Finally able to get rhb bonus saver 2.6%

Is this account the best? Put aside paying transfer and etc.

Just deposit correct? I can only my fulfill the deposit part.

So, if hit 2.75. will stagnant for 2.75 if we continue to deposit 500 monthly correct? Will be got beyond 2.75?

And if miss will drop to 2.65 only rite?

Imo easiest wit no min required $$ after fulfilling requirements and min requirements to fulfill.

1. Yes. Deposit min rm500 monthly by 3rd of the month and jZ to be safe don't touch the money.
(You ND to have increment of rm500 of the month according to 25th of last month, not sure if it's 25th)

2. Yes, confirmed last year with their staff
3. It won't go beyond 2.75% confirmed last year with their staff
4. Yes.

This post has been edited by xcxa23: Mar 20 2019, 01:10 PM

I found that 2.75 is quite a lot for an account that not require few type of transections per month as seen in ocbc 360.
No other strings attached correct besides 500 deposit monthly rite?


Any other account that provides more than 2.75 besides the bonus savers? With the same conditions?

Currently find an account that is available for withdraw even on Sat and sun with atm card....

Afaik, nope.. previously only ambank, which offer 2.9/2.8 but after a year discontinued, slashed to 1.80..

Since rhb jz min rm500 per month, so I jz scheduled transfer.
The staff did said few times it's better >rm500 and better don't touch the money for a year to safeguard 2.65% cos the t&c about min increment of rm500 per month is kinda confusing so I did rm800 per month and din touch the money for a year jz to be safe and yes it's proven successful.. lol

As far as I remember, nope. Jz min rm500 by 3rd of the month and with min increment rm500 of the month.

This rhb got provide ATM card.. but since your planning to use the money, I suggest you go to rhb ask in depth.

For those who has interest on Stash Account, you can apply/open online at UOB PIB

URL: https://www1.uob.com.my/stash/index.html

throw 30k to 50k and enjoy 3.25% (basic) or 4.45% (for 12 months promotion) without doing anything else.

https://www.ocbc.com.my/personal-banking/Ac...ster/index.html

With 50k to 60k, just dump to UOB e-Account or Stash, can earn 3.5% pa.

Thanks for the suggestion.

I only intend to put around 10k in an account that is fluid. And allow me to withdraw any time.

Already have emergency fund in fd.

And I wish to be fully invested.

RM 10k won't able to play any game in conditional high yield saving acccount.
For RM 10k, better put into 1-month FD.

If i read correctly, you must maintained the same balance or more than previous month balance to qualify for the interest, else u get... nothing?

"*Maximum Effective Interest Rate on the Stash Account is 3.5% p.a. at RM100,000 deposit, provided customer's Monthly Average Balance (MAB) for the current month is equal to or more than previous month’s Monthly Average Balance."

You still get your base interest of 1% for min placement of RM 5k.

This post has been edited by David83: Mar 20 2019, 09:35 PM

thanks for the info. Currently with M2U savers. But the minimum requirement of 2k really let down. and 2% vs 2.75% is a lot in the long run.

Just that need an account that parking for all the bills monthly before due date.

This post has been edited by [Ancient]-XinG-: Mar 20 2019, 09:39 PM

M2U savers will be good for very low entry.
Just RM 2k as you pointed out there.

I am actually studying about Stash.

10k can play OCBC 360 if you can meet the criteria.
actually the criteria damn easy to achieve.

I have less than RM10k but I am getting full benefit from OCBC 360

Yes.

The 2.75% is a marketing gimmick. If you have on-going additional 500, put it into FD with at least around 3% rather than the 2.75%.

I prefer simple direct product.
I don't really like those that requires applying additional credit card or buying additional wealth management products.
EIA is 3.5% pa which is about the same as UOB e-Account.
So I'll pass.

OCBC is out of my reach because availability of branch in Penang island.

skty
Item 50 for EIR calculation for Stash account at below link:

https://www1.uob.com.my/web-resources/perso...asa-tnc-eng.pdf

The criteria very easy to meet.
1/ Transfer in min RM50 1 via IBFT from other bank
2/ Transfer out RM1 via IBFT to 3 different bank account
3/ Use their card to pay RM500 (can be used on ewallwts)
Radar. Instant free 4.1%

Yiu do know they have 3 branches in Penang right?
2 on the island, 1 on mainland.