With the overwhelming response from the Boosted SmartSaver plan we had earlier this year, we’re glad to announce that it’s BACK! Boosted SmartSaver 2.0 is now fueled with more power for more savings.

Enrol to the plan here and save a minimum of RM150 for 6 consecutive months to receive rewards every 2 months. Here’s what you can expect along the way:



How to participate:
1. Enrol for Boosted SmartSaver 2.0 between the 3rd - 31st of August 2020
2. Save RM150 for 6 consecutive months
3. Fund your SmartSaver goal via Boost
4. Receive your reward of RM5 cashback on the 2nd and 4th month
5. Answer the golden question here and receive RM500 worth of gold upon completing 6 months
*Limited to 30 savers chosen at random

Save RM150 for 6 consecutive months (RM 900), only confirm get RM 10 cash back, not worth.

That RM 500 cash back need pray for luck.

basically u will lose more than that unless u can get the annual dinner lucky draw from them

When market good, the gold price will not hike up so fast it takes long time to go up....we kena annual fees charges counted on daily basis for the gold bought.

When market not good like now, gold price shoot up, they introduce premium fees.... so we kena pay juga extra %%%

How also end user lose. So better change name BYEGOLD.

It says about 2%monthly fees?
Charges monthly 20 for parking the gold there?
Then no good for long term investment?

This post has been edited by yahiko: Aug 6 2020, 10:10 PM

are you refering to the management fees?
if yes, then i think the 2% is annually not monthly
https://help.hellogold.com/en/category/fees/

The fee is calculated daily and charged on a monthly basis
So they level load down by daily?

sine it was charged monthly, then how to load down daily?

The management fee will appear once you sell your holdings.

your fee will be calculated based on the number of days you held your gold with us.

Written there

There is pros and cons

Pro; buy in timing and live. Compare to bank which locked
Cons: charges more than bank

Right?


This post has been edited by yahiko: Aug 6 2020, 10:29 PM

calculated at the end of the month...??

Check out the buy & sell spread first.

Previously, they charged for premium fee.

I compare to my current cimb today rates


hello gold S:283.17 B:270.43 Gap:12.74
cimb S:282.9. S:268.1 Gap:14.8

But of coz exclude all fees.
Still better choice compare cimb right?
Yet to check other bank

what is the Premium fees of Hellogold?
check the % then add in that?
previously mentioned that at in all the charges is very high for normal well read investors.

is there any premium fees charged by CIMB?
check those out too...

I am asking in the chat but only tomorrow will get the answer. As for cimb cheaper annual fees

nnual service fee of RM5.00 – in the event the gold balance in the eGIA falls below 5 grams as at 31 December
A closing fee of RM10 should the eGIA be terminated within 6 months of opening

Hmm.. Okla.. wait tomorrow they reply. Good night.

Just want to remind you.
CIMB rate after office hour is higher.
If you really want to compare the rate, check it during office hour and compare it.

FYI. (office hour rate)
Price as at 9:24am
hello gold S:284.46 B:271.54 Gap:12.94
cimb S:280 B:274.40 Gap:5.6

You see the difference?

The CIMB rate is grabbed from where?
CIMB or CIMBClicks (requires login)?

Thanks.
Here the hellogold reply

We accrue our Administration fee which 2% per annum each day based on the value of the gold under management e.g. 2%/365 days x value of gold. This is charged to your account on a monthly basis. Unless there is a gold sale, in which case it is charged upon the sale. Thank you 
We do not charge a market premium. Our transaction price is based on the supplier price which includes any market related premium costs. You can now make an easy, direct comparison with the rest of the market to see how competitive our prices are

thanks for highlighting the price differential between office hours and after office hours of CIMB gold.
there is abt RM9 different between the 2 time period