This post has been edited by skty: Mar 4 2019, 11:48 AM
HelloGold - Ask Me Anything, related to HelloGold or gold in general
HelloGold - Ask Me Anything, related to HelloGold or gold in general
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Mar 4 2019, 10:41 AM
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#1
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
This post has been edited by skty: Mar 4 2019, 11:48 AM |
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Mar 8 2019, 08:38 PM
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#2
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
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Apr 12 2019, 12:23 AM
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#3
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
hellogold no promotion ongoing now
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May 11 2019, 06:44 PM
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#4
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
so looking at the fee,
if buy and sell in the same day: buy = 0.79% (weekday) or 2.79% (weekend) sell = 2.00% (weekday) or 4.00% (weekend) total charge = 2.79% (weekday) or 6.79% (weekend) if buy and sell after one month: buy = 0.79% (weekday) or 2.79% (weekend) sell = 2.00% (weekday) or 4.00% (weekend) admin fee = 2.00%/12 = 0.1667% total charge = 2.9567% (weekday) or 6.9567% (weekend) above correct? I cannot really confirm the sell transaction fee because I haven't buy any gold yet. can I immediately sell any gold I received when other people transfer their gold to me? thanks. This post has been edited by skty: May 11 2019, 07:06 PM |
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Jun 7 2019, 06:26 PM
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#5
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
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Jun 9 2019, 04:19 PM
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#6
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
QUOTE(Dexter @ Jun 9 2019, 11:53 AM) HG charges is lower compare to Boost Shake Reward you gained, so it's good return from this perspective. If only you buy and sell gold during weekend.HG cash withdrawal is hassle free as I did few one since last one. Good experience so far. I didn't actively buy gold but I committed to Smart Saver monthly for 12 months programme. QUOTE(Nicholasng925 @ Jun 9 2019, 12:11 PM) Yes no complain with HG cash withdrawal, totally hassle free. Even add cash from Boost earns you shake rewards. Imagine for every RM30 added from Boost, you earn RM1-2. Do that 5 times a day for 30 days, and that's RM150. RM30 you have no chance for RM2 shake reward. 0% chance. Highest is RM1.50.Yes I invested via Smart Saver too, I reckon this dollar cost averaging strategy is apt for precious metals investment like gold. |
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Jun 9 2019, 11:14 PM
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#7
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
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Jun 11 2019, 12:09 PM
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#8
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
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Jun 16 2019, 03:44 PM
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#9
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
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Jun 19 2019, 05:26 PM
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#10
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
QUOTE(Chyan @ Jun 19 2019, 03:48 PM) New promo. Save on 2% admin fee for 6 months. I prefer they reduce the buy/sell fee.What's your take guys? https://www.hellogold.com/gold-savings-stress-free/ |
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Jul 1 2019, 09:36 PM
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#11
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
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Jul 6 2019, 01:40 PM
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#12
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
QUOTE(rojakwhacker @ Jul 6 2019, 01:14 PM) Seeing from the boost mission side, around 1k users (i may be wrong) has make payment to hellogold app today. If they buy gold at 2% charge on weekend today and tomorrow just to join the boost mission then that must be WOW. I buy gold but I don’t even give a f**k on the mission. I buy without activating the mission.LOL |
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Jul 7 2019, 11:59 AM
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#13
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
any HelloGold staff here?
you guys should really consider adding the feature/option to allow cash transfer in HelloGold from one account to another. |
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Aug 7 2019, 12:10 PM
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#14
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
QUOTE(Joshua_ambrose @ Aug 7 2019, 12:07 PM) Good afternoon. We charge a buy fee of 0.79% and a sell fee of 2%. On weekends, we charge an additional 2% for both buy and sell as the gold markets are closed. no doubt after my experience with HelloGold, you guys' operation efficiency is so much higher than those e-wallet.Physical gold redemption consist of a few charges: 1) The cost of the bar itself which includes the current price of gold + bar manufacturing cost 2) Cost of courier which includes additional charges should your location be very remote ( as advised by the courier company we use ) 3) Cost of insurance for the safe delivery of your gold ( 100% insured) When you redeem physical gold from us, we do not ask you to pay for these costs in Rm but what we do is deduct it from your gold balance. Let's look at the variables for redemption : a) The manufacturing cost is based on the different bar sizes b) Courier cost based on your location and weight of gold you would like to redeem c) Insurance cost based on how many grams you would like to redeem d) The price of gold that changes every minute That is why we would be more than happy to inform customers on the redemption cost via our Contact Centre (1300-130-888) as the quote to them would be accurate. The last thing we would want to do is to provide an inaccurate quote to our customers. Do contact us and we would be more than happy to provide you with the 'exact numbers' which you have asked for. It would be easier to give a percentage but that is not accurate at all. For your information, we are a company that provides the everyday person to be able to buy and save in gold. Most scam companies would promise you a certain return after a certain amount of time. We do not do that. We are a platform that gives people an alternative means to save for their future. There is nothing 'fishy' about the way we allow customers to buy gold as it is done via FPX or Boost. That just shows that we would like to have as much transparency as possible. After all, all FPX transactions are visible to respective regulatory bodies and Boost is ..well.. Axiata. I believe that quite a few of the forumers here are customers and yes, they have asked questions about us being a scam before. My personal pride is seeing those forumers now actually assist others with the queries in the forum as they have and still are using HelloGold. I applaud you guys. Thank you thank you. FYI....some big news coming soon. Keep a look out ya? This news would actually strengthen HelloGold's position as a company. |
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Aug 7 2019, 12:16 PM
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#15
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
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Aug 7 2019, 02:05 PM
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#16
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
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Oct 9 2019, 06:33 PM
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#17
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
foresee will have tons of HG account become inactive. hahaha
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Oct 10 2019, 01:02 PM
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#18
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
come on guys. why want wasting your time to discuss how HG should operate in favor of your ownself? You can't change anything.
whatever fee HG absorb/charge really none of our business. They have made a decision and they definitely know/predict the risk of losing tons of customer from that decision. So just bid your farewell and stay away if you don't like the decision. You can always come back if they decided to reverse the decision. spend your time to earn more money/improve ownself is much worth it. |
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Oct 16 2019, 11:59 AM
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#19
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
QUOTE(tan_aniki @ Oct 15 2019, 02:58 PM) i just bought RM1.22 for 0.006g of gold, was trying to max out to RM1.27 to get to the max limit of 0.79% transaction fee (RM0.01) but 1.26 and 1.21 (after deduct 1 cent) is the same gram for RM200.86/g price, so opt for lesser, and the shake reward is 10cents don't need to complicate things. HelloGold fees all based on gold price at that point of time when you do transaction. just buy any amount, you won't lose any hidden cost from the fee. This post has been edited by skty: Oct 16 2019, 12:06 PM |
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Oct 16 2019, 12:37 PM
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#20
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Senior Member
4,508 posts Joined: Aug 2005 From: Klang/Shah Alam |
QUOTE(Nicholasng925 @ Oct 16 2019, 12:29 PM) Essentially tan_aniki was just trying to earn Boost shake rewards, to cover the hefty HG fees. ermmm... I know all these tricks already. Maybe you don't know me but some will always PM me to share good things together.The thing is that Boost shake rewards are not linearly proportional, hence her method works. From my limited trial just now, my return was about 24%. Just imagine someone does this for the entire RM4.5k monthly spend limit set by Boost. I post that message with a hidden meaning. Those who get it will get more than those blindly follow tan_aniki's method. but the credit all go to tan_aniki. His selfless sharing make a lot of people realize it. I myself even know this already, will never post such direct message because the more it exposed, the faster it is patched/fixed. QUOTE(tan_aniki @ Oct 16 2019, 12:32 PM) i'm not talking about hidden cost, just to minimize the transaction charges... you still don't understand. maybe you try to think about it more deeply. I don't wanna post something that is very clear and spoon-feed everyone.If u paid RM1.26 u got charge with RM0.01 but if u paid RM1.27 u got charge with RM0.02 instead of RM0.0010033... They round up the transaction fee charges (0.79%) when u buy gold... End up charge u 1.57% for that 1 cent difference... perhaps below quote make you easier to understand: QUOTE(Joshua_ambrose @ Oct 16 2019, 09:32 AM) Good morning. We do not round up or down. We truncate to 3 decimal places to be displayed in the HelloGold app. As an example... if you hold 1.22652233444337895 g of gold, what you would see in the HelloGold app would be 1.226 g displayed. However, you would actually have 1.22652233444337895 g of gold in your account. I hope this helps. This post has been edited by skty: Oct 16 2019, 12:44 PM |
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