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 Conditional High Yield Savings Account

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joice11
post Feb 17 2024, 03:14 PM

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QUOTE(contestchris @ Feb 17 2024, 02:48 AM)
Anybody got some Reflex autocredit in their RHB Smart Account? What's this about?
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yes, 12 sen, dont know what is that
AhDang P
post Feb 20 2024, 08:29 AM

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QUOTE(contestchris @ Jan 28 2024, 06:07 PM)
RHB Smart is at 3.35% p.a.

Maintain RM1k monthly average balance = 0.05%
Deposit RM2k = 1.80%
Spend RM1k on credit card = 0.75%
Pay 3 bills = 0.75%
Total = 3.35%

If you don't have credit card, then just pay 9 bills. Get the same 3.35%. I believe easier than OCBC.
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9 bills are alot. how did u achieve that?

And I find it confusing for RHB product page.


mamamia
post Feb 20 2024, 01:25 PM

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QUOTE(AhDang @ Feb 20 2024, 08:29 AM)
9 bills are alot. how did u achieve that?

And I find it confusing for RHB product page.
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RM1 x 9 times to same TNB bill
wyen
post Feb 20 2024, 06:37 PM

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Just opened uob one account but the account number not reflected on uob tmwr. Should i wait tmr instead? I received sms if i open uob account i will get rm138 any term and criteria?
Hinote
post Feb 22 2024, 01:16 PM

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QUOTE(contestchris @ Jan 28 2024, 06:07 PM)
RHB Smart is at 3.35% p.a.

Maintain RM1k monthly average balance = 0.05%
Deposit RM2k = 1.80%
Spend RM1k on credit card = 0.75%
Pay 3 bills = 0.75%
Total = 3.35%

If you don't have credit card, then just pay 9 bills. Get the same 3.35%. I believe easier than OCBC.
*
OCBC 360 is not difficult:

Base rate = 0.1%
Deposit RM500 = 1.05%
Pay 3 bills = 1.05%
Spend RM500 on credit/debit card = 1.05%
Total = 3.25%

QUOTE(AhDang @ Feb 20 2024, 08:29 AM)
9 bills are alot. how did u achieve that?

And I find it confusing for RHB product page.
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Same thoughts, the product page description is so confusing that I had to go to the branch for clarifications...

QUOTE(mamamia @ Feb 20 2024, 01:25 PM)
RM1 x 9 times to same TNB bill
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Wow... Really did not think of this. Sifu!!

Can really consider, even better if could get company to bank in salary there and get that 2% and make a total of 5.35% 😆

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Since SC PSA now changed the conditions, looking at UOB One seems it's the highest now? (Given RHB Smart is only 3.35% without salary direct bank in.)

This post has been edited by Hinote: Feb 22 2024, 01:21 PM
MGM
post Feb 22 2024, 04:55 PM

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QUOTE(Hinote @ Feb 22 2024, 01:16 PM)
OCBC 360 is not difficult:

Base rate = 0.1%
Deposit RM500 = 1.05%
Pay 3 bills = 1.05%
Spend RM500 on credit/debit card = 1.05%
Total = 3.25%
Same thoughts, the product page description is so confusing that I had to go to the branch for clarifications...
Wow... Really did not think of this. Sifu!!

Can really consider, even better if could get company to bank in salary there and get that 2% and make a total of 5.35% 😆

------
Since SC PSA now changed the conditions, looking at UOB One seems it's the highest now? (Given RHB Smart is only 3.35% without salary direct bank in.)
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What is UOB 1 offering?
mamamia
post Feb 22 2024, 05:05 PM

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QUOTE(Hinote @ Feb 22 2024, 01:16 PM)


------
Since SC PSA now changed the conditions, looking at UOB One seems it's the highest now? (Given RHB Smart is only 3.35% without salary direct bank in.)
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if u have MAB 100k, UOB One definitely the best choice.
Hinote
post Feb 23 2024, 04:11 PM

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QUOTE(MGM @ Feb 22 2024, 04:55 PM)
What is UOB 1 offering?
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Average of 4% interest on 100k with performing 2 actions in the month.

https://www.uob.com.my/personal/save/saving...ount-index.html
koja6049
post Feb 23 2024, 07:11 PM

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QUOTE(wyen @ Feb 20 2024, 06:37 PM)
Just opened uob one account but the account number not reflected on uob tmwr. Should i wait tmr instead? I received sms if i open uob account i will get rm138 any term and criteria?
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you have transfer RM100 to the account number to activate it, only then it will show. BTW you missed out on a better deal, use code UNIFI during sign up will get RM388
darkmusses
post Feb 23 2024, 07:23 PM

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Currently I'm already having AmBank Savers acc and was thinking should I be opening UOB one ?

Previously was CTB - STEP-UP INTEREST ACCOUNT but then UOB took over and just gave Privilege Account.

Alternatively, when I apply for loan for better interest rate .. advised to open Hong Leong Pay&Save - i Account (don't know why they pick for me Islamic and never asked/inform me)
Ramjade
post Feb 23 2024, 08:59 PM

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QUOTE(darkmusses @ Feb 23 2024, 07:23 PM)
Currently I'm already having AmBank Savers acc and was thinking should I be opening UOB one ?

Previously was CTB - STEP-UP INTEREST ACCOUNT but then UOB took over and just gave Privilege Account.

Alternatively, when I apply for loan for better interest rate .. advised to open Hong Leong Pay&Save - i Account (don't know why they pick for me Islamic and never asked/inform me)
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Just use KDI save or versa. Returns beat all the high yield account in Malaysia.
!@#$%^
post Feb 23 2024, 09:31 PM

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QUOTE(Ramjade @ Feb 23 2024, 08:59 PM)
Just use KDI save or versa. Returns beat all the high yield account in Malaysia.
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uob gives 4%
Ramjade
post Feb 23 2024, 10:21 PM

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QUOTE(!@#$%^ @ Feb 23 2024, 09:31 PM)
uob gives 4%
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Which account?
!@#$%^
post Feb 23 2024, 10:38 PM

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QUOTE(Hinote @ Feb 23 2024, 04:11 PM)
Average of 4% interest on 100k with performing 2 actions in the month.

https://www.uob.com.my/personal/save/saving...ount-index.html
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QUOTE(Ramjade @ Feb 23 2024, 10:21 PM)
Which account?
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this
contestchris
post Feb 24 2024, 01:30 PM

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QUOTE(!@#$%^ @ Feb 23 2024, 09:31 PM)
uob gives 4%
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To get 4% you need rm100k. RM100k is also beyond emergency savings or short term savings for most people. For all other kinds of money, they should be made to work harder anyways.
ericlaiys
post Feb 24 2024, 01:36 PM

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QUOTE(contestchris @ Feb 24 2024, 01:30 PM)
To get 4% you need rm100k. RM100k is also beyond emergency savings or short term savings for most people. For all other kinds of money, they should be made to work harder anyways.
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above 50k already can get 4%. no need 100k
ericlaiys
post Feb 24 2024, 01:36 PM

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QUOTE(contestchris @ Feb 24 2024, 01:30 PM)
To get 4% you need rm100k. RM100k is also beyond emergency savings or short term savings for most people. For all other kinds of money, they should be made to work harder anyways.
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above 50k already can get 4%. no need 100k
ericlaiys
post Feb 24 2024, 01:36 PM

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QUOTE(contestchris @ Feb 24 2024, 01:30 PM)
To get 4% you need rm100k. RM100k is also beyond emergency savings or short term savings for most people. For all other kinds of money, they should be made to work harder anyways.
*
above 50k already can get 4%. no need 100k
!@#$%^
post Feb 24 2024, 02:19 PM

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QUOTE(contestchris @ Feb 24 2024, 01:30 PM)
To get 4% you need rm100k. RM100k is also beyond emergency savings or short term savings for most people. For all other kinds of money, they should be made to work harder anyways.
*
up to within 50-100k is 4%. more than 100k is 3.6%. but within the limits of high yield savings account, this is still the best.
ericlaiys
post Feb 24 2024, 02:48 PM

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QUOTE(!@#$%^ @ Feb 24 2024, 02:19 PM)
up to within 50-100k is 4%. more than 100k is 3.6%. but within the limits of high yield savings account, this is still the best.
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3.6% is till 125k only

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