Revision of Deposit Rates (effective 8 July 2020) [for UOB]









This post has been edited by GrumpyNooby: Jul 7 2020, 06:49 PM

WISE Savings Account

Please be informed that the interest rates for WISE Savings Account (WISE) will be revised with effect from 10 July 2020.

Click here for the latest interest rates.


Thank you.

- 10 July 2020

Revision of Product Board Rates and Profit-Sharing Ratio

Kindly be informed that the board rates and profit-sharing ratio (PSR) for the following products will be revised effective 14 JULY 2020 and 1 AUGUST 2020 as per details below.

All other product features, fees and charges will remain unchanged.

The new rates are also available on the Standard Chartered website.

A) REVISION OF PRODUCT BOARD RATES EFFECTIVE 14 JULY 2020



B) REVISION OF PRODUCT BOARD RATES AND PROFIT-SHARING RATIO EFFECTIVE 1 AUGUST 2020











https://av.sc.com/my/content/docs/Homepage_...ate_and_PSR.pdf

RHB Smart Account interest rate has been revised to 2.85% pa effective 13/7/2020

A new tier/band created for Alliance SavePlus?



https://www.alliancebank.com.my/banking/per...us-account.aspx

Promo with SavePlus:
https://www.alliancebank.com.my/promotions/...e-campaign.aspx



This post has been edited by GrumpyNooby: Jul 15 2020, 09:51 PM

They had revised once in May 2020.
So not guaranteed that they won't revise until 31/02/2021

6% pa

Feel funny that you guys kept proposing people to alter spending behaviour when he has already said that he specifically said that "Not paying any bills as I still live with family and my spending only around 500 per month, so can save a lot"?

The Spend Bonus of 1.5% pa is limited to first RM 100k only.
Only thing beyond that amount will earn 2.1% pa.

*Provided no revision to the current rate.

SarawakPay is the best e-wallet you can abuse.
ShopeePay also can be used for abuse too.

I'm proposing what're on the tables.
I'm no affiliation to any of them nor a user of them.

This post has been edited by GrumpyNooby: Jul 22 2020, 06:03 PM

Revision of Product Board Rates and Profit-Sharing Ratio effective 1 August 2020 [for SC]









https://av.sc.com/my/content/docs/my-revisi...ates-august.pdf

Yes, can open online




If you have PIB access, can also open from PIB:




Product link: https://www.uob.com.my/personal/save/saving...ne-account.page

This post has been edited by GrumpyNooby: Aug 3 2020, 09:02 PM

MAB up to RM 50k will earn 1.65% pa
Next RM 50k (MAB from RM 50,001 to RM 100,000) will earn 2.65% pa (max EIR = 2.15% pa)

And of course, all conditions need to be fulfilled.

MAB = monthly average balance

This post has been edited by GrumpyNooby: Aug 4 2020, 01:14 PM

If your MAB is RM 3k to 4k, then you earn 1.65% pa
If your MAB is RM 50,001, then you earn 2.15% pa

This post has been edited by GrumpyNooby: Aug 4 2020, 01:22 PM

The page and table has cautioned on the max EIR.



This post has been edited by GrumpyNooby: Aug 4 2020, 04:51 PM

Revision of Privilege$aver Campaign Terms & Conditions

Please take note, effective 1 Sep 2020, Deposit Bonus Interest of Privilege Savings Account /Deposit Bonus Hibah of Super Salary-i and Credit Card Spend Bonus Interest will be revised as follows:


Clause 11
Table 1.
• Deposit Bonus Interest/Hibah will be revised from 2.00% p.a. to 1.50% p.a. with average balance cap of RM 200,000 during the month
• Credit Card Bonus Interest will be revised from 1.50% p.a. to 1.00% p.a.

Clause 14
Eligible Account holders can earn up to 4.60% p.a. (from 5.60% p.a.) in the promotion account based on total interest/return earned from the Base Rate and total Bonus Rates on all Bonus Categories of Deposit, Card Spend and Wealth Management as seen in Table 1 of the Campaign Terms and Conditions.

https://av.sc.com/my/content/docs/my-revisi...egeaver-tcs.pdf

The Savings Plan is to earn extra 2% Invest Bonus interest for PSA?

That's why it is called "Savings Plan".

Make sure the product you selected to commit will have a decent return; other you might as well invest yourself.

Then, the Invest Bonus is up to RM 20k for normal banking customer.