yep That's the concept of benchmark of each financial product

Maybe off topic....
But talking about benchmark....
Not sure abt others... But as for me, I compared the fund performance against its peers of similar mandate, I don't really looked into whether the fund met its stated to follow benchmark.
A fund may mets its targeted benchmark but when compared against its peers of similar mandate... Where does it stand among them? How is the return?. How is the risk reward ratio? What is the expense ratio?

Wow ... the best thing about SC ATM/Debit card is PIN change no need to be done at ATM machine! Just do like credit card.

hi guys, may i know how much i need to deposit in order to open a saving account with STD CHRT? rm250?

If you already have their credit card, no need to deposit. But to get their 4% interest rate, need to deposit min 3k and 1k cc spending.

I opened it with RM 0.
I did an instant interbank fund transfer once the account is activated and viewable in SC Web/App,

This post has been edited by GrumpyNooby: Feb 26 2020, 11:34 AM

i just need a basic saving account for payroll purpose. still some bank may require a min deposit right?

Yes.
BSA needs RM 20. Some accounts need higher.
Some banks may hide BSA too.

This post has been edited by GrumpyNooby: Feb 26 2020, 11:44 AM

thanks for the input

start using since 2017

the interest is paid by monthly and calculated by daily..and it's more than 4% PA if u know what i mean..( without the investment tier )

why put in FD and locked ur money?
just join us and take out ur fd from others bank

This post has been edited by chezzcake2: Feb 26 2020, 09:00 PM

FD for amount greater than RM 100k

oops...yea..amount > 100k u can stay with others bank

if my saving reaches 100k and above what will happen??

based 0.5% and fresh fund 2.0 % no capped
1.5% credit card spend capped at 100k

if not more than 200k u can get 1 more for spouse lor..😂

Join their Premium customer and they have some Promo FD rate.
Last year 4.7% FD for 6 month
30% Casa 70% FD

What is min AUM for Premiere banking?

Premium Banking: 100k-249,999
Priority Banking: 250k and above

Yes I’ve already signed up for that.
Maximum was 300k if I’m not wrong... now I just reached 300k so quite panic la.. means I have to withdraw if not will decrease in interest right ?

now it is 4,2% which still is great. but promo ends FRIDAY I was told

Anyone knows the daily balance cut-off time for interest calculation?