Conditional High Yield Savings Account
Conditional High Yield Savings Account
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Mar 20 2019, 12:37 PM
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#1
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2,649 posts Joined: Nov 2010 |
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Mar 20 2019, 01:09 PM
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#2
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2,649 posts Joined: Nov 2010 |
QUOTE(Ancient-XinG- @ Mar 20 2019, 12:56 PM) Is this account the best? Put aside paying transfer and etc. Imo easiest wit no min required $$ after fulfilling requirements and min requirements to fulfill.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? 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 |
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Mar 20 2019, 01:55 PM
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#3
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2,649 posts Joined: Nov 2010 |
QUOTE(Ancient-XinG- @ Mar 20 2019, 01:16 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. Afaik, nope.. previously only ambank, which offer 2.9/2.8 but after a year discontinued, slashed to 1.80.. 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.... 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. |
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Mar 21 2019, 08:20 AM
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#4
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2,649 posts Joined: Nov 2010 |
QUOTE(Ramjade @ Mar 21 2019, 07:43 AM) The criteria very easy to meet. Those criteria is monthly or 1 off?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. Pretty easy, even if monthly can set schedule in advance Plus instant transfer now most bank is foc Does the card provide cash back 5% with no min/max spend on specific day? Pay as in utilities bills? Or spending? This post has been edited by xcxa23: Mar 21 2019, 08:20 AM |
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Mar 21 2019, 08:26 AM
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#5
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QUOTE(Ancient-XinG- @ Mar 20 2019, 09:39 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. Welcome.. tats y I choose rhb.. simple and I jz need to park the money then depending on situation will transfer to FD/stock/fsmJust that need an account that parking for all the bills monthly before due date. If I'm not mistaken, it's calculate interest daily, credit monthly.. |
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Mar 22 2019, 12:24 PM
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#6
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