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Money market fund
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xcxa23
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 Mar 29 2021, 01:22 PM
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QUOTE(tsutsugami86 @ Mar 29 2021, 11:45 AM) I feel sad to TNG, launch new product also get scold  They didn't cheat us, they already mention the return rate around 1.47 pa, still got many ppl complain the interest is low. The main purpose for this Go+ is for you to generate interest when you got money in e-wallet. Few sen better than nothing  This just show how illiterate Malaysian is |
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xcxa23
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Mar 29 2021, 01:26 PM
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QUOTE(Ramjade @ Mar 28 2021, 09:12 PM) Their interest have always been lower than us. Cannot compare unless out interest rate the same. Need to wait one year to get 2.85%p.a by topping up every year and cannot withdraw.High interest savings account need you to spend to get those interest. I am not willing to spend to get the interest. I assume you are talking about rhb bonus saver Once you have incremental of rm500 by the end of each month for the period of 1 year, you get 2.65% interest (before covid rate) Last I checked, no need to top up every year. (2020 December) Just that without rm500 incremental balance increase, there no extra bonus interest Have they change their t&c? This post has been edited by xcxa23: Mar 29 2021, 01:29 PM |
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xcxa23
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Mar 29 2021, 01:37 PM
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QUOTE(tsutsugami86 @ Mar 29 2021, 01:33 PM) "Their interest have always been lower than us." I think @Ramjade talk about SG MMF not RHB bonus saver. Is it? Ok then. Gonna leave my reply there. In case anyone interested with high yields saving account. And it does not require any spending limit. |
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xcxa23
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Mar 29 2021, 02:53 PM
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QUOTE(Ramjade @ Mar 29 2021, 02:47 PM) But that means you need to deposit rm500 every month right? Then that rm500 is lock up and cannot be removed right? If remove won't have incremental of rm500/month. It's monthly incremental of rm500 for 1 year only and that's it After that you may withdraw any amount of the balance and still enjoy the 2.65% (pre covid rate) There's No need of yearly deposit nor min spending as you claimed To enjoy extra 0.5% or 0.1%( not sure about the bonus rate, please refer to rhb for accurate details) you will need to have monthly incremental of rm500 and this is not compulsory Disclaimers *This requirement remains true as of December 2020 *Rate mentioned is pre covid This post has been edited by xcxa23: Mar 29 2021, 03:07 PM |
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