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 Conditional High Yield Savings Account

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MGM
post Feb 2 2020, 08:53 AM

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QUOTE(hakkai0810 @ Feb 1 2020, 12:24 PM)
err no, remain at 4%. tats y i say ocbc is no use now since its 3.6% at max
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QUOTE(wyh @ Feb 2 2020, 01:25 AM)
time to pack ocbc and head to SC  flex.gif
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But OCBC360 easier to meet monthly criteria and if average daily balance is smaller
MGM
post Feb 3 2020, 12:04 AM

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QUOTE(zenquix @ Feb 2 2020, 10:17 PM)
a lot don't realize that Priv Savers is 2.5% >100k which is better than a lot of savings accounts in the market.

if you already deposit 3k a month etc for the 4% you can make this account your primary account. MEPS for ATM is free when u hit the 3k deposit monthly anyway
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This monthly deposit of rm3k can be withdrawn within the same month n yet qualify for 4%?
MGM
post Mar 27 2020, 10:02 AM

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QUOTE(GrumpyNooby @ Mar 27 2020, 07:54 AM)
REVISION OF JUSTONE INTEREST/PROFIT RATE/ PROFIT SHARING RATIO

Kindly be informed that the interest/profit rate/profit sharing ratio (PSR) for JustOne Accounts will be revised as follows.
All other product features, fees and charges will remain unchanged.

EFFECTIVE DATE: 17 APRIL 2020

user posted image

EFFECTIVE DATE: 1 MAY 2020

user posted image

https://av.sc.com/my/content/docs/my-revisi...profit-rate.pdf
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Still no changes for Privilege$aver by Standard Chartered?
MGM
post May 13 2020, 10:19 PM

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QUOTE(GrumpyNooby @ May 13 2020, 06:01 PM)
REVISION OF JUSTONE, PRIORITY PLUS-i AND SENIORSAVE INTEREST/PROFIT RATE/ PROFIT SHARING RATIO

Kindly be informed that the interest/profit rate/profit sharing ratio (PSR) for the following products will be revised as follows.
All other product features, fees and charges will remain unchanged.

user posted image

user posted image

https://av.sc.com/my/content/docs/my-announ...seniorsaver.pdf
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PSA remains at 3.6%?
MGM
post Jul 10 2020, 07:46 PM

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QUOTE(GrumpyNooby @ Jul 10 2020, 07:02 PM)
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

user posted image

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

user posted image

user posted image

user posted image

user posted image

user posted image

https://av.sc.com/my/content/docs/Homepage_...ate_and_PSR.pdf
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No revision for PSA?
MGM
post Oct 3 2020, 07:39 AM

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QUOTE(hakkai0810 @ Oct 3 2020, 12:08 AM)
HSBC amanah perks@work promotion is back until july 2021
3.25% max with criteria below
1) 1.75% for incremental balance
2) 0.75% for paying 3 bill
3) 0.75% for spending 1k using hsbc amanh credit /debit card.

Quite a good deal when alternate with RHB / Std chart.

https://www.hsbcamanah.com.my/accounts/perk...tep-up-savings/
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Not as flexible, unless u have incremental balance. 1.75% is on increased amount?
MGM
post Oct 3 2020, 08:53 AM

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QUOTE(hakkai0810 @ Oct 3 2020, 08:45 AM)
Ya, tats why need to alternate btw accounts.
E.g. sept left rm1 as balance in hsbc acc
Oct put 100k into hsbc acc, then can get 1.75% on rm99999 lol
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then 1-Nov switch to SCB, 1-Dec switch back to Hsbc, is that the strategy?
MGM
post Nov 2 2020, 03:39 AM

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1st time i faced IBFT that didnt transfer funds instantly. 2 days ago Saturday night i need to IBFT from my SC PSA acc to few receipients urgently, but funds deducted but not transfer. Called CS n was told can only be resolved on next working day. Really salute. Now thinking of switching to another bank. Anyone faced such situation?
MGM
post Feb 22 2021, 03:39 PM

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QUOTE(ky33li @ Feb 22 2021, 03:17 PM)
I think there is no way u can eliminate debit card because your online banking requires debit card for activation.
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Some banks allow u to use credit card for this.
MGM
post Jul 21 2022, 07:53 PM

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QUOTE(superahdang @ Jul 21 2022, 06:49 PM)
Agree!

Currently OCBC is running a 2Spend & 2 Save Campaign from 1June to 31 August. Can get additional rate (+20bps) if you open OCBC 360 Account/-i or OCBC Booster account, and spend using their debit card, you will on the run to win luckydraw prize. Grand Prize is a trip for 2 to Italy!

I thnk is a good timing to open & try the account! thumbup.gif  brows.gif  brows.gif  brows.gif  brows.gif
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For new accounts opened during this campaign only?
MGM
post Sep 8 2022, 04:44 PM

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QUOTE(contestchris @ Sep 8 2022, 02:27 PM)
Guys, any idea how much does RHB Smart account's rates change based on OPR Hikes/Cuts? I noticed despite two rate hikes, they didn't adjust rates, unlike say OCBC, which has done so.
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What is the revised rate for OCBC 360? Hihger than SC PSA?
MGM
post Oct 5 2022, 01:30 PM

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Got this via sms, how does it works?

RM0 UOB Deposits:Open Stash Account via Mighty App today&get RM25 with every RM1K incremental avg bal.Max RM125/mth with RM5K incr avg bal. Till311022.T&C apply

This post has been edited by MGM: Oct 5 2022, 01:31 PM
MGM
post Jan 7 2023, 06:36 PM

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How much is the annual fee n card fee for this rhb smart acc?
MGM
post Jan 10 2023, 04:18 PM

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QUOTE(!@#$%^ @ Jan 10 2023, 10:12 AM)
long story short, get a basic savings account with no annual fee debit card. then open smart account via online (debit card with fees tagged to the account is optional).

https://www.rhbgroup.com/personal/personal-...ount/index.html
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I already got the BSA with debit card so can just open the Smart acc minus debit card online without the need to go d bank?
MGM
post Feb 18 2023, 08:43 AM

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QUOTE(adele123 @ Feb 18 2023, 08:32 AM)
Btw, those who use RHB smart. Did you get the 3.35% interest for jan 2023?

My balance was varying too much throughout the month, so it's abit harder for me to calculate and tally.
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If u got your statement in Excel:
add a column to calculate the number of days from 1st of month to transaction date.
2nd column multiple 1st column with daily interest.
Sum up 2nd column.
CMIIAW

This post has been edited by MGM: Feb 18 2023, 09:19 AM
MGM
post Feb 18 2023, 08:46 AM

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So currently anyone got the list of highest interest in descending order?
Without the insurance n investment portions is it:
UobOne>RhbSmart>Ocbc360>SC-PSA?
MGM
post Feb 18 2023, 10:44 AM

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QUOTE(adele123 @ Feb 18 2023, 10:09 AM)
SC-PSA is now 4.15%, can move it up.
I am not that lazy to expect other ppl to calculate for me. I just assume someone would have calculated for themselves and they did get the right interest.
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But SC-PSA must have incremental monthly average balance whereas i am using CASA to park for my cash out from ewallets n >50k cc monthly expenses. Now i use ocbs360 more n hardly on PSA 2.15%.

This post has been edited by MGM: Feb 18 2023, 10:47 AM
MGM
post Feb 19 2023, 12:13 AM

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QUOTE(!@#$%^ @ Feb 18 2023, 08:06 PM)
mine oso 1.8 + 0.75 + 0.75
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So RHB Smart 3.3% is still better than ocbc360's 3.1%.
MGM
post Feb 20 2023, 10:32 AM

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Could it be that those open smart account b4 1Jan2023 get 2.85% n those after get 3.35% since campaign is for this year.
MGM
post Feb 20 2023, 11:07 AM

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QUOTE(gooroojee @ Feb 20 2023, 10:59 AM)
Best thing to do is for those getting 2.85% to call RHB customer service and ask why. Then maybe share it back here with others.
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Anyone open smart acc this year but got 2.85%?

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