6-8% return per annum? Pls ask UBB to guarantee. Projection anyone also can do. Unit trust and insurance equity funds are all projecting at 9% return. What we want is guarantee return. A lot of UBB agents out there are trying to earn quick money by misrepresenting. I have called UBB personally. They mentioned it is just their projection. I asked them to share with me their underlying investment assets ie what do they invest in to generate such high return, they cannot give me a definite answer. At least unit trust and insurance show their investment in detail in their investment report.

If they can guarantee even at 6%, the whole world will be queuing to buy from them. Don’t trust what the agents say. Ask for black and white. This is our hard earn money. Be careful. All the best

Interbank interest rate is less than 2% per annum. Why banks want to borrow from them? Moreover banks got surplus liquidity now as banks are also very afraid of Non performing loans during bad times like now. They have plenty of money but don’t know who to lend to. Likely banks are selling the credit cards debts to UBB. With 18% interest rate charged, default rate is also very very high. Extremely risky. If it is so good, banks will take their own risk to lend their own money to the credit card borrowers.
Malaysians trust people so easily. Pls make sure our hard earn money is in safe hands. There is no free lunch in this world. Greedy people will suffer in the end. If UBB dare to guarantee even at 5% per annum, everybody will buy.
Government just launched RM500 mil Sukuk Perhitin at only 2% per annum for a duration of 2 years, it was oversold. Altogether RM666 million sold. 2% return!! This 6-8% return ha!ha! Ha! They don’t need agents to sell. Just advertise in their website. You will see long queue in from of their office.