imo
ocbc smart saver can be a good option to replace mbsb cash rich
2.55% pa above 1k
https://www.ocbc.com.my/personal-banking/ac...rs-account.html
but the downside is cannot withdraw

I will combine this with Citi Accelerate account, which offers 4.88% for incremental balance too.

Hello, may I know the mbsb cash rich is calculate base on today all balance then interest daily and credit monthly? This account can online banking?
Thank you.

Iinm mbsb does not offer online banking
As for the interest I'm not too sure

[quote=Mr. Najib Razak,Jul 19 2019, 08:30 PM]
Hello, may I know the mbsb cash rich is calculate base on today all balance then interest daily and credit monthly? This account can online banking?
Thank you.

[/quote]
Iinm mbsb does not offer online banking
As for the interest I'm not too sure

[/quote]

Thank you for your reply, I try ask bank, but I still ???, I not want disturb you, but every month you saw the interest credit printed or not?

If you have balance RM 50 then one month your money in out, but you look the interest credit more than RM 0.15 or not?
That's mean approx. RM 50(balance) * 0.22% = RM 0.11.
So your money in out but last day of month balance maintain RM 50, if interest more than RM 0.15, I guess in out money also counting, so this account is base on dairy balance counting interest and interest credit monthly same like some bank BSA way.

Some bank credit interest every month, some bank credit interest half year. I only can guess the bank credit interest every month is base on dairy balance counting interest and interest credit monthly. The half year interest bank, I don't know.

If this account base on dairy balance counting interest and interest credit monthly so like your mentioned, this is really ok and like money market way but only this account little a bit low interest.

Only you have this account you'll know and can look is like that or not.
So you not like above activity for hobby to guess or know ???.

[quote=yourinfohere,Jul 20 2019, 01:49 PM]
Iinm mbsb does not offer online banking
As for the interest I'm not too sure

[/quote]

Thank you for your reply, I try ask bank, but I still ???, I not want disturb you, but every month you saw the interest credit printed or not?

If you have balance RM 50 then one month your money in out, but you look the interest credit more than RM 0.15 or not?
That's mean approx. RM 50(balance) * 0.22% = RM 0.11.
So your money in out but last day of month balance maintain RM 50, if interest more than RM 0.15, I guess in out money also counting, so this account is base on dairy balance counting interest and interest credit monthly same like some bank BSA way.

Some bank credit interest every month, some bank credit interest half year. I only can guess the bank credit interest every month is base on dairy balance counting interest and interest credit monthly. The half year interest bank, I don't know.

If this account base on dairy balance counting interest and interest credit monthly so like your mentioned, this is really ok and like money market way but only this account little a bit low interest.

Only you have this account you'll know and can look is like that or not.
So you not like above activity for hobby to guess or know ???.

[/quote]
unfortunately i do not have the cash rich account with mbsb
thats why i am not sure as well
perhaps they are other forumer that have the bank account

Ok, never mind, but if you not wrote, I don't know MSBS have this kind account and so on.
If you also feeling above account good benefit and suitable you, maybe you can self try ask MSBS, the things will improve and always charge, only at this moment I also not sure like you, so I don't know but thank you for your reply.

Went over to Citibank for their Accelerate 4.88% and was requested to have staff verification by employer before opening account. Max incremental balance bonus RM 30k

HSBC Perks@Work 5% for incremental value

I guess OCBC 360 remains the easiest at 4.10% - with RM 500 deposit, low debit card spending, + pay 3 bills (including loans/credit card)

Just open a privilege saving account at Standard Chartered since I already got a credit card and online account there.
Anyway, was asked by the person in charge to take the debit card (annual fees RM8) if not the privilege benefits will not get.
Is that true?
Coz I highly doubt this debit card is needed to fulfill the required condition to get up to 6% pa interest.

Are you planning to buy insurance or wealth management products with SCB?
Otherwise, you'll be getting 4% pa only.

4.00% pa is good for me.
And I do have OCBC 360 as well.

Meaning you have maxed up your OCBC 360 already?

Yes, u must have debit card, else u won’t get card spend bonus interest even u fulfill the RM1k spending on credit card.. this is something weird on their system.. dunno why it is debit card since they required credit card spending..I kena b4, ended up still need to go to branch again to get the debit card..

https://av.sc.com/my/content/docs/campaign-tc-psa.pdf

it is valid till 31 dec 2019. after that, dunno what happen

Good thing about this debit card is it is one of the features and tie to the saving account is that you can withdraw cash in any bank atm (foreign or local bank - MEPS or HOUSE) for free (it charge when you withdraw and credit back by end of the day). That is what i heard.

Yes, it is credited back end of the month provided u have fresh fund deposit to the acc.. if not mistaken, fresh fund is 1.5k / 3k in one shot..

The fresh fund after deposit can withdraw on the same day too.

Yeah, as long as u fulfill the “deposit”

if i put in rm500001 in uob investpro, i get 3.15% pa interest? not tiered?

Yes.
Not tiered.