Just curious, without the bonus rate, which bank can offer 1.39-1.4x% interest rate that make you decided to transfer out?

put to versa or fsm or stashaway, it is higher than tng

But the fund you put in cant take out anytime soon right? Like in bank saving you can use it anytime you need. In TnG also can use it when needed.

versa withdrawal is within a day. so far it is faster based on my testing. TNG need to wait T+1 or longer.
fsm - can temporary park to buy UT
stashaway - withdrawal is longer. not recommend.
so versa is better. anyway up to u
(you can move and talk about it on their dedicated forum. let leave this for TNG)

This post has been edited by ericlaiys: Jan 27 2022, 11:50 AM

Thank you very much. This is helpful.

Go look for the threads for the high-interest savings accounts from RHB, OCBC, and SCB. I think called Smart-I, 365, and Priviilege Savers respectively.

I'm using Versa for mid-long term (~2-2.1%) and OCBC Frank for funds that might need to be withdrawn at a moment's notice (1.8%).

Though, to be honest, my OCBC Frank is empty most of the time. I mostly just put my money in Versa because the process is fast enough for 99% of the cases. My emergency fund is in there.

cashed out

Cashing out tomorrow

since u have ocbc bank account, why don't u open ocbc 365 account? i will withdraw from tng and put back to my ocbc 365 account, 2.15% better than versa, and it is saving account, u can withdraw anytime

lets cash out together, because i dont want to get banned alone....

if too many people cash out, i doubt they will banned everyone...

Just curious, why tomorrow?

Need money before CNY.

Not sure if i cash out 30 Jan (sunday) before 4pm, will i get the money on 31 Jan?

Me too. Just nice for CNY 'bonus'.

why not today? or you want to earn the daily interest another day is it?

If possible i want to earn interest until 31 Jan haha

Cash out on Friday can get interest for weekend meh?
Anyway its just like RM0.30/day lahhh

Its RM1.42 per day woh

I cashed out on Friday before and got it on Saturday

eh..did everyone view previous post on screenshot. Bonus quota finished. so tomorrow should be back to 1.4%

Ah….did not read that. Will withdraw my 9500 today

That's why i ask 'why not today?' thought you still want the 1.39%