I guess he used 5.5% / 4 = 1.38%.  But the point is, you put money there for 3 months, then you cannot annualized it using 12 months period to derive the return%.  That's very misleading

guys, 4%pa is per annum, 1 Nov to 31 Jan only 92 days, so over these period you only got 4% / 365 x 92 ~= 1%

as for the standard rate we assume 1.5%pa, so you will get the usual 1.5% / 365 x 92 ~= 0.378%

so total you will get 1.378% of RM9500 = RM130.91 at the end of 31 Jan 2022

Will be credited to eWallet within 3 business days. From Touch N Go FAQ session.

Why bother calculating annualized when you already know the actual return period instead     

why topup in the first place if not using? 

no no no. Imagine TNG asking you this question. What is your answer?

One mishap your and is game over for you

even if you managed to do this once or twice, it doesnt mean you can do it continuously without raising RED FLAGS to TNGD.

hie, I dont have alot to put in, i.e RM9500 to benefit from the 4% promo, do you think if I put in RM2K will it make a difference?

just realise tng go+ have 4% extra interest
if i deposit rm9k using online banking, if is safe for me to withdraw the money to bank after the promotion period?

better do staggered low amount withdrawal, not like lumpsum 9k+ withdrawal.

When we make payment, I believe it deducts the money from the wallet first, right?

If the wallet has insufficient balance, will it then deduct just the insufficient amount from GO+, or directly deduct all from GO+?

Nope already over 3 days, and i know the amount in Go+ can go over 9.5K inside with the interest just that cant topup more than that.

u thought that's a clever move?
wait till next time after he clear go+ and cash in again
unless he is not planning to deposit into go+ anymore, else he might miss future campaign if ban from deposit into go+ forever

is there a monetary benefit in cashing in/out immediately or do you just like living dangerously?

Makes me laugh to see 'zero initial investment cost'. Taking loan from bank to deposit in ASNB is also 'zero investment cost' in that scenario. You take on liability for this game. While I agree that it is profitable, 'cost' is not just measured in ringgit out of pocket.

Whether interest is charged or not is not known until you have actually done the repayment.

Your basic assumptions are:-
1. interest-free period applies (e.g. no outstanding balance or late charges)
2. Withdrawal is done at the 'correct' timing to avoid interest/late charges

In fact I would say these assumptions only apply for a minority of CC using population.

I failed to cash in go+ for the first time.
now it stuck at "Initial cash-in transaction processing"

If i cash out Go+ RM9500 on Jan 28 (Fri) before 4pm, will i get the money on Jan 29 (Sat) or Jan 31 (Mon)?

Yes, i checked the FAQ again and it says 2 calendar days after bank verification.

I just want all my Go+ money on 31 Jan in my bank account so i could use them as angpow on CNY.

What if the cash-out will go back to "source" (wallet) instead of bank account!

I've a hunch they will extend it. But again, 2022 is payback time, i.e. much lesser goodies everywhere.

Aiya, so kedekut already 

New clause:
The Bonus Rate will only apply to a maximum GO+ balance amount of RM3,000.00.

Feel like I'm the odd one out here, used TnG eWallet since release, every month basically half my salary go into eWallet on first day of the month, had my emergency fund in Go+ the entire duration of previous promotion

I normally use OCBC Frank and latter on, Versa, now planning for Kenanga's 3%. Before this I used due GO+ having promotion rates that are better than my regular. At the moment I put in 3k in TnG again since, well, good rates up to RM3k.

I recall Hong Leong's 2.3% has quite some conditionals right? If it doesn't, I'm interested, I didn't go with OCBC HISA due to having too much conditionals.

Those who refuse to install RFID is taking a step back for the implementation of MLFF. Those who knew RFID should know that it is using radio frequency and it also based on distance range. The reason why sometime car unable to pass the barrier is due to the sensor distance set too short and need minimal distance in order for it to scan. They also cannot set it too far as this will sense the car on next lane which was going to use paydirect instead. For in order for us to get rid of the toll and implement MLFF asap, we need to install RFID on every car. If I'm the minister, I will definitely force just one lane on the left for those who still insist to use TNG card. Without enforcement for people to change, this will drag forever…

How does that help? If all lanes use RFID, doesn't mean you can expand the sensor until it can read the next lane either, else you get crossed signals all over all the time.

Before that got free why wait till start to "fine" then only move?
I believe when mass usage the price will go down to RM1 eventually or FOC when u buy a car

Yes noticed the same too. But doesn’t seem right no? System glitch? Before load say I have got 5000 transferable limit (actually the dashboard still say i have 5000 limit) however when load > 5k ie.7k the whole 7k amount is locked.

so whatever you top up using your credit card that exceed 5k, your extra say 1k or 2k or whatever your wallet can hold will be non transferable.

Just sharing my experience with the new transferable/non-transferable thing.

Reloaded RM 3,100 using credit card. There was a warning that since RM 3,100 exceeds the transferable credit card reload limit for the month, the reload will be considered non-transferable.
But it says I have RM 2,000 transferable.
Anyway, I just proceed to reload, and bam! RM 3,100 considered non-transferable.

Later, I reloaded RM 10 using credit card, and well, that RM 10 is transferable..

So, DO NOT reload more than your transferable credit card reload limit. My limit is RM 2,000, so I should not reload more than that.

I thought I was able to at least transfer RM2,000, but the entire RM 3,100 is locked..

Yes noticed the same too. But doesn’t seem right no? System glitch? Before load say I have got 5000 transferable limit (actually the dashboard still say i have 5000 limit) however when load > 5k ie.7k the whole 7k amount is locked.