QUOTE(MGM @ Apr 16 2023, 11:16 PM)
This thread is for multi banks high yield CASA. IT will be nice to specify which product u guys r referring to. TIA.
It's RHB Smart Account. www.rhbgroup.com/smart/index.htmlConditional High Yield Savings Account
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Apr 23 2023, 08:24 PM
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30 posts Joined: Aug 2022 |
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Apr 23 2023, 08:31 PM
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30 posts Joined: Aug 2022 |
QUOTE(contestchris @ Apr 17 2023, 12:45 AM) Wrong calculation. Oh, the pay should be 0.75, and I will be getting the remaining 0.75 at the EOM.Save = ~ 52000/3 * 1.8 * (365/12) = RM26.49 Pay = ~ 52000/3 * 0.75 * (365/12) = RM11.04 But to calculate the MAB, the Actual Number of Days in a month, do you mind sharing why it's counted as 3 but not 2? It should be 2 days (30th Mar and 31st Mar) right? MAB = Total Daily End Balance / Actual Number of Days in a month |
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May 1 2023, 05:21 PM
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84 posts Joined: Jan 2019 |
This post has been edited by eugenelam85: May 4 2023, 05:23 AM |
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May 8 2023, 12:05 PM
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406 posts Joined: Apr 2012 |
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May 8 2023, 06:13 PM
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654 posts Joined: May 2020 |
QUOTE(exwuliao @ May 8 2023, 12:05 PM) If without consider investment, the highest one should be stanchart psa, 4.15% but quite troublesome, I personally use RHB smart 3.35%. UOB One Account below 50k 2%, above 50k 4%, if 100k effective interest rate only 3%. |
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May 8 2023, 06:33 PM
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#1086
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Senior Member
4,654 posts Joined: Jan 2003 |
QUOTE(exwuliao @ May 8 2023, 12:05 PM) Best one is Rize at 5% limited to the 1st 5k then 4% for after 1st 5k onwards |
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May 8 2023, 06:33 PM
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#1087
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Senior Member
4,654 posts Joined: Jan 2003 |
QUOTE(datolee32 @ May 8 2023, 06:13 PM) If without consider investment, the highest one should be stanchart psa, 4.15% but quite troublesome, I personally use RHB smart 3.35%. UOB One Account below 50k 2%, above 50k 4%, if 100k effective interest rate only 3%. Highest now is Rize 🤦♀️ if you compared Stanchart PSA |
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May 16 2023, 04:14 PM
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Senior Member
6,424 posts Joined: Jun 2005 |
anyone has issue with RHB Smart account bonus interest tracker. I've fulfilled all requirement on 1 May 2023, but, based on the tracker, it still shown 0 progress.. anyone face the same?
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May 16 2023, 11:08 PM
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#1089
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Senior Member
5,547 posts Joined: Aug 2011 |
QUOTE(mamamia @ May 16 2023, 04:14 PM) anyone has issue with RHB Smart account bonus interest tracker. I've fulfilled all requirement on 1 May 2023, but, based on the tracker, it still shown 0 progress.. anyone face the same? Yes same issues, it shows 0 bills paid and RM0 deposited.However, the credit card spend category is correctly showing as "FULFILLED". |
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May 17 2023, 10:18 AM
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6,424 posts Joined: Jun 2005 |
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May 17 2023, 12:52 PM
Show posts by this member only | IPv6 | Post
#1091
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Senior Member
5,547 posts Joined: Aug 2011 |
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May 18 2023, 12:08 PM
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Senior Member
6,424 posts Joined: Jun 2005 |
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May 18 2023, 12:48 PM
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#1093
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5,547 posts Joined: Aug 2011 |
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May 26 2023, 01:39 AM
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Junior Member
271 posts Joined: Oct 2006 |
QUOTE(MMMoney @ Apr 16 2023, 11:27 PM) I am not able to figure out why my calculation is not able to match the Bonus 1 (save) received for the month of Mar. I opened the account at the end of Mar. want to ask 6 bills also same bill? e.g pay 6 times on unifi bill 30-Mar Deposit RM 1000 31-Mar Deposit RM 50000 31-Mar Bill 1 - RM 1 31-Mar Bill 2 - RM 1 31-Mar Bill 3 - RM 1 31-Mar Bill 4 - RM 1 31-Mar Bill 5 - RM 1 31-Mar Bill 6 - RM 1 31-Mar Annual Fees - RM 8 31-Mar Interest Credited RM 0.07 >> Correct 15-Apr Bonus 1 (Save) RM 26.49 >> Wrong 15-Apr Bonus 2 (Pay) RM 11.03 >> Correct My calculation: Save ( MAB x 1.8% / 365 x 31) = 25993.04 x 1.8% / 365 x 31 = 39.74 Pay ( MAB x 0.5% / 365 x 31) = 25993.04 x 0.5% / 365 x 31 = 11.04 I could not get the right number for Bonus 1 (Save), is there anything wrong with my calculation? or must be diff type of bills... tq |
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May 26 2023, 08:46 AM
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#1095
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Junior Member
181 posts Joined: Oct 2021 |
QUOTE(download88 @ May 26 2023, 01:39 AM) want to ask 6 bills also same bill? e.g pay 6 times on unifi bill Can be same acc X 6 times.or must be diff type of bills... tq Pay TNB bill RM1 X 6 times, easy MMMoney liked this post
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Jun 27 2023, 02:55 PM
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All Stars
65,286 posts Joined: Jan 2003 |
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Aug 29 2023, 04:10 PM
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#1097
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Senior Member
1,701 posts Joined: Feb 2011 |
QUOTE(datolee32 @ May 8 2023, 06:13 PM) If without consider investment, the highest one should be stanchart psa, 4.15% but quite troublesome, I personally use RHB smart 3.35%. UOB One Account below 50k 2%, above 50k 4%, if 100k effective interest rate only 3%. hello. not sure if asked or discussed before. i am back to psa after a while.so is mab 90k in aug, 95k in sep, 100k in oct then mab 90k in nov, 95k in dec, 100k in jan makes be eligible for loyalty bonus for all the 6 month if you'd know? if not i would slowly grow 3-4k from say 50k 😂 This post has been edited by cclim2011: Aug 29 2023, 04:20 PM |
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Sep 7 2023, 02:50 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space |
QUOTE(exwuliao @ May 8 2023, 12:05 PM) QUOTE(datolee32 @ May 8 2023, 06:13 PM) If without consider investment, the highest one should be stanchart psa, 4.15% but quite troublesome, I personally use RHB smart 3.35%. UOB One Account below 50k 2%, above 50k 4%, if 100k effective interest rate only 3%. I think UOB One account is the best at the moment for 50K to 100K savings. Not sure what were the T&Cs previously. But currently left only 2 steps to hit 6% pa. Easily achievable. |
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Sep 7 2023, 05:21 PM
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Senior Member
7,565 posts Joined: May 2012 |
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Sep 7 2023, 07:06 PM
Show posts by this member only | IPv6 | Post
#1100
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Senior Member
2,191 posts Joined: Feb 2012 |
QUOTE(AskarPerang @ Sep 7 2023, 02:50 PM) I think UOB One account is the best at the moment for 50K to 100K savings. Not sure what were the T&Cs previously. But currently left only 2 steps to hit 6% pa. Easily achievable. QUOTE(ericlaiys @ Sep 7 2023, 05:21 PM) Maximum effective rate is 4% ya.. 2% on first 50k and 6% on second 50k.. average become 4% lovelyuser and thecurious liked this post
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