It's a pretty popular passive investing platform where you put some money in and algorithms invest it in ETFs around the world for you. Pretty low fees compared to funds.

https://www.stashaway.my/

just notice the title changed to 5.6%
is SCB has announce changed their rate?

Yes. Effective 1/5/2020.

which part of the rate affected? may I know where to check it?

Base interest reduced to 0.1% pa

https://av.sc.com/my/content/docs/my-revisi...legeaver-tc.pdf

Ooh, will check it out

oh then PM me referral code - let me go sign up so you can earn something

Please move the discussion to here:
https://forum.lowyat.net/topic/4750563/+5280#entry96365694

Delivering a more consistent and streamlined digital banking experience.

As we evolve in sync with your digitally-connected lives, we continue to streamline our products and services to deliver an enhanced digital banking experience.

In keeping with this consistency, we have decided to rename Online Mutual Funds [OMF] service to SmartDirect.

SmartDirect enables you to buy, sell, and switch more than 200 mutual funds available in more than 5 different currencies, all from the convenience of your smartphone or by internet banking.

For existing customers, we have taken all necessary measures to ensure the name change does not affect your access to SmartDirect service.

Should you have any further enquiries or require clarification, please do not hesitate to visit any of our branches for assistance or call us at 1300 888 888 or +603 7711 8888 (if you are calling from overseas).

https://av.sc.com/my/content/docs/notificat...smartdirect.pdf

Title of Up to 5.6% attract me to here

I’m a bit confused for this saving plan, means u save while spending with the card only manage to get 5.6%?

Base interest: 0.1%
Deposit fresh fund of 3k: 2%
Spend 1k with credit card: 1.5% (capped for RM 100k)
Invest 1k every month in wealth products: 2% (capped for RM 20k)



This post has been edited by GrumpyNooby: Apr 19 2020, 10:35 AM

Thank you bro! Means if I got no SC Credit Card, I cannot earn the 1.5% interest right?

Correct.

Thank you! Then probably I cannot earn much from this program. Need to find another alternative.

so SCB -3.5%
still beat OCBC -3.4% .....


is it worth to move from OCBC to SCB for the peanut 0.1% ?
RM100K - 0.1% = RM100 .......
if only RM10K ===> RM10 ...... per annual ....

indeed not much

But you have more than RM 100k and close to RM 200k.
Maybe you need both.

Good idea to have both, so that u can switch between them when needed.

what if close to 300k, which other account should consider?

SC PSA + OCBC 360 + OCBC 360i

Do you want to add if got close to RM 400k how?