3.6%pa

17/1 to 14/2 using old rate

15/2 to 17/2 using new rate

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.

I try to deposit 5k at 6 March with the option of add to principal and i check back on
8 March it just showing my principal , So. means when i uplift then only i can see
the amount of my interest ?

When i try to uplift , closing amount RM5,000.96 ? 0.96 is the interest ?

Product type:  General Investment Account-i (GIA-i)
Account number:  252031210657
Cert reference no.:  00000001E
Term:  1 month
Maturity date:  06 Apr 2017
Current balance:  RM5,000.00
Name: 
Closing amount:  RM5,000.96

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.

read back the earlier question by mushigen

if you choose "add to principal" for the profit, what are the differences between 1-mth tenure vs 60-mth tenure? In terms of profit amount and auto-renew?

if 1-mth tenure, add to principal, and auto-renew?

if 60-mth tenure, add to principal, and auto-renew?

both same profit?

i think the different tenure selection is, at least, for campaign purposes, im not sure they are there for other reasons

Of course. Daily uplift and replace will give you higher returns vs uplift and do it once a month. Compounding is working.

Eg. Rm1000
After 1 day, you get RM1000.xx. You remove this RM1000.xx and place this as new placement.
Next day you get RM1000.xx + RM0.yy

if u have 1 mil, u wouldnt look at eGIA la

Fund from BT?

When applying for balance transfer , one is able to apply for more than the outstanding credit card balance ?