here means scb or stashaway

StashAway Simple. Sry wasn't clear earlier.

Ha ha. I am late to the party probably this is the last month to get good interest.

Anyone invest in SC Investment (SC app) ?
Good returns ?

i dunno about sc investment buy i bought some unit trust with them. face to face. sign form that kind.

Due to the volatile market earlier this year, my investment was a failure, BUT, the bonus interest has it well covered

NOTIFICATION – INTRODUCTION OF INBOX NOTIFICATION FEATURE TO STANDARD CHARTERED MOBILE APP (SC MOBILE APP)\\

We are introducing Inbox Notification to our SC Mobile App which will be available for download effective 1 August 2020 onwards. We are pleased to bring you this enhancement as part of our continuous effort to enrich the mobile banking experience to all our clients.

What does this mean for you?

Inbox Notification utilises Push Notification services to securely deliver banking transaction alerts and marketing messages (the alerts) via the internet and the alerts will pop up on your mobile device via SC Mobile App. For non-SC Mobile App users, you will continue to receive the alerts via SMS and/or electronic direct mailer.

a. For New SC Mobile App users: After downloading the SC Mobile App on your device, you will be prompted to register for Soft Token and proceed to select your preferred
PIN. Upon successful validation, you will be registered for both Soft Token and Inbox Notification. You will continue to receive marketing massages but will no longer receive
banking transaction alerts via SMS.
b. For Existing SC Mobile App users: Upon successful app version update and login, a popup message will inform you of this new enhancement and notify that you are now
registered for Inbox Notification. You will continue to receive marketing messages but will no longer receive banking transaction alerts via SMS.

What if you want to disable Inbox Notification and continue receiving alerts via SMS and/or electronic direct mailer?

You are able to easily toggle between on / off for Inbox Notification in the SC Mobile App Settings menu. Besides, you have the option to choose to receive either banking transaction alerts or marketing messages or both and vice versa. By opting not to receive the alerts via Inbox Notification, you will continue to receive the alerts via SMS and/or electronic direct mailer.

https://av.sc.com/my/content/docs/introduct...-mobile-app.pdf

Just got info from bank officer, rates going down starting September.

Last month to enjoy good interest rates. I believe it will be years before can see interest rates going up again.

just hope economy recover soon

Revision of Privilege$aver Campaign Terms & Conditions

Please take note, effective 1 Sep 2020, Deposit Bonus Interest of Privilege Savings Account /Deposit Bonus Hibah of Super Salary-i and Credit Card Spend Bonus Interest will be revised as follows:


Clause 11
Table 1.
• Deposit Bonus Interest/Hibah will be revised from 2.00% p.a. to 1.50% p.a. with average balance cap of RM 200,000 during the month
• Credit Card Bonus Interest will be revised from 1.50% p.a. to 1.00% p.a.

Clause 14
Eligible Account holders can earn up to 4.60% p.a. (from 5.60% p.a.) in the promotion account based on total interest/return earned from the Base Rate and total Bonus Rates on all Bonus Categories of Deposit, Card Spend and Wealth Management as seen in Table 1 of the Campaign Terms and Conditions.

https://av.sc.com/my/content/docs/my-revisi...egeaver-tcs.pdf

Eurobeater: Please update the thread title

This post has been edited by GrumpyNooby: Aug 5 2020, 06:13 PM

Done

so everyone moving over to rhb?

Difference is only 0.25% pa

Move to Opus IPF/SPF/MPF if want to earn more.

This post has been edited by GrumpyNooby: Aug 5 2020, 07:22 PM

What is rhb best offer?

those are low risk investments, nevertheless still investments. savings account is another ballgame.

rhb smart account.

The FD thread keeps promoting TIA.
That's an alternative.

But I'm willing to take slight more risk at this period of accumulation.

i see. some sort of maybank GIA is it?

I think different product.

CIMB TIA: https://www.cimb.com.my/en/personal/day-to-...-account-i.html
2020 Q1 report: https://www.cimb.com.my/content/dam/cimb/pe...12020-final.pdf

Eurobeater

Here's the new T&C for PSA (effective 1/9/2020):

https://av.sc.com/my/content/docs/my-privilegeaver-tcs.pdf

OK!

That was 2.0% before. As almost all there available stuff was priced with 2.0% sales charge. Means if you made a monthly commitment for a product with 2.0% you are OUT OF BONUS now

By the way, sales charge 2.5 and bonus 2.0%, easy to calculate that this offer is not really worth it if you not want to have a special unit trust you cannot get with cheap or zero sales charge anywhere else.

This post has been edited by David_Yang: Aug 9 2020, 05:49 PM

Stashaway Simple is a feeder fund for Eastspring Investment Islamic Fund.

The latter invests in Islamic money market and fixed deposit which are vulnerable to the OPR rate. So, with the recent OPR drop, the ROI is likely to be less than 2.4% pa.

Honestly, if you want to invest in money market fund, there are other funds which are better in terms of ROI and time taken to buy and sell fund.