16 August

https://www.maybank2u.com.my/maybank2u/mala...nt0718_mia.page?

If the amount is more than 20k, why not UOB ? Above 20k 3.13% or above 50k 3.6%. With savings account flexibility too.

This new eGIA just nice to fill the gap for under 50k parking money.

will update tomorrow and check the uplift amount vs principal amount