Affin up the game otc at 4.15% 12m

Tiger & Sotong??

Or the old cinaman one?

bank rakyat still available?

Wondering if anyone tried cancelling the CIMB debit card (afaik it's the most expensive at RM12 annually), and can still use internet banking after that

All banks use this "scare tactic" to 'force' us to take up their debit card which is quite redundant for some of us. I will try to cancel my AMbank debit the next time I visit the bank and will see if I can still use internet banking after that. 

AM Bank 50% FD + 50% True Saver Promo

(1) 12 Months FD rate 7.25%
(2) 6 Months FD rate 7.05%
With Monthly interest
Valid until March 2024 or hit target

For example:
(1) If place 12 months FD with True Savers: 7.25% + 0.75% = effective rate 4.00%
(2) If place 12 months FD with True Savers: 7.25% + 1.9% (0.75% + 1.15%) = effective rate 4.575%
(3) If place 12 months FD with True Savers: 7.25% +  2.5% (0.75% + 1.15% + 0.6%) = effective rate 4.875%

https://www.ambank.com.my/eng/TRUE-Saver-Account-i

Note: Other Am bank saving accounts will get different rates

Meaning?

No maximum limit of FD deposit for this promotion, according to AM Bank staff

I think you and your RM are right 

I placed my bundle FD + True Saver at total RM 200K+ on 11 Sept
I deposited RM 3000 to True Saver on 12 September hoping to get 1.9% (0.75% + 1.15%)

But I only received interest RM 48 on month end of September

My calculation (1) :
RM 113k in Trus Saver divide 100 x 0.75% = RM 847.50 interest per year
RM 847.50 divide 365 days = RM 2.32 interest per day
From the day of 12th in September util month end = 19 days
RM 19 days x RM 2.32 = RM 44.11 ---> close to RM 48

My calculation (2) --> This is correct if based on to count only max RM 100K from True Saver
RM 100k in Trus Saver divide 100 x 0.75% = RM 750 interest per year
RM 750 divide 365 days = RM 2.05 interest per day
From the day of 12th in September util month end = 19 days
RM 19 days x RM 2.05 = RM 39.04 ---> close to RM 48

[attachmentid=11482724]

Got....
Just received RM 73.60 few min ago...  ---> so, this RM 73.15 should be from 1.15% bonus rate..

So far received RM 48 (0.75% on 30 Sept)  + RM 73.60 (1.15% Bonus rate on 21 Oct) = rm 121.60  :thumbsup:

[attachmentid=11482751]
[attachmentid=11482757]

https://www.ambank.com.my/eng/TRUE-Saver-Account-i

pleasant surprise...ambank is paying more that what is stated

RM48  is way above base rate 0.75%

RM73.60 also is more than 1.15%

but i dont believe ambank system so lousy overpaying,,something is wrong in calculation somewhere
,must  calcuate MAB of the true savers if you have in and out..

another 11 months to go

my question is why must i tell them in advance that i don't want to auto renew ?  because i didn't inform them in advance, they auto renew it for me at 2.35%. i was not inform that i need to tell them in advance. so i have to stick to 2.35% for another 11 months. or if cancel it now, i need to pay the bank RM700

i am not familiar as a Singaporean but i thought this is unfair to me

RM 700 is the interest i will lose if i don't want it to renew it. of course i don't want to renew as 2.35% is lousy. but i will lost the 700 interest if i cancel it
my question is if auto renew is the norm in Malaysia? if i dont tell them, the default is auto renew.

Hi, the website link only talks about the True Saver Account mechanism. How to do the FB 50:50 bundle, that is under which campaign?

Cap RM100K at True Savers account, means if I place RM300K, RM150K will go to FD and RM150K will go to True Saver. The RM150K FD will enjoy what rate? and will the balance RM50K at True Saver will get any interest? The FD tenure is only for 12 months?

Can give hint what amount is eligible for the 7.45% special rate?

Thank you